Akamai Technologies (NASDAQ:AKAM) Stock Price Target Lowered at Susquehanna

Akamai Technologies (NASDAQ:AKAM – Get Free Report) had its price objective cut by Susquehanna from $140.00 to $90.00 in a report issued on Friday, Benzinga reports. The brokerage presently has a “positive” rating on the technology infrastructure company’s stock. Susquehanna‘s price objective would indicate a potential upside of 15.62% from the stock’s previous close.

Other analysts have also recently issued research reports about the company. DA Davidson cut their price objective on Akamai Technologies from $185.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, September 28th. Piper Sandler decreased their target price on Akamai Technologies from $158.00 to $120.00 and set an “overweight” rating for the company in a research report on Wednesday, October 21st. Guggenheim reiterated a “buy” rating on shares of Akamai Technologies in a report on Friday, October 30th. Wall Street Zen raised Akamai Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, October 17th. Finally, Raymond James Financial raised Akamai Technologies from an “outperform” rating to a “strong-buy” rating and set a $170.00 price target on the stock in a research report on Tuesday, October 20th. 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 company has an average rating of “Moderate Buy” and an average price target of $143.81.

Read Our Latest Stock Analysis on AKAM

Akamai Technologies Price Performance

AKAM opened at $77.84 on Friday. The company has a market capitalization of $11.19 billion, a P/E ratio of 28.00, a PEG ratio of 4.05 and a beta of 0.65. The company has a 50-day moving average of $102.11 and a 200-day moving average of $112.27. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64. Akamai Technologies has a 1-year low of $71.93 and a 1-year high of $165.45.

Akamai Technologies (NASDAQ:AKAM – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The technology infrastructure company reported $1.77 EPS for the quarter, topping the consensus estimate of $1.67 by $0.10. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.12 billion. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.86 earnings per share. Akamai Technologies has set its FY 2026 guidance at 6.470-6.680 EPS and its Q4 2026 guidance at 1.500-1.700 EPS. Equities analysts expect that Akamai Technologies will post 3.58 EPS for the current fiscal year.

Insider Buying and Selling

In other Akamai Technologies news, EVP Paul C. Joseph sold 3,100 shares of the firm’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $105.63, for a total value of $327,453.00. Following the sale, the executive vice president directly owned 28,472 shares in the company, valued at approximately $3,007,497.36. This trade represents a 9.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed 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 business’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of $128.00, for a total transaction of $257,664.00. Following the transaction, the executive vice president directly owned 57,197 shares of the company’s stock, valued at approximately $7,321,216. This trade represents a 3.40% decrease in their position. 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. Insiders sold a total of 12,135 shares of company stock worth $1,467,221 in the last three months. 2.30% of the stock is owned by insiders.

Institutional Trading of Akamai Technologies

Several hedge funds have recently bought and sold shares of AKAM. Edmond DE Rothschild Holding S.A. bought a new position in Akamai Technologies in the 2nd quarter worth about $222,046,000. William Blair Investment Management LLC acquired a new stake in shares of Akamai Technologies in the second quarter valued at approximately $181,508,000. Legal & General Group Plc bought a new stake in shares of Akamai Technologies during the second quarter valued at approximately $159,564,000. Atreides Management LP bought a new stake in shares of Akamai Technologies during the second quarter valued at approximately $107,640,000. Finally, Southpoint Capital Advisors LP bought a new stake in shares of Akamai Technologies during the first quarter valued at approximately $91,880,000. 94.28% of the stock is currently owned by institutional investors.

More Akamai Technologies News

Here are the key news stories impacting Akamai Technologies this week:

  • Positive Sentiment: Third-quarter EPS was $1.77, topping the $1.67 consensus estimate, while revenue of $1.12 billion was broadly in line with expectations and rose 6.4% year over year. Akamai Q3 earnings and revenues surpass estimates
  • Positive Sentiment: Full-year 2026 EPS guidance of $6.47–$6.68 is above the $6.03 analyst consensus, providing a favorable counterpoint to the softer near-term outlook.
  • Neutral Sentiment: Akamai expects its cloud infrastructure services business to generate $1.1 billion–$1.3 billion in 2027. However, the timing of its Anthropic deal shifts about $30 million of revenue into 2027, indicating that some expected revenue is delayed rather than lost. Akamai 2027 cloud infrastructure outlook and Anthropic deal timing
  • Negative Sentiment: Fourth-quarter guidance came in below expectations: revenue is forecast at $1.1 billion–$1.2 billion versus $1.2 billion consensus, and EPS at $1.50–$1.70 versus $1.63 consensus. The cautious outlook appears to have outweighed the quarterly EPS beat. Akamai Q3 results and weak guidance
  • Negative Sentiment: Despite revenue growth, EPS declined from $1.86 a year earlier, reinforcing concerns about profitability trends. Akamai profit drops in Q3

About Akamai Technologies

(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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