Akamai Technologies (NASDAQ:AKAM) Releases FY 2026 Earnings Guidance

Posted by Stanley Muller on Aug 6th, 2026

Akamai Technologies (NASDAQ:AKAM – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 6.400-7.050 for the period, compared to the consensus EPS estimate of 6.150. The company issued revenue guidance of $4.4 billion-$4.5 billion, compared to the consensus revenue estimate of $4.5 billion. Akamai Technologies also updated its Q3 2026 guidance to 1.600-1.800 EPS.

Akamai Technologies Stock Performance

Akamai Technologies stock traded down $3.72 during mid-day trading on Thursday, reaching $118.55. 5,461,138 shares of the stock traded hands, compared to its average volume of 4,704,678. Akamai Technologies has a 12-month low of $69.78 and a 12-month high of $165.45. The business’s 50-day moving average is $126.04 and its 200-day moving average is $115.65. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.06. The stock has a market capitalization of $17.24 billion, a PE ratio of 39.92, a price-to-earnings-growth ratio of 5.23 and a beta of 0.63.

Akamai Technologies (NASDAQ:AKAM – Get Free Report) last announced its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.61. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The business’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period last year, the firm posted $1.70 earnings per share. As a group, sell-side analysts predict that Akamai Technologies will post 3.91 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on AKAM. Craig Hallum upgraded shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a research note on Friday, May 8th. Citigroup upped their target price on shares of Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a report on Friday, May 15th. Evercore initiated coverage on shares of Akamai Technologies in a research report on Tuesday, April 14th. They issued an “outperform” rating and a $130.00 price target on the stock. JPMorgan Chase & Co. lifted their price target on shares of Akamai Technologies from $72.00 to $100.00 in a research note on Friday, May 8th. Finally, Piper Sandler reissued a “neutral” rating and set a $156.00 price objective (up from $114.00) on shares of Akamai Technologies in a research report on Friday, May 8th. Twelve equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $145.29.

Get Our Latest Analysis on AKAM

Insider Buying and Selling

In related news, CTO Robert Blumofe sold 243 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total value of $31,446.63. Following the completion of the sale, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at approximately $4,012,486.46. This represents a 0.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total transaction of $311,811.00. Following the sale, the executive vice president owned 59,210 shares in the company, valued at approximately $8,027,099.70. The trade was a 3.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.30% of the company’s stock.

Key Akamai Technologies News

Here are the key news stories impacting Akamai Technologies this week:

Positive Sentiment: Quarterly results modestly exceeded expectations. Akamai reported adjusted EPS of $1.59 versus the $1.57 consensus estimate, while revenue reached $1.10 billion compared with expectations of $1.09 billion. Akamai Technologies quarterly earnings press release
Positive Sentiment: Full-year and third-quarter EPS guidance is above consensus. Fiscal 2026 EPS guidance of $6.40–$7.05 is ahead of the $6.15 analyst estimate, while third-quarter EPS guidance of $1.60–$1.80 exceeds the $1.56 consensus. This suggests management remains confident in profitability and execution.
Positive Sentiment: Security demand appears favorable. Akamai’s research highlighted widespread enterprise “shadow AI” usage that bypasses corporate security, while its Workforce Protector solution is designed to secure browser, SaaS, and AI activity. These developments could support demand for Akamai’s cybersecurity offerings. Akamai shadow AI research
Neutral Sentiment: Revenue guidance is roughly in line to slightly below expectations. Fiscal 2026 revenue guidance of $4.4–$4.5 billion has a midpoint below the $4.5 billion consensus, while third-quarter revenue guidance of approximately $1.1 billion is broadly in line with estimates.
Negative Sentiment: Investors remain concerned about AI investment costs. Akamai’s large AI infrastructure commitment requires higher capital spending and additional borrowing, potentially pressuring free cash flow, leverage, and near-term margins before the investment generates meaningful returns. Akamai investor caution analysis
Negative Sentiment: Insider selling may weigh on sentiment. Quiver Quantitative reported 21 open-market insider sales and no purchases over the past six months, although such transactions do not necessarily indicate a change in company fundamentals.

Institutional Investors Weigh In On Akamai Technologies

Institutional investors have recently bought and sold shares of the business. CYBER HORNET ETFs LLC bought a new position in shares of Akamai Technologies in the second quarter worth about $32,000. Sfam LLC purchased a new position in Akamai Technologies in the 4th quarter worth approximately $38,000. MUFG Securities EMEA plc purchased a new position in Akamai Technologies in the 2nd quarter worth approximately $35,000. BOKF NA boosted its stake in Akamai Technologies by 438.0% in the 3rd quarter. BOKF NA now owns 538 shares of the technology infrastructure company’s stock worth $41,000 after purchasing an additional 438 shares during the period. Finally, Los Angeles Capital Management LLC purchased a new stake in Akamai Technologies during the 4th quarter valued at approximately $56,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Akamai Technologies Company Profile

(Get Free Report)

Akamai Technologies, Inc is a leading provider of content delivery network (CDN) services and cloud security solutions designed to optimize and safeguard digital experiences. Leveraging a globally distributed platform, the company accelerates web and mobile content delivery for enterprises, media companies, e-commerce platforms and government agencies. Its edge computing architecture brings processing power closer to end users, reducing latency and improving application performance across geographies.

The company’s core offerings include content acceleration, web and mobile performance optimization, media delivery, and a suite of cybersecurity solutions that protect against DDoS attacks, application-layer threats and bot-driven fraud.