Akamai Technologies, Inc. (NASDAQ:AKAM) Stock Has Consensus Price Target of $150.10 According to Brokerages

Shares of Akamai Technologies, Inc. (NASDAQ:AKAM) have been assigned a consensus recommendation of “Hold” from the twenty-four analysts that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $150.10.

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of Akamai Technologies from $158.00 to $167.00 and gave the stock a “neutral” rating in a research note on Friday, September 25th. Zacks Research raised Akamai Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Piper Sandler reiterated an “overweight” rating and set a $158.00 target price (up from $125.00) on shares of Akamai Technologies in a report on Friday, September 25th. TD Cowen increased their price target on Akamai Technologies from $140.00 to $149.00 and gave the company a “hold” rating in a research report on Friday, September 25th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $135.00 price target on shares of Akamai Technologies in a research note on Friday, September 25th.

Akamai Technologies Price Performance

NASDAQ AKAM opened at $106.95 on Wednesday. The firm’s 50 day moving average is $111.03 and its 200-day moving average is $118.74. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.23. The company has a market capitalization of $15.37 billion, a PE ratio of 38.47, a price-to-earnings-growth ratio of 4.75 and a beta of 0.62. Akamai Technologies has a 12-month low of $70.82 and a 12-month high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.57 by $0.02. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The firm’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.73 earnings per share. 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. Equities research analysts anticipate that Akamai Technologies will post 3.58 earnings per share for the current fiscal year.

Insider Transactions at Akamai Technologies

In related news, EVP Mani Sundaram sold 7,022 shares of the business’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of $125.62, for a total transaction of $882,103.64. Following the transaction, the executive vice president directly owned 14,625 shares in the company, valued at approximately $1,837,192.50. The trade was a 32.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 company’s stock in a transaction on Friday, September 25th. The stock was sold at an average price of $128.00, for a total transaction of $257,664.00. Following the sale, the executive vice president directly owned 57,197 shares in the company, valued at $7,321,216. This trade represents a 3.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 12,135 shares of company stock worth $1,467,221 in the last 90 days. Corporate insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Contravisory Investment Management Inc. bought a new position in shares of Akamai Technologies in the first quarter valued at about $1,172,000. Empowered Funds LLC boosted its holdings in shares of Akamai Technologies by 503.6% during the 1st quarter. Empowered Funds LLC now owns 42,831 shares of the technology infrastructure company’s stock worth $4,919,000 after buying an additional 35,735 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Akamai Technologies by 59.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 40,593 shares of the technology infrastructure company’s stock worth $4,662,000 after buying an additional 15,091 shares during the period. TimesSquare Capital Management LLC acquired a new position in Akamai Technologies in the 2nd quarter valued at about $27,250,000. Finally, QRG Capital Management Inc. grew its stake in Akamai Technologies by 1,716.7% in the 2nd quarter. QRG Capital Management Inc. now owns 32,610 shares of the technology infrastructure company’s stock valued at $3,855,000 after buying an additional 30,815 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Akamai Technologies Company Profile

Akamai Technologies, Inc (NASDAQ: AKAM) provides cloud computing, cybersecurity and content delivery services for businesses and public-sector organizations. Its distributed edge platform helps customers deliver websites, applications, media and other digital experiences while improving performance, availability and scalability.

The company’s services include web and application performance optimization, content delivery, cloud infrastructure, application and API security, distributed denial-of-service protection, zero-trust security and bot management.