Akamai Technologies (NASDAQ:AKAM – Get Free Report) updated its second quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.450-1.650 for the period, compared to the consensus EPS estimate of 1.540. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. Akamai Technologies also updated its FY 2026 guidance to 6.400-7.150 EPS.
Analyst Ratings Changes
A number of brokerages have issued reports on AKAM. KeyCorp upped their price objective on shares of Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Evercore began coverage on shares of Akamai Technologies in a research report on Tuesday, April 14th. They issued an “outperform” rating and a $130.00 price objective for the company. Robert W. Baird reiterated a “neutral” rating and issued a $110.00 target price on shares of Akamai Technologies in a research note on Thursday, April 2nd. Raymond James Financial set a $120.00 target price on shares of Akamai Technologies in a research note on Thursday, March 12th. Finally, Morgan Stanley boosted their target price on shares of Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Nine analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Akamai Technologies presently has an average rating of “Hold” and an average target price of $112.37.
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Akamai Technologies Stock Down 4.3%
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last released its earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.09. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.66 earnings per share. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. As a group, equities analysts expect that Akamai Technologies will post 4.17 earnings per share for the current year.
Insider Activity at Akamai Technologies
In related news, EVP Mani Sundaram sold 1,722 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $98.58, for a total transaction of $169,754.76. Following the sale, the executive vice president directly owned 21,647 shares in the company, valued at approximately $2,133,961.26. This represents a 7.37% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Madhu Ranganathan sold 3,131 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $102.00, for a total transaction of $319,362.00. Following the sale, the director owned 9,160 shares in the company, valued at $934,320. The trade was a 25.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 57,454 shares of company stock worth $5,889,371 in the last ninety days. Insiders own 2.30% of the company’s stock.
Key Headlines Impacting Akamai Technologies
Here are the key news stories impacting Akamai Technologies this week:
- Positive Sentiment: Q1 results: Revenue of $1.074B (+6% YoY) and non?GAAP EPS of $1.61; Cloud Infrastructure and Security revenue grew strongly, highlighting product demand. Akamai Reports First Quarter 2026 Financial Results
- Positive Sentiment: Raised FY26 outlook: Company narrowed/raised FY26 EPS guidance to 6.400–7.150 and reiterated full?year revenue range, which investors interpreted as constructive for growth expectations. Why Akamai Shares Are Trading Higher By 26%; Here Are 20 Stocks Moving Premarket
- Positive Sentiment: Large customer/commitment: A leading frontier model provider committed $1.8B over seven years to Akamai’s Cloud Infrastructure Services, supporting long?term revenue visibility in a strategic segment. Akamai Reports First Quarter 2026 Financial Results
- Neutral Sentiment: Market reaction details: After?hours and premarket headlines report large intraday moves (jumped overnight and continued higher premarket) as traders priced in the beat/guidance mix. Akamai Technologies (AKAM) Stock Pops Over 29% Overnight
- Neutral Sentiment: Conference call/transcript available for color on margin dynamics, product traction, and sales commentary; useful for investors wanting management detail. Akamai Technologies, Inc. (AKAM) Q1 2026 Earnings Call Transcript
- Negative Sentiment: Q2 guidance and near?term headwinds: Management forecasted Q2 profit and revenue below some Street expectations and flagged higher memory costs and cautious enterprise spending, which is a key reason for mixed analyst reactions. Akamai Technologies forecasts quarterly results below expectations
- Negative Sentiment: GAAP profitability and some year?over?year EPS softness: GAAP EPS declined and non?GAAP EPS is down slightly YoY, which could temper expectations if headwinds persist. Akamai Reports First Quarter 2026 Financial Results
Institutional Trading of Akamai Technologies
A number of institutional investors have recently modified their holdings of AKAM. Brighton Jones LLC lifted its stake in shares of Akamai Technologies by 101.4% during the 4th quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company’s stock valued at $384,000 after buying an additional 2,022 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in Akamai Technologies by 35.2% during the 1st quarter. Jones Financial Companies Lllp now owns 1,087 shares of the technology infrastructure company’s stock worth $88,000 after acquiring an additional 283 shares during the period. United Services Automobile Association bought a new stake in Akamai Technologies during the 1st quarter worth approximately $266,000. Empowered Funds LLC increased its holdings in Akamai Technologies by 73.0% during the 1st quarter. Empowered Funds LLC now owns 7,134 shares of the technology infrastructure company’s stock worth $574,000 after acquiring an additional 3,010 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in Akamai Technologies by 152.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,163 shares of the technology infrastructure company’s stock worth $93,000 after acquiring an additional 703 shares during the period. 94.28% of the stock is currently owned by hedge funds and other institutional investors.
Akamai Technologies Company Profile
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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