Zacks Research Has Negative Outlook for AKAM FY2026 Earnings

Akamai Technologies, Inc. (NASDAQ:AKAM) – Analysts at Zacks Research cut their FY2026 earnings estimates for shares of Akamai Technologies in a research report issued on Monday, October 26th. Zacks Research analyst Team now expects that the technology infrastructure company will earn $3.76 per share for the year, down from their previous estimate of $3.80. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Akamai Technologies’ current full-year earnings is $3.58 per share. Zacks Research also issued estimates for Akamai Technologies’ Q4 2026 earnings at $1.07 EPS, Q1 2027 earnings at $0.83 EPS, Q4 2027 earnings at $1.07 EPS, Q1 2028 earnings at $1.01 EPS, Q2 2028 earnings at $1.09 EPS and FY2028 earnings at $4.60 EPS.

Akamai Technologies (NASDAQ:AKAM) last issued its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.02. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period last 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.

A number of other brokerages have also weighed in on AKAM. HSBC lowered shares of Akamai Technologies from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $171.00 to $123.00 in a report on Monday, August 10th. DA Davidson cut their target price on Akamai Technologies from $185.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, September 28th. JPMorgan Chase & Co. lifted their target price on Akamai Technologies from $158.00 to $167.00 and gave the stock a “neutral” rating in a report on Friday, September 25th. Piper Sandler decreased their price target on Akamai Technologies from $158.00 to $120.00 and set an “overweight” rating for the company in a research note on Wednesday, October 21st. Finally, Evercore reaffirmed an “outperform” rating on shares of Akamai Technologies in a report on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $146.00.

Akamai Technologies Stock Up 1.1%

NASDAQ:AKAM opened at $99.59 on Wednesday. The stock has a market cap of $14.31 billion, a price-to-earnings ratio of 35.82 and a beta of 0.62. The company’s 50 day moving average price is $104.93 and its 200-day moving average price is $112.28. Akamai Technologies has a 52 week low of $70.82 and a 52 week high of $165.45.

Insider Activity at Akamai Technologies

In other Akamai Technologies news, EVP Mani Sundaram sold 7,022 shares of Akamai Technologies stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $125.62, for a total value of $882,103.64. Following the completion of the sale, the executive vice president owned 14,625 shares of the company’s stock, valued at approximately $1,837,192.50. The trade was a 32.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,013 shares of the business’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of $128.00, for a total transaction of $257,664.00. Following the sale, the executive vice president owned 57,197 shares of the company’s stock, valued at approximately $7,321,216. This represents a 3.40% 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 have sold a total of 12,135 shares of company stock worth $1,467,221 over the last quarter. Company insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Akamai Technologies

A number of institutional investors and hedge funds have recently modified their holdings of the company. Latitude Advisors LLC purchased a new stake in Akamai Technologies during the third quarter valued at $26,000. Silvant Capital Management LLC bought a new stake in shares of Akamai Technologies during the 2nd quarter valued at about $32,000. Farmers & Merchants Investments Inc. increased its position in shares of Akamai Technologies by 153.7% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 274 shares of the technology infrastructure company’s stock valued at $29,000 after purchasing an additional 166 shares during the last quarter. Cedar Mountain Advisors LLC purchased a new stake in shares of Akamai Technologies during the 1st quarter valued at about $47,000. Finally, Persistent Asset Partners Ltd bought a new position in shares of Akamai Technologies in the 2nd quarter worth approximately $54,000. 94.28% of the stock is currently 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: New AI cloud products strengthen Akamai’s growth narrative. Akamai launched Akamai Inference, a managed service for deploying AI models, and Akamai Agent Sandbox, an isolated environment for running AI agents on Akamai Cloud. The products broaden the company’s cloud and cybersecurity offering and could help it capture demand for secure, lower-latency AI inference and agent workloads. Akamai Launches AI Inference Service and Agent Execution Environment
• Positive Sentiment: The AI expansion is attracting favorable market attention. Coverage emphasized Akamai’s dedicated inference and agent-execution environments as the company seeks to differentiate its distributed cloud platform from larger centralized cloud providers. The announcements may improve long-term revenue-growth expectations if adoption develops. Akamai expands its AI Cloud platform with dedicated inference and agent execution environments
• Neutral Sentiment: Investors are looking ahead to third-quarter results. Akamai is expected to report next week. Analysts anticipate a double-digit decline in profit, making management’s outlook, AI-product commentary and evidence of demand across cloud security and delivery services important near-term catalysts. What to Expect From Akamai Technologies’ Q3 2026 Earnings Report
• Negative Sentiment: Analysts lowered forward earnings estimates. Zacks Research cut its Q2 2027 EPS forecast to $0.70 from $0.83 and reduced its FY2027 estimate to $3.73 from $3.92, while maintaining a “Hold” rating. The revisions suggest concerns about profitability and could limit the impact of the new AI initiatives until they generate measurable revenue. Akamai Technologies earnings estimate revisions

About Akamai Technologies

Akamai Technologies, Inc provides cloud, cybersecurity and content-delivery services that help organizations operate and protect applications, websites and digital media over the internet. Its distributed edge platform is designed to deliver online content closer to end users while improving performance, availability and resilience.

The company’s services include content delivery and application performance solutions, cloud computing capabilities, web and application security, distributed denial-of-service protection, bot management and zero-trust security tools.