Akamai Technologies (NASDAQ:AKAM – Get Free Report) had its price objective raised by Guggenheim from $133.00 to $181.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the technology infrastructure company’s stock. Guggenheim’s target price would indicate a potential upside of 26.93% from the company’s previous close.
Several other brokerages have also recently issued reports on AKAM. Morgan Stanley upped their target price on Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Oppenheimer boosted their price target on shares of Akamai Technologies from $115.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. DA Davidson raised 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. UBS Group boosted their target price on shares of Akamai Technologies from $90.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Finally, 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. Eleven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $120.30.
View Our Latest Report on Akamai Technologies
Akamai Technologies Price Performance
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last issued its 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. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the previous year, the firm posted $1.66 EPS. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. 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, equities analysts anticipate that Akamai Technologies will post 4.17 EPS for the current fiscal year.
Insider Activity
In other Akamai Technologies news, 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 value of $1,129,370.00. Following the transaction, the director directly owned 22,806 shares in the company, valued at approximately $2,341,492.02. The trade was a 32.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Laura Howell sold 11,273 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $100.14, for a total transaction of $1,128,878.22. Following the completion of the sale, the chief accounting officer directly owned 12,559 shares of the company’s stock, valued at $1,257,658.26. The trade was a 47.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 57,454 shares of company stock worth $5,889,371 over the last 90 days. 2.30% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of AKAM. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Akamai Technologies by 295.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock worth $26,000 after purchasing an additional 251 shares during the last quarter. TD Waterhouse Canada Inc. lifted its holdings in shares of Akamai Technologies by 130.0% during 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 grew its position in Akamai Technologies by 566.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after buying an additional 289 shares during the last quarter. JFS Wealth Advisors LLC increased its stake in Akamai Technologies by 626.2% in the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after buying an additional 263 shares during the period. Finally, Wolff Wiese Magana LLC increased its stake in Akamai Technologies by 497.0% in the 3rd quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock valued at $30,000 after buying an additional 333 shares during the period. 94.28% of the stock is currently owned by hedge funds and other institutional investors.
Key Akamai Technologies News
Here are the key news stories impacting Akamai Technologies this week:
- Positive Sentiment: Q1 results: Revenue of $1.074B (+6% YoY) and non‑GAAP EPS of $1.61; Cloud Infrastructure and Security revenue grew strongly, highlighting product demand. Akamai Reports First Quarter 2026 Financial Results
- Positive Sentiment: Raised FY26 outlook: Company narrowed/raised FY26 EPS guidance to 6.400–7.150 and reiterated full‑year revenue range, which investors interpreted as constructive for growth expectations. Why Akamai Shares Are Trading Higher By 26%; Here Are 20 Stocks Moving Premarket
- Positive Sentiment: Large customer/commitment: A leading frontier model provider committed $1.8B over seven years to Akamai’s Cloud Infrastructure Services, supporting long‑term revenue visibility in a strategic segment. Akamai Reports First Quarter 2026 Financial Results
- Neutral Sentiment: Market reaction details: After‑hours and premarket headlines report large intraday moves (jumped overnight and continued higher premarket) as traders priced in the beat/guidance mix. Akamai Technologies (AKAM) Stock Pops Over 29% Overnight
- Neutral Sentiment: Conference call/transcript available for color on margin dynamics, product traction, and sales commentary; useful for investors wanting management detail. Akamai Technologies, Inc. (AKAM) Q1 2026 Earnings Call Transcript
- Negative Sentiment: Q2 guidance and near‑term headwinds: Management forecasted Q2 profit and revenue below some Street expectations and flagged higher memory costs and cautious enterprise spending, which is a key reason for mixed analyst reactions. Akamai Technologies forecasts quarterly results below expectations
- Negative Sentiment: GAAP profitability and some year‑over‑year EPS softness: GAAP EPS declined and non‑GAAP EPS is down slightly YoY, which could temper expectations if headwinds persist. Akamai Reports First Quarter 2026 Financial Results
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.
Further Reading
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