Akamai Technologies (NASDAQ:AKAM) Updates FY 2026 Earnings Guidance

Akamai Technologies (NASDAQ:AKAM) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 6.400-7.050 for the period, compared to the consensus earnings per share estimate of 6.150. 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 Q3 2026 guidance to 1.600-1.800 EPS.

Akamai Technologies Price Performance

AKAM traded down $3.72 during midday trading on Thursday, hitting $118.55. The stock had a trading volume of 5,461,138 shares, compared to its average volume of 4,704,678. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06. Akamai Technologies has a 1 year low of $69.78 and a 1 year high of $165.45. The company has a market cap of $17.24 billion, a P/E ratio of 39.92, a price-to-earnings-growth ratio of 5.23 and a beta of 0.63. The business has a fifty day moving average of $126.04 and a 200 day moving average of $115.65.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, meeting analysts’ consensus estimates of $1.61. The company 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 12.96%. The firm’s revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.70 EPS. As a group, equities analysts forecast that Akamai Technologies will post 3.91 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on AKAM shares. Craig Hallum raised shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a research note on Friday, May 8th. Zacks Research raised Akamai Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Raymond James Financial increased their price objective on Akamai Technologies from $140.00 to $170.00 in a report on Monday, May 11th. The Goldman Sachs Group lifted their price objective on Akamai Technologies from $76.00 to $87.00 and gave the stock a “sell” rating in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. boosted their target price on Akamai Technologies from $72.00 to $100.00 in a research note on Friday, May 8th. Twelve analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $145.29.

Insider Buying and Selling

In other Akamai Technologies news, CTO Robert Blumofe sold 243 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $129.41, for a total transaction of $31,446.63. Following the completion of the sale, the chief technology officer directly owned 31,006 shares in the company, valued at approximately $4,012,486.46. This trade represents a 0.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total transaction of $311,811.00. Following the sale, the executive vice president directly owned 59,210 shares of the company’s stock, valued at $8,027,099.70. This trade represents a 3.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.30% of the company’s stock.

More Akamai Technologies News

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

• Positive Sentiment: Quarterly results modestly exceeded expectations. Akamai reported adjusted EPS of $1.59 versus the $1.57 consensus estimate, while revenue reached $1.10 billion compared with expectations of $1.09 billion. Akamai Technologies quarterly earnings press release
• Positive Sentiment: Full-year and third-quarter EPS guidance is above consensus. Fiscal 2026 EPS guidance of $6.40–$7.05 is ahead of the $6.15 analyst estimate, while third-quarter EPS guidance of $1.60–$1.80 exceeds the $1.56 consensus. This suggests management remains confident in profitability and execution.
• Positive Sentiment: Security demand appears favorable. Akamai’s research highlighted widespread enterprise “shadow AI” usage that bypasses corporate security, while its Workforce Protector solution is designed to secure browser, SaaS, and AI activity. These developments could support demand for Akamai’s cybersecurity offerings. Akamai shadow AI research
• Neutral Sentiment: Revenue guidance is roughly in line to slightly below expectations. Fiscal 2026 revenue guidance of $4.4–$4.5 billion has a midpoint below the $4.5 billion consensus, while third-quarter revenue guidance of approximately $1.1 billion is broadly in line with estimates.
• Negative Sentiment: Investors remain concerned about AI investment costs. Akamai’s large AI infrastructure commitment requires higher capital spending and additional borrowing, potentially pressuring free cash flow, leverage, and near-term margins before the investment generates meaningful returns. Akamai investor caution analysis
• Negative Sentiment: Insider selling may weigh on sentiment. Quiver Quantitative reported 21 open-market insider sales and no purchases over the past six months, although such transactions do not necessarily indicate a change in company fundamentals.

Institutional Investors Weigh In On Akamai Technologies

Several large investors have recently bought and sold shares of AKAM. Corient Private Wealth LLC boosted its holdings in shares of Akamai Technologies by 6.2% during the 4th quarter. Corient Private Wealth LLC now owns 27,630 shares of the technology infrastructure company’s stock valued at $2,406,000 after acquiring an additional 1,601 shares during the last quarter. Alberta Investment Management Corp raised its holdings in shares of Akamai Technologies by 76.7% during the fourth quarter. Alberta Investment Management Corp now owns 18,200 shares of the technology infrastructure company’s stock valued at $1,588,000 after purchasing an additional 7,900 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its position in Akamai Technologies by 15.9% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 33,222 shares of the technology infrastructure company’s stock valued at $2,899,000 after purchasing an additional 4,565 shares during the period. Beacon Pointe Advisors LLC lifted its position in Akamai Technologies by 12.1% during the fourth quarter. Beacon Pointe Advisors LLC now owns 3,579 shares of the technology infrastructure company’s stock valued at $312,000 after purchasing an additional 387 shares during the period. Finally, State of Tennessee Department of Treasury boosted its holdings in Akamai Technologies by 64.7% in the fourth quarter. State of Tennessee Department of Treasury now owns 53,430 shares of the technology infrastructure company’s stock worth $4,662,000 after purchasing an additional 20,998 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors.

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.