Akamai Technologies, Inc. (NASDAQ:AKAM) Stock Rated “Hold” by Wall Street Analysts

Akamai Technologies, Inc. (NASDAQ:AKAM) has been given an average rating of “Hold” by the twenty-four brokerages that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $150.10.

Several analysts have recently weighed in on AKAM shares. Weiss Ratings restated a “hold (c)” rating on shares of Akamai Technologies in a report on Monday, September 21st. Susquehanna dropped their price objective on shares of Akamai Technologies from $175.00 to $140.00 and set a “positive” rating for the company in a report on Monday, August 10th. TD Cowen lifted their target price on shares of Akamai Technologies from $140.00 to $149.00 and gave the stock a “hold” rating in a research report on Friday, September 25th. Wall Street Zen downgraded shares of Akamai Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, September 26th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Akamai Technologies from $158.00 to $167.00 and gave the stock a “neutral” rating in a report on Friday, September 25th.

Insider Activity

In other news, EVP Kim Salem-Jackson sold 2,013 shares of the firm’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of $128.00, for a total transaction of $257,664.00. Following the completion of the transaction, the executive vice president owned 57,197 shares of the company’s stock, valued at approximately $7,321,216. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mani Sundaram sold 7,022 shares of Akamai Technologies stock in a transaction on Friday, September 25th. The stock was sold at an average price of $125.62, for a total transaction of $882,103.64. Following the transaction, the executive vice president owned 14,625 shares in the company, valued at approximately $1,837,192.50. This trade represents a 32.44% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 12,135 shares of company stock valued at $1,467,221. Insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AKAM. EverSource Wealth Advisors LLC raised its position in shares of Akamai Technologies by 3.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,356 shares of the technology infrastructure company’s stock worth $271,000 after acquiring an additional 70 shares in the last quarter. Tema ETFs LLC lifted its stake in shares of Akamai Technologies by 9.5% in the 2nd quarter. Tema ETFs LLC now owns 1,664 shares of the technology infrastructure company’s stock valued at $197,000 after purchasing an additional 145 shares during the period. Forza Wealth Management LLC boosted its position in shares of Akamai Technologies by 2.0% during the 1st quarter. Forza Wealth Management LLC now owns 8,009 shares of the technology infrastructure company’s stock valued at $920,000 after purchasing an additional 159 shares in the last quarter. Groupama Asset Managment boosted its position in shares of Akamai Technologies by 6.0% during the 1st quarter. Groupama Asset Managment now owns 3,383 shares of the technology infrastructure company’s stock valued at $389,000 after purchasing an additional 191 shares in the last quarter. Finally, Inceptionr LLC boosted its position in shares of Akamai Technologies by 1.6% during the 4th quarter. Inceptionr LLC now owns 12,351 shares of the technology infrastructure company’s stock valued at $1,078,000 after purchasing an additional 194 shares in the last quarter. 94.28% of the stock is owned by institutional investors.

Akamai Technologies Stock Performance

Shares of AKAM stock opened at $106.95 on Wednesday. The firm has a market capitalization of $15.37 billion, a P/E ratio of 38.47, a P/E/G ratio of 5.03 and a beta of 0.62. Akamai Technologies has a twelve month low of $70.82 and a twelve month high of $165.45. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.23. The stock’s fifty day simple moving average is $111.03 and its 200 day simple moving average is $118.78.

Akamai Technologies (NASDAQ:AKAM) last posted its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.57 by $0.02. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period last year, the company earned $1.73 earnings per share. The business’s quarterly revenue was up 5.4% on a year-over-year basis. 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. As a group, sell-side analysts predict that Akamai Technologies will post 3.58 EPS for the current fiscal year.

Akamai Technologies Company Profile

Akamai Technologies, Inc (NASDAQ: AKAM) provides cloud computing, cybersecurity and content delivery services for businesses and public-sector organizations. Its distributed edge platform helps customers deliver websites, applications, media and other digital experiences while improving performance, availability and scalability.

The company’s services include web and application performance optimization, content delivery, cloud infrastructure, application and API security, distributed denial-of-service protection, zero-trust security and bot management.