Akamai Technologies (NASDAQ:AKAM) Stock Gets Price Target Trim from UBS Group

Akamai Technologies (NASDAQ:AKAM) had its price target lowered by UBS Group from $148.00 to $100.00 in a research note released on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the technology infrastructure company’s stock.

A number of other brokerages have also weighed in on AKAM. HSBC lowered shares of Akamai Technologies from a “buy” rating to a “hold” rating and reduced their price target for the stock from $171.00 to $123.00 in a research note on Monday, August 10th. Piper Sandler lowered their price objective on shares of Akamai Technologies from $158.00 to $120.00 and set an “overweight” rating on the stock in a research note on Wednesday. Wall Street Zen raised Akamai Technologies from a “sell” rating to a “hold” rating in a report on Saturday, October 17th. President Capital upped their target price on Akamai Technologies from $150.00 to $168.00 and gave the stock a “buy” rating in a research report on Wednesday, September 30th. Finally, JPMorgan Chase & Co. increased their price target on Akamai Technologies from $158.00 to $167.00 and gave the company a “neutral” rating in a research note on Friday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $146.00.

Akamai Technologies Price Performance

Shares of NASDAQ AKAM opened at $93.53 on Thursday. The stock has a market cap of $13.44 billion, a P/E ratio of 33.64, a P/E/G ratio of 4.40 and a beta of 0.62. The firm’s 50-day simple moving average is $105.53 and its 200 day simple moving average is $117.13. Akamai Technologies has a fifty-two week low of $70.82 and a fifty-two week 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.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.02. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. Akamai Technologies’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior 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. Equities analysts expect that Akamai Technologies will post 3.58 EPS for the current year.

Insider Buying and Selling at Akamai Technologies

In other news, EVP Mani Sundaram sold 7,022 shares of Akamai Technologies stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $125.62, for a total value of $882,103.64. Following the transaction, the executive vice president owned 14,625 shares of the company’s stock, valued at $1,837,192.50. The trade was a 32.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,013 shares of the business’s stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $128.00, for a total transaction of $257,664.00. Following the completion of the sale, the executive vice president owned 57,197 shares in the company, valued at $7,321,216. The trade was a 3.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 12,135 shares of company stock valued at $1,467,221. 2.30% of the stock is owned by insiders.

Institutional Trading of Akamai Technologies

Large investors have recently added to or reduced their stakes in the business. Farmers & Merchants Investments Inc. increased its holdings in shares of Akamai Technologies by 153.7% in the third quarter. Farmers & Merchants Investments Inc. now owns 274 shares of the technology infrastructure company’s stock valued at $29,000 after buying an additional 166 shares in the last quarter. Silvant Capital Management LLC acquired a new stake in shares of Akamai Technologies during the 2nd quarter valued at $32,000. Cedar Mountain Advisors LLC acquired a new stake in shares of Akamai Technologies during the 1st quarter valued at $47,000. Persistent Asset Partners Ltd bought a new stake in shares of Akamai Technologies during the 2nd quarter worth $54,000. Finally, Pension & Wealth Management Advisors Inc. boosted its stake in shares of Akamai Technologies by 43.1% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 644 shares of the technology infrastructure company’s stock worth $68,000 after acquiring an additional 194 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

Akamai Technologies Company Profile

Akamai Technologies, Inc provides cloud, cybersecurity and content-delivery services that help organizations operate and protect applications, websites and digital media over the internet. Its distributed edge platform is designed to deliver online content closer to end users while improving performance, availability and resilience.

The company’s services include content delivery and application performance solutions, cloud computing capabilities, web and application security, distributed denial-of-service protection, bot management and zero-trust security tools.