Akamai Technologies, Inc. (NASDAQ:AKAM) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Akamai Technologies, Inc. (NASDAQ:AKAM) have received an average rating of “Moderate Buy” from the twenty-five ratings firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $138.64.

AKAM has been the topic of several research reports. Raymond James Financial raised shares of 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. Royal Bank Of Canada dropped their price objective on shares of Akamai Technologies from $135.00 to $85.00 and set a “sector perform” rating for the company in a report on Friday. Weiss Ratings downgraded Akamai Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, October 19th. Susquehanna lowered their price target on shares of Akamai Technologies from $140.00 to $90.00 and set a “positive” rating for the company in a report on Friday. Finally, DA Davidson decreased their target price on Akamai Technologies from $150.00 to $125.00 and set a “buy” rating for the company in a report on Friday.

Akamai Technologies News Roundup

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

• Positive Sentiment: Third-quarter adjusted earnings of $1.77 per share topped the $1.67 consensus, while revenue rose 6.4% year over year to $1.12 billion, in line with expectations. Growth in cybersecurity and cloud services supported results. Article
• Positive Sentiment: Investors also have a longer-term growth narrative: Akamai highlighted AI-cloud business, including an Anthropic deal, and expects 2027 cloud infrastructure services revenue of $1.1 billion–$1.3 billion. Article
• Neutral Sentiment: Analyst views remain positive but targets were reduced: DA Davidson cut its target to $125 and KeyCorp to $175, both retaining favorable ratings; Susquehanna lowered its target to $90 while keeping a positive rating.
• Negative Sentiment: Near-term guidance may temper optimism. Fourth-quarter revenue guidance of $1.1 billion–$1.2 billion tops out below the $1.2 billion consensus, and the EPS range includes outcomes below the $1.63 estimate. Akamai also cited higher infrastructure costs and a shift in the timing of some Anthropic-related revenue; quarterly EPS declined from $1.86 a year ago. Article

Insiders Place Their Bets

In other Akamai Technologies news, EVP Paul C. Joseph sold 3,100 shares of Akamai Technologies stock in a transaction 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 transaction, the executive vice president owned 28,472 shares in the company, valued at approximately $3,007,497.36. The trade was a 9.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,013 shares of the firm’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of $128.00, for a total value of $257,664.00. Following the transaction, the executive vice president owned 57,197 shares of the company’s stock, valued at $7,321,216. The trade was a 3.40% 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. Over the last 90 days, insiders sold 12,135 shares of company stock worth $1,467,221. 2.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Akamai Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its holdings in shares of Akamai Technologies by 11.2% during the first quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock valued at $397,881,000 after purchasing an additional 349,451 shares in the last quarter. Edmond DE Rothschild Holding S.A. purchased a new stake in Akamai Technologies in the second quarter worth about $222,046,000. Pictet Asset Management Holding SA raised its stake in Akamai Technologies by 3.6% during the 3rd quarter. Pictet Asset Management Holding SA now owns 1,731,292 shares of the technology infrastructure company’s stock worth $184,215,000 after acquiring an additional 59,453 shares during the period. William Blair Investment Management LLC purchased a new stake in Akamai Technologies in the 2nd quarter worth $181,508,000. Finally, Legal & General Group Plc bought a new stake in Akamai Technologies during the 2nd quarter valued at approximately $159,564,000. 94.28% of the stock is owned by institutional investors.

Akamai Technologies Trading Up 6.7%

Shares of Akamai Technologies stock opened at $83.09 on Friday. Akamai Technologies has a 1 year low of $76.75 and a 1 year high of $165.45. The firm has a market cap of $11.94 billion, a PE ratio of 32.21, a P/E/G ratio of 3.91 and a beta of 0.65. The stock has a fifty day moving average price of $101.55 and a 200-day moving average price of $112.24. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 1.64.

Akamai Technologies (NASDAQ:AKAM) last released its earnings results on Thursday, November 5th. The technology infrastructure company reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.10. The company had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.12 billion. Akamai Technologies had a return on equity of 11.03% and a net margin of 8.84%. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.86 EPS. 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 research analysts anticipate that Akamai Technologies will post 3.58 EPS for the current year.

About Akamai Technologies

Akamai Technologies is a technology company that provides cloud computing, cybersecurity and content delivery services. Its distributed platform helps businesses deliver digital content and applications, protect online operations and run workloads closer to users and devices.

The company’s offerings include web and application performance services, protection against cyberattacks, application and API security, and cloud infrastructure through Akamai Connected Cloud. Its services support organizations seeking to improve the speed, availability and security of their websites, applications and online services.

Founded in 1998, Akamai grew from a content delivery network provider into a broader cloud and security company.