Akamai Technologies (NASDAQ:AKAM) Price Target Raised to $140.00 at TD Cowen

Akamai Technologies (NASDAQ:AKAM) had its target price upped by research analysts at TD Cowen from $135.00 to $140.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “hold” rating on the technology infrastructure company’s stock. TD Cowen’s price target suggests a potential upside of 26.65% from the stock’s previous close.

AKAM has been the subject of a number of other reports. HSBC boosted their price target on Akamai Technologies from $134.00 to $171.00 in a report on Monday, May 11th. JPMorgan Chase & Co. raised their price objective on Akamai Technologies from $72.00 to $100.00 in a research note on Friday, May 8th. Citigroup lifted their price objective on shares of Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a report on Friday, May 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Akamai Technologies in a report on Wednesday, June 24th. Finally, Zacks Research upgraded shares of Akamai Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Twelve analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $146.14.

Akamai Technologies Stock Down 6.8%

Shares of Akamai Technologies stock traded down $8.01 during trading on Friday, reaching $110.54. The company had a trading volume of 7,980,728 shares, compared to its average volume of 4,726,952. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06. Akamai Technologies has a fifty-two week low of $69.78 and a fifty-two week high of $165.45. The firm’s fifty day moving average is $125.55 and its 200-day moving average is $115.83. The company has a market cap of $16.07 billion, a price-to-earnings ratio of 37.22, a price-to-earnings-growth ratio of 5.19 and a beta of 0.63.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.02. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period last year, the firm earned $1.73 earnings per share. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. On average, analysts anticipate that Akamai Technologies will post 3.91 EPS for the current year.

Insider Buying and Selling

In other Akamai Technologies news, CTO Robert Blumofe sold 243 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total value of $31,446.63. Following the sale, the chief technology officer owned 31,006 shares in the company, valued at approximately $4,012,486.46. This trade represents a 0.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the transaction, the executive vice president owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. This represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Sarver Vrooman Wealth Advisors acquired a new stake in Akamai Technologies in the fourth quarter worth about $31,000. Root Financial Partners LLC raised its position in shares of Akamai Technologies by 45.8% during the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock worth $31,000 after buying an additional 110 shares in the last quarter. WealthCollab LLC raised its position in shares of Akamai Technologies by 154.2% during the 4th quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock worth $34,000 after buying an additional 239 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Akamai Technologies in the 2nd quarter worth approximately $32,000. Finally, Cedar Mountain Advisors LLC bought a new position in shares of Akamai Technologies in the first quarter valued at approximately $47,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Trending Headlines about Akamai Technologies

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

• Positive Sentiment: Akamai reported second-quarter revenue of approximately $1.10 billion, up 5.4% year over year and above estimates, while adjusted EPS of $1.59 also topped consensus. Demand remained strong across cloud infrastructure and cybersecurity services. Akamai beats quarterly estimates on cloud infrastructure demand
• Positive Sentiment: The company announced a cloud infrastructure services contract valued at more than $600 million, supporting AI and robotics workloads. The agreement reinforces Akamai’s positioning in the expanding AI infrastructure market. Akamai Stock Is Solidly Part of the AI Trade After Earnings
• Positive Sentiment: Third-quarter EPS guidance of $1.60–$1.80 exceeded the $1.56 consensus, and full-year EPS guidance of $6.40–$7.05 was above the $6.15 analyst estimate, indicating management remains confident in profitability.
• Positive Sentiment: Guggenheim raised its price target from $181 to $190 and maintained a “buy” rating, citing substantial potential from Akamai’s AI-led growth. Benzinga analyst action
• Neutral Sentiment: Analyst sentiment was mixed after the report. Piper Sandler lowered its target to $140 and adopted a “neutral” rating, while RBC cut its target to $135 and rated the stock “sector perform.” Both targets remain above the current trading level. Akamai analyst price target changes
• Negative Sentiment: Investors appear concerned that the AI buildout will require substantial capital expenditures and could pressure margins, leverage and near-term cash flow. Second-quarter EPS also declined from $1.73 a year earlier despite revenue growth.
• Negative Sentiment: Full-year revenue guidance of $4.4–$4.5 billion was roughly in line with, but slightly below, the $4.5 billion consensus, while quarterly revenue guidance offered limited upside. The muted outlook may be outweighing the earnings beat.

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.