Akamai Technologies, Inc. (NASDAQ:AKAM) Given Consensus Recommendation of “Hold” by Analysts

Shares of Akamai Technologies, Inc. (NASDAQ:AKAMGet Free Report) have earned an average rating of “Hold” from the twenty-four ratings firms that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $144.1429.

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada decreased their target price on shares of Akamai Technologies from $150.00 to $135.00 and set a “sector perform” rating for the company in a research note on Friday, August 7th. Piper Sandler dropped their price target on shares of Akamai Technologies from $156.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, August 7th. Bank of America upgraded Akamai Technologies from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $130.00 to $175.00 in a report on Wednesday, May 13th. HSBC cut Akamai Technologies from a “buy” rating to a “hold” rating and reduced their price objective for the company from $171.00 to $123.00 in a research report on Monday, August 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Akamai Technologies in a research note on Wednesday, June 24th.

Get Our Latest Stock Analysis on Akamai Technologies

Akamai Technologies Price Performance

NASDAQ AKAM opened at $110.42 on Tuesday. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 1.64. The firm has a market capitalization of $15.87 billion, a price-to-earnings ratio of 39.72, a price-to-earnings-growth ratio of 5.03 and a beta of 0.63. The company has a 50 day simple moving average of $119.17 and a 200-day simple moving average of $117.26. Akamai Technologies has a 52-week low of $70.82 and a 52-week high of $165.45.

Akamai Technologies (NASDAQ:AKAMGet Free Report) last announced its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.02. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The firm’s revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.73 earnings per share. 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. Equities research analysts predict that Akamai Technologies will post 3.67 earnings per share for the current fiscal year.

Insider Transactions at Akamai Technologies

In other news, CTO Robert Blumofe sold 243 shares of Akamai Technologies stock in a transaction dated Thursday, June 18th. The stock was 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 $4,012,486.46. The trade was a 0.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of Akamai Technologies stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total value of $311,811.00. Following the sale, the executive vice president owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. This represents a 3.74% 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. 2.30% of the stock is owned by company insiders.

Institutional Trading of Akamai Technologies

Institutional investors have recently added to or reduced their stakes in the business. Sarver Vrooman Wealth Advisors bought a new stake in Akamai Technologies in the fourth quarter worth approximately $31,000. Root Financial Partners LLC increased its stake in shares of Akamai Technologies by 45.8% during the 4th 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. Silvant Capital Management LLC bought a new position in shares of Akamai Technologies during the 2nd quarter valued at $32,000. CYBER HORNET ETFs LLC bought a new position in shares of Akamai Technologies during the 2nd quarter valued at $32,000. Finally, WealthCollab LLC lifted its stake in shares of Akamai Technologies by 154.2% in the 4th quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock valued at $34,000 after purchasing an additional 239 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Akamai Technologies Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Akamai Technologies (NASDAQ:AKAM)

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