Akamai Technologies (NASDAQ:AKAM) Stock Price Expected to Rise, The Goldman Sachs Group Analyst Says

Akamai Technologies (NASDAQ:AKAM) had its price target lifted by stock analysts at The Goldman Sachs Group from $76.00 to $87.00 in a note issued to investors on Friday,MarketScreener reports. The brokerage currently has a “sell” rating on the technology infrastructure company’s stock. The Goldman Sachs Group’s target price suggests a potential downside of 41.10% from the company’s previous close.

Several other research firms have also commented on AKAM. DA Davidson boosted their price objective on shares of Akamai Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Piper Sandler reaffirmed a “neutral” rating and set a $156.00 price target (up from $114.00) on shares of Akamai Technologies in a research report on Friday. Susquehanna raised their price objective on Akamai Technologies from $105.00 to $120.00 and gave the stock a “positive” rating in a research report on Friday, February 20th. Morgan Stanley boosted their target price on Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Finally, Craig Hallum upgraded Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target for the company in a research note on Friday. Eleven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Akamai Technologies currently has an average rating of “Hold” and an average price target of $129.48.

Akamai Technologies Price Performance

AKAM opened at $147.71 on Friday. The company has a market capitalization of $21.42 billion, a price-to-earnings ratio of 49.73, a PEG ratio of 4.01 and a beta of 0.45. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 0.82. Akamai Technologies has a 12-month low of $69.78 and a 12-month high of $149.76. The business’s fifty day simple moving average is $105.43 and its 200-day simple moving average is $94.85.

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

Insider Buying and Selling at Akamai Technologies

In related news, Director Jon Miller sold 11,000 shares of Akamai Technologies stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $102.67, for a total transaction of $1,129,370.00. Following the completion of the sale, the director owned 22,806 shares of the company’s stock, valued at $2,341,492.02. The trade was a 32.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Mani Sundaram sold 1,722 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $98.58, for a total value of $169,754.76. Following the completion of the sale, the executive vice president owned 21,647 shares in the company, valued at approximately $2,133,961.26. This represents a 7.37% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 57,454 shares of company stock worth $5,889,371. 2.30% of the stock is owned by corporate insiders.

Institutional Trading of Akamai Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in AKAM. PNC Financial Services Group Inc. raised its holdings in shares of Akamai Technologies by 59.2% during the first quarter. PNC Financial Services Group Inc. now owns 40,593 shares of the technology infrastructure company’s stock worth $4,662,000 after purchasing an additional 15,091 shares during the last quarter. AlTi Global Inc. acquired a new stake in Akamai Technologies during the 1st quarter worth about $1,194,000. Dimensional Fund Advisors LP raised its stake in shares of Akamai Technologies by 11.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock valued at $397,881,000 after buying an additional 349,451 shares during the last quarter. SEB Asset Management AB acquired a new position in shares of Akamai Technologies in the 1st quarter valued at about $3,242,000. Finally, Swiss National Bank lifted its holdings in shares of Akamai Technologies by 0.7% in the 1st quarter. Swiss National Bank now owns 284,700 shares of the technology infrastructure company’s stock valued at $32,698,000 after buying an additional 2,100 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

Key Akamai Technologies News

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%

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.