Akamai Technologies (NASDAQ:AKAM) Price Target Raised to $97.00 at Piper Sandler

Akamai Technologies (NASDAQ:AKAM) had its target price raised by Piper Sandler from $89.00 to $97.00 in a research note issued to investors on Monday,Benzinga reports. Piper Sandler currently has a neutral rating on the technology infrastructure company’s stock.

Several other equities research analysts also recently issued reports on the stock. Jefferies Financial Group downgraded shares of Akamai Technologies to an “underperform” rating in a research note on Monday, December 15th. Robert W. Baird lifted their target price on shares of Akamai Technologies from $90.00 to $110.00 and gave the company an “outperform” rating in a report on Friday. Citigroup increased their price target on Akamai Technologies from $103.00 to $110.00 and gave the company a “neutral” rating in a report on Friday. KeyCorp raised their price objective on Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday. Finally, The Goldman Sachs Group boosted their price objective on Akamai Technologies from $69.00 to $76.00 and gave the stock a “sell” rating in a research note on Friday. Ten investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $108.84.

Akamai Technologies Stock Performance

Shares of NASDAQ:AKAM opened at $98.75 on Monday. The business has a 50-day moving average of $93.91 and a two-hundred day moving average of $84.35. The firm has a market capitalization of $14.21 billion, a PE ratio of 32.06, a P/E/G ratio of 2.90 and a beta of 0.70. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.36 and a quick ratio of 2.28. Akamai Technologies has a 12 month low of $67.51 and a 12 month high of $113.50.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $1.08 billion. During the same period in the previous year, the company posted $1.66 EPS. The company’s revenue was up 7.4% compared to the same quarter last year. 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. As a group, research analysts forecast that Akamai Technologies will post 4.6 earnings per share for the current year.

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, EVP Paul C. Joseph sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $90.17, for a total transaction of $450,850.00. Following the completion of the sale, the executive vice president owned 17,513 shares in the company, valued at $1,579,147.21. This trade represents a 22.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Robert Blumofe sold 3,500 shares of Akamai Technologies stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $108.00, for a total value of $378,000.00. Following the sale, the chief technology officer owned 14,574 shares in the company, valued at $1,573,992. This represents a 19.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 32,318 shares of company stock valued at $2,967,254. Company insiders own 2.00% of the company’s stock.

Institutional Trading of Akamai Technologies

A number of hedge funds have recently made changes to their positions in AKAM. Whittier Trust Co. of Nevada Inc. raised its holdings in Akamai Technologies by 295.3% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 251 shares in the last quarter. TD Waterhouse Canada Inc. increased its position in shares of Akamai Technologies by 130.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after purchasing an additional 195 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Akamai Technologies by 566.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 289 shares in the last quarter. JFS Wealth Advisors LLC raised its stake in shares of Akamai Technologies by 626.2% in the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after purchasing an additional 263 shares in the last quarter. Finally, Wolff Wiese Magana LLC lifted its position in shares of Akamai Technologies by 497.0% during the third quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock worth $30,000 after purchasing an additional 333 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Akamai Technologies News Roundup

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)

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.