Akamai Technologies (NASDAQ:AKAM) Trading 5.3% Higher on Analyst Upgrade

Akamai Technologies, Inc. (NASDAQ:AKAM) rose 5.3% on Monday after Raymond James Financial raised their price target on the stock from $90.00 to $100.00. Raymond James Financial currently has an outperform rating on the stock. Akamai Technologies traded as high as $99.70 and last traded at $99.1450. Approximately 2,975,346 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 4,195,728 shares. The stock had previously closed at $94.17.

A number of other research analysts have also issued reports on the company. Citigroup increased their target price on Akamai Technologies from $103.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday. Robert W. Baird increased their price objective on shares of Akamai Technologies from $90.00 to $110.00 and gave the company an “outperform” rating in a report on Friday. The Goldman Sachs Group boosted their target price on shares of Akamai Technologies from $69.00 to $76.00 and gave the stock a “sell” rating in a research note on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Akamai Technologies in a research note on Monday, December 29th. Finally, Royal Bank Of Canada lifted their price objective on Akamai Technologies from $90.00 to $100.00 and gave the stock a “sector perform” rating in a report on Friday. Ten investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $108.84.

Insiders Place Their Bets

In related news, CFO Edward J. Mcgowan sold 6,560 shares of Akamai Technologies stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $88.03, for a total transaction of $577,476.80. Following the transaction, the chief financial officer owned 16,442 shares in the company, valued at approximately $1,447,389.26. This trade represents a 28.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Adam Karon sold 3,320 shares of the company’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $87.30, for a total value of $289,836.00. Following the completion of the sale, the chief operating officer owned 7,785 shares of the company’s stock, valued at approximately $679,630.50. The trade was a 29.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 32,318 shares of company stock worth $2,967,254. 2.00% of the stock is currently owned by insiders.

Trending Headlines about Akamai Technologies

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

• Positive Sentiment: New product push — Akamai announced an agentless Zero‑Trust segmentation solution powered by NVIDIA to protect critical infrastructure, which could expand enterprise security sales and position Akamai in AI‑accelerated network/security deals. Akamai Secures Critical Infrastructure with Agentless Zero Trust Segmentation Powered by NVIDIA
• Positive Sentiment: Strategic emphasis on AI and cloud/internet security (CIS) — the company’s recent earnings and earnings call highlight AI-driven product initiatives and CIS investments that support recurring revenue and justify higher forward multiples. (See earnings coverage.) Akamai Earnings Call: Betting Big on AI and CIS
• Positive Sentiment: Investor research view — Zacks published a positive note framing Akamai as a strong value stock, which may attract value and long‑term investors. Here’s Why Akamai Technologies (AKAM) is a Strong Value Stock
• Positive Sentiment: Bullish analyst action — Raymond James raised its price target to $100 and kept an “outperform” rating, signaling institutional support for upside. Raymond James Adjusts PT on Akamai to $100
• Neutral Sentiment: Mixed analyst notes — Piper Sandler raised its target to $97 but maintained a “neutral” rating, and several outlets posted a variety of target changes (some higher, some lower), creating offsetting signals for traders. Piper Sandler PT to $97
• Neutral Sentiment: Mixed/uncertain analyst detail — multiple price‑target updates were reported overnight (including items consolidated by AmericanBankingNews and a TD Cowen note); the net effect is mixed guidance from the analyst community rather than a uniform upgrade or downgrade. TD Cowen Cuts Akamai Price Target to $100 (coverage) Akamai Price Target Raised to $100
• Negative Sentiment: Some downside signals — a few outlets reported lower or conservative targets (one report cites a $76 target, and TD Cowen’s cut to $100 was framed as a reduction), which could cap near‑term upside if more analysts follow. Akamai Price Target Raised to $76 (coverage)

Institutional Investors Weigh In On Akamai Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of AKAM. Whittier Trust Co. of Nevada Inc. grew its stake 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 period. TD Waterhouse Canada Inc. lifted its holdings in Akamai Technologies by 130.0% in the third quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 195 shares during the last quarter. Smartleaf Asset Management LLC grew its position 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 worth $26,000 after acquiring an additional 289 shares during the period. JFS Wealth Advisors LLC increased its stake in Akamai Technologies by 626.2% during the fourth quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after acquiring an additional 263 shares during the last quarter. Finally, Wolff Wiese Magana LLC raised its position in Akamai Technologies by 497.0% in the third quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock valued at $30,000 after purchasing an additional 333 shares during the period. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Akamai Technologies Trading Up 4.9%

The firm has a market cap of $14.21 billion, a price-to-earnings ratio of 32.06, a price-to-earnings-growth ratio of 2.90 and a beta of 0.70. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.28 and a current ratio of 2.36. The company has a 50 day moving average price of $93.91 and a 200 day moving average price of $84.35.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.75 by $0.09. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period last year, the company earned $1.66 EPS. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. On average, research analysts expect that Akamai Technologies, Inc. will post 4.6 earnings per share for the current year.

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.