Akamai Technologies (NASDAQ:AKAM) Updates Q3 2026 Earnings Guidance

Akamai Technologies (NASDAQ:AKAM) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.600-1.800 for the period, compared to the consensus earnings per share estimate of 1.560. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. Akamai Technologies also updated its FY 2026 guidance to 6.400-7.050 EPS.

Akamai Technologies Stock Performance

NASDAQ AKAM opened at $118.55 on Friday. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $17.23 billion, a price-to-earnings ratio of 39.92, a PEG ratio of 5.19 and a beta of 0.63. Akamai Technologies has a twelve month low of $69.78 and a twelve month high of $165.45. The stock has a 50-day moving average of $125.55 and a 200 day moving average of $115.83.

Akamai Technologies (NASDAQ:AKAM) last issued its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.02. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.73 EPS. 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. Sell-side analysts anticipate that Akamai Technologies will post 3.91 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on AKAM shares. Royal Bank Of Canada raised their price objective on Akamai Technologies from $100.00 to $150.00 and gave the stock a “sector perform” rating in a report on Friday, May 8th. Citigroup upped their price objective on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. Guggenheim increased their price target on Akamai Technologies from $133.00 to $181.00 and gave the stock a “buy” rating in a report on Friday, May 8th. JPMorgan Chase & Co. boosted their price target on shares of Akamai Technologies from $72.00 to $100.00 in a research note on Friday, May 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Akamai Technologies in a research note on Wednesday, June 24th. Twelve analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $145.29.

Insider Transactions at Akamai Technologies

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

Akamai Technologies News Summary

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

• Positive Sentiment: Quarterly results exceeded expectations. Akamai reported adjusted EPS of $1.59 versus the $1.57 consensus estimate and revenue of approximately $1.10 billion versus $1.09 billion expected. Revenue increased 5.4% year over year, supported by demand for security and cloud infrastructure services. Akamai beats quarterly estimates on cloud infrastructure demand
• Positive Sentiment: Profit guidance was raised relative to analyst expectations. Akamai guided for third-quarter EPS of $1.60–$1.80, above the $1.56 consensus, and full-year 2026 EPS of $6.40–$7.05, compared with the $6.15 consensus. Full-year revenue guidance of $4.4–$4.5 billion was broadly in line with expectations. Akamai beats Q2 earnings and revenue estimates
• Positive Sentiment: Broader software-sector sentiment improved. Solid earnings from software companies helped ease concerns that artificial intelligence could disrupt traditional technology businesses, providing a supportive backdrop for Akamai. Akamai, Atlassian, Cloudflare, JFrog, and More Stocks That Explain Today’s Market
• Neutral Sentiment: Akamai highlighted security developments involving AI-browser exploits, underscoring the relevance of its cybersecurity offerings, though the report did not identify a material near-term financial impact. Akamai uncovers AI browser exploits
• Negative Sentiment: Earnings quality and investment concerns remain. EPS declined from $1.73 a year earlier despite the revenue increase. Akamai’s large AI infrastructure commitment requires substantial capital spending and additional borrowing, raising concerns about leverage, margins, and how quickly the investment will generate returns.
• Negative Sentiment: Reports of insider activity showed sales and no open-market purchases among listed executives over the past six months, potentially adding to cautious investor sentiment ahead of and following the earnings release.

Institutional Trading of Akamai Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC grew its holdings in Akamai Technologies by 101.4% in the fourth quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company’s stock valued at $384,000 after purchasing an additional 2,022 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Akamai Technologies by 35.2% during the 1st quarter. Jones Financial Companies Lllp now owns 1,087 shares of the technology infrastructure company’s stock valued at $88,000 after buying an additional 283 shares during the period. United Services Automobile Association acquired a new stake in shares of Akamai Technologies during the 1st quarter worth $266,000. Empowered Funds LLC raised its position in shares of Akamai Technologies by 73.0% in the 1st quarter. Empowered Funds LLC now owns 7,134 shares of the technology infrastructure company’s stock worth $574,000 after buying an additional 3,010 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in Akamai Technologies by 152.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,163 shares of the technology infrastructure company’s stock valued at $93,000 after acquiring an additional 703 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

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.