What is Zacks Research’s Forecast for AKAM FY2027 Earnings?

Akamai Technologies, Inc. (NASDAQ:AKAMFree Report) – Analysts at Zacks Research lifted their FY2027 earnings per share estimates for shares of Akamai Technologies in a research note issued to investors on Thursday, January 8th. Zacks Research analyst Team now anticipates that the technology infrastructure company will earn $4.63 per share for the year, up from their prior estimate of $4.62. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.60 per share.

Other equities research analysts have also recently issued research reports about the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Akamai Technologies in a research note on Monday, December 29th. Piper Sandler upped their price target on shares of Akamai Technologies from $86.00 to $89.00 and gave the company a “neutral” rating in a research report on Monday. DA Davidson reaffirmed a “buy” rating and set a $115.00 price objective on shares of Akamai Technologies in a research note on Thursday, October 16th. Scotiabank decreased their price objective on Akamai Technologies from $95.00 to $94.00 and set a “hold” rating on the stock in a report on Friday, November 7th. Finally, TD Cowen increased their target price on Akamai Technologies from $98.00 to $104.00 and gave the company a “hold” rating in a report on Thursday, November 13th. Five research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Akamai Technologies currently has an average rating of “Hold” and a consensus price target of $92.89.

Read Our Latest Stock Report on AKAM

Akamai Technologies Stock Down 2.8%

Shares of NASDAQ AKAM opened at $85.71 on Friday. The stock has a market capitalization of $12.33 billion, a P/E ratio of 25.13, a PEG ratio of 3.18 and a beta of 0.68. Akamai Technologies has a one year low of $67.51 and a one year high of $103.75. The firm’s 50 day simple moving average is $86.23 and its two-hundred day simple moving average is $80.09. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.28 and a quick ratio of 2.28.

Akamai Technologies (NASDAQ:AKAMGet Free Report) last announced its quarterly earnings data on Thursday, November 6th. The technology infrastructure company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.64 by $0.22. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.04 billion. Akamai Technologies had a return on equity of 14.16% and a net margin of 12.26%.The company’s revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.59 EPS. Akamai Technologies has set its FY 2025 guidance at 6.930-7.130 EPS and its Q4 2025 guidance at 1.650-1.850 EPS.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in AKAM. True Wealth Design LLC boosted its stake in shares of Akamai Technologies by 60.3% during the 4th quarter. True Wealth Design LLC now owns 654 shares of the technology infrastructure company’s stock valued at $57,000 after purchasing an additional 246 shares in the last quarter. CWA Asset Management Group LLC purchased a new stake in Akamai Technologies in the fourth quarter worth about $257,000. Hilltop National Bank bought a new stake in Akamai Technologies during the 4th quarter valued at approximately $76,000. Everhart Financial Group Inc. purchased a new position in shares of Akamai Technologies during the 4th quarter worth approximately $220,000. Finally, Central Pacific Bank Trust Division purchased a new position in shares of Akamai Technologies during the 4th quarter worth approximately $116,000. 94.28% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, COO Adam Karon sold 3,320 shares of Akamai Technologies stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $87.30, for a total value of $289,836.00. Following the sale, the chief operating officer directly owned 7,785 shares in the company, valued at approximately $679,630.50. This trade represents a 29.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Edward J. Mcgowan sold 6,560 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $88.03, for a total value of $577,476.80. Following the transaction, the chief financial officer directly owned 16,442 shares in the company, valued at $1,447,389.26. This trade represents a 28.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 23,818 shares of company stock valued at $2,099,904 over the last three months. Company insiders own 2.00% of the company’s stock.

About Akamai Technologies

(Get Free Report)

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.

See Also

Earnings History and Estimates for Akamai Technologies (NASDAQ:AKAM)

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