Akamai Technologies (NASDAQ:AKAM) Given New $120.00 Price Target at Scotiabank

Akamai Technologies (NASDAQ:AKAM) had its price objective hoisted by analysts at Scotiabank from $105.00 to $120.00 in a research note issued on Friday,MarketScreener reports. The firm presently has a “sector outperform” rating on the technology infrastructure company’s stock. Scotiabank’s price objective would indicate a potential upside of 9.50% from the stock’s current price.

Several other research firms also recently weighed in on AKAM. DA Davidson lifted their price target on shares of Akamai Technologies from $115.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. KeyCorp raised their price objective on Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday. Piper Sandler upped their target price on Akamai Technologies from $86.00 to $89.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. Susquehanna raised their price target on Akamai Technologies from $105.00 to $120.00 and gave the company a “positive” rating in a research note on Friday. Finally, Craig Hallum lifted their price objective on Akamai Technologies from $90.00 to $100.00 and gave the company a “hold” rating in a report on Friday. Ten research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $104.75.

Akamai Technologies Trading Up 0.3%

Shares of AKAM opened at $109.59 on Friday. The firm has a market capitalization of $15.77 billion, a price-to-earnings ratio of 32.14, a PEG ratio of 3.37 and a beta of 0.70. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.28 and a quick ratio of 2.28. Akamai Technologies has a 1-year low of $67.51 and a 1-year high of $113.50. The company has a 50-day moving average of $93.50 and a 200 day moving average of $83.91.

Insider Activity at Akamai Technologies

In other Akamai Technologies news, CTO Robert Blumofe sold 3,500 shares of Akamai Technologies stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $108.00, for a total value of $378,000.00. Following the transaction, the chief technology officer owned 14,574 shares in the company, valued at $1,573,992. The trade was a 19.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Adam Karon sold 3,320 shares of the stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $87.30, for a total transaction of $289,836.00. Following the sale, the chief operating officer directly owned 7,785 shares of the company’s stock, valued at approximately $679,630.50. The trade was a 29.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 32,318 shares of company stock valued at $2,967,254 over the last 90 days. Company insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Akamai Technologies

Institutional investors have recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in Akamai Technologies by 101.4% in the fourth quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company’s stock worth $384,000 after purchasing an additional 2,022 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of Akamai Technologies by 35.2% in the 1st quarter. Jones Financial Companies Lllp now owns 1,087 shares of the technology infrastructure company’s stock worth $88,000 after purchasing an additional 283 shares in the last quarter. United Services Automobile Association purchased a new position in Akamai Technologies during the 1st quarter worth $266,000. Empowered Funds LLC increased its position in Akamai Technologies by 73.0% during the 1st quarter. Empowered Funds LLC now owns 7,134 shares of the technology infrastructure company’s stock valued at $574,000 after buying an additional 3,010 shares in the last quarter. Finally, D.A. Davidson & CO. raised its stake in Akamai Technologies by 5.2% in the second quarter. D.A. Davidson & CO. now owns 10,011 shares of the technology infrastructure company’s stock valued at $798,000 after buying an additional 491 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Akamai Technologies

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

• Positive Sentiment: Q4 beat — Akamai reported non-GAAP EPS $1.84 vs. $1.75 consensus and revenue $1.095B vs. ~$1.08B, showing 7% YoY revenue growth and margin improvement. MarketBeat Q4 Summary
• Positive Sentiment: Raised guidance — Akamai issued Q1 EPS guidance $1.50–$1.67 (vs. $1.49 consensus) and FY26 EPS $6.20–$7.20 (vs. $6.23 consensus); revenue guide of $4.4B–$4.6B tops street estimates. This underpins the near-term outlook. Reuters: Forecast Above Estimates
• Positive Sentiment: Analyst upgrades/targets — KeyCorp raised its PT to $120 and kept an overweight rating; Susquehanna raised its PT to $120 with a positive rating — both imply ~9.5% upside from the recent quote. These upgrades add buying interest. Benzinga: Analyst Moves
• Positive Sentiment: Cloud momentum — Cloud Infrastructure Services revenue jumped ~45% YoY in Q4 (full-year +36%), and security revenue also grew ~11% YoY, indicating product mix driving higher-growth areas. GlobeNewswire: Q4 & FY Results
• Neutral Sentiment: Deeper analysis/transcript available — Full earnings call transcript and analyst write‑ups provide detail for models and management commentary. Useful for investors evaluating sustainability of growth. Seeking Alpha: Q4 Transcript
• Neutral Sentiment: Analyst & thematic coverage — Zacks and Investing.com pieces review metrics, estimates and questions about an AI pivot — good context but not new catalysts by themselves. Zacks Analysis
• Negative Sentiment: GAAP profit drop — GAAP net income per diluted share fell materially in Q4 (‑36% YoY) and full‑year GAAP EPS declined ~6% YoY, highlighting one-time items or non-cash impacts that make non‑GAAP beats less straightforward. Investors should monitor margins and GAAP reconciliation details. GlobeNewswire: Q4 & FY Results
• Neutral Sentiment: Short-interest data appears inconsistent in filings (reported as zero/NaN) and shouldn’t be relied on until corrected; current days-to-cover metrics are meaningless.

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.