Akamai Technologies, Inc. (NASDAQ:AKAM – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the twenty-four brokerages that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, nine have given a hold recommendation, twelve have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $145.24.
Several brokerages have issued reports on AKAM. HSBC cut Akamai Technologies from a “buy” rating to a “hold” rating and dropped their target price for the stock from $171.00 to $123.00 in a research report on Monday, August 10th. JPMorgan Chase & Co. upped their price target on shares of Akamai Technologies from $158.00 to $167.00 and gave the company a “neutral” rating in a research report on Friday, September 25th. Piper Sandler reduced their price target on shares of Akamai Technologies from $158.00 to $120.00 and set an “overweight” rating for the company in a research report on Wednesday, October 21st. Guggenheim reiterated a “buy” rating on shares of Akamai Technologies in a research note on Friday, October 30th. Finally, Morgan Stanley dropped their price objective on shares of Akamai Technologies from $165.00 to $149.00 and set an “overweight” rating on the stock in a report on Monday.
Read Our Latest Analysis on Akamai Technologies
More Akamai Technologies News
Here are the key news stories impacting Akamai Technologies this week:
- Positive Sentiment: Third-quarter EPS was $1.77, above the $1.67 analyst consensus. Full-year 2026 EPS guidance of $6.47–$6.68 also exceeds the $6.03 consensus. Akamai Q3 Earnings and Revenues
- Negative Sentiment: Fourth-quarter EPS guidance of $1.50–$1.70 has a midpoint below the $1.63 consensus. The $1.1–$1.2 billion revenue range also has a midpoint below analysts’ $1.2 billion estimate, raising concerns about near-term performance. Akamai quarterly results and guidance
- Negative Sentiment: Full-year revenue guidance of $4.4–$4.5 billion reaches, but does not exceed, the $4.5 billion consensus at its high end. Third-quarter EPS was also below the $1.86 reported a year earlier, despite beating estimates. Akamai Q3 key metrics
Insider Buying and Selling at Akamai Technologies
In other Akamai Technologies news, EVP Kim Salem-Jackson sold 2,013 shares of the stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $128.00, for a total value of $257,664.00. Following the transaction, the executive vice president directly owned 57,197 shares in the company, valued at approximately $7,321,216. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mani Sundaram sold 7,022 shares of Akamai Technologies 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 transaction, the executive vice president owned 14,625 shares in the company, valued at $1,837,192.50. This represents a 32.44% 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. Over the last ninety days, insiders sold 12,135 shares of company stock valued at $1,467,221. Insiders own 2.30% of the company’s stock.
Hedge Funds Weigh In On Akamai Technologies
Institutional investors and hedge funds have recently bought and sold shares of the stock. Latitude Advisors LLC purchased a new stake in shares of Akamai Technologies during the third quarter worth about $26,000. Silvant Capital Management LLC bought a new stake in Akamai Technologies during the 2nd quarter valued at approximately $32,000. Farmers & Merchants Investments Inc. raised its stake in Akamai Technologies by 153.7% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 274 shares of the technology infrastructure company’s stock valued at $29,000 after purchasing an additional 166 shares during the period. Cedar Mountain Advisors LLC purchased a new position in Akamai Technologies in the 1st quarter worth approximately $47,000. Finally, Persistent Asset Partners Ltd purchased a new position in Akamai Technologies in the 2nd quarter worth approximately $54,000. 94.28% of the stock is currently owned by hedge funds and other institutional investors.
Akamai Technologies Price Performance
NASDAQ AKAM opened at $77.84 on Friday. The stock has a market capitalization of $11.19 billion, a price-to-earnings ratio of 28.00, a PEG ratio of 4.05 and a beta of 0.65. Akamai Technologies has a 1-year low of $71.93 and a 1-year high of $165.45. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 1.64. The business’s fifty day moving average price is $102.11 and its 200-day moving average price is $112.27.
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The technology infrastructure company reported $1.77 EPS for the quarter, topping the consensus estimate of $1.67 by $0.10. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.12 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%. Akamai Technologies’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.86 earnings per share. 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, equities analysts predict that Akamai Technologies will post 3.58 earnings per share for the current year.
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.
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