Akamai Technologies (NASDAQ:AKAM) Updates FY 2026 Earnings Guidance

Akamai Technologies (NASDAQ:AKAM) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 6.400-7.050 for the period, compared to the consensus estimate of 6.150. The company issued revenue guidance of $4.4 billion-$4.5 billion, compared to the consensus revenue estimate of $4.5 billion. Akamai Technologies also updated its Q3 2026 guidance to 1.600-1.800 EPS.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on AKAM shares. Royal Bank Of Canada increased their price objective on Akamai Technologies from $100.00 to $150.00 and gave the company a “sector perform” rating in a research note on Friday, May 8th. Zacks Research raised Akamai Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Morgan Stanley upped their price target on Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Scotiabank increased their price target on Akamai Technologies from $120.00 to $180.00 and gave the company a “sector outperform” rating in a research report on Friday, May 8th. Finally, Oppenheimer lifted their price objective on Akamai Technologies from $115.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Twelve investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Akamai Technologies currently has an average rating of “Hold” and an average target price of $145.29.

Akamai Technologies Stock Down 3.0%

AKAM stock opened at $118.55 on Friday. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.84. Akamai Technologies has a twelve month low of $69.78 and a twelve month high of $165.45. The company’s 50 day moving average is $125.55 and its two-hundred day moving average is $115.83. The stock has a market cap of $17.23 billion, a P/E ratio of 39.92, a PEG ratio of 5.19 and a beta of 0.63.

Akamai Technologies (NASDAQ:AKAM) last issued its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.02. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.73 EPS. 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. Research analysts expect that Akamai Technologies will post 3.91 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Kim Salem-Jackson sold 2,300 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the completion of the sale, the executive vice president directly owned 59,210 shares of the company’s stock, valued at approximately $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 accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of Akamai Technologies 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 transaction, the chief technology officer directly owned 31,006 shares in the company, valued at approximately $4,012,486.46. This trade 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. 2.30% of the stock is owned by insiders.

Trending Headlines about Akamai Technologies

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

• Positive Sentiment: Quarterly results exceeded expectations. Akamai reported adjusted EPS of $1.59 versus the $1.57 consensus estimate and revenue of approximately $1.10 billion versus $1.09 billion expected. Revenue increased 5.4% year over year, supported by demand for security and cloud infrastructure services. Akamai beats quarterly estimates on cloud infrastructure demand
• Positive Sentiment: Profit guidance was raised relative to analyst expectations. Akamai guided for third-quarter EPS of $1.60–$1.80, above the $1.56 consensus, and full-year 2026 EPS of $6.40–$7.05, compared with the $6.15 consensus. Full-year revenue guidance of $4.4–$4.5 billion was broadly in line with expectations. Akamai beats Q2 earnings and revenue estimates
• Positive Sentiment: Broader software-sector sentiment improved. Solid earnings from software companies helped ease concerns that artificial intelligence could disrupt traditional technology businesses, providing a supportive backdrop for Akamai. Akamai, Atlassian, Cloudflare, JFrog, and More Stocks That Explain Today’s Market
• Neutral Sentiment: Akamai highlighted security developments involving AI-browser exploits, underscoring the relevance of its cybersecurity offerings, though the report did not identify a material near-term financial impact. Akamai uncovers AI browser exploits
• Negative Sentiment: Earnings quality and investment concerns remain. EPS declined from $1.73 a year earlier despite the revenue increase. Akamai’s large AI infrastructure commitment requires substantial capital spending and additional borrowing, raising concerns about leverage, margins, and how quickly the investment will generate returns.
• Negative Sentiment: Reports of insider activity showed sales and no open-market purchases among listed executives over the past six months, potentially adding to cautious investor sentiment ahead of and following the earnings release.

Institutional Investors Weigh In On Akamai Technologies

Hedge funds have recently added to or reduced their stakes in the company. First Trust Advisors LP raised its stake in shares of Akamai Technologies by 16.5% during the 4th quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock worth $589,112,000 after buying an additional 957,345 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Akamai Technologies by 5.8% in the 3rd quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock valued at $245,394,000 after purchasing an additional 177,756 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Akamai Technologies by 33.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,115,342 shares of the technology infrastructure company’s stock valued at $271,820,000 after purchasing an additional 784,009 shares during the period. Alyeska Investment Group L.P. boosted its holdings in Akamai Technologies by 34.5% during the fourth quarter. Alyeska Investment Group L.P. now owns 2,197,218 shares of the technology infrastructure company’s stock worth $191,707,000 after buying an additional 563,178 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in Akamai Technologies by 0.6% during the fourth quarter. AQR Capital Management LLC now owns 2,033,094 shares of the technology infrastructure company’s stock worth $177,387,000 after buying an additional 12,748 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

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.