Oppenheimer Forecasts Strong Price Appreciation for Akamai Technologies (NASDAQ:AKAM) Stock

Akamai Technologies (NASDAQ:AKAM) had its price target upped by equities researchers at Oppenheimer from $115.00 to $130.00 in a research report issued to clients and investors on Thursday,MarketScreener reports. The brokerage presently has an “outperform” rating on the technology infrastructure company’s stock. Oppenheimer’s price target points to a potential upside of 36.48% from the stock’s previous close.

A number of other research analysts also recently weighed in on the company. KeyCorp upped their price target on Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Raymond James Financial set a $120.00 price target on Akamai Technologies in a research note on Thursday, March 12th. Morgan Stanley upped their price target on Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Scotiabank upped their price target on Akamai Technologies from $105.00 to $120.00 and gave the stock a “sector outperform” rating in a research note on Friday, February 20th. Finally, Craig Hallum upped their price target on Akamai Technologies from $90.00 to $100.00 and gave the stock a “hold” rating in a research note on Friday, February 20th. Nine research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $112.37.

Akamai Technologies Stock Down 1.0%

AKAM stock opened at $95.25 on Thursday. The stock’s 50 day simple moving average is $105.06 and its 200 day simple moving average is $92.97. Akamai Technologies has a fifty-two week low of $69.78 and a fifty-two week high of $121.12. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.36 and a current ratio of 2.36. The company has a market cap of $13.81 billion, a P/E ratio of 30.93, a price-to-earnings-growth ratio of 3.30 and a beta of 0.59.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share 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 business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the prior year, the business earned $1.66 EPS. The firm’s revenue for the quarter 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 will post 4.17 earnings per share for the current fiscal year.

Insider Activity

In other Akamai Technologies news, Director Jon Miller sold 11,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $102.67, for a total transaction of $1,129,370.00. Following the completion of the sale, the director directly owned 22,806 shares of the company’s stock, valued at approximately $2,341,492.02. The trade was a 32.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Mani Sundaram sold 1,722 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $98.58, for a total value of $169,754.76. Following the sale, the executive vice president directly owned 21,647 shares of the company’s stock, valued at $2,133,961.26. This represents a 7.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 57,454 shares of company stock worth $5,889,371. Company insiders own 2.30% of the company’s stock.

Institutional Trading of Akamai Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JFS Wealth Advisors LLC increased its holdings in Akamai Technologies by 626.2% during the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after purchasing an additional 263 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its holdings in Akamai Technologies by 295.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock worth $26,000 after purchasing an additional 251 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of 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 in the last quarter. TD Waterhouse Canada Inc. grew its holdings in shares of 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 in the last quarter. Finally, Sarver Vrooman Wealth Advisors bought a new position in shares of Akamai Technologies in the fourth quarter valued at approximately $31,000. 94.28% of the stock is owned by institutional investors.

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.