Akamai Technologies (NASDAQ:AKAM) Receives “Neutral” Rating from Robert W. Baird

Robert W. Baird reissued their neutral rating on shares of Akamai Technologies (NASDAQ:AKAM) in a report released on Thursday, MarketBeat.com reports. The brokerage currently has a $110.00 price target on the technology infrastructure company’s stock.

Several other equities research analysts have also weighed in on the stock. UBS Group increased their price objective on shares of Akamai Technologies from $90.00 to $110.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. KeyCorp raised their target price on Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Morgan Stanley upped their price target on shares of Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Evercore upped their target price on shares of Akamai Technologies from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Finally, Piper Sandler raised their target price on Akamai Technologies from $89.00 to $97.00 and gave the company a “neutral” rating in a research report on Monday, February 23rd. Nine equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $109.89.

Akamai Technologies Stock Up 1.9%

Shares of NASDAQ:AKAM opened at $118.00 on Thursday. The firm has a market cap of $17.11 billion, a PE ratio of 38.31, a price-to-earnings-growth ratio of 3.90 and a beta of 0.59. The company has a fifty day simple moving average of $104.02 and a 200 day simple moving average of $90.25. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 0.82. Akamai Technologies has a 12-month low of $67.51 and a 12-month high of $121.12.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings results 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. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter last year, the company posted $1.66 earnings per share. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. 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. On average, equities research analysts anticipate that Akamai Technologies will post 4.6 EPS for the current fiscal year.

Insider Activity at Akamai Technologies

In other news, EVP Mani Sundaram sold 8,642 shares of Akamai Technologies stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $101.25, for a total value of $875,002.50. Following the transaction, the executive vice president owned 19,923 shares of the company’s stock, valued at $2,017,203.75. The trade was a 30.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Anthony P. Williams sold 15,000 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total value of $1,564,350.00. Following the completion of the transaction, the executive vice president directly owned 22,064 shares in the company, valued at $2,301,054.56. This represents a 40.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 65,954 shares of company stock worth $6,679,721. Company insiders own 2.00% of the company’s stock.

Institutional Trading of Akamai Technologies

Hedge funds have recently modified their holdings of the business. Rexford Capital Inc. increased its holdings in shares of Akamai Technologies by 1.9% in the 4th quarter. Rexford Capital Inc. now owns 5,106 shares of the technology infrastructure company’s stock valued at $445,000 after purchasing an additional 93 shares during the period. Assetmark Inc. boosted its stake in shares of Akamai Technologies by 31.8% during the 4th quarter. Assetmark Inc. now owns 444 shares of the technology infrastructure company’s stock valued at $39,000 after buying an additional 107 shares during the period. Root Financial Partners LLC grew its holdings in shares of Akamai Technologies by 45.8% during the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after acquiring an additional 110 shares in the last quarter. Perigon Wealth Management LLC grew its holdings in shares of Akamai Technologies by 2.1% during the 4th quarter. Perigon Wealth Management LLC now owns 5,502 shares of the technology infrastructure company’s stock valued at $480,000 after acquiring an additional 115 shares in the last quarter. Finally, Allworth Financial LP raised its holdings in shares of Akamai Technologies by 6.3% during the fourth quarter. Allworth Financial LP now owns 2,196 shares of the technology infrastructure company’s stock worth $192,000 after acquiring an additional 131 shares in the last quarter. Hedge funds and other institutional investors 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.