Akamai Technologies, Inc. (NASDAQ:AKAM) Given Average Recommendation of “Hold” by Brokerages

Akamai Technologies, Inc. (NASDAQ:AKAM) has received an average recommendation of “Hold” from the twenty-four research firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have issued a buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $144.1429.

AKAM has been the subject of a number of analyst reports. The Goldman Sachs Group boosted their price objective on Akamai Technologies from $76.00 to $87.00 and gave the stock a “sell” rating in a research report on Friday, May 8th. Guggenheim raised their target price on shares of Akamai Technologies from $181.00 to $190.00 and gave the company a “buy” rating in a report on Friday, August 7th. Morgan Stanley lifted their price target on shares of Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Raymond James Financial boosted their price target on shares of Akamai Technologies from $140.00 to $170.00 in a report on Monday, May 11th. Finally, UBS Group boosted their price target on shares of Akamai Technologies from $125.00 to $143.00 and gave the stock a “neutral” rating in a report on Friday, August 7th.

Insider Buying and Selling at Akamai Technologies

In related news, CTO Robert Blumofe sold 243 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total transaction of $31,446.63. Following the completion of the transaction, the chief technology officer owned 31,006 shares in the company, valued at approximately $4,012,486.46. The trade was a 0.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total value of $311,811.00. Following the completion of the transaction, the executive vice president directly owned 59,210 shares in the company, valued at $8,027,099.70. This trade represents a 3.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Akamai Technologies

Several institutional investors have recently added to or reduced their stakes in AKAM. CYBER HORNET ETFs LLC increased its stake in Akamai Technologies by 3,817.7% in the second quarter. CYBER HORNET ETFs LLC now owns 15,514 shares of the technology infrastructure company’s stock valued at $1,834,000 after purchasing an additional 15,118 shares during the last quarter. California State Teachers Retirement System lifted its position in shares of Akamai Technologies by 11,945.9% during the 2nd quarter. California State Teachers Retirement System now owns 20,219,939 shares of the technology infrastructure company’s stock worth $2,390,199,000 after buying an additional 20,052,082 shares during the last quarter. HB Wealth Management LLC boosted its holdings in shares of Akamai Technologies by 33.0% in the 2nd quarter. HB Wealth Management LLC now owns 5,859 shares of the technology infrastructure company’s stock valued at $693,000 after buying an additional 1,454 shares in the last quarter. AlphaGrep UK Ltd acquired a new position in shares of Akamai Technologies in the 2nd quarter valued at $211,000. Finally, Timbuktu Capital Management LLC purchased a new position in shares of Akamai Technologies in the 2nd quarter valued at $244,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Akamai Technologies Stock Down 4.3%

Shares of NASDAQ AKAM opened at $105.66 on Tuesday. The stock has a market cap of $15.19 billion, a P/E ratio of 38.01, a PEG ratio of 5.07 and a beta of 0.63. The business’s fifty day simple moving average is $118.60 and its 200-day simple moving average is $117.50. Akamai Technologies has a 12-month low of $70.82 and a 12-month high of $165.45. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.23.

Akamai Technologies (NASDAQ:AKAM) last released its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, topping 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 analysts’ expectations of $1.09 billion. During the same period in the previous year, the firm posted $1.73 EPS. Akamai Technologies’s revenue for the quarter 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, equities analysts predict that Akamai Technologies will post 3.67 EPS for the current fiscal year.

Akamai Technologies Company Profile

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.