Akamai Technologies, Inc. (NASDAQ:AKAM) Stock Has Consensus Target Price of $146.00

Akamai Technologies, Inc. (NASDAQ:AKAM) has earned an average recommendation of “Moderate Buy” from the twenty-four analysts that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $145.24.

A number of brokerages have commented on AKAM. HSBC cut shares of Akamai Technologies from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $171.00 to $123.00 in a research note on Monday, August 10th. President Capital boosted their target price on shares of Akamai Technologies from $150.00 to $168.00 and gave the stock a “buy” rating in a report on Wednesday, September 30th. Citigroup decreased their target price on shares of Akamai Technologies from $160.00 to $122.00 and set a “neutral” rating on the stock in a research report on Friday, September 4th. Raymond James Financial raised shares of Akamai Technologies from an “outperform” rating to a “strong-buy” rating and set a $170.00 price target for the company in a report on Tuesday, October 20th. Finally, Morgan Stanley dropped their price target on Akamai Technologies from $165.00 to $149.00 and set an “overweight” rating for the company in a research report on Monday.

Akamai Technologies Stock Down 0.2%

NASDAQ AKAM opened at $86.53 on Friday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64. The company has a market capitalization of $12.44 billion, a P/E ratio of 31.13, a P/E/G ratio of 4.08 and a beta of 0.65. Akamai Technologies has a one year low of $70.82 and a one year high of $165.45. The stock has a 50 day moving average price of $103.11 and a 200-day moving average price of $112.38.

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, beating 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 during the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the firm posted $1.73 earnings per share. Akamai Technologies’s revenue for the quarter was up 5.4% compared to the same quarter last year. 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 3.58 EPS for the current fiscal year.

Insider Buying and Selling

In other Akamai Technologies news, EVP Kim Salem-Jackson sold 2,013 shares of the business’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of $128.00, for a total transaction of $257,664.00. Following the transaction, the executive vice president owned 57,197 shares in the company, valued at $7,321,216. The trade was a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul C. Joseph sold 3,100 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $105.63, for a total transaction of $327,453.00. Following the transaction, the executive vice president owned 28,472 shares in the company, valued at $3,007,497.36. This trade represents a 9.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 12,135 shares of company stock worth $1,467,221 over the last three months. 2.30% of the stock is owned by insiders.

Institutional Trading of Akamai Technologies

Several institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its stake in Akamai Technologies by 11.2% in the first quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock valued at $397,881,000 after buying an additional 349,451 shares during the last quarter. Edmond DE Rothschild Holding S.A. purchased a new stake in Akamai Technologies during the 2nd quarter worth approximately $222,046,000. Pictet Asset Management Holding SA grew its position in Akamai Technologies by 3.6% during the 3rd quarter. Pictet Asset Management Holding SA now owns 1,731,292 shares of the technology infrastructure company’s stock worth $184,215,000 after purchasing an additional 59,453 shares during the last quarter. William Blair Investment Management LLC acquired a new position in Akamai Technologies during the 2nd quarter valued at approximately $181,508,000. Finally, Legal & General Group Plc acquired a new position in Akamai Technologies during the 2nd quarter valued at approximately $159,564,000. Institutional investors own 94.28% 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.