Research Analysts Offer Predictions for AKAM FY2027 Earnings

Akamai Technologies, Inc. (NASDAQ:AKAM) – Analysts at Scotiabank reduced their FY2027 earnings per share (EPS) estimates for shares of Akamai Technologies in a report released on Thursday, October 1st. Scotiabank analyst P. Colville now anticipates that the technology infrastructure company will post earnings per share of $3.64 for the year, down from their previous forecast of $3.82. The consensus estimate for Akamai Technologies’ current full-year earnings is $3.58 per share.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.02. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter last year, the company posted $1.73 EPS. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. 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.

Other equities analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of Akamai Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, September 26th. Guggenheim raised their price objective on shares of Akamai Technologies from $190.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, September 25th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $135.00 price objective on shares of Akamai Technologies in a report on Friday, September 25th. Evercore reiterated an “outperform” rating on shares of Akamai Technologies in a research report on Friday, September 25th. Finally, UBS Group increased their target price on Akamai Technologies from $143.00 to $148.00 and gave the company a “neutral” rating in a research note on Friday, September 25th. Thirteen research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $150.10.

Akamai Technologies Trading Up 0.6%

Shares of AKAM opened at $108.62 on Monday. Akamai Technologies has a 1-year low of $70.82 and a 1-year high of $165.45. The company has a market capitalization of $15.61 billion, a P/E ratio of 39.07, a P/E/G ratio of 5.08 and a beta of 0.62. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 1.64. The firm’s 50 day simple moving average is $111.51 and its 200 day simple moving average is $118.93.

Insiders Place Their Bets

In related news, EVP Kim Salem-Jackson sold 2,013 shares of the stock in a transaction on Friday, September 25th. The shares were sold at an average price of $128.00, for a total transaction of $257,664.00. Following the transaction, the executive vice president owned 57,197 shares of the company’s stock, valued at approximately $7,321,216. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mani Sundaram sold 7,022 shares of the business’s stock in a transaction on Friday, September 25th. The stock was sold at an average price of $125.62, for a total transaction of $882,103.64. Following the completion of the sale, the executive vice president directly owned 14,625 shares of the company’s stock, valued at $1,837,192.50. This represents a 32.44% 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. Over the last ninety days, insiders have sold 12,135 shares of company stock valued at $1,467,221. 2.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Akamai Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its stake in Akamai Technologies by 11.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock worth $397,881,000 after purchasing an additional 349,451 shares during the period. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Akamai Technologies during the second quarter valued at approximately $222,046,000. William Blair Investment Management LLC purchased a new stake in shares of Akamai Technologies during the second quarter valued at approximately $181,508,000. Legal & General Group Plc bought a new position in shares of Akamai Technologies in the second quarter worth approximately $159,564,000. Finally, Rubric Capital Management LP grew its holdings in shares of Akamai Technologies by 8.3% in the first quarter. Rubric Capital Management LP now owns 1,300,000 shares of the technology infrastructure company’s stock worth $149,305,000 after purchasing an additional 100,000 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.

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.