Akamai Technologies (NASDAQ:AKAM – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 6.470-6.680 for the period, compared to the consensus earnings per share estimate of 6.030. 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 Q4 2026 guidance to 1.500-1.700 EPS.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on AKAM shares. Citigroup reduced their target price on shares of Akamai Technologies from $160.00 to $122.00 and set a “neutral” rating on the stock in a report on Friday, September 4th. Piper Sandler reiterated an “overweight” rating on shares of Akamai Technologies in a report on Friday. Wall Street Zen raised Akamai Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, October 17th. Susquehanna dropped their price objective on Akamai Technologies from $140.00 to $90.00 and set a “positive” rating on the stock in a research note on Friday. Finally, Raymond James Financial upgraded Akamai Technologies from an “outperform” rating to a “strong-buy” rating and set a $170.00 target price on the stock in a report on Tuesday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Akamai Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $138.64.
View Our Latest Research Report on AKAM
Akamai Technologies Stock Performance
Shares of NASDAQ AKAM opened at $83.09 on Friday. The company has a 50-day simple moving average of $101.55 and a 200-day simple moving average of $112.24. The company has a market cap of $11.94 billion, a PE ratio of 32.21, a price-to-earnings-growth ratio of 4.08 and a beta of 0.65. Akamai Technologies has a 12 month low of $76.75 and a 12 month 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.
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last issued its quarterly earnings data 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 net margin of 9.51% and a return on equity of 11.32%. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the firm earned $1.86 earnings per share. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. 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 anticipate that Akamai Technologies will post 3.58 earnings per share for the current year.
Insider Buying and Selling
In related news, EVP Kim Salem-Jackson sold 2,013 shares of the firm’s stock in a transaction 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 completion of the transaction, the executive vice president directly owned 57,197 shares of the company’s stock, 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 document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Joseph sold 3,100 shares of Akamai Technologies stock in a transaction that occurred 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 transaction, the executive vice president owned 28,472 shares of the company’s stock, valued at approximately $3,007,497.36. This represents 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. In the last ninety days, insiders sold 12,135 shares of company stock worth $1,467,221. 2.30% of the stock is owned by corporate insiders.
Key Akamai Technologies News
Here are the key news stories impacting Akamai Technologies this week:
- Positive Sentiment: Third-quarter adjusted earnings of $1.77 per share topped the $1.67 consensus, while revenue rose 6.4% year over year to $1.12 billion, in line with expectations. Growth in cybersecurity and cloud services supported results. Article
- Positive Sentiment: Investors also have a longer-term growth narrative: Akamai highlighted AI-cloud business, including an Anthropic deal, and expects 2027 cloud infrastructure services revenue of $1.1 billion–$1.3 billion. Article
- Neutral Sentiment: Analyst views remain positive but targets were reduced: DA Davidson cut its target to $125 and KeyCorp to $175, both retaining favorable ratings; Susquehanna lowered its target to $90 while keeping a positive rating.
- Negative Sentiment: Near-term guidance may temper optimism. Fourth-quarter revenue guidance of $1.1 billion–$1.2 billion tops out below the $1.2 billion consensus, and the EPS range includes outcomes below the $1.63 estimate. Akamai also cited higher infrastructure costs and a shift in the timing of some Anthropic-related revenue; quarterly EPS declined from $1.86 a year ago. Article
About Akamai Technologies
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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