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

Akamai Technologies (NASDAQ:AKAM) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 6.400-7.150 for the period, compared to the consensus earnings per share estimate of 6.320. The company issued revenue guidance of $4.4 billion-$4.6 billion, compared to the consensus revenue estimate of $4.5 billion. Akamai Technologies also updated its Q2 2026 guidance to 1.450-1.650 EPS.

Akamai Technologies Price Performance

Shares of NASDAQ AKAM traded down $5.30 during midday trading on Thursday, hitting $116.69. The company had a trading volume of 9,324,389 shares, compared to its average volume of 4,616,902. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.82. Akamai Technologies has a twelve month low of $69.78 and a twelve month high of $122.24. The business has a 50-day simple moving average of $105.10 and a two-hundred day simple moving average of $94.54. The firm has a market capitalization of $16.92 billion, a price-to-earnings ratio of 37.89, a price-to-earnings-growth ratio of 4.05 and a beta of 0.45.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, meeting the consensus estimate of $1.61. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. Equities research analysts anticipate that Akamai Technologies will post 4.17 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently commented on AKAM shares. Piper Sandler raised their price objective on shares of Akamai Technologies from $97.00 to $114.00 and gave the company a “neutral” rating in a research note on Tuesday, April 7th. UBS Group lifted their target price on shares of Akamai Technologies from $90.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Morgan Stanley lifted their target price 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. Royal Bank Of Canada lifted their target price on shares of Akamai Technologies from $90.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Friday, February 20th. Finally, TD Cowen cut their target price on shares of Akamai Technologies from $104.00 to $100.00 and set a “hold” rating for the company in a research report on Friday, February 20th. Nine investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $112.37.

Insiders Place Their Bets

In other news, CAO Laura Howell sold 11,273 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $100.14, for a total value of $1,128,878.22. Following the completion of the transaction, the chief accounting officer owned 12,559 shares of the company’s stock, valued at $1,257,658.26. The trade was a 47.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jon Miller sold 11,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $102.67, for a total transaction of $1,129,370.00. Following the completion of the sale, the director owned 22,806 shares of the company’s stock, valued at approximately $2,341,492.02. The trade was a 32.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 57,454 shares of company stock valued at $5,889,371. 2.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Akamai Technologies

A number of institutional investors have recently bought and sold shares of AKAM. Brighton Jones LLC boosted its stake in shares of Akamai Technologies by 101.4% in the fourth quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company’s stock valued at $384,000 after purchasing an additional 2,022 shares during the period. Capital Analysts LLC boosted its stake in shares of Akamai Technologies by 58.1% in the fourth quarter. Capital Analysts LLC now owns 1,464 shares of the technology infrastructure company’s stock valued at $128,000 after purchasing an additional 538 shares during the period. Garton & Associates Financial Advisors LLC purchased a new position in shares of Akamai Technologies in the fourth quarter valued at $99,000. Jones Financial Companies Lllp boosted its stake in shares of Akamai Technologies by 35.2% in the first quarter. Jones Financial Companies Lllp now owns 1,087 shares of the technology infrastructure company’s stock valued at $88,000 after purchasing an additional 283 shares during the period. Finally, CIBC Private Wealth Group LLC boosted its stake in shares of Akamai Technologies by 91.1% in the third quarter. CIBC Private Wealth Group LLC now owns 1,049 shares of the technology infrastructure company’s stock valued at $79,000 after purchasing an additional 500 shares during the period. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

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.