Piper Sandler Reiterates Neutral Rating for Akamai Technologies (NASDAQ:AKAM)

Akamai Technologies (NASDAQ:AKAM)‘s stock had its “neutral” rating reaffirmed by research analysts at Piper Sandler in a research note issued to investors on Friday,Benzinga reports. They presently have a $156.00 target price on the technology infrastructure company’s stock, up from their previous target price of $114.00. Piper Sandler’s target price points to a potential upside of 10.83% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. Scotiabank lifted their price target on Akamai Technologies from $105.00 to $120.00 and gave the stock a “sector outperform” rating in a research note on Friday, February 20th. TD Cowen decreased their price objective on shares of Akamai Technologies from $104.00 to $100.00 and set a “hold” rating for the company in a research note on Friday, February 20th. KeyCorp increased 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. Raymond James Financial set a $120.00 price target on Akamai Technologies in a research report on Thursday, March 12th. Finally, Guggenheim upped their target price on Akamai Technologies from $133.00 to $181.00 and gave the company a “buy” rating in a report on Friday. Eleven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Akamai Technologies has a consensus rating of “Hold” and an average target price of $124.90.

Akamai Technologies Trading Up 20.6%

Shares of NASDAQ:AKAM traded up $24.07 during trading on Friday, reaching $140.76. 9,765,786 shares of the stock were exchanged, compared to its average volume of 4,680,602. Akamai Technologies has a 12-month low of $69.78 and a 12-month high of $145.45. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.36 and a current ratio of 2.36. The firm has a market cap of $20.41 billion, a price-to-earnings ratio of 45.56, a price-to-earnings-growth ratio of 4.19 and a beta of 0.45. The firm’s 50-day moving average price is $105.43 and its 200 day moving average price is $94.85.

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

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, EVP Mani Sundaram sold 8,642 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $101.25, for a total transaction of $875,002.50. Following the sale, the executive vice president directly owned 19,923 shares of the company’s stock, valued at $2,017,203.75. The trade was a 30.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Jon Miller sold 11,000 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $102.67, for a total value of $1,129,370.00. Following the sale, the director owned 22,806 shares in the company, valued at $2,341,492.02. The trade was a 32.54% decrease in their position. 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 quarter. Corporate insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. grew its holdings in 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 period. TD Waterhouse Canada Inc. lifted 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 valued at $26,000 after buying an additional 195 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Akamai Technologies by 566.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after acquiring an additional 289 shares during the period. JFS Wealth Advisors LLC increased its holdings in shares of Akamai Technologies by 626.2% during the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after acquiring an additional 263 shares during the last quarter. Finally, Wolff Wiese Magana LLC raised 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 acquiring an additional 333 shares during the period. Institutional investors own 94.28% of the company’s stock.

Key Stories Impacting Akamai Technologies

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

• Positive Sentiment: Announced a $1.8 billion, seven‑year commitment from a leading frontier model provider for Cloud Infrastructure Services (big revenue visibility and long‑dated demand). Akamai Reports First Quarter 2026 Financial Results
• Positive Sentiment: Cloud Infrastructure Services revenue jumped ~40% YoY and Security revenue was up ~11% YoY, signaling product‑level strength that supports higher margin streams. Akamai Reports First Quarter 2026 Financial Results
• Positive Sentiment: Broker upgrade: Craig Hallum raised Akamai from Hold to Buy with a $190 price target, providing additional buy‑side validation. (Upgrade noted in market reports.)
• Neutral Sentiment: Q1 results were essentially in line with expectations — $1.61 EPS and ~$1.07B revenue — so the quarter itself was not a surprise; the market reaction is driven more by the new contract and guidance mix. Akamai Technologies (AKAM) Meets Q1 Earnings Estimates
• Negative Sentiment: Guidance headwinds: Akamai forecast Q2 profit and revenue below Wall Street expectations and cited higher memory costs and cautious enterprise spending — a near‑term drag on forward estimates. Akamai Technologies forecasts quarterly results below expectations

Akamai Technologies Company Profile

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.