Akamai Technologies (NASDAQ:AKAM) Issues Q3 2026 Earnings Guidance

Akamai Technologies (NASDAQ:AKAM) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.600-1.800 for the period, compared to the consensus EPS estimate of 1.560. 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 6.400-7.050 EPS.

Akamai Technologies Trading Down 6.8%

Shares of Akamai Technologies stock opened at $110.54 on Friday. The firm has a 50-day simple moving average of $124.77 and a two-hundred day simple moving average of $115.79. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06. Akamai Technologies has a fifty-two week low of $69.78 and a fifty-two week high of $165.45. The company has a market cap of $16.07 billion, a P/E ratio of 39.76, a price-to-earnings-growth ratio of 5.03 and a beta of 0.63.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.02. Akamai Technologies had a return on equity of 11.24% and a net margin of 9.51%.The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the previous year, the business earned $1.73 earnings per share. The business’s revenue was up 5.4% compared to the same quarter last year. 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. As a group, equities analysts predict that Akamai Technologies will post 3.91 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. UBS Group raised their target price on Akamai Technologies from $125.00 to $143.00 and gave the company a “neutral” rating in a research report on Friday. JPMorgan Chase & Co. boosted their price target on Akamai Technologies from $72.00 to $100.00 in a research report on Friday, May 8th. Evercore assumed coverage on Akamai Technologies in a research note on Tuesday, April 14th. They issued an “outperform” rating and a $130.00 price objective for the company. TD Cowen raised their price objective on Akamai Technologies from $135.00 to $140.00 and gave the company a “hold” rating in a report on Friday. Finally, Zacks Research raised shares of Akamai Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Twelve analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $145.33.

Insider Buying and Selling

In other Akamai Technologies news, CTO Robert Blumofe sold 243 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total value of $31,446.63. Following the transaction, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at $4,012,486.46. This trade represents a 0.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 that occurred on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the transaction, the executive vice president owned 59,210 shares in the company, valued at approximately $8,027,099.70. This represents a 3.74% decrease in their ownership of the stock. 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. Company insiders own 2.30% of the company’s stock.

Key Stories Impacting Akamai Technologies

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

• Positive Sentiment: Akamai reported second-quarter adjusted EPS of $1.59, above the $1.57 consensus, while revenue rose 5.4% year over year to approximately $1.10 billion, exceeding estimates. Demand remained solid across cloud infrastructure and cybersecurity services. Akamai beats quarterly estimates on cloud infrastructure demand
• Positive Sentiment: The company announced a cloud infrastructure services contract valued at more than $600 million, reinforcing its position in the AI and robotics infrastructure market. Akamai Stock Is Solidly Part of the AI Trade After Earnings
• Positive Sentiment: Akamai’s third-quarter EPS outlook of $1.60–$1.80 topped the $1.56 consensus, and its full-year EPS forecast of $6.40–$7.05 is above the $6.15 analyst estimate. TD Cowen and Guggenheim raised their price targets to $140 and $190, respectively, with Guggenheim retaining a buy rating. Akamai Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: Analyst opinion remains mixed. Royal Bank of Canada cut its target to $135 with a sector-perform rating, while Piper Sandler lowered its target to $140 and maintained neutral. These targets still imply substantial upside from recent trading levels, but the reductions signal more cautious expectations.
• Negative Sentiment: Although earnings exceeded estimates, second-quarter EPS declined from $1.73 a year earlier. Analysts are also focused on higher infrastructure investment needed to support Akamai’s AI expansion, which is weighing on near-term margins and cash-flow expectations.
• Negative Sentiment: Full-year revenue guidance of approximately $4.4–$4.5 billion was slightly below the $4.5 billion consensus, creating disappointment after the earnings beat. The stock’s decline suggests investors are prioritizing guidance and profitability risks over the headline results.

Institutional Trading of Akamai Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of AKAM. CYBER HORNET ETFs LLC acquired a new position in shares of Akamai Technologies during the 2nd quarter valued at about $32,000. Align Financial LLC purchased a new stake in shares of Akamai Technologies in the fourth quarter valued at about $34,000. MUFG Securities EMEA plc acquired a new stake in Akamai Technologies during the second quarter worth about $35,000. Sfam LLC acquired a new stake in Akamai Technologies during the fourth quarter worth about $38,000. Finally, BOKF NA raised its stake in Akamai Technologies by 438.0% during the third quarter. BOKF NA now owns 538 shares of the technology infrastructure company’s stock worth $41,000 after purchasing an additional 438 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

About Akamai Technologies

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.