Akamai Technologies (AKAM) Expected to Announce Quarterly Earnings on Thursday

Akamai Technologies (NASDAQ:AKAMGet Free Report) is anticipated to announce its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of $1.57 per share and revenue of $1.0913 billion for the quarter. 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. Investors may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 4:30 PM ET.

Akamai Technologies (NASDAQ:AKAMGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, meeting the consensus estimate of $1.61. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.70 EPS. On average, analysts expect Akamai Technologies to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Akamai Technologies Stock Up 4.7%

Shares of NASDAQ AKAM opened at $123.41 on Wednesday. The company has a 50 day simple moving average of $126.48 and a 200-day simple moving average of $115.44. The company has a market capitalization of $17.94 billion, a P/E ratio of 41.55, a P/E/G ratio of 5.00 and a beta of 0.63. 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 has a 1 year low of $69.78 and a 1 year high of $165.45.

Insiders Place Their Bets

In other news, CTO Robert Blumofe sold 243 shares of Akamai Technologies 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 of the company’s stock, valued at approximately $4,012,486.46. The trade was a 0.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the business’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total transaction of $311,811.00. Following the transaction, the executive vice president owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. The trade was a 3.74% decrease in their position. 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 company insiders.

Institutional Trading of Akamai Technologies

A number of large investors have recently bought and sold shares of the business. AQR Capital Management LLC lifted its position in Akamai Technologies by 522.8% during the 3rd quarter. AQR Capital Management LLC now owns 2,020,346 shares of the technology infrastructure company’s stock worth $153,061,000 after acquiring an additional 1,695,937 shares during the period. Alyeska Investment Group L.P. increased its holdings in shares of Akamai Technologies by 570.0% in the third quarter. Alyeska Investment Group L.P. now owns 1,634,040 shares of the technology infrastructure company’s stock valued at $123,795,000 after purchasing an additional 1,390,167 shares during the period. Rubric Capital Management LP acquired a new position in shares of Akamai Technologies in the fourth quarter valued at approximately $104,700,000. First Trust Advisors LP raised its stake in shares of Akamai Technologies by 16.5% during the fourth quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock worth $589,112,000 after purchasing an additional 957,345 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Akamai Technologies by 33.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,115,342 shares of the technology infrastructure company’s stock worth $271,820,000 after purchasing an additional 784,009 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Susquehanna upped their price objective on Akamai Technologies from $120.00 to $175.00 and gave the company a “positive” rating in a report on Monday, May 11th. UBS Group raised their target price on Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Citigroup lifted their target price on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, May 15th. The Goldman Sachs Group increased their price target on Akamai Technologies from $76.00 to $87.00 and gave the stock a “sell” rating in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. increased their target price on shares of Akamai Technologies from $72.00 to $100.00 in a report on Friday, May 8th. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $145.29.

View Our Latest Research Report on AKAM

About Akamai Technologies

(Get Free Report)

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.

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Earnings History for Akamai Technologies (NASDAQ:AKAM)

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