Royal Bank Of Canada Lowers Akamai Technologies (NASDAQ:AKAM) Price Target to $135.00

Akamai Technologies (NASDAQ:AKAM) had its target price lowered by equities research analysts at Royal Bank Of Canada from $150.00 to $135.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “sector perform” rating on the technology infrastructure company’s stock. Royal Bank Of Canada’s price target would indicate a potential upside of 21.49% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. boosted their price objective on shares of Akamai Technologies from $72.00 to $100.00 in a research report on Friday, May 8th. HSBC lifted their price target on Akamai Technologies from $134.00 to $171.00 in a research note on Monday, May 11th. Morgan Stanley upped their price objective on Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Craig Hallum upgraded Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a report on Friday, May 8th. Finally, The Goldman Sachs Group lifted their target price on Akamai Technologies from $76.00 to $87.00 and gave the company a “sell” rating in a research report on Friday, May 8th. Twelve analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $144.24.

Akamai Technologies Stock Down 6.3%

AKAM stock traded down $7.43 during mid-day trading on Friday, hitting $111.12. 5,342,162 shares of the company were exchanged, compared to its average volume of 4,708,721. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06. The firm has a market cap of $16.15 billion, a P/E ratio of 37.48, a P/E/G ratio of 5.19 and a beta of 0.63. The firm’s 50 day simple moving average is $125.55 and its 200 day simple moving average is $115.83. Akamai Technologies has a 1-year low of $69.78 and a 1-year high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly 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 10.20% and a return on equity of 12.96%. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the firm posted $1.73 earnings per share. The business’s revenue 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. On average, sell-side analysts predict that Akamai Technologies will post 3.91 EPS for the current fiscal year.

Insider Activity

In other Akamai Technologies news, EVP Kim Salem-Jackson sold 2,300 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president owned 59,210 shares of the company’s stock, valued at $8,027,099.70. The trade was a 3.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total value of $31,446.63. Following the sale, the chief technology officer owned 31,006 shares in the company, valued at approximately $4,012,486.46. This represents a 0.78% 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. Corporate insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Akamai Technologies

Institutional investors have recently added to or reduced their stakes in the company. First Trust Advisors LP raised its position in Akamai Technologies by 16.5% during the fourth quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock worth $589,112,000 after acquiring an additional 957,345 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Akamai Technologies by 11.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock valued at $397,881,000 after acquiring an additional 349,451 shares during the period. Invesco Ltd. increased its stake in shares of Akamai Technologies by 5.8% during the 3rd quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock worth $245,394,000 after purchasing an additional 177,756 shares during the last quarter. Norges Bank bought a new stake in shares of Akamai Technologies in the 4th quarter valued at about $192,959,000. Finally, Alyeska Investment Group L.P. lifted its stake in Akamai Technologies by 34.5% in the 4th quarter. Alyeska Investment Group L.P. now owns 2,197,218 shares of the technology infrastructure company’s stock valued at $191,707,000 after purchasing an additional 563,178 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Akamai Technologies News Summary

Here are the key news stories impacting Akamai Technologies this week:

• Positive Sentiment: Akamai reported second-quarter adjusted EPS of $1.59 and revenue of approximately $1.10 billion, exceeding consensus estimates of $1.57 and $1.09 billion, respectively. Revenue rose 5.4% year over year, supported by demand for cloud infrastructure and cybersecurity services. Reuters earnings article
• Positive Sentiment: The company announced a cloud infrastructure services contract worth more than $600 million, reinforcing the investment case that Akamai can benefit from artificial intelligence and robotics-related workloads. Barron’s Akamai AI article
• Positive Sentiment: Akamai’s third-quarter EPS guidance of $1.60–$1.80 and full-year EPS guidance of $6.40–$7.05 are above analyst expectations, providing some support for forward earnings sentiment.
• Neutral Sentiment: Guggenheim raised its price target to $190 and maintained a “buy” rating, indicating substantial potential upside if AI-led cloud growth translates into stronger profits.
• Neutral Sentiment: Analysts see strong AI-led growth, but the near-term outlook remains dependent on execution as Akamai expands infrastructure and cybersecurity capacity. Seeking Alpha Akamai growth article
• Negative Sentiment: Second-quarter EPS declined from $1.73 a year earlier, while higher infrastructure spending tied to AI expansion is pressuring margins and raising concerns about the timing of returns on investment.
• Negative Sentiment: Although full-year EPS guidance exceeded expectations, revenue guidance of $4.4–$4.5 billion is roughly in line with or slightly below the $4.5 billion consensus, limiting the upside reaction.
• Negative Sentiment: Piper Sandler lowered its price target to $140 and changed its rating to “neutral,” adding to caution following the earnings release.

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.