Akamai Technologies (NASDAQ:AKAM) Price Target Lowered to $140.00 at Piper Sandler

Akamai Technologies (NASDAQ:AKAM) had its price objective cut by Piper Sandler from $156.00 to $140.00 in a research report released on Friday morning,Benzinga reports. They currently have a neutral rating on the technology infrastructure company’s stock.

Several other research analysts have also commented on AKAM. Susquehanna lifted their price target on Akamai Technologies from $120.00 to $175.00 and gave the stock a “positive” rating in a research report on Monday, May 11th. Zacks Research raised Akamai Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Scotiabank lifted their target price on shares of Akamai Technologies from $120.00 to $180.00 and gave the company a “sector outperform” rating in a report on Friday, May 8th. Royal Bank Of Canada raised their price target on Akamai Technologies from $100.00 to $150.00 and gave the company a “sector perform” rating in a report on Friday, May 8th. Finally, HSBC lifted their price target on Akamai Technologies from $134.00 to $171.00 in a research note on Monday, May 11th. Twelve equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Akamai Technologies presently has a consensus rating of “Hold” and an average price target of $145.33.

Akamai Technologies Stock Performance

NASDAQ:AKAM opened at $110.54 on Friday. Akamai Technologies has a 12 month low of $69.78 and a 12 month high of $165.45. The firm has a market capitalization of $16.07 billion, a PE ratio of 39.76, a price-to-earnings-growth ratio of 5.03 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.06. The business’s fifty day moving average price is $124.77 and its 200 day moving average price is $115.79.

Akamai Technologies (NASDAQ:AKAM) last posted its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.02. Akamai Technologies had a return on equity of 11.24% and a net margin of 9.51%.The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the business earned $1.73 earnings per share. The firm’s revenue was up 5.4% compared to the same quarter last year. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. On average, sell-side analysts anticipate that Akamai Technologies will post 3.91 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Kim Salem-Jackson sold 2,300 shares of the business’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the completion of the transaction, the executive vice president directly owned 59,210 shares of the company’s stock, valued at $8,027,099.70. The trade was a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the company’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 transaction, the chief technology officer owned 31,006 shares in the company, valued at approximately $4,012,486.46. This trade represents a 0.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of AKAM. Sarver Vrooman Wealth Advisors acquired a new stake in shares of Akamai Technologies in the fourth quarter worth approximately $31,000. Root Financial Partners LLC increased its position in Akamai Technologies by 45.8% during the fourth quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock worth $31,000 after purchasing an additional 110 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in Akamai Technologies during the second quarter worth approximately $32,000. WealthCollab LLC raised its stake in Akamai Technologies by 154.2% during the fourth quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock worth $34,000 after purchasing an additional 239 shares during the period. Finally, Align Financial LLC purchased a new position in Akamai Technologies during the fourth quarter worth approximately $34,000. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Akamai Technologies News Summary

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

• Positive Sentiment: Akamai reported second-quarter adjusted EPS of $1.59, above the $1.57 consensus, while revenue rose 5.4% year over year to approximately $1.10 billion, exceeding estimates. Demand remained solid across cloud infrastructure and cybersecurity services. Akamai beats quarterly estimates on cloud infrastructure demand
• Positive Sentiment: The company announced a cloud infrastructure services contract valued at more than $600 million, reinforcing its position in the AI and robotics infrastructure market. Akamai Stock Is Solidly Part of the AI Trade After Earnings
• Positive Sentiment: Akamai’s third-quarter EPS outlook of $1.60–$1.80 topped the $1.56 consensus, and its full-year EPS forecast of $6.40–$7.05 is above the $6.15 analyst estimate. TD Cowen and Guggenheim raised their price targets to $140 and $190, respectively, with Guggenheim retaining a buy rating. Akamai Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: Analyst opinion remains mixed. Royal Bank of Canada cut its target to $135 with a sector-perform rating, while Piper Sandler lowered its target to $140 and maintained neutral. These targets still imply substantial upside from recent trading levels, but the reductions signal more cautious expectations.
• Negative Sentiment: Although earnings exceeded estimates, second-quarter EPS declined from $1.73 a year earlier. Analysts are also focused on higher infrastructure investment needed to support Akamai’s AI expansion, which is weighing on near-term margins and cash-flow expectations.
• Negative Sentiment: Full-year revenue guidance of approximately $4.4–$4.5 billion was slightly below the $4.5 billion consensus, creating disappointment after the earnings beat. The stock’s decline suggests investors are prioritizing guidance and profitability risks over the headline results.

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.