Akamai Technologies, Inc. (NASDAQ:AKAM) Given Consensus Recommendation of “Hold” by Analysts
by Scott Moore · The Cerbat GemShares of Akamai Technologies, Inc. (NASDAQ:AKAM – Get Free Report) have earned a consensus rating of “Hold” from the twenty-one research firms that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $111.5789.
AKAM has been the subject of a number of research reports. Evercore initiated coverage on Akamai Technologies in a report on Tuesday, April 14th. They issued an “outperform” rating and a $130.00 price objective for the company. DA Davidson upped their price objective on Akamai Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. TD Cowen cut their price objective on Akamai Technologies from $104.00 to $100.00 and set a “hold” rating for the company in a report on Friday, February 20th. Robert W. Baird reiterated a “neutral” rating and issued a $110.00 price objective on shares of Akamai Technologies in a report on Thursday, April 2nd. Finally, Susquehanna upped their price objective on Akamai Technologies from $105.00 to $120.00 and gave the stock a “positive” rating in a report on Friday, February 20th.
View Our Latest Research Report on AKAM
Insider Buying and Selling
In other news, EVP Anthony P. Williams sold 15,000 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $104.29, for a total value of $1,564,350.00. Following the completion of the sale, the executive vice president owned 22,064 shares of the company’s stock, valued at approximately $2,301,054.56. The trade was a 40.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Mani Sundaram sold 1,722 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $98.58, for a total value of $169,754.76. Following the completion of the sale, the executive vice president directly owned 21,647 shares of the company’s stock, valued at approximately $2,133,961.26. This trade represents a 7.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 60,954 shares of company stock worth $6,228,871 in the last 90 days. 2.30% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Akamai Technologies
Hedge funds and other institutional investors have recently modified their holdings of the stock. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Akamai Technologies by 295.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 251 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in shares of Akamai Technologies by 130.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 195 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Akamai Technologies by 566.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 289 shares during the last quarter. JFS Wealth Advisors LLC lifted its stake in shares of Akamai Technologies by 626.2% in the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after acquiring an additional 263 shares during the last quarter. Finally, Wolff Wiese Magana LLC lifted its stake in shares of Akamai Technologies by 497.0% in the 3rd quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock valued at $30,000 after acquiring an additional 333 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.
Akamai Technologies Price Performance
Akamai Technologies stock opened at $95.89 on Wednesday. Akamai Technologies has a 52 week low of $69.78 and a 52 week high of $121.12. The business has a 50-day simple moving average of $105.38 and a 200 day simple moving average of $92.51. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.82. The stock has a market cap of $13.91 billion, a price-to-earnings ratio of 31.13, a PEG ratio of 3.29 and a beta of 0.59.
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last posted its earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.75 by $0.09. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the previous year, the business earned $1.66 earnings per share. The firm’s revenue was up 7.4% on a year-over-year basis. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. On average, research analysts forecast that Akamai Technologies will post 4.6 earnings per share for the current fiscal year.
About Akamai Technologies
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.