
Akamai Technologies, Inc. (NASDAQ:AKAM – Free Report) – Stock analysts at Scotiabank issued their FY2027 earnings estimates for Akamai Technologies in a research report issued to clients and investors on Thursday, May 14th. Scotiabank analyst P. Colville forecasts that the technology infrastructure company will post earnings of $4.13 per share for the year. Scotiabank has a “Sector Outperform” rating and a $180.00 price objective on the stock. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.16 per share.
A number of other analysts have also commented on the company. UBS Group lifted their target price on Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Guggenheim upped their price target on Akamai Technologies from $133.00 to $181.00 and gave the company a “buy” rating in a report on Friday, May 8th. Wall Street Zen cut Akamai Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. The Goldman Sachs Group boosted their target price on Akamai Technologies from $76.00 to $87.00 and gave the stock a “sell” rating in a research report on Friday, May 8th. Finally, HSBC upped their target price on shares of Akamai Technologies from $134.00 to $171.00 in a research note on Monday, May 11th. Twelve equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $145.29.
Akamai Technologies Price Performance
Shares of NASDAQ AKAM opened at $150.77 on Tuesday. The firm has a market cap of $21.92 billion, a P/E ratio of 50.76, a PEG ratio of 4.45 and a beta of 0.45. Akamai Technologies has a twelve month low of $69.78 and a twelve month high of $165.45. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.84. The company has a 50 day moving average of $112.76 and a 200 day moving average of $98.67.
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last issued its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.61. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the firm posted $1.70 earnings per share. The business’s revenue was up 5.8% on a year-over-year basis. 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.
Hedge Funds Weigh In On Akamai Technologies
Several institutional investors have recently made changes to their positions in the business. JFS Wealth Advisors LLC grew its position in Akamai Technologies by 626.2% during the fourth quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after buying an additional 263 shares during the period. Whittier Trust Co. of Nevada Inc. raised its position in Akamai Technologies by 295.3% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock worth $26,000 after acquiring an additional 251 shares during the period. Smartleaf Asset Management LLC raised its position in 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 acquiring an additional 289 shares during the period. TD Waterhouse Canada Inc. boosted its stake in shares of Akamai Technologies by 130.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after acquiring an additional 195 shares during the last quarter. Finally, Sarver Vrooman Wealth Advisors purchased a new position in shares of Akamai Technologies during the 4th quarter worth $31,000. Institutional investors own 94.28% of the company’s stock.
Insider Activity at Akamai Technologies
In related news, CAO Laura Howell sold 11,273 shares of the company’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $100.14, for a total transaction of $1,128,878.22. Following the completion of the sale, the chief accounting officer owned 12,559 shares in the company, valued at approximately $1,257,658.26. This represents a 47.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Madhu Ranganathan sold 3,131 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $102.00, for a total value of $319,362.00. Following the completion of the transaction, the director directly owned 9,160 shares in the company, valued at approximately $934,320. This represents a 25.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 53,954 shares of company stock valued at $5,511,371 in the last 90 days. 2.30% of the stock is owned by company insiders.
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.
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