Oppenheimer Issues Positive Forecast for Akamai Technologies (NASDAQ:AKAM) Stock Price

Akamai Technologies (NASDAQ:AKAM) had its price target hoisted by Oppenheimer from $115.00 to $130.00 in a research note issued to investors on Thursday,MarketScreener reports. Oppenheimer currently has an outperform rating on the technology infrastructure company’s stock.

Other equities research analysts have also recently issued reports about the stock. Piper Sandler raised their target price on shares of Akamai Technologies from $97.00 to $114.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 7th. Raymond James Financial set a $120.00 target price on shares of Akamai Technologies in a research report on Thursday, March 12th. The Goldman Sachs Group raised their target price on shares of Akamai Technologies from $69.00 to $76.00 and gave the stock a “sell” rating in a research report on Friday, February 20th. TD Cowen dropped their target price on shares of Akamai Technologies from $104.00 to $100.00 and set a “hold” rating for the company in a research report on Friday, February 20th. Finally, Citigroup raised their target price on shares of Akamai Technologies from $103.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Nine analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $112.37.

Akamai Technologies Trading Down 0.4%

Akamai Technologies stock traded down $0.35 during trading hours on Thursday, reaching $95.83. The stock had a trading volume of 237,289 shares, compared to its average volume of 4,548,234. The stock has a market cap of $13.90 billion, a PE ratio of 31.13, a PEG ratio of 3.34 and a beta of 0.59. Akamai Technologies has a 52 week low of $69.78 and a 52 week high of $121.12. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.36 and a quick ratio of 2.36. The company has a fifty day simple moving average of $105.39 and a 200-day simple moving average of $92.85.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.75 by $0.09. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The company’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.66 EPS. 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. Analysts forecast that Akamai Technologies will post 4.17 EPS for the current fiscal year.

Insider Activity at Akamai Technologies

In other Akamai Technologies news, Director Jon Miller sold 11,000 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 22,806 shares in the company, valued at approximately $2,341,492.02. This trade represents a 32.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Anthony P. Williams sold 15,000 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president owned 22,064 shares of the company’s stock, valued at approximately $2,301,054.56. This represents a 40.47% 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 over the last 90 days. 2.30% of the stock is currently owned by insiders.

Institutional Trading of Akamai Technologies

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