Akamai Technologies, Inc. (NASDAQ:AKAM) Receives $109.89 Consensus PT from Analysts

Shares of Akamai Technologies, Inc. (NASDAQ:AKAM) have been given a consensus recommendation of “Hold” by the twenty-one ratings firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $109.8947.

A number of equities analysts have recently commented on the stock. The Goldman Sachs Group lifted their target price on shares of Akamai Technologies from $69.00 to $76.00 and gave the company a “sell” rating in a report on Friday, February 20th. Evercore lifted their price objective on shares of Akamai Technologies from $105.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. UBS Group upped their target price on shares of Akamai Technologies from $90.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a research note on Monday, December 29th. Finally, Raymond James Financial set a $120.00 price target on Akamai Technologies in a research report on Thursday, March 12th.

Akamai Technologies Stock Up 3.1%

Shares of NASDAQ AKAM opened at $113.92 on Friday. The business has a 50-day moving average price of $100.31 and a 200 day moving average price of $88.31. The stock has a market cap of $16.52 billion, a PE ratio of 36.99, a price-to-earnings-growth ratio of 3.72 and a beta of 0.72. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.82. Akamai Technologies has a 52-week low of $67.51 and a 52-week high of $115.20.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.75 by $0.09. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The firm’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.66 earnings per share. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. Equities research analysts forecast that Akamai Technologies will post 4.6 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Paul C. Joseph sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $90.17, for a total value of $450,850.00. Following the transaction, the executive vice president owned 17,513 shares of the company’s stock, valued at approximately $1,579,147.21. The trade was a 22.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jon Miller sold 11,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $102.67, for a total value of $1,129,370.00. Following the sale, the director owned 22,806 shares of the company’s stock, valued at $2,341,492.02. This trade represents a 32.54% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 69,274 shares of company stock worth $6,969,557. 2.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in AKAM. World Investment Advisors purchased a new stake in Akamai Technologies in the 4th quarter valued at approximately $251,000. Corient Private Wealth LLC raised its stake in shares of Akamai Technologies by 5.6% during the 4th quarter. Corient Private Wealth LLC now owns 27,486 shares of the technology infrastructure company’s stock worth $2,402,000 after buying an additional 1,457 shares in the last quarter. Rehmann Capital Advisory Group acquired a new stake in shares of Akamai Technologies in the 4th quarter valued at approximately $253,000. Employees Provident Fund Board acquired a new stake in shares of Akamai Technologies in the 4th quarter valued at approximately $9,118,000. Finally, Reflection Asset Management purchased a new stake in shares of Akamai Technologies in the fourth quarter valued at approximately $225,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

About Akamai Technologies

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.