Akamai Technologies (NASDAQ:AKAM) Given New $97.00 Price Target at Piper Sandler

Akamai Technologies (NASDAQ:AKAM) had its target price raised by research analysts at Piper Sandler from $89.00 to $97.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has a “neutral” rating on the technology infrastructure company’s stock. Piper Sandler’s target price would indicate a potential upside of 3.01% from the company’s current price.

Other research analysts have also recently issued reports about the company. The Goldman Sachs Group lifted their price objective on Akamai Technologies from $69.00 to $76.00 and gave the company a “sell” rating in a research report on Friday. DA Davidson lifted their price target on shares of Akamai Technologies from $115.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Morgan Stanley increased their price objective on shares of Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Friday. Wall Street Zen downgraded shares of Akamai Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Raymond James Financial upped their target price on shares of Akamai Technologies from $84.00 to $90.00 and gave the stock an “outperform” rating in a report on Monday, November 10th. Ten research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $108.32.

Akamai Technologies Stock Down 14.1%

AKAM opened at $94.17 on Monday. The firm’s 50 day simple moving average is $93.66 and its two-hundred day simple moving average is $84.18. The company has a market capitalization of $13.55 billion, a PE ratio of 30.57, a PEG ratio of 2.90 and a beta of 0.70. Akamai Technologies has a 1-year low of $67.51 and a 1-year high of $113.50. The company has a current ratio of 2.36, a quick ratio of 2.28 and a debt-to-equity ratio of 0.82.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.75 by $0.09. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.Akamai Technologies’s revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.66 EPS. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. As a group, equities analysts forecast that Akamai Technologies will post 4.6 EPS for the current year.

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, EVP Paul C. Joseph sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $90.17, for a total transaction of $450,850.00. Following the completion of the transaction, the executive vice president owned 17,513 shares in the company, valued at $1,579,147.21. This trade represents a 22.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, COO Adam Karon sold 3,320 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $87.30, for a total value of $289,836.00. Following the sale, the chief operating officer directly owned 7,785 shares in the company, valued at $679,630.50. This trade represents a 29.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 32,318 shares of company stock worth $2,967,254. Insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Akamai Technologies

Large investors have recently bought and sold shares of the business. JFS Wealth Advisors LLC grew its stake in shares of Akamai Technologies by 626.2% in the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after buying an additional 263 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Akamai Technologies by 295.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 251 shares during the last quarter. Smartleaf Asset Management LLC grew 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 in the last quarter. TD Waterhouse Canada Inc. grew its position in Akamai Technologies by 130.0% in the third 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 in the last quarter. Finally, Sarver Vrooman Wealth Advisors bought a new stake in Akamai Technologies during the fourth quarter worth approximately $31,000. Institutional investors 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.