Akamai Technologies (NASDAQ:AKAM) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Akamai Technologies (NASDAQ:AKAMGet Free Report) had its price objective upped by research analysts at Royal Bank Of Canada from $100.00 to $150.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “sector perform” rating on the technology infrastructure company’s stock. Royal Bank Of Canada’s price target suggests a potential upside of 7.27% from the stock’s current price.

A number of other research firms have also commented on AKAM. TD Cowen cut their price objective on Akamai Technologies from $104.00 to $100.00 and set a “hold” rating on the stock in a research note on Friday, February 20th. Evercore began coverage on shares of Akamai Technologies in a report on Tuesday, April 14th. They set an “outperform” rating and a $130.00 price target for the company. Susquehanna upped their price objective on shares of Akamai Technologies from $105.00 to $120.00 and gave the company a “positive” rating in a research note on Friday, February 20th. DA Davidson increased their price objective on shares of Akamai Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, Piper Sandler restated a “neutral” rating and issued a $156.00 target price (up from $114.00) on shares of Akamai Technologies in a report on Friday. Eleven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $127.40.

Check Out Our Latest Report on AKAM

Akamai Technologies Price Performance

NASDAQ:AKAM traded up $23.14 during trading hours on Friday, hitting $139.83. The company’s stock had a trading volume of 11,671,202 shares, compared to its average volume of 4,712,823. 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 market capitalization of $20.28 billion, a P/E ratio of 45.10, a PEG ratio of 4.19 and a beta of 0.45. Akamai Technologies has a twelve month low of $69.78 and a twelve month high of $145.45. The stock has a fifty day simple moving average of $105.43 and a 200-day simple moving average of $94.85.

Akamai Technologies (NASDAQ:AKAMGet Free Report) last released its quarterly earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.09. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business posted $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. On average, analysts anticipate that Akamai Technologies will post 4.17 EPS for the current fiscal year.

Insider Activity at Akamai Technologies

In other news, EVP Anthony P. Williams sold 15,000 shares of the company’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 transaction, the executive vice president owned 22,064 shares in the company, valued at approximately $2,301,054.56. This represents a 40.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Laura Howell sold 11,273 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $100.14, for a total transaction of $1,128,878.22. Following the transaction, the chief accounting officer directly owned 12,559 shares in the company, valued at $1,257,658.26. This trade represents a 47.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 57,454 shares of company stock worth $5,889,371 over the last ninety days. 2.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Akamai Technologies

Hedge funds and other institutional investors have recently modified their holdings of the company. First Trust Advisors LP raised its position in shares of Akamai Technologies by 16.5% during the fourth quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock worth $589,112,000 after purchasing an additional 957,345 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Akamai Technologies by 11.2% during the first quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock worth $397,881,000 after acquiring an additional 349,451 shares in the last quarter. Nordea Investment Management AB increased its position in shares of Akamai Technologies by 39.9% during the third quarter. Nordea Investment Management AB now owns 3,437,472 shares of the technology infrastructure company’s stock worth $258,739,000 after acquiring an additional 980,966 shares in the last quarter. Invesco Ltd. lifted its position in Akamai Technologies by 5.8% in the 3rd quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock valued at $245,394,000 after acquiring an additional 177,756 shares in the last quarter. Finally, Norges Bank bought a new position in Akamai Technologies in the 4th quarter valued at about $192,959,000. Institutional investors own 94.28% of the company’s stock.

Akamai Technologies News Roundup

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

  • Positive Sentiment: Akamai announced a long‑term commercial win: a leading frontier model provider committed roughly $1.8 billion over seven years for Cloud Infrastructure Services — the primary driver cited for the premarket surge. CNBC: Cloud deal GlobeNewswire: Q1 release
  • Positive Sentiment: Heavy bullish options flow: unusual buying of ~21,136 call contracts (≈ +173% vs typical), indicating traders are positioning for further upside. (Source summary)
  • Positive Sentiment: Multiple analysts raised targets and/or upgraded the stock this morning — Guggenheim bumped its target to $181 (buy), Craig Hallum upgraded to buy with $190 PT, UBS raised its target to $160 (neutral), and Piper Sandler lifted its target to $156 — signaling improved sell‑side sentiment following the deal and results. MarketScreener: UBS Benzinga: upgrades
  • Neutral Sentiment: Q1 results were roughly in line with consensus on a non‑GAAP basis (EPS ~ $1.61) and revenue of ~$1.07B, with cloud and security growth noted — the print itself was not a large surprise. MarketBeat: Q1 results Zacks: Q1 recap
  • Neutral Sentiment: Management provided FY26 guidance that was modestly ahead of consensus on EPS range but Q2 guidance was conservative; investors are parsing the mix between stronger FY visibility from the deal versus near‑term softness. GlobeNewswire: guidance
  • Negative Sentiment: Street caution: Reuters and other outlets highlighted that Akamai’s Q2 profit/revenue outlook came in below some analyst expectations, reflecting high memory costs and cautious enterprise spending — a possible reason for profit‑taking or volatility despite the headline deal. Reuters: Q2 forecast below expectations
  • Negative Sentiment: GAAP net income and GAAP EPS declined year‑over‑year (GAAP EPS down ~13%), which some investors view as weakening near‑term profitability despite non‑GAAP beats and long‑term contract wins. GlobeNewswire: financials

Akamai Technologies Company Profile

(Get Free Report)

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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Analyst Recommendations for Akamai Technologies (NASDAQ:AKAM)

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