Susquehanna Cuts Akamai Technologies (NASDAQ:AKAM) Price Target to $140.00

Akamai Technologies (NASDAQ:AKAM) had its price target reduced by Susquehanna from $175.00 to $140.00 in a report published on Monday morning,Benzinga reports. They currently have a positive rating on the technology infrastructure company’s stock.

Other analysts have also issued reports about the stock. Craig Hallum upgraded shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a research report on Friday, May 8th. Guggenheim upped their price objective on shares of Akamai Technologies from $181.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, August 7th. UBS Group increased their target price on shares of Akamai Technologies from $125.00 to $143.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Evercore began coverage on Akamai Technologies in a research report on Tuesday, April 14th. They set an “outperform” rating and a $130.00 target price on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Akamai Technologies in a research note on Wednesday, June 24th. Twelve investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $141.38.

Akamai Technologies Stock Up 5.2%

AKAM opened at $122.78 on Monday. Akamai Technologies has a 1-year low of $70.82 and a 1-year high of $165.45. The company has a current ratio of 1.64, a quick ratio of 2.06 and a debt-to-equity ratio of 1.23. The stock has a market capitalization of $17.65 billion, a price-to-earnings ratio of 44.17, a P/E/G ratio of 5.03 and a beta of 0.63. The business has a 50 day moving average of $122.42 and a 200-day moving average of $116.49.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.02. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. Akamai Technologies’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the company posted $1.73 earnings per share. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. As a group, sell-side analysts anticipate that Akamai Technologies will post 3.91 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Kim Salem-Jackson sold 2,300 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total value of $311,811.00. Following the completion of the transaction, the executive vice president owned 59,210 shares in the company, valued at approximately $8,027,099.70. This represents a 3.74% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $129.41, for a total transaction of $31,446.63. Following the transaction, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at $4,012,486.46. The trade was a 0.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AKAM. First Trust Advisors LP grew its stake in shares of Akamai Technologies by 16.5% in the 4th quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock valued at $589,112,000 after purchasing an additional 957,345 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Akamai Technologies by 11.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock worth $397,881,000 after buying an additional 349,451 shares during the period. Invesco Ltd. boosted its stake in Akamai Technologies by 5.8% in the 3rd quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock valued at $245,394,000 after buying an additional 177,756 shares in the last quarter. Norges Bank acquired a new stake in Akamai Technologies in the 4th quarter valued at $192,959,000. Finally, Alyeska Investment Group L.P. grew its position in Akamai Technologies by 34.5% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,197,218 shares of the technology infrastructure company’s stock valued at $191,707,000 after acquiring an additional 563,178 shares during the period. Institutional investors and hedge funds 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.