Akamai Technologies (NASDAQ:AKAM – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.540-1.590 for the period, compared to the consensus estimate of 1.660. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. Akamai Technologies also updated its FY 2025 guidance to 6.000-6.400 EPS.
Akamai Technologies Stock Down 2.2 %
AKAM traded down $2.21 during trading hours on Thursday, reaching $98.05. 2,968,584 shares of the stock traded hands, compared to its average volume of 1,758,572. Akamai Technologies has a fifty-two week low of $84.70 and a fifty-two week high of $113.36. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.33 and a quick ratio of 1.33. The company has a market cap of $14.73 billion, a price-to-earnings ratio of 29.01, a PEG ratio of 3.55 and a beta of 0.65. The firm’s fifty day simple moving average is $96.64 and its two-hundred day simple moving average is $97.96.
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The technology infrastructure company reported $1.19 EPS for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.33). Akamai Technologies had a net margin of 13.27% and a return on equity of 14.63%. As a group, analysts forecast that Akamai Technologies will post 4.28 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Read Our Latest Analysis on AKAM
Insider Buying and Selling at Akamai Technologies
In other Akamai Technologies news, EVP Paul C. Joseph sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $91.57, for a total transaction of $366,280.00. Following the transaction, the executive vice president now owns 23,104 shares of the company’s stock, valued at approximately $2,115,633.28. This trade represents a 14.76 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Edward J. Mcgowan sold 10,782 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $98.71, for a total transaction of $1,064,291.22. Following the transaction, the chief financial officer now directly owns 12,716 shares in the company, valued at approximately $1,255,196.36. The trade was a 45.88 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 15,782 shares of company stock valued at $1,523,951. Company insiders own 1.80% of the company’s stock.
Akamai Technologies Company Profile
Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.
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