Akamai Technologies (NASDAQ:AKAM) Upgraded to “Neutral” at JPMorgan Chase & Co.

Akamai Technologies (NASDAQ:AKAM) was upgraded by analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a research report issued to clients and investors on Thursday, MarketBeat.com reports. The brokerage currently has a $158.00 target price on the technology infrastructure company’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 28.69% from the company’s current price.

AKAM has been the topic of a number of other reports. Craig Hallum upgraded shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a research report on Friday, May 8th. Morgan Stanley boosted their price objective on shares of Akamai Technologies from $120.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. TD Cowen upped their target price on shares of Akamai Technologies from $135.00 to $140.00 and gave the company a “hold” rating in a research note on Friday, August 7th. Royal Bank Of Canada cut their target price on shares of Akamai Technologies from $150.00 to $135.00 and set a “sector perform” rating on the stock in a report on Friday, August 7th. Finally, HSBC cut shares of Akamai Technologies from a “buy” rating to a “hold” rating and reduced their price target for the stock from $171.00 to $123.00 in a research report on Monday. Twelve research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Akamai Technologies currently has an average rating of “Hold” and an average price target of $144.14.

Akamai Technologies Stock Up 5.2%

Shares of Akamai Technologies stock opened at $122.78 on Thursday. The business has a fifty day simple moving average of $122.42 and a 200 day simple moving average of $116.49. The stock has a market cap of $17.65 billion, a PE ratio of 44.17, a price-to-earnings-growth ratio of 5.03 and a beta of 0.63. The company has a quick ratio of 2.06, a current ratio of 1.64 and a debt-to-equity ratio of 1.23. Akamai Technologies has a 12 month low of $70.82 and a 12 month high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last released its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.02. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the firm posted $1.73 earnings per share. The company’s quarterly revenue was up 5.4% on a year-over-year basis. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. Research analysts predict that Akamai Technologies will post 3.91 EPS for the current year.

Insider Buying and Selling

In related news, EVP Kim Salem-Jackson sold 2,300 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total transaction of $311,811.00. Following the sale, the executive vice president directly owned 59,210 shares in the company, valued at $8,027,099.70. This trade represents a 3.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total transaction of $31,446.63. Following the completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Akamai Technologies

A number of large investors have recently added to or reduced their stakes in AKAM. Sarver Vrooman Wealth Advisors acquired a new position in shares of Akamai Technologies during the fourth quarter worth about $31,000. Root Financial Partners LLC raised its position in Akamai Technologies by 45.8% in the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after buying an additional 110 shares during the last quarter. Silvant Capital Management LLC bought a new stake in Akamai Technologies in the 2nd quarter valued at approximately $32,000. CYBER HORNET ETFs LLC bought a new stake in Akamai Technologies in the 2nd quarter valued at approximately $32,000. Finally, WealthCollab LLC lifted its stake in Akamai Technologies by 154.2% in the 4th quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock valued at $34,000 after acquiring an additional 239 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

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.