Akamai Technologies (NASDAQ:AKAM) Upgraded at Piper Sandler

Piper Sandler upgraded shares of Akamai Technologies (NASDAQ:AKAM) from a neutral rating to an overweight rating in a report published on Tuesday morning, Marketbeat reports. The firm currently has $125.00 price objective on the technology infrastructure company’s stock, down from their prior price objective of $140.00.

Other equities analysts also recently issued reports about the stock. HSBC downgraded shares of Akamai Technologies from a “buy” rating to a “hold” rating and reduced their target price for the stock from $171.00 to $123.00 in a research note on Monday, August 10th. Morgan Stanley raised their price target on shares of Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. 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. Craig Hallum upgraded Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a report on Friday, May 8th. Finally, The Goldman Sachs Group upped their price objective on Akamai Technologies from $76.00 to $87.00 and gave the company a “sell” rating in a report on Friday, May 8th. Thirteen analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $143.43.

Akamai Technologies Stock Performance

NASDAQ AKAM opened at $106.50 on Tuesday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64. The stock’s fifty day moving average is $116.13 and its two-hundred day moving average is $118.07. The firm has a market capitalization of $15.31 billion, a P/E ratio of 38.31, a price-to-earnings-growth ratio of 4.83 and a beta of 0.63. Akamai Technologies has a fifty-two week low of $70.82 and a fifty-two week high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last posted 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. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the firm earned $1.73 EPS. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. 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. On average, research analysts anticipate that Akamai Technologies will post 3.67 earnings per share for the current year.

Insider Transactions at Akamai Technologies

In other Akamai Technologies news, CTO Robert Blumofe sold 243 shares of Akamai Technologies stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $129.41, for a total transaction of $31,446.63. Following the completion of the sale, the chief technology officer directly owned 31,006 shares in the company, valued at $4,012,486.46. This trade represents a 0.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 59,210 shares in the company, valued at $8,027,099.70. This trade represents a 3.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.30% of the company’s stock.

Institutional Trading of Akamai Technologies

Several institutional investors have recently added to or reduced their stakes in AKAM. Sarver Vrooman Wealth Advisors purchased a new position in shares of Akamai Technologies during the fourth quarter worth $31,000. Root Financial Partners LLC grew its stake in shares of Akamai Technologies by 45.8% in the fourth quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after buying an additional 110 shares in the last quarter. Silvant Capital Management LLC purchased a new stake in shares of Akamai Technologies in the 2nd quarter valued at $32,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Akamai Technologies in the 2nd quarter valued at $32,000. Finally, Align Financial LLC acquired a new position in Akamai Technologies during the 4th quarter worth about $34,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

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.