Brokerages Set Akamai Technologies, Inc. (NASDAQ:AKAM) Price Target at $108.84

Akamai Technologies, Inc. (NASDAQ:AKAM) has been assigned a consensus recommendation of “Hold” from the twenty-one analysts that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $108.8421.

A number of brokerages have weighed in on AKAM. Jefferies Financial Group downgraded shares of Akamai Technologies to an “underperform” rating in a research report on Monday, December 15th. Royal Bank Of Canada raised their price objective on Akamai Technologies from $90.00 to $100.00 and gave the company a “sector perform” rating in a report on Friday, February 20th. The Goldman Sachs Group increased their target price on Akamai Technologies from $69.00 to $76.00 and gave the company a “sell” rating in a research report on Friday, February 20th. KeyCorp boosted their price target on shares of Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Finally, Susquehanna lifted their target price on shares of Akamai Technologies from $105.00 to $120.00 and gave the company a “positive” rating in a research report on Friday, February 20th.

Insider Buying and Selling

In other Akamai Technologies news, CTO Robert Blumofe sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $108.00, for a total transaction of $378,000.00. Following the completion of the sale, the chief technology officer directly owned 14,574 shares in the company, valued at approximately $1,573,992. The trade was a 19.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Laura Howell sold 11,273 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $100.14, for a total value of $1,128,878.22. Following the transaction, the chief accounting officer directly owned 12,559 shares of the company’s stock, valued at $1,257,658.26. The trade was a 47.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 43,591 shares of company stock worth $4,096,133 in the last quarter. 2.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of 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 buying an additional 2,022 shares during the last quarter. Jones Financial Companies Lllp grew its stake in 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 acquiring an additional 283 shares in the last quarter. United Services Automobile Association acquired a new stake in Akamai Technologies in the 1st quarter valued at about $266,000. Empowered Funds LLC lifted its stake in 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 purchasing an additional 3,010 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of Akamai Technologies by 5.2% during the 2nd quarter. D.A. Davidson & CO. now owns 10,011 shares of the technology infrastructure company’s stock worth $798,000 after purchasing an additional 491 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Akamai Technologies Stock Down 0.1%

Shares of AKAM stock opened at $99.90 on Tuesday. Akamai Technologies has a twelve month low of $67.51 and a twelve month high of $113.50. The stock has a market cap of $14.47 billion, a P/E ratio of 32.44, a P/E/G ratio of 3.34 and a beta of 0.70. The stock has a 50 day moving average of $94.63 and a 200 day moving average of $84.77. The company has a current ratio of 2.36, a quick ratio of 2.28 and a debt-to-equity ratio of 0.82.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.09. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter last year, the company earned $1.66 EPS. The business’s revenue was up 7.4% on a year-over-year basis. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. As a group, sell-side analysts expect that Akamai Technologies will post 4.6 EPS for the current year.

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.