Akamai Technologies, Inc. (NASDAQ:AKAM) Given Average Recommendation of “Hold” by Analysts

Shares of Akamai Technologies, Inc. (NASDAQ:AKAM) have been assigned a consensus recommendation of “Hold” from the twenty-two ratings firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $145.2857.

Several research firms recently commented on AKAM. JPMorgan Chase & Co. boosted their target price on Akamai Technologies from $72.00 to $100.00 in a research report on Friday, May 8th. UBS Group raised their price target on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Craig Hallum upgraded Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target for the company in a research report on Friday, May 8th. Susquehanna boosted their price objective on Akamai Technologies from $120.00 to $175.00 and gave the stock a “positive” rating in a report on Monday, May 11th. Finally, HSBC upped their price objective on shares of Akamai Technologies from $134.00 to $171.00 in a research report on Monday, May 11th.

Akamai Technologies Stock Down 0.9%

Shares of NASDAQ:AKAM opened at $111.79 on Friday. Akamai Technologies has a 1 year low of $69.78 and a 1 year high of $165.45. The company has a market capitalization of $16.25 billion, a PE ratio of 37.64, a price-to-earnings-growth ratio of 3.54 and a beta of 0.63. The business has a fifty day moving average price of $129.58 and a two-hundred day moving average price of $114.50. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.06.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, meeting the consensus estimate of $1.61. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.07 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.Akamai Technologies’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the business 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. Analysts forecast that Akamai Technologies will post 3.92 earnings per share for the current year.

Insider Activity

In other news, EVP Kim Salem-Jackson sold 2,300 shares of Akamai Technologies stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the transaction, the executive vice president owned 59,210 shares in the company, valued at approximately $8,027,099.70. The trade was a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of Akamai Technologies stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total value of $31,446.63. Following the completion of the transaction, the chief technology officer directly owned 31,006 shares in the company, valued at $4,012,486.46. This trade represents a 0.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Akamai Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the company. Whitener Capital Management Inc. purchased a new position in shares of Akamai Technologies during the second quarter valued at approximately $201,000. Tema ETFs LLC boosted its holdings in Akamai Technologies by 9.5% in the second quarter. Tema ETFs LLC now owns 1,664 shares of the technology infrastructure company’s stock worth $197,000 after purchasing an additional 145 shares during the last quarter. E. Ohman J or Asset Management AB boosted its holdings in Akamai Technologies by 22.2% in the second quarter. E. Ohman J or Asset Management AB now owns 168,612 shares of the technology infrastructure company’s stock worth $19,932,000 after purchasing an additional 30,612 shares during the last quarter. Handelsbanken Fonder AB grew 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 worth $5,449,000 after purchasing an additional 5,200 shares during the period. Finally, Fulton Bank N.A. grew its position in Akamai Technologies by 239.7% in the 2nd quarter. Fulton Bank N.A. now owns 6,801 shares of the technology infrastructure company’s stock worth $804,000 after purchasing an additional 4,799 shares during the period. Institutional investors own 94.28% of the company’s stock.

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.