Akamai Technologies (NASDAQ:AKAM) Price Target Raised to $175.00 at Susquehanna

Akamai Technologies (NASDAQ:AKAMGet Free Report) had its price target upped by research analysts at Susquehanna from $120.00 to $175.00 in a research report issued on Monday,MarketScreener reports. Susquehanna’s price target points to a potential upside of 12.65% from the stock’s previous close.

Other equities analysts also recently issued research reports about the stock. Guggenheim boosted their target price on shares of Akamai Technologies from $133.00 to $181.00 and gave the stock a “buy” rating in a research note on Friday. Royal Bank Of Canada upped their price objective on Akamai Technologies from $100.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Friday. JPMorgan Chase & Co. increased their price objective on Akamai Technologies from $72.00 to $100.00 in a report on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Akamai Technologies in a research note on Friday, March 27th. Finally, The Goldman Sachs Group upped their price target on Akamai Technologies from $76.00 to $87.00 and gave the company a “sell” rating in a report on Friday. Eleven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Akamai Technologies presently has an average rating of “Hold” and an average target price of $136.24.

View Our Latest Report on AKAM

Akamai Technologies Price Performance

Shares of NASDAQ AKAM opened at $155.35 on Monday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.36. The company has a market cap of $22.53 billion, a price-to-earnings ratio of 51.33, a price-to-earnings-growth ratio of 5.09 and a beta of 0.45. The stock’s 50-day moving average is $105.43 and its two-hundred day moving average is $94.85. Akamai Technologies has a 1-year low of $69.78 and a 1-year high of $149.76.

Akamai Technologies (NASDAQ:AKAMGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, hitting analysts’ consensus estimates of $1.61. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.07 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The business’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the previous year, the company posted $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. Analysts forecast that Akamai Technologies will post 4.15 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Mani Sundaram sold 1,722 shares of the stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $98.58, for a total transaction of $169,754.76. Following the transaction, the executive vice president directly owned 21,647 shares in the company, valued at approximately $2,133,961.26. This represents a 7.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Laura Howell sold 11,273 shares of Akamai Technologies stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $100.14, for a total value of $1,128,878.22. Following the completion of the sale, the chief accounting officer owned 12,559 shares of the company’s stock, valued at $1,257,658.26. This trade represents a 47.30% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 57,454 shares of company stock valued at $5,889,371. 2.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Akamai Technologies

Several large investors have recently made changes to their positions in the business. First Trust Advisors LP boosted its position in Akamai Technologies by 16.5% during the 4th quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock worth $589,112,000 after purchasing an additional 957,345 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Akamai Technologies by 11.2% in the first quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock worth $397,881,000 after buying an additional 349,451 shares during the period. Nordea Investment Management AB grew its stake in shares of Akamai Technologies by 39.9% in the third quarter. Nordea Investment Management AB now owns 3,437,472 shares of the technology infrastructure company’s stock valued at $258,739,000 after buying an additional 980,966 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Akamai Technologies by 5.8% during the 3rd quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock valued at $245,394,000 after buying an additional 177,756 shares during the period. Finally, Norges Bank purchased a new stake in shares of Akamai Technologies during the 4th quarter valued at about $192,959,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

About Akamai Technologies

(Get Free Report)

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.

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