Akamai Technologies (NASDAQ:AKAM) Releases FY 2026 Earnings Guidance

Akamai Technologies (NASDAQ:AKAM) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 6.400-7.050 for the period, compared to the consensus estimate of 6.150. The company issued revenue guidance of $4.4 billion-$4.5 billion, compared to the consensus revenue estimate of $4.5 billion. Akamai Technologies also updated its Q3 2026 guidance to 1.600-1.800 EPS.

Wall Street Analyst Weigh In

AKAM has been the subject of a number of research reports. Zacks Research upgraded Akamai Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Scotiabank raised their price target on shares of Akamai Technologies from $120.00 to $180.00 and gave the company a “sector outperform” rating in a report on Friday, May 8th. Bank of America raised shares of Akamai Technologies from a “neutral” rating to a “buy” rating and lifted their price target for the company from $130.00 to $175.00 in a research report on Wednesday, May 13th. Royal Bank Of Canada boosted their price objective on shares of Akamai Technologies from $100.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Friday, May 8th. Finally, Piper Sandler reissued a “neutral” rating and issued a $156.00 target price (up from $114.00) on shares of Akamai Technologies in a research note on Friday, May 8th. Twelve analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Akamai Technologies presently has a consensus rating of “Hold” and a consensus target price of $145.29.

Akamai Technologies Stock Down 3.0%

Shares of AKAM stock traded down $3.72 during trading hours on Thursday, reaching $118.55. The company had a trading volume of 5,461,138 shares, compared to its average volume of 3,313,002. The company has a market capitalization of $17.23 billion, a P/E ratio of 39.92, a price-to-earnings-growth ratio of 5.19 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06. Akamai Technologies has a twelve month low of $69.78 and a twelve month high of $165.45. The stock’s fifty day simple moving average is $125.55 and its 200 day simple moving average is $115.83.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.57 by $0.02. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.Akamai Technologies’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.73 EPS. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. As a group, sell-side analysts expect that Akamai Technologies will post 3.91 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Kim Salem-Jackson sold 2,300 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total transaction of $311,811.00. Following the transaction, the executive vice president directly owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. The trade was a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total transaction of $31,446.63. Following the sale, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at approximately $4,012,486.46. The trade was a 0.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.30% of the company’s stock.

Key Akamai Technologies News

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

• Positive Sentiment: Q2 earnings and revenue beat estimates: Akamai reported adjusted earnings of $1.59 per share versus the $1.57–$1.58 consensus range, while revenue rose 5.4% year over year to approximately $1.10 billion, ahead of the roughly $1.09 billion forecast. Demand for cloud infrastructure and security services supported the results. Akamai beats quarterly estimates on cloud infrastructure demand
• Positive Sentiment: Guidance exceeded EPS expectations: Akamai projected third-quarter 2026 EPS of $1.60–$1.80, above the $1.56 consensus estimate, and raised or maintained full-year EPS guidance at $6.40–$7.05 versus the $6.15 consensus. Revenue guidance was broadly in line with expectations at $4.4–$4.5 billion for the year. Akamai Technologies beats Q2 earnings and revenue estimates
• Positive Sentiment: Security product momentum: New research on “shadow AI” risks and the expansion of Akamai Workforce Protector reinforce the company’s positioning in enterprise cybersecurity as businesses adopt artificial intelligence. Akamai Research on shadow AI
• Neutral Sentiment: Mixed underlying comparisons: Although revenue grew, quarterly EPS declined from $1.73 a year earlier, highlighting pressure on profitability despite the earnings beat. Akamai Q2 key metrics
• Negative Sentiment: AI investment and balance-sheet concerns remain: Akamai’s large AI infrastructure commitment requires elevated capital expenditures and additional borrowing, potentially weighing on free cash flow, leverage and returns before the investment generates meaningful benefits.
• Negative Sentiment: Insider selling may weigh on sentiment: Reported insider activity showed 21 sales and no purchases over the past six months, including transactions by several senior executives.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. CYBER HORNET ETFs LLC acquired a new stake in Akamai Technologies during the 2nd quarter valued at approximately $32,000. Align Financial LLC acquired a new position in shares of Akamai Technologies in the 4th quarter valued at approximately $34,000. MUFG Securities EMEA plc purchased a new position in shares of Akamai Technologies during the 2nd quarter valued at approximately $35,000. Sfam LLC purchased a new position in shares of Akamai Technologies during the 4th quarter valued at approximately $38,000. Finally, BOKF NA boosted its stake in shares of Akamai Technologies by 438.0% during the 3rd quarter. BOKF NA now owns 538 shares of the technology infrastructure company’s stock valued at $41,000 after buying an additional 438 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

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.