AKAM Stock Earnings Estimates Decreased by Zacks Research

Akamai Technologies, Inc. (NASDAQ:AKAM – Free Report) – Equities research analysts at Zacks Research dropped their Q2 2027 earnings per share (EPS) estimates for Akamai Technologies in a research note issued on Monday, October 26th. Zacks Research analyst Team now anticipates that the technology infrastructure company will post earnings of $0.70 per share for the quarter, down from their prior estimate of $0.83. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Akamai Technologies’ current full-year earnings is $3.58 per share. Zacks Research also issued estimates for Akamai Technologies’ FY2027 earnings at $3.73 EPS.

Akamai Technologies (NASDAQ:AKAM – Get Free Report) last posted 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. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.73 EPS. 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.

Several other research firms also recently weighed in on AKAM. Piper Sandler decreased their price objective on Akamai Technologies from $158.00 to $120.00 and set an “overweight” rating for the company in a report on Wednesday, October 21st. Susquehanna cut their target price on shares of Akamai Technologies from $175.00 to $140.00 and set a “positive” rating on the stock in a report on Monday, August 10th. HSBC cut shares of Akamai Technologies from a “buy” rating to a “hold” rating and cut their target price for the company from $171.00 to $123.00 in a report on Monday, August 10th. UBS Group reduced their price target on shares of Akamai Technologies from $148.00 to $100.00 and set a “neutral” rating for the company in a research report on Thursday, October 22nd. Finally, President Capital increased their price target on shares of Akamai Technologies from $150.00 to $168.00 and gave the stock a “buy” rating in a research note on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $146.00.

Get Our Latest Stock Report on AKAM

Akamai Technologies Trading Up 5.3%

AKAM opened at $98.50 on Tuesday. The firm has a market cap of $14.16 billion, a price-to-earnings ratio of 35.43, a price-to-earnings-growth ratio of 4.40 and a beta of 0.62. Akamai Technologies has a 52 week low of $70.82 and a 52 week high of $165.45. The business’s 50 day moving average is $105.40 and its two-hundred day moving average is $112.22. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.23.

Insider Activity

In other news, EVP Paul Joseph sold 3,100 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $105.63, for a total transaction of $327,453.00. Following the completion of the sale, the executive vice president owned 28,472 shares in the company, valued at $3,007,497.36. This represents a 9.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,013 shares of the stock in a transaction on Friday, September 25th. The stock was sold at an average price of $128.00, for a total value of $257,664.00. Following the sale, the executive vice president directly owned 57,197 shares of the company’s stock, valued at approximately $7,321,216. This represents a 3.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 12,135 shares of company stock valued at $1,467,221. Company insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Akamai Technologies

Large investors have recently bought and sold shares of the company. Signaturefd LLC increased its stake in shares of Akamai Technologies by 482.6% during the third quarter. Signaturefd LLC now owns 9,065 shares of the technology infrastructure company’s stock worth $964,000 after acquiring an additional 7,509 shares during the period. Citizens Financial Group Inc. RI raised its holdings in Akamai Technologies by 251.8% during the third quarter. Citizens Financial Group Inc. RI now owns 9,084 shares of the technology infrastructure company’s stock worth $966,000 after purchasing an additional 6,502 shares in the last quarter. Manchester Capital Management LLC lifted its position in Akamai Technologies by 15.8% in the third quarter. Manchester Capital Management LLC now owns 1,822 shares of the technology infrastructure company’s stock valued at $186,000 after purchasing an additional 248 shares during the period. Farmers & Merchants Investments Inc. lifted its position in Akamai Technologies by 153.7% in the third quarter. Farmers & Merchants Investments Inc. now owns 274 shares of the technology infrastructure company’s stock valued at $29,000 after purchasing an additional 166 shares during the period. Finally, Fifth Third Wealth Advisors LLC lifted its position in Akamai Technologies by 6.8% in the third quarter. Fifth Third Wealth Advisors LLC now owns 3,141 shares of the technology infrastructure company’s stock valued at $334,000 after purchasing an additional 201 shares during the period. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Akamai Technologies Company Profile

(Get Free Report)

Akamai Technologies, Inc provides cloud, cybersecurity and content-delivery services that help organizations operate and protect applications, websites and digital media over the internet. Its distributed edge platform is designed to deliver online content closer to end users while improving performance, availability and resilience.

The company’s services include content delivery and application performance solutions, cloud computing capabilities, web and application security, distributed denial-of-service protection, bot management and zero-trust security tools.

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Earnings History and Estimates for Akamai Technologies (NASDAQ:AKAM)

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