Akamai Technologies (NASDAQ:AKAM) Stock Price Expected to Rise, Piper Sandler Analyst Says

Akamai Technologies (NASDAQ:AKAM) had its target price raised by equities researchers at Piper Sandler from $97.00 to $114.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the technology infrastructure company’s stock. Piper Sandler’s target price would suggest a potential downside of 0.52% from the stock’s previous close.

Several other equities research analysts also recently commented on AKAM. TD Cowen lowered their target price on shares of Akamai Technologies from $104.00 to $100.00 and set a “hold” rating for the company in a research note on Friday, February 20th. Raymond James Financial set a $120.00 target price on shares of Akamai Technologies in a research note on Thursday, March 12th. Oppenheimer upped their target price on shares of Akamai Technologies from $100.00 to $115.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. The Goldman Sachs Group upped 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. Finally, KeyCorp increased their price objective on shares of Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Nine investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $110.79.

Akamai Technologies Stock Down 2.9%

Shares of NASDAQ:AKAM opened at $114.60 on Tuesday. Akamai Technologies has a 52 week low of $67.51 and a 52 week high of $121.12. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.36 and a current ratio of 2.36. The company has a market capitalization of $16.62 billion, a PE ratio of 37.21, a PEG ratio of 3.98 and a beta of 0.59. The company has a 50 day moving average price of $104.80 and a two-hundred day moving average price of $91.01.

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

Insider Buying and Selling at Akamai Technologies

In related news, EVP Anthony P. Williams sold 15,000 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following the completion of the transaction, the executive vice president owned 22,064 shares in the company, valued at approximately $2,301,054.56. This represents a 40.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Mani Sundaram sold 8,642 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $101.25, for a total transaction of $875,002.50. Following the transaction, the executive vice president owned 19,923 shares of the company’s stock, valued at $2,017,203.75. The trade was a 30.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 65,954 shares of company stock valued at $6,679,721 in the last three months. 2.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. JFS Wealth Advisors LLC boosted its holdings in Akamai Technologies by 626.2% during the fourth 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 during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its holdings in 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 purchasing an additional 251 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Akamai Technologies by 566.7% during the third quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after purchasing an additional 289 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in Akamai Technologies by 130.0% in the third 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 during the last quarter. Finally, Sarver Vrooman Wealth Advisors acquired a new stake in Akamai Technologies in the fourth quarter valued at $31,000. Institutional investors and hedge funds own 94.28% 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.