Akamai Technologies (NASDAQ:AKAM) Price Target Raised to $97.00

Akamai Technologies (NASDAQ:AKAM) had its price target upped by Piper Sandler from $89.00 to $97.00 in a report released on Monday,Benzinga reports. The brokerage currently has a neutral rating on the technology infrastructure company’s stock.

Other analysts have also recently issued reports about the stock. Weiss Ratings restated a “hold (c)” rating on shares of Akamai Technologies in a report on Monday, December 29th. Jefferies Financial Group cut shares of Akamai Technologies to an “underperform” rating in a research report on Monday, December 15th. The Goldman Sachs Group raised their target price on shares of Akamai Technologies from $69.00 to $76.00 and gave the company a “sell” rating in a research note on Friday, February 20th. Raymond James Financial upped their price target on Akamai Technologies from $84.00 to $90.00 and gave the stock an “outperform” rating in a research report on Monday, November 10th. Finally, Susquehanna increased their price objective on Akamai Technologies from $105.00 to $120.00 and gave the company a “positive” rating in a report on Friday, February 20th. Ten analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Akamai Technologies has an average rating of “Hold” and an average target price of $108.84.

Akamai Technologies Trading Down 0.1%

NASDAQ AKAM opened at $100.04 on Monday. Akamai Technologies has a one year low of $67.51 and a one year high of $113.50. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.28 and a current ratio of 2.36. The company has a market capitalization of $14.49 billion, a price-to-earnings ratio of 32.48, a price-to-earnings-growth ratio of 3.34 and a beta of 0.70. The company’s 50-day simple moving average is $94.40 and its two-hundred day simple moving average is $84.66.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.09. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the firm earned $1.66 earnings per share. 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. Equities analysts forecast that Akamai Technologies will post 4.6 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Paul C. Joseph sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $90.17, for a total value of $450,850.00. Following the sale, the executive vice president owned 17,513 shares in the company, valued at $1,579,147.21. This represents a 22.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mani Sundaram sold 10,438 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $89.25, for a total transaction of $931,591.50. Following the completion of the transaction, the executive vice president owned 13,550 shares in the company, valued at approximately $1,209,337.50. This trade represents a 43.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 43,591 shares of company stock worth $4,096,133 over the last three months. Corporate insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Akamai Technologies

Several large investors have recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Akamai Technologies by 295.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 251 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in Akamai Technologies by 130.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 195 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in Akamai Technologies by 566.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 289 shares during the last quarter. JFS Wealth Advisors LLC lifted its stake in Akamai Technologies by 626.2% in the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after purchasing an additional 263 shares in the last quarter. Finally, Wolff Wiese Magana LLC boosted its holdings in shares of Akamai Technologies by 497.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock worth $30,000 after purchasing an additional 333 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Akamai Technologies

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

• Positive Sentiment: Multiple analysts turned more bullish, which likely pushed buying interest and contributed to the stock’s intraday strength. Raymond James raised its price target to $100.00, signaling renewed confidence in Akamai’s outlook. Read More.
• Positive Sentiment: Piper Sandler published a forecast suggesting strong price appreciation for AKAM, adding to momentum from analyst commentary and reinforcing the bullish narrative. Read More.
• Positive Sentiment: Reports noted a specific analyst upgrade that sent shares up roughly 5.3% in early trading, an immediate catalyst for short-term buying. Read More.
• Neutral Sentiment: Consensus analyst coverage still sits at an average “Hold” rating, which tempers the bullish headlines and suggests some analysts remain cautious despite upgrades. Read More.
• Neutral Sentiment: Comparison pieces (e.g., Akamai vs. DoorDash) and broader coverage are informational but unlikely to be a major driver unless they prompt sector- or peer-related re-rating. Read More.
• Neutral Sentiment: Short-interest reports in the filings appear erroneous (showing 0 shares and NaN changes, days-to-cover 0.0), so they provide no clear signal to traders; treat these data points with caution.
• Negative Sentiment: Chief Accounting Officer Laura Howell sold 11,273 shares (~47% reduction in her holding) at an average price of $100.14 for about $1.13M. Large insider sales can be perceived negatively by the market and may weigh on sentiment despite the company’s recent operational beat. Read More.

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.