Akamai Technologies (NASDAQ:AKAM) Given New $160.00 Price Target at UBS Group

Akamai Technologies (NASDAQ:AKAM) had its target price hoisted by UBS Group from $110.00 to $160.00 in a research note published on Friday, MarketBeat.com reports. They currently have a neutral rating on the technology infrastructure company’s stock.

Other research analysts also recently issued research reports about the company. KeyCorp increased their target price on Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Oppenheimer upped their price target on shares of Akamai Technologies from $115.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a research note on Friday, March 27th. Evercore initiated coverage on shares of Akamai Technologies in a report on Tuesday, April 14th. They issued an “outperform” rating and a $130.00 price objective on the stock. Finally, Morgan Stanley boosted their target price on shares of Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Eleven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $130.40.

Akamai Technologies Trading Up 26.6%

Shares of AKAM stock opened at $147.71 on Friday. Akamai Technologies has a 12-month low of $69.78 and a 12-month high of $149.76. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 0.82. The firm’s 50 day moving average is $105.43 and its 200 day moving average is $94.85. The stock has a market capitalization of $21.42 billion, a P/E ratio of 49.73, a P/E/G ratio of 4.01 and a beta of 0.45.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.61. The business had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.07 billion. Akamai Technologies had a net margin of 10.20% and a return on equity of 13.09%. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.70 EPS. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. Research analysts expect that Akamai Technologies will post 4.17 earnings per share for the current year.

Insider Transactions at Akamai Technologies

In related news, CTO Robert Blumofe sold 3,500 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $108.00, for a total value of $378,000.00. Following the completion of the sale, the chief technology officer directly owned 14,574 shares of the company’s stock, valued at approximately $1,573,992. This represents a 19.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Mani Sundaram sold 8,642 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $101.25, for a total transaction of $875,002.50. Following the sale, the executive vice president owned 19,923 shares in the company, valued at approximately $2,017,203.75. The trade was a 30.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 57,454 shares of company stock valued at $5,889,371. Company insiders own 2.30% of the company’s stock.

Institutional Trading of Akamai Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of AKAM. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Akamai Technologies by 295.3% during 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 buying an additional 251 shares in the last quarter. TD Waterhouse Canada Inc. boosted its holdings in Akamai Technologies by 130.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 195 shares during the period. Smartleaf Asset Management LLC increased its stake in Akamai Technologies by 566.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 289 shares in the last quarter. JFS Wealth Advisors LLC raised its holdings in Akamai Technologies by 626.2% during the fourth 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 period. Finally, Wolff Wiese Magana LLC lifted its position in shares of Akamai Technologies by 497.0% in the third 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 in the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.

Akamai Technologies News Roundup

Here are the key news stories impacting Akamai Technologies this week:

• Positive Sentiment: Akamai reported first-quarter revenue of $1.074 billion, up 6% year over year, and non-GAAP EPS of $1.61, matching Wall Street estimates while showing solid demand in security and cloud infrastructure. Akamai Reports First Quarter 2026 Financial Results
• Positive Sentiment: The company said a leading frontier-model provider committed $1.8 billion over seven years for Akamai’s cloud infrastructure services, giving investors a clear signal that its AI-related business could become a much larger growth driver. Akamai Reports First Quarter 2026 Financial Results
• Positive Sentiment: Analysts turned more constructive after the report, with price targets lifted by RBC, UBS, Guggenheim, and Craig Hallum, reflecting improved expectations for Akamai’s growth outlook. Analyst updates
• Neutral Sentiment: Akamai’s second-quarter and full-year guidance was mixed versus expectations: FY 2026 EPS guidance was raised, but Q2 profit and revenue outlooks were below some Wall Street estimates, suggesting near-term margin pressure from higher infrastructure costs and cautious enterprise spending. Akamai forecasts quarterly results below expectations
• Neutral Sentiment: Unusually heavy call-option buying also points to traders positioning for more upside, but that activity is more of a momentum signal than a fundamental catalyst. Why Akamai Shares Are Trading Higher By 26%

Akamai Technologies Company Profile

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.