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

Akamai Technologies (NASDAQ:AKAM) had its target price lifted by stock analysts at DA Davidson from $115.00 to $125.00 in a research note issued to investors on Thursday, Marketbeat reports. The brokerage presently has a “buy” rating on the technology infrastructure company’s stock. DA Davidson’s target price suggests a potential upside of 11.85% from the stock’s current price.

Several other brokerages also recently commented on AKAM. Wall Street Zen downgraded Akamai Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Bank of America cut their target price on shares of Akamai Technologies from $100.00 to $80.00 and set a “neutral” rating on the stock in a research report on Monday, October 20th. Piper Sandler lifted their price objective on shares of Akamai Technologies from $86.00 to $89.00 and gave the company a “neutral” rating in a report on Monday, January 5th. Jefferies Financial Group cut shares of Akamai Technologies to an “underperform” rating in a report on Monday, December 15th. Finally, Royal Bank Of Canada increased their target price on shares of Akamai Technologies from $80.00 to $90.00 and gave the company a “sector perform” rating in a research report on Monday, January 5th. Seven equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $97.50.

Akamai Technologies Price Performance

AKAM stock opened at $111.76 on Thursday. The stock has a market cap of $16.08 billion, a PE ratio of 32.77, a P/E/G ratio of 3.22 and a beta of 0.70. Akamai Technologies has a 12 month low of $67.51 and a 12 month high of $113.50. The company has a 50-day moving average price of $91.57 and a 200 day moving average price of $83.00. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.87.

Insider Transactions at Akamai Technologies

In related news, CFO Edward J. Mcgowan sold 6,560 shares of the firm’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $88.03, for a total value of $577,476.80. Following the completion of the transaction, the chief financial officer owned 16,442 shares in the company, valued at $1,447,389.26. This trade represents a 28.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO Robert Blumofe sold 3,500 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $108.00, for a total value of $378,000.00. Following the completion of the sale, the chief technology officer owned 14,574 shares in the company, valued at approximately $1,573,992. This represents a 19.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 32,318 shares of company stock worth $2,967,254 over the last 90 days. Insiders own 2.00% of the company’s stock.

Institutional Trading of Akamai Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of AKAM. DLD Asset Management LP boosted its position in Akamai Technologies by 60.0% in the 2nd quarter. DLD Asset Management LP now owns 20,000,000 shares of the technology infrastructure company’s stock worth $1,595,200,000 after purchasing an additional 7,500,000 shares in the last quarter. First Trust Advisors LP boosted its holdings in Akamai Technologies by 16.5% during the fourth quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock worth $589,112,000 after buying an additional 957,345 shares in the last quarter. Nordea Investment Management AB grew its position in Akamai Technologies by 39.9% during the third quarter. Nordea Investment Management AB now owns 3,437,472 shares of the technology infrastructure company’s stock valued at $258,739,000 after buying an additional 980,966 shares during the period. Norges Bank purchased a new position in Akamai Technologies in the second quarter valued at $266,817,000. Finally, Invesco Ltd. raised its position in shares of Akamai Technologies by 5.8% in the third quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock worth $245,394,000 after acquiring an additional 177,756 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

Akamai Technologies News Roundup

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

• Positive Sentiment: DA Davidson raised its price target to $125 and kept a “buy” rating, signaling analyst conviction and adding upside potential relative to the current price. DA Davidson Raises PT
• Positive Sentiment: Zacks highlighted Akamai as a big mover on higher-than-average volume and noted favorable earnings-estimate revision trends — a catalyst that often supports further near-term gains. Zacks: Strength Seen
• Positive Sentiment: Market commentary and retail-focused pieces pointed to a strong one-day move (articles note ~9–10% jumps), which can attract momentum investors and trigger additional buying. AAII: Why AKAM Is Up
• Positive Sentiment: Shares recently hit a 52-week high, a technical signal that can draw more attention from trend-following funds. Investing.com: 52-Week High
• Neutral Sentiment: Akamai is scheduled to report earnings soon; previews and estimate summaries are circulating — the report could amplify today’s move either way. Earnings Preview
• Neutral Sentiment: Public short-interest data in recent reports appears to show zeros/NaN (likely a reporting anomaly), so there’s no clear short-covering signal to explain the volume spike. (Watch official exchanges for corrected short-interest figures.)
• Negative Sentiment: CTO Robert Blumofe sold 3,500 shares at about $108, reducing his stake ~19%. Insider selling can be perceived negatively by some investors even when routine. SEC Form 4

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.