Akamai Technologies (NASDAQ:AKAM – Get Free Report) updated its fourth quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.500-1.700 for the period, compared to the consensus earnings per share estimate of 1.630. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. Akamai Technologies also updated its FY 2026 guidance to 6.470-6.680 EPS.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. increased their price objective on shares of Akamai Technologies from $158.00 to $167.00 and gave the stock a “neutral” rating in a research report on Friday, September 25th. President Capital upped their price target on shares of Akamai Technologies from $150.00 to $168.00 and gave the stock a “buy” rating in a research report on Wednesday, September 30th. Guggenheim reaffirmed a “buy” rating on shares of Akamai Technologies in a research report on Friday, October 30th. TD Cowen upped their price target on Akamai Technologies from $140.00 to $149.00 and gave the stock a “hold” rating in a research report on Friday, September 25th. Finally, Wall Street Zen raised shares of Akamai Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, October 17th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Akamai Technologies has an average rating of “Moderate Buy” and an average price target of $145.24.
Read Our Latest Stock Analysis on AKAM
Akamai Technologies Stock Performance
Shares of AKAM traded down $8.09 during mid-day trading on Thursday, reaching $77.84. The company had a trading volume of 9,264,626 shares, compared to its average volume of 4,697,883. The stock has a market capitalization of $11.19 billion, a P/E ratio of 28.00, a PEG ratio of 4.07 and a beta of 0.65. Akamai Technologies has a 52-week low of $71.93 and a 52-week high of $165.45. The stock has a 50 day moving average of $102.72 and a two-hundred day moving average of $112.35. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.23.
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The technology infrastructure company reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.10. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Akamai Technologies has set its FY 2026 guidance at 6.470-6.680 EPS and its Q4 2026 guidance at 1.500-1.700 EPS. On average, analysts expect that Akamai Technologies will post 3.58 earnings per share for the current year.
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 dated Friday, September 25th. The shares were sold at an average price of $125.62, for a total value of $882,103.64. Following the completion of the transaction, the executive vice president owned 14,625 shares in the company, valued at approximately $1,837,192.50. This represents a 32.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Joseph sold 3,100 shares of the stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $105.63, for a total transaction of $327,453.00. Following the sale, the executive vice president directly owned 28,472 shares in the company, valued at approximately $3,007,497.36. The trade was a 9.82% 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. Over the last quarter, insiders sold 12,135 shares of company stock valued at $1,467,221. Corporate insiders own 2.30% of the company’s stock.
Akamai Technologies Company Profile
Akamai Technologies, Inc provides cloud, cybersecurity and content-delivery services that help organizations operate and protect applications, websites and digital media over the internet. Its distributed edge platform is designed to deliver online content closer to end users while improving performance, availability and resilience.
The company’s services include content delivery and application performance solutions, cloud computing capabilities, web and application security, distributed denial-of-service protection, bot management and zero-trust security tools.
Read More
- Five stocks we like better than Akamai Technologies
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Akamai Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Akamai Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
