Akamai Technologies (NASDAQ:AKAM) Stock Price Target Cut by DA Davidson

Akamai Technologies (NASDAQ:AKAM) had its price objective lowered by investment analysts at DA Davidson from $150.00 to $125.00 in a research note issued on Friday, Benzinga reports. The firm currently has a “buy” rating on the technology infrastructure company’s stock. DA Davidson‘s price objective points to a potential upside of 50.77% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. Zacks Research raised shares of Akamai Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. JPMorgan Chase & Co. raised their price objective on shares of Akamai Technologies from $158.00 to $167.00 and gave the stock a “neutral” rating in a research report on Friday, September 25th. Scotiabank reduced their price objective on Akamai Technologies from $180.00 to $120.00 and set a “sector outperform” rating for the company in a report on Friday. President Capital upped their target price on Akamai Technologies from $150.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, September 30th. Finally, FBN Securities reiterated an “outperform” rating and set a $120.00 target price on shares of Akamai Technologies in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Akamai Technologies presently has an average rating of “Moderate Buy” and an average target price of $138.64.

Akamai Technologies Stock Performance

AKAM stock traded up $5.07 during midday trading on Friday, reaching $82.91. 7,733,222 shares of the company were exchanged, compared to its average volume of 4,725,435. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 1.64. The business has a 50-day moving average price of $102.11 and a two-hundred day moving average price of $112.27. Akamai Technologies has a one year low of $76.75 and a one year high of $165.45. The firm has a market capitalization of $11.92 billion, a price-to-earnings ratio of 29.86, a price-to-earnings-growth ratio of 4.05 and a beta of 0.65.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings data on Thursday, November 5th. The technology infrastructure company reported $1.77 EPS for the quarter, beating the consensus estimate of $1.67 by $0.10. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.86 earnings per share. Akamai Technologies has set its FY 2026 guidance at 6.470-6.680 EPS and its Q4 2026 guidance at 1.500-1.700 EPS. Equities research analysts forecast that Akamai Technologies will post 3.58 EPS for the current year.

Insider Activity at Akamai Technologies

In related news, EVP Paul Joseph sold 3,100 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $105.63, for a total transaction of $327,453.00. Following the transaction, the executive vice president directly owned 28,472 shares of the company’s stock, valued at approximately $3,007,497.36. This trade represents a 9.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,013 shares of the firm’s stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $128.00, for a total transaction of $257,664.00. Following the transaction, the executive vice president directly owned 57,197 shares in the company, valued at approximately $7,321,216. This represents a 3.40% 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. Over the last three months, insiders have sold 12,135 shares of company stock worth $1,467,221. Corporate insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On Akamai Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the business. Allworth Financial LP lifted its stake in shares of Akamai Technologies by 1.5% in the 3rd quarter. Allworth Financial LP now owns 11,079 shares of the technology infrastructure company’s stock valued at $1,109,000 after acquiring an additional 159 shares during the last quarter. Eurizon Capital SGR S.p.A. boosted its holdings in shares of Akamai Technologies by 9,801.8% during the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 162,687 shares of the technology infrastructure company’s stock valued at $16,770,000 after acquiring an additional 161,044 shares in the last quarter. Gagnon Securities LLC boosted its holdings in shares of Akamai Technologies by 41.6% during the 3rd quarter. Gagnon Securities LLC now owns 4,480 shares of the technology infrastructure company’s stock valued at $476,000 after acquiring an additional 1,317 shares in the last quarter. New Mexico Educational Retirement Board grew its position in Akamai Technologies by 119.7% during the 3rd quarter. New Mexico Educational Retirement Board now owns 15,705 shares of the technology infrastructure company’s stock worth $1,670,000 after acquiring an additional 8,557 shares during the last quarter. Finally, Maryland State Retirement & Pension System grew its position in Akamai Technologies by 167.6% during the 3rd quarter. Maryland State Retirement & Pension System now owns 19,910 shares of the technology infrastructure company’s stock worth $2,117,000 after acquiring an additional 12,471 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Akamai Technologies

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

• Positive Sentiment: Akamai beat third-quarter EPS estimates with $1.77 per share versus $1.67 expected; revenue rose 6.4% year over year to $1.12 billion, roughly in line with estimates. The company cited demand for cybersecurity and cloud services. Akamai Q3 Earnings Beat Estimates on Security and Cloud Growth
• Positive Sentiment: The company highlighted an $11.6 billion Anthropic AI cloud deal and expects 2027 cloud infrastructure services revenue of $1.1 billion to $1.3 billion. Its 2026 EPS outlook of $6.47–$6.68 also exceeds the analyst consensus cited in the reports. AKAM Q3 Earnings Call Highlights AI Cloud Deals and 2027 Outlook
• Neutral Sentiment: KeyCorp and Susquehanna lowered their price targets, to $175 and $90, respectively, while maintaining “overweight” and “positive” ratings. The target cuts temper the otherwise constructive analyst stance. Susquehanna price target update
• Negative Sentiment: Near-term guidance appears to be the main pressure: Akamai’s fourth-quarter revenue outlook of $1.1–$1.2 billion is below the $1.2 billion consensus at the midpoint, and its EPS range has a $1.60 midpoint versus $1.63 expected. Deployment delays shift about $30 million of Anthropic-related revenue into 2027, while rising infrastructure costs are weighing on margins. Akamai anticipates CIS revenue of $1.1B-$1.3B in 2027 as Anthropic deal timing shifts $30M into 2027

Akamai Technologies Company Profile

Akamai Technologies, Inc provides cloud, cybersecurity and content-delivery services that help organizations operate and protect applications, websites and digital media over the internet. Its distributed edge platform is designed to deliver online content closer to end users while improving performance, availability and resilience.

The company’s services include content delivery and application performance solutions, cloud computing capabilities, web and application security, distributed denial-of-service protection, bot management and zero-trust security tools.