Akamai Technologies (NASDAQ:AKAM) Upgraded by Morgan Stanley to Overweight Rating

Morgan Stanley upgraded shares of Akamai Technologies (NASDAQ:AKAM) from an underweight rating to an overweight rating in a report issued on Monday morning, Marketbeat.com reports. The brokerage currently has $115.00 target price on the technology infrastructure company’s stock, up from their prior target price of $83.00.

Other equities research analysts also recently issued research reports about the stock. Scotiabank lifted their target price on shares of Akamai Technologies from $94.00 to $105.00 and gave the stock a “sector outperform” rating in a research report on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Akamai Technologies in a report on Monday, December 29th. The Goldman Sachs Group upped their price objective on Akamai Technologies from $67.00 to $69.00 and gave the company a “sell” rating in a research report on Friday, November 7th. TD Cowen raised their target price on Akamai Technologies from $98.00 to $104.00 and gave the stock a “hold” rating in a research report on Thursday, November 13th. Finally, President Capital boosted their price target on Akamai Technologies from $104.00 to $116.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Seven investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $95.28.

Akamai Technologies Price Performance

Shares of NASDAQ:AKAM opened at $91.27 on Monday. Akamai Technologies has a fifty-two week low of $67.51 and a fifty-two week high of $103.75. The business has a 50-day simple moving average of $86.82 and a two-hundred day simple moving average of $80.24. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.28 and a current ratio of 2.28. The firm has a market cap of $13.13 billion, a price-to-earnings ratio of 26.77, a price-to-earnings-growth ratio of 3.17 and a beta of 0.68.

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 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 firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter last year, the firm posted $1.59 EPS. The business’s quarterly revenue 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. On average, analysts expect that Akamai Technologies will post 4.6 earnings per share for the current year.

Insider Buying and Selling

In related news, CTO Robert Blumofe sold 3,500 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $86.00, for a total value of $301,000.00. Following the completion of the sale, the chief technology officer directly owned 24,410 shares of the company’s stock, valued at approximately $2,099,260. This represents a 12.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Adam Karon sold 3,320 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $87.30, for a total transaction of $289,836.00. Following the sale, the chief operating officer owned 7,785 shares in the company, valued at approximately $679,630.50. The trade was a 29.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 23,818 shares of company stock worth $2,099,904 over the last ninety days. 2.00% of the stock is owned by corporate insiders.

Institutional Trading of Akamai Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Brighton Jones LLC lifted its stake in shares of Akamai Technologies by 101.4% during the 4th quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company’s stock valued at $384,000 after buying an additional 2,022 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Akamai Technologies by 35.2% during the first quarter. Jones Financial Companies Lllp now owns 1,087 shares of the technology infrastructure company’s stock valued at $88,000 after acquiring an additional 283 shares during the period. United Services Automobile Association purchased a new position in shares of Akamai Technologies in the first quarter valued at about $266,000. Empowered Funds LLC lifted its position in shares of Akamai Technologies by 73.0% in the first quarter. Empowered Funds LLC now owns 7,134 shares of the technology infrastructure company’s stock valued at $574,000 after acquiring an additional 3,010 shares in the last quarter. Finally, Inspire Investing LLC bought a new position in shares of Akamai Technologies in the first quarter worth about $313,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

Akamai Technologies News Summary

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

• Positive Sentiment: Morgan Stanley completed a rare double-upgrade on AKAM, moving the stock from “underweight” to “overweight” and lifting its price target to $115 (from $83), creating a fresh catalyst for institutional buying and a sizable implied upside. Cybersecurity Stock Pops on Rare Double Upgrade
• Positive Sentiment: An analyst raised the Q4 EPS estimate for Akamai, which supports near-term earnings momentum and reinforces the buy-side narrative around improving profitability. Q4 EPS Estimate for Akamai Technologies Boosted by Analyst
• Neutral Sentiment: Coverage pieces and roundups summarizing where Akamai stands with analysts have circulated, increasing visibility and retail/institutional attention but not introducing new fundamental data. Where Akamai Technologies Stands…
• Neutral Sentiment: Mainstream outlets reported the sharp intraday move (“shares skyrocket”), which reflects the market reaction to analyst upgrades and coverage rather than new operational announcements. That media attention can amplify flows but is secondary to the upgrade/estimate changes. Akamai Technologies (AKAM) Shares Skyrocket, What You Need To Know
• Neutral Sentiment: Reported short-interest data for January appears anomalous (showing zero shares / NaN change), so it provides no actionable signal; treat the short-interest print as unreliable until corrected. (Data entry reported 0 shares and 0.0 days-to-cover.)
• Neutral Sentiment: Zacks Research published a FY2027 earnings forecast for AKAM; investors should watch for whether Zacks or other sell-side revisions materially lift consensus beyond current guidance. What is Zacks Research’s Forecast for AKAM FY2027 Earnings?

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.