Q3 EPS Forecast for Akamai Technologies Increased by Analyst

Akamai Technologies, Inc. (NASDAQ:AKAM) – Research analysts at Zacks Research raised their Q3 2026 earnings estimates for Akamai Technologies in a research note issued to investors on Wednesday, August 26th. Zacks Research analyst Team now forecasts that the technology infrastructure company will post earnings per share of $1.00 for the quarter, up from their prior forecast of $0.99. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Akamai Technologies’ current full-year earnings is $3.67 per share. Zacks Research also issued estimates for Akamai Technologies’ Q4 2026 earnings at $1.12 EPS, FY2026 earnings at $3.79 EPS, Q1 2027 earnings at $0.87 EPS, Q2 2027 earnings at $0.83 EPS, Q3 2027 earnings at $1.13 EPS, Q4 2027 earnings at $1.09 EPS, FY2027 earnings at $3.92 EPS, Q1 2028 earnings at $1.03 EPS, Q2 2028 earnings at $1.13 EPS and FY2028 earnings at $4.69 EPS.

Several other equities research analysts also recently issued reports on AKAM. Morgan Stanley increased their target price on Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a research note on Wednesday, June 24th. Raymond James Financial increased their price objective on Akamai Technologies from $140.00 to $170.00 in a report on Monday, May 11th. JPMorgan Chase & Co. upgraded Akamai Technologies from an “underweight” rating to a “neutral” rating and raised their target price for the stock from $132.00 to $158.00 in a research note on Thursday, August 13th. Finally, Citigroup lifted their target price on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a report on Friday, May 15th. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $144.14.

Akamai Technologies Stock Up 2.9%

Akamai Technologies stock opened at $111.24 on Friday. The firm has a 50 day simple moving average of $117.41 and a 200 day simple moving average of $117.83. 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 has a 1-year low of $70.82 and a 1-year high of $165.45. The firm has a market capitalization of $15.99 billion, a price-to-earnings ratio of 40.01, a P/E/G ratio of 4.96 and a beta of 0.63.

Akamai Technologies (NASDAQ:AKAM) last posted its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.02. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The company’s revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the company earned $1.73 earnings per share. 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.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC increased its position in shares of Akamai Technologies by 3.1% in the first quarter. EverSource Wealth Advisors LLC now owns 2,356 shares of the technology infrastructure company’s stock worth $271,000 after purchasing an additional 70 shares during the last quarter. Rexford Capital Inc. lifted its position in Akamai Technologies by 1.9% during the fourth quarter. Rexford Capital Inc. now owns 5,106 shares of the technology infrastructure company’s stock valued at $445,000 after purchasing an additional 93 shares during the last quarter. Root Financial Partners LLC grew its stake in Akamai Technologies by 45.8% in the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock worth $31,000 after buying an additional 110 shares in the last quarter. Allworth Financial LP grew its stake in Akamai Technologies by 6.3% in the 4th quarter. Allworth Financial LP now owns 2,196 shares of the technology infrastructure company’s stock worth $192,000 after buying an additional 131 shares in the last quarter. Finally, Tema ETFs LLC increased its holdings in shares of Akamai Technologies by 9.5% in the 2nd quarter. Tema ETFs LLC now owns 1,664 shares of the technology infrastructure company’s stock worth $197,000 after buying an additional 145 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insiders Place Their Bets

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

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.