Akamai Technologies, Inc. (NASDAQ:AKAM) Given Consensus Rating of “Hold” by Brokerages

Shares of Akamai Technologies, Inc. (NASDAQ:AKAM) have been given a consensus rating of “Hold” by the twenty-two ratings firms that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and twelve have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $142.9048.

Several brokerages have commented on AKAM. Craig Hallum raised shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 target price for the company in a research note on Friday, May 8th. TD Cowen lowered 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 note on Friday, February 20th. Wall Street Zen downgraded shares of Akamai Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. The Goldman Sachs Group upped their price target on shares of Akamai Technologies from $76.00 to $87.00 and gave the company a “sell” rating in a report on Friday, May 8th. Finally, Susquehanna upped their price target on shares of Akamai Technologies from $120.00 to $175.00 and gave the company a “positive” rating in a report on Monday.

Insider Buying and Selling

In other news, EVP Mani Sundaram sold 8,642 shares of the company’s 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 completion of the transaction, the executive vice president owned 19,923 shares in the company, valued at $2,017,203.75. This represents a 30.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Anthony P. Williams sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following the completion of the transaction, the executive vice president owned 22,064 shares of the company’s stock, valued at $2,301,054.56. This trade represents a 40.47% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 53,954 shares of company stock valued at $5,511,371. 2.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AKAM. Norges Bank acquired a new position in shares of Akamai Technologies in the fourth quarter valued at approximately $192,959,000. AQR Capital Management LLC boosted its holdings in Akamai Technologies by 522.8% during the third quarter. AQR Capital Management LLC now owns 2,020,346 shares of the technology infrastructure company’s stock worth $153,061,000 after purchasing an additional 1,695,937 shares during the last quarter. Alyeska Investment Group L.P. boosted its holdings in Akamai Technologies by 570.0% during the third quarter. Alyeska Investment Group L.P. now owns 1,634,040 shares of the technology infrastructure company’s stock worth $123,795,000 after purchasing an additional 1,390,167 shares during the last quarter. Rubric Capital Management LP acquired a new position in Akamai Technologies during the fourth quarter worth $104,700,000. Finally, Nordea Investment Management AB boosted its holdings in Akamai Technologies by 39.9% during the third quarter. Nordea Investment Management AB now owns 3,437,472 shares of the technology infrastructure company’s stock worth $258,739,000 after purchasing an additional 980,966 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Akamai Technologies Stock Down 3.4%

Shares of NASDAQ:AKAM opened at $155.67 on Friday. Akamai Technologies has a 52 week low of $69.78 and a 52 week high of $165.45. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.36 and a current ratio of 2.06. The company has a market capitalization of $22.63 billion, a PE ratio of 52.41, a PEG ratio of 5.21 and a beta of 0.45. The company has a 50 day moving average price of $110.81 and a two-hundred day moving average price of $97.61.

Akamai Technologies (NASDAQ:AKAM) last issued its earnings results 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 10.20% and a return on equity of 12.96%. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the firm earned $1.70 earnings per share. The business’s quarterly revenue was up 5.8% on a year-over-year basis. 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. Analysts forecast that Akamai Technologies will post 4.43 earnings per share for the current year.

Akamai Technologies News Summary

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

• Positive Sentiment: Bank of America upgraded Akamai to Buy and raised its price target to $175, citing confidence in Akamai’s shift toward AI infrastructure rather than a traditional CDN business. Akamai Technologies upgraded by Bank of America on AI infrastructure shift
• Positive Sentiment: Morgan Stanley also lifted its price target to $165 and kept an Overweight rating, reinforcing bullish sentiment from Wall Street. Morgan Stanley raises price target on Akamai Technologies
• Positive Sentiment: Akamai announced a definitive agreement to acquire LayerX, a browser-based AI usage control and secure enterprise browser company, expanding its workforce security strategy and AI-related capabilities. Akamai Technologies Announces Intent to Acquire LayerX
• Neutral Sentiment: The company is also increasing investment in AI and cloud infrastructure in Asia and deepening its Nvidia partnership, which supports the long-term growth story but may require higher spending near term. Cloud Company Akamai Hits Asia Revenue Milestone as It Ramps Up Investment, M&A
• Negative Sentiment: Shares are seeing some profit-taking after a sharp recent run-up, and the LayerX deal may raise questions about integration risk, purchase price, and near-term margin impact. Akamai shares slide as investors digest LayerX acquisition news and recent run-up

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.