Akamai Technologies, Inc. (NASDAQ:AKAM – Free Report) – Stock analysts at Scotiabank reduced their FY2026 earnings estimates for Akamai Technologies in a research note issued on Thursday, October 1st. Scotiabank analyst P. Colville now forecasts that the technology infrastructure company will earn $3.55 per share for the year, down from their previous estimate of $3.63. The consensus estimate for Akamai Technologies’ current full-year earnings is $3.58 per share.
AKAM has been the topic of a number of other research reports. Susquehanna reduced their price target on Akamai Technologies from $175.00 to $140.00 and set a “positive” rating on the stock in a research report on Monday, August 10th. Citigroup dropped their price objective on Akamai Technologies from $160.00 to $122.00 and set a “neutral” rating for the company in a report on Friday, September 4th. Evercore reiterated an “outperform” rating on shares of Akamai Technologies in a research report on Friday, September 25th. JPMorgan Chase & Co. increased their target price on Akamai Technologies from $158.00 to $167.00 and gave the stock a “neutral” rating in a report on Friday, September 25th. Finally, UBS Group raised their price target on Akamai Technologies from $143.00 to $148.00 and gave the stock a “neutral” rating in a research report on Friday, September 25th. Thirteen research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $150.10.
Akamai Technologies Stock Up 1.9%
NASDAQ AKAM opened at $108.92 on Friday. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.23. Akamai Technologies has a 1-year low of $70.82 and a 1-year high of $165.45. The company has a 50 day moving average of $111.67 and a 200-day moving average of $118.82. The company has a market cap of $15.65 billion, a price-to-earnings ratio of 39.18, a PEG ratio of 5.12 and a beta of 0.62.
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.02. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the firm earned $1.73 earnings per share. Akamai Technologies’s revenue for the quarter 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.
Insider Buying and Selling at Akamai Technologies
In other Akamai Technologies news, EVP Mani Sundaram sold 7,022 shares of the company’s stock in a transaction on Friday, September 25th. The stock was sold at an average price of $125.62, for a total transaction of $882,103.64. Following the completion of the sale, the executive vice president directly owned 14,625 shares in the company, valued at $1,837,192.50. This represents a 32.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Joseph sold 3,100 shares of the firm’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $105.63, for a total value of $327,453.00. Following the completion of the sale, the executive vice president directly owned 28,472 shares in the company, valued at approximately $3,007,497.36. This represents a 9.82% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 12,135 shares of company stock worth $1,467,221 over the last three months. Corporate insiders own 2.30% of the company’s stock.
Institutional Trading of Akamai Technologies
Several institutional investors and hedge funds have recently modified their holdings of the business. CX Institutional grew its position in Akamai Technologies by 146.9% in the third quarter. CX Institutional now owns 9,445 shares of the technology infrastructure company’s stock valued at $1,004,000 after acquiring an additional 5,620 shares during the last quarter. Versant Capital Management Inc lifted its holdings in shares of Akamai Technologies by 260.6% in the third quarter. Versant Capital Management Inc now owns 696 shares of the technology infrastructure company’s stock worth $74,000 after acquiring an additional 503 shares during the last quarter. QRG Capital Management Inc. lifted its holdings in shares of Akamai Technologies by 1,716.7% in the second quarter. QRG Capital Management Inc. now owns 32,610 shares of the technology infrastructure company’s stock worth $3,855,000 after acquiring an additional 30,815 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Akamai Technologies by 114.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,073 shares of the technology infrastructure company’s stock valued at $718,000 after purchasing an additional 3,244 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its stake in shares of Akamai Technologies by 263.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 98,149 shares of the technology infrastructure company’s stock valued at $11,602,000 after purchasing an additional 71,147 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.
About Akamai Technologies
Akamai Technologies, Inc (NASDAQ: AKAM) provides cloud computing, cybersecurity and content delivery services for businesses and public-sector organizations. Its distributed edge platform helps customers deliver websites, applications, media and other digital experiences while improving performance, availability and scalability.
The company’s services include web and application performance optimization, content delivery, cloud infrastructure, application and API security, distributed denial-of-service protection, zero-trust security and bot management.
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