Zacks Research Has Positive Outlook for AKAM FY2027 Earnings

Akamai Technologies, Inc. (NASDAQ:AKAM) – Research analysts at Zacks Research lifted their FY2027 EPS estimates for Akamai Technologies in a research report issued to clients and investors on Thursday, January 8th. Zacks Research analyst Team now forecasts that the technology infrastructure company will post earnings per share of $4.63 for the year, up from their previous estimate of $4.62. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.60 per share.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings results on Thursday, November 6th. The technology infrastructure company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $0.22. Akamai Technologies had a net margin of 12.26% and a return on equity of 14.16%. The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the previous year, the business earned $1.59 EPS. The firm’s revenue was up 5.0% on a year-over-year basis. Akamai Technologies has set its FY 2025 guidance at 6.930-7.130 EPS and its Q4 2025 guidance at 1.650-1.850 EPS.

Several other equities analysts have also recently weighed in on the company. Scotiabank lifted their price objective on Akamai Technologies from $94.00 to $105.00 and gave the company a “sector outperform” rating in a report on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Akamai Technologies in a research note on Monday, December 29th. Oppenheimer initiated coverage on shares of Akamai Technologies in a report on Monday, November 17th. They issued an “outperform” rating and a $100.00 price target for the company. Morgan Stanley dropped their price objective on shares of Akamai Technologies from $85.00 to $83.00 and set an “underweight” rating on the stock in a report on Friday, November 7th. Finally, Bank of America cut their price objective on shares of Akamai Technologies from $100.00 to $80.00 and set a “neutral” rating on the stock in a research report on Monday, October 20th. Six research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $93.50.

Akamai Technologies Stock Performance

AKAM stock opened at $88.12 on Friday. Akamai Technologies has a 1-year low of $67.51 and a 1-year high of $103.75. The business’s 50-day moving average price is $86.49 and its two-hundred day moving average price is $80.15. The firm has a market cap of $12.68 billion, a PE ratio of 25.84, a P/E/G ratio of 3.09 and a beta of 0.68. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.87.

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, EVP Mani Sundaram sold 10,438 shares of Akamai Technologies stock in a transaction on Monday, December 1st. The shares were sold at an average price of $89.25, for a total value of $931,591.50. Following the sale, the executive vice president directly owned 13,550 shares in the company, valued at approximately $1,209,337.50. The trade was a 43.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Robert Blumofe sold 3,500 shares of the stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $86.00, for a total transaction of $301,000.00. Following the transaction, the chief technology officer owned 24,410 shares of the company’s stock, valued at approximately $2,099,260. This represents a 12.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 23,818 shares of company stock worth $2,099,904 in the last three months. 2.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of AKAM. Whittier Trust Co. of Nevada Inc. boosted 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 buying an additional 251 shares during the last quarter. TD Waterhouse Canada Inc. raised its position in Akamai Technologies by 130.0% during 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. Smartleaf Asset Management LLC lifted its stake 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 valued at $26,000 after acquiring an additional 289 shares during the last quarter. Wolff Wiese Magana LLC grew its position in shares of Akamai Technologies by 497.0% in the 3rd quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock valued at $30,000 after acquiring an additional 333 shares during the period. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Akamai Technologies during the 3rd quarter worth about $30,000. 94.28% of the stock is currently owned by 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.