What is Zacks Research’s Forecast for AKAM FY2027 Earnings?

Akamai Technologies, Inc. (NASDAQ:AKAM) – Equities researchers at Zacks Research raised their FY2027 EPS estimates for shares of Akamai Technologies in a research note issued to investors on Thursday, October 23rd. Zacks Research analyst Team now forecasts that the technology infrastructure company will earn $4.27 per share for the year, up from their prior forecast of $4.24. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.60 per share.

Akamai Technologies (NASDAQ:AKAM) last issued its earnings results on Thursday, August 7th. The technology infrastructure company reported $1.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.55 by $0.18. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Akamai Technologies had a net margin of 10.40% and a return on equity of 14.26%. Akamai Technologies’s revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the company posted $1.58 earnings per share. Akamai Technologies has set its FY 2025 guidance at 6.600-6.800 EPS. Q3 2025 guidance at 1.620-1.660 EPS.

A number of other equities research analysts have also recently issued reports on AKAM. Wall Street Zen upgraded Akamai Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Bank of America cut their price objective 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 decreased their target price on shares of Akamai Technologies from $88.00 to $83.00 and set a “neutral” rating for the company in a research report on Friday, August 8th. DA Davidson restated a “buy” rating and issued a $115.00 price target on shares of Akamai Technologies in a research note on Thursday, October 16th. Finally, The Goldman Sachs Group started coverage on Akamai Technologies in a research report on Wednesday, August 13th. They set a “sell” rating and a $67.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $92.53.

Akamai Technologies Trading Up 0.6%

Shares of NASDAQ AKAM opened at $75.49 on Monday. Akamai Technologies has a 12-month low of $67.51 and a 12-month high of $105.26. The company has a market cap of $10.82 billion, a price-to-earnings ratio of 26.77, a price-to-earnings-growth ratio of 3.59 and a beta of 0.75. The company has a current ratio of 2.31, a quick ratio of 2.31 and a debt-to-equity ratio of 0.92. The stock’s 50 day simple moving average is $76.36 and its 200 day simple moving average is $77.17.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. WPG Advisers LLC acquired a new position in Akamai Technologies during the first quarter worth about $27,000. UMB Bank n.a. lifted its holdings in Akamai Technologies by 50.8% in the 2nd quarter. UMB Bank n.a. now owns 395 shares of the technology infrastructure company’s stock valued at $32,000 after acquiring an additional 133 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Akamai Technologies in the 2nd quarter valued at about $32,000. True Wealth Design LLC boosted its position in shares of Akamai Technologies by 1,469.2% during the 3rd quarter. True Wealth Design LLC now owns 408 shares of the technology infrastructure company’s stock valued at $31,000 after purchasing an additional 382 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in shares of Akamai Technologies in the 2nd quarter worth approximately $35,000. Institutional investors own 94.28% of the company’s stock.

Insider Activity

In related news, CTO Robert Blumofe sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $77.00, for a total transaction of $231,000.00. Following the transaction, the chief technology officer owned 27,910 shares in the company, valued at $2,149,070. This trade represents a 9.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Aaron Ahola sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $75.76, for a total value of $303,040.00. Following the sale, the executive vice president directly owned 21,211 shares in the company, valued at approximately $1,606,945.36. The trade was a 15.87% decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,000 shares of company stock worth $917,290 over the last three months. Corporate insiders own 2.00% of the company’s stock.

About Akamai Technologies

Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.