Akamai Technologies’ (AKAM) “Neutral” Rating Reaffirmed at Piper Sandler

Piper Sandler reaffirmed their neutral rating on shares of Akamai Technologies (NASDAQ:AKAM) in a research note published on Friday,Benzinga reports. The firm currently has a $156.00 price objective on the technology infrastructure company’s stock, up from their prior price objective of $114.00.

AKAM has been the topic of several other reports. KeyCorp raised their price objective on Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. UBS Group lifted their target price on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a report on Friday. Scotiabank lifted their price objective on Akamai Technologies from $105.00 to $120.00 and gave the company a “sector outperform” rating in a research note on Friday, February 20th. Susquehanna upped their target price on Akamai Technologies from $105.00 to $120.00 and gave the stock a “positive” rating in a research note on Friday, February 20th. Finally, TD Cowen cut their price objective on Akamai Technologies from $104.00 to $100.00 and set a “hold” rating for the company in a report on Friday, February 20th. Eleven research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $130.40.

Akamai Technologies Stock Up 26.6%

Shares of NASDAQ:AKAM opened at $147.71 on Friday. The company has a fifty day moving average of $105.43 and a 200-day moving average of $94.85. The company has a market capitalization of $21.42 billion, a PE ratio of 49.73, a price-to-earnings-growth ratio of 4.01 and a beta of 0.45. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.36 and a current ratio of 2.36. Akamai Technologies has a 52-week low of $69.78 and a 52-week high of $149.76.

Akamai Technologies (NASDAQ:AKAM) last posted its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.61. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.07 billion. Akamai Technologies had a net margin of 10.20% and a return on equity of 13.09%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.70 EPS. 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. On average, equities analysts predict that Akamai Technologies will post 4.17 EPS for the current fiscal year.

Insider Activity at Akamai Technologies

In other Akamai Technologies news, CAO Laura Howell sold 11,273 shares of Akamai Technologies stock in a transaction that occurred 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 transaction, the chief accounting officer directly owned 12,559 shares of the company’s stock, valued at approximately $1,257,658.26. This trade represents a 47.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Mani Sundaram sold 8,642 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $101.25, for a total transaction of $875,002.50. Following the completion of the sale, the executive vice president owned 19,923 shares of the company’s stock, valued at approximately $2,017,203.75. The trade was a 30.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 57,454 shares of company stock worth $5,889,371 in the last quarter. 2.30% of the stock is owned by company insiders.

Institutional Trading of Akamai Technologies

Hedge funds have recently added to or reduced their stakes in the business. Whittier Trust Co. of Nevada Inc. boosted its position in Akamai Technologies by 295.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after buying an additional 251 shares during the period. TD Waterhouse Canada Inc. increased its holdings in shares of Akamai Technologies by 130.0% in the third quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 195 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Akamai Technologies by 566.7% in the third quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 289 shares during the period. JFS Wealth Advisors LLC lifted its stake in shares of Akamai Technologies by 626.2% in 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 boosted its holdings in 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 period. 94.28% of the stock is owned by institutional investors.

Akamai Technologies News Summary

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

• Positive Sentiment: Akamai reported first-quarter revenue of $1.074 billion, up 6% year over year, and non-GAAP EPS of $1.61, matching Wall Street estimates while showing solid demand in security and cloud infrastructure. Akamai Reports First Quarter 2026 Financial Results
• Positive Sentiment: The company said a leading frontier-model provider committed $1.8 billion over seven years for Akamai’s cloud infrastructure services, giving investors a clear signal that its AI-related business could become a much larger growth driver. Akamai Reports First Quarter 2026 Financial Results
• Positive Sentiment: Analysts turned more constructive after the report, with price targets lifted by RBC, UBS, Guggenheim, and Craig Hallum, reflecting improved expectations for Akamai’s growth outlook. Analyst updates
• Neutral Sentiment: Akamai’s second-quarter and full-year guidance was mixed versus expectations: FY 2026 EPS guidance was raised, but Q2 profit and revenue outlooks were below some Wall Street estimates, suggesting near-term margin pressure from higher infrastructure costs and cautious enterprise spending. Akamai forecasts quarterly results below expectations
• Neutral Sentiment: Unusually heavy call-option buying also points to traders positioning for more upside, but that activity is more of a momentum signal than a fundamental catalyst. Why Akamai Shares Are Trading Higher By 26%

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.