Akamai Technologies (NASDAQ:AKAM) Announces FY 2026 Earnings Guidance

Akamai Technologies (NASDAQ:AKAM) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 6.470-6.680 for the period, compared to the consensus EPS estimate of 6.030. The company issued revenue guidance of $4.4 billion-$4.5 billion, compared to the consensus revenue estimate of $4.5 billion. Akamai Technologies also updated its Q4 2026 guidance to 1.500-1.700 EPS.

Akamai Technologies Trading Down 9.3%

Shares of NASDAQ:AKAM traded down $7.97 during trading on Thursday, reaching $77.96. The stock had a trading volume of 7,173,756 shares, compared to its average volume of 4,696,521. 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 has a market cap of $11.20 billion, a P/E ratio of 28.04, a PEG ratio of 4.07 and a beta of 0.65. The business has a fifty day moving average price of $102.72 and a 200-day moving average price of $112.35. Akamai Technologies has a fifty-two week low of $71.93 and a fifty-two week high of $165.45.

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, topping analysts’ consensus estimates of $1.57 by $0.02. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter last year, the business earned $1.73 earnings per share. Akamai Technologies’s revenue was up 5.4% compared to the same quarter last year. As a group, analysts anticipate that Akamai Technologies will post 3.58 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AKAM has been the subject of a number of research analyst reports. Raymond James Financial raised shares of Akamai Technologies from an “outperform” rating to a “strong-buy” rating and set a $170.00 price objective for the company in a research note on Tuesday, October 20th. Citigroup cut their price objective on Akamai Technologies from $160.00 to $122.00 and set a “neutral” rating on the stock in a research report on Friday, September 4th. Zacks Research raised shares of Akamai Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. HSBC cut Akamai Technologies from a “buy” rating to a “hold” rating and cut their price target for the stock from $171.00 to $123.00 in a research note on Monday, August 10th. Finally, DA Davidson reduced their price objective on shares of Akamai Technologies from $185.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, September 28th. One research 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. Based on data from MarketBeat, Akamai Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $145.24.

Insider Transactions at Akamai Technologies

In related news, EVP Paul C. Joseph sold 3,100 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $105.63, for a total value of $327,453.00. Following the sale, the executive vice president directly owned 28,472 shares in the company, valued at $3,007,497.36. This trade represents a 9.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $257,664.00. Following the transaction, the executive vice president directly owned 57,197 shares in the company, valued at $7,321,216. This trade represents a 3.40% 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. Over the last quarter, insiders sold 12,135 shares of company stock worth $1,467,221. Insiders own 2.30% of the company’s stock.

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.