Akamai Technologies (NASDAQ:AKAM – Get Free Report) had its price objective dropped by research analysts at Royal Bank Of Canada from $150.00 to $135.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “sector perform” rating on the technology infrastructure company’s stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 21.49% from the stock’s previous close.
A number of other research analysts have also commented on AKAM. Guggenheim upped their price target on Akamai Technologies from $181.00 to $190.00 and gave the stock a “buy” rating in a report on Friday. Citigroup boosted their target price on shares of Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a research report on Friday, May 15th. Evercore assumed coverage on shares of Akamai Technologies in a research note on Tuesday, April 14th. They set an “outperform” rating and a $130.00 target price for the company. JPMorgan Chase & Co. increased their price target on shares of Akamai Technologies from $72.00 to $100.00 in a report on Friday, May 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Akamai Technologies in a report on Wednesday, June 24th. Twelve investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Akamai Technologies currently has a consensus rating of “Hold” and an average target price of $144.24.
Read Our Latest Stock Report on AKAM
Akamai Technologies Stock Performance
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.02. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the firm earned $1.73 EPS. The firm’s revenue was up 5.4% compared to the same quarter last year. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. As a group, equities analysts predict that Akamai Technologies will post 3.91 EPS for the current fiscal year.
Insider Activity
In other Akamai Technologies news, EVP Kim Salem-Jackson sold 2,300 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total transaction of $311,811.00. Following the completion of the transaction, the executive vice president owned 59,210 shares in the company, valued at $8,027,099.70. This trade represents a 3.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of Akamai Technologies 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 sale, the chief technology officer directly owned 31,006 shares in the company, valued at $4,012,486.46. The trade was a 0.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.30% of the company’s stock.
Institutional Trading of Akamai Technologies
Large investors have recently bought and sold shares of the stock. Contravisory Investment Management Inc. acquired a new stake in shares of Akamai Technologies in the 1st quarter valued at approximately $1,172,000. HighTower Advisors LLC grew its holdings in Akamai Technologies by 132.4% during the fourth quarter. HighTower Advisors LLC now owns 25,960 shares of the technology infrastructure company’s stock valued at $2,265,000 after purchasing an additional 14,792 shares during the period. Leeward Investments LLC MA increased its stake in Akamai Technologies by 32.6% in the fourth quarter. Leeward Investments LLC MA now owns 148,104 shares of the technology infrastructure company’s stock valued at $12,922,000 after purchasing an additional 36,395 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Akamai Technologies by 88.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 461,461 shares of the technology infrastructure company’s stock valued at $40,262,000 after purchasing an additional 216,222 shares in the last quarter. Finally, Baker Avenue Asset Management LP acquired a new stake in Akamai Technologies in the fourth quarter worth $1,393,000. 94.28% of the stock is currently owned by institutional investors.
Trending Headlines about Akamai Technologies
Here are the key news stories impacting Akamai Technologies this week:
- Positive Sentiment: Akamai reported second-quarter adjusted EPS of $1.59 and revenue of approximately $1.10 billion, exceeding consensus estimates of $1.57 and $1.09 billion, respectively. Revenue rose 5.4% year over year, supported by demand for cloud infrastructure and cybersecurity services. Reuters earnings article
- Positive Sentiment: The company announced a cloud infrastructure services contract worth more than $600 million, reinforcing the investment case that Akamai can benefit from artificial intelligence and robotics-related workloads. Barron’s Akamai AI article
- Positive Sentiment: Akamai’s third-quarter EPS guidance of $1.60–$1.80 and full-year EPS guidance of $6.40–$7.05 are above analyst expectations, providing some support for forward earnings sentiment.
- Neutral Sentiment: Guggenheim raised its price target to $190 and maintained a “buy” rating, indicating substantial potential upside if AI-led cloud growth translates into stronger profits.
- Neutral Sentiment: Analysts see strong AI-led growth, but the near-term outlook remains dependent on execution as Akamai expands infrastructure and cybersecurity capacity. Seeking Alpha Akamai growth article
- Negative Sentiment: Second-quarter EPS declined from $1.73 a year earlier, while higher infrastructure spending tied to AI expansion is pressuring margins and raising concerns about the timing of returns on investment.
- Negative Sentiment: Although full-year EPS guidance exceeded expectations, revenue guidance of $4.4–$4.5 billion is roughly in line with or slightly below the $4.5 billion consensus, limiting the upside reaction.
- Negative Sentiment: Piper Sandler lowered its price target to $140 and changed its rating to “neutral,” adding to caution following the earnings release.
Akamai Technologies Company Profile
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.
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