Zacks Research Issues Positive Forecast for AKAM Earnings

Akamai Technologies, Inc. (NASDAQ:AKAM) – Equities research analysts at Zacks Research boosted their Q4 2027 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 of $1.06 per share for the quarter, up from their prior estimate of $1.05. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.60 per share.

Several other brokerages have also recently issued reports on AKAM. Morgan Stanley cut their price target on Akamai Technologies from $85.00 to $83.00 and set an “underweight” rating for the company in a research note on Friday, November 7th. Scotiabank upped their target price on Akamai Technologies from $94.00 to $105.00 and gave the company a “sector outperform” rating in a research report on Friday. Oppenheimer assumed coverage on Akamai Technologies in a report on Monday, November 17th. They set an “outperform” rating and a $100.00 target price on the stock. Jefferies Financial Group downgraded Akamai Technologies to an “underperform” rating in a research note on Monday, December 15th. Finally, Raymond James Financial upped their price objective on shares of Akamai Technologies from $84.00 to $90.00 and gave the stock an “outperform” rating in a research report on Monday, November 10th. Six investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Akamai Technologies currently has a consensus rating of “Hold” and a consensus price target of $93.50.

Akamai Technologies Stock Performance

Shares of NASDAQ:AKAM opened at $88.12 on Monday. Akamai Technologies has a 12-month low of $67.51 and a 12-month high of $103.75. The company’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 PEG ratio of 3.17 and a beta of 0.68. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.87.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings results on Thursday, November 6th. The technology infrastructure company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.22. Akamai Technologies had a net margin of 12.26% and a return on equity of 14.16%. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same period last year, the firm earned $1.59 earnings per share. Akamai Technologies’s revenue for the quarter was up 5.0% compared to the same quarter last year. 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.

Institutional Investors Weigh In On Akamai Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Alberta Investment Management Corp bought a new stake in shares of Akamai Technologies in the 2nd quarter valued at $822,000. Norges Bank bought a new position in Akamai Technologies during the second quarter worth $266,817,000. Intech Investment Management LLC grew its holdings in Akamai Technologies by 82.6% in the second quarter. Intech Investment Management LLC now owns 64,731 shares of the technology infrastructure company’s stock worth $5,163,000 after purchasing an additional 29,281 shares during the period. Savant Capital LLC bought a new stake in Akamai Technologies in the second quarter valued at $309,000. Finally, Vontobel Holding Ltd. increased its stake in Akamai Technologies by 5.9% in the third quarter. Vontobel Holding Ltd. now owns 1,557,394 shares of the technology infrastructure company’s stock valued at $117,988,000 after purchasing an additional 86,113 shares in the last quarter. 94.28% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Akamai Technologies news, EVP Mani Sundaram sold 10,438 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $89.25, for a total transaction of $931,591.50. Following the completion of the transaction, the executive vice president owned 13,550 shares of the company’s stock, valued at approximately $1,209,337.50. The trade was a 43.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Edward J. Mcgowan sold 6,560 shares of the stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $88.03, for a total transaction of $577,476.80. Following the completion of the transaction, the chief financial officer directly owned 16,442 shares of the company’s stock, valued at $1,447,389.26. This trade represents a 28.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 23,818 shares of company stock worth $2,099,904 over the last 90 days. Corporate insiders own 2.00% 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.