HSBC Boosts Akamai Technologies (NASDAQ:AKAM) Price Target to $171.00

Akamai Technologies (NASDAQ:AKAM) had its target price lifted by HSBC from $134.00 to $171.00 in a research note issued on Monday,MarketScreener reports. HSBC’s price objective would indicate a potential upside of 10.08% from the company’s previous close.

Several other brokerages have also commented on AKAM. UBS Group boosted their price target on shares of Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a report on Friday. Oppenheimer upped their price target on shares of Akamai Technologies from $115.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. The Goldman Sachs Group boosted their price objective on Akamai Technologies from $76.00 to $87.00 and gave the stock a “sell” rating in a research note on Friday. JPMorgan Chase & Co. increased their price objective on shares of Akamai Technologies from $72.00 to $100.00 in a report on Friday. Finally, TD Cowen lowered their target price on Akamai Technologies from $104.00 to $100.00 and set a “hold” rating on the stock in a report on Friday, February 20th. Eleven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $136.24.

Akamai Technologies Stock Up 5.2%

NASDAQ:AKAM opened at $155.35 on Monday. The company’s 50 day moving average is $105.43 and its two-hundred day moving average is $94.85. The company has a market cap of $22.53 billion, a PE ratio of 51.33, a P/E/G ratio of 5.09 and a beta of 0.45. The company has a current ratio of 2.06, a quick ratio of 2.36 and a debt-to-equity ratio of 0.84. Akamai Technologies has a twelve month low of $69.78 and a twelve month high of $149.76.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.61. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.07 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.Akamai Technologies’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.70 earnings per share. 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. Analysts anticipate that Akamai Technologies will post 4.15 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Anthony P. Williams sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following the transaction, the executive vice president directly owned 22,064 shares in the company, valued at approximately $2,301,054.56. This trade represents a 40.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jon Miller sold 11,000 shares of Akamai Technologies stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $102.67, for a total transaction of $1,129,370.00. Following the completion of the transaction, the director directly owned 22,806 shares in the company, valued at $2,341,492.02. The trade was a 32.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 57,454 shares of company stock worth $5,889,371. 2.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Akamai Technologies by 295.3% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after buying an additional 251 shares during the last quarter. TD Waterhouse Canada Inc. lifted its position in Akamai Technologies by 130.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after acquiring an additional 195 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of Akamai Technologies by 566.7% during the third quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after purchasing an additional 289 shares during the last quarter. JFS Wealth Advisors LLC lifted its holdings in shares of Akamai Technologies by 626.2% during the fourth quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after purchasing an additional 263 shares during the period. Finally, Wolff Wiese Magana LLC increased its stake in shares of Akamai Technologies by 497.0% during the third quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock worth $30,000 after acquiring an additional 333 shares during the period. 94.28% of the stock is owned by hedge funds and other institutional investors.

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.