Akamai Technologies (NASDAQ:AKAM) Price Target Raised to $175.00

Akamai Technologies (NASDAQ:AKAM) had its price objective raised by Susquehanna from $120.00 to $175.00 in a research note issued to investors on Monday, Marketbeat.com reports. They currently have a positive rating on the technology infrastructure company’s stock.

Several other research firms have also recently weighed in on AKAM. Oppenheimer boosted their price objective on shares of Akamai Technologies from $115.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Robert W. Baird restated a “neutral” rating and issued a $110.00 price objective on shares of Akamai Technologies in a research report on Thursday, April 2nd. UBS Group boosted their price objective on shares of Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Raymond James Financial set a $120.00 price objective on shares of Akamai Technologies in a research report on Thursday, March 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Akamai Technologies in a research report on Friday, March 27th. Twelve equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $140.76.

Akamai Technologies Stock Up 7.7%

Shares of AKAM opened at $161.14 on Monday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.36. The business’s 50 day simple moving average is $109.74 and its 200-day simple moving average is $97.04. Akamai Technologies has a one year low of $69.78 and a one year high of $165.45. The company has a market capitalization of $23.43 billion, a P/E ratio of 54.26, a PEG ratio of 5.16 and a beta of 0.45.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, hitting the consensus estimate of $1.61. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the previous year, the company posted $1.70 EPS. Akamai Technologies’s revenue was up 5.8% on a year-over-year basis. 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. As a group, sell-side analysts predict that Akamai Technologies will post 4.15 EPS for the current fiscal year.

Insider Activity at Akamai Technologies

In other Akamai Technologies news, Director Jon Miller sold 11,000 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $102.67, for a total transaction of $1,129,370.00. Following the completion of the sale, the director owned 22,806 shares in the company, valued at approximately $2,341,492.02. The trade was a 32.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Laura Howell sold 11,273 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $100.14, for a total transaction of $1,128,878.22. Following the sale, the chief accounting officer owned 12,559 shares of the company’s stock, valued at $1,257,658.26. The trade was a 47.30% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 57,454 shares of company stock worth $5,889,371. 2.30% of the stock is owned by company insiders.

Institutional Trading of Akamai Technologies

Institutional investors and hedge funds have recently made changes to their positions in the business. Whittier Trust Co. of Nevada Inc. raised its position 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 acquiring an additional 251 shares during the last quarter. TD Waterhouse Canada Inc. raised its position in shares of Akamai Technologies by 130.0% during 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 raised its position in shares of Akamai Technologies by 566.7% during 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 raised its position in shares of Akamai Technologies by 626.2% during 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 raised its position in shares of Akamai Technologies by 497.0% during 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.

Key Headlines Impacting Akamai Technologies

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

• Positive Sentiment: Bank of America upgraded Akamai to Buy from Neutral and raised its price target to $175 from $130, saying the company is increasingly being viewed as an AI infrastructure play rather than just a content delivery network provider. Akamai Technologies upgraded by Bank of America on AI infrastructure shift
• Positive Sentiment: Several other analysts also turned more constructive, with HSBC, Susquehanna and Raymond James all lifting price targets, signaling broader Wall Street confidence in Akamai’s growth outlook. Akamai Technologies (NASDAQ:AKAM) Price Target Raised to $171.00 at HSBC
• Positive Sentiment: News that Anthropic signed a $1.8 billion cloud-computing deal with Akamai added to optimism that the company is gaining traction in AI-related infrastructure demand. Anthropic secures $1.8bn cloud deal with Akamai for AI expansion
• Neutral Sentiment: One analysis noted that Akamai’s CDN business still faces competitive pressure and pricing weakness, but said security and cloud computing could help reaccelerate growth starting in 2026. Akamai: Security And Cloud Computing To Reaccelerate Growth
• Neutral Sentiment: Earlier stock moves were also supported by the upgrade-driven rally, with AKAM trading near its 52-week high as investors reacted to the AI-infrastructure narrative. Akamai stock soars: here’s why BofA is betting on the stock

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.