
Akamai Technologies, Inc. (NASDAQ:AKAM – Free Report) – Zacks Research upped their Q4 2026 earnings estimates for Akamai Technologies in a note issued to investors on Tuesday, July 14th. Zacks Research analyst Team now anticipates that the technology infrastructure company will post earnings of $1.07 per share for the quarter, up from their prior forecast of $1.06. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Akamai Technologies’ current full-year earnings is $3.92 per share. Zacks Research also issued estimates for Akamai Technologies’ Q1 2027 earnings at $0.79 EPS and FY2028 earnings at $4.70 EPS.
Other equities analysts also recently issued research reports about the company. JPMorgan Chase & Co. raised their target price on Akamai Technologies from $72.00 to $100.00 in a research report on Friday, May 8th. Oppenheimer increased their price objective on Akamai Technologies from $115.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Craig Hallum raised Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a report on Friday, May 8th. Morgan Stanley boosted their target price on shares of Akamai Technologies from $120.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Finally, Royal Bank Of Canada upped their target price on shares of Akamai Technologies from $100.00 to $150.00 and gave the stock a “sector perform” rating in a report on Friday, May 8th. Twelve analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Akamai Technologies presently has an average rating of “Hold” and an average price target of $145.29.
Akamai Technologies Trading Up 1.2%
AKAM stock opened at $120.19 on Thursday. Akamai Technologies has a 1-year low of $69.78 and a 1-year high of $165.45. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.84. The business’s 50 day moving average is $134.23 and its 200-day moving average is $112.78. The firm has a market cap of $17.47 billion, a P/E ratio of 40.47, a P/E/G ratio of 3.72 and a beta of 0.63.
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, hitting analysts’ consensus estimates of $1.61. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.70 earnings per share. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS.
Insider Buying and Selling
In related news, CTO Robert Blumofe sold 243 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total transaction of $31,446.63. Following the sale, the chief technology officer directly owned 31,006 shares in the company, valued at $4,012,486.46. This represents a 0.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of Akamai Technologies stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total value of $311,811.00. Following the completion of the transaction, the executive vice president owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. The trade was a 3.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is owned by corporate insiders.
Institutional Trading of Akamai Technologies
A number of hedge funds and other institutional investors have recently made changes to their positions in AKAM. Whitener Capital Management Inc. acquired a new position in Akamai Technologies during the 2nd quarter worth about $201,000. Tema ETFs LLC grew its holdings in Akamai Technologies by 9.5% during the 2nd quarter. Tema ETFs LLC now owns 1,664 shares of the technology infrastructure company’s stock worth $197,000 after acquiring an additional 145 shares during the last quarter. E. Ohman J or Asset Management AB increased its position in Akamai Technologies by 22.2% in the 2nd quarter. E. Ohman J or Asset Management AB now owns 168,612 shares of the technology infrastructure company’s stock valued at $19,932,000 after acquiring an additional 30,612 shares in the last quarter. Handelsbanken Fonder AB increased its position in Akamai Technologies by 12.7% in the 2nd quarter. Handelsbanken Fonder AB now owns 46,100 shares of the technology infrastructure company’s stock valued at $5,449,000 after acquiring an additional 5,200 shares in the last quarter. Finally, Fulton Bank N.A. raised its stake in shares of Akamai Technologies by 239.7% in the second quarter. Fulton Bank N.A. now owns 6,801 shares of the technology infrastructure company’s stock worth $804,000 after acquiring an additional 4,799 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.
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.
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