Akamai Technologies (NASDAQ:AKAM) Price Target Lowered to $140.00 at Piper Sandler

Akamai Technologies (NASDAQ:AKAM) had its target price cut by analysts at Piper Sandler from $156.00 to $140.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the technology infrastructure company’s stock. Piper Sandler’s price target would suggest a potential upside of 25.78% from the stock’s previous close.

AKAM has been the subject of several other research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a research report on Wednesday, June 24th. Guggenheim upped their price target on Akamai Technologies from $181.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday. Craig Hallum raised shares of 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. UBS Group lifted their price objective on shares of Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Zacks Research upgraded shares of Akamai Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Twelve investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Akamai Technologies has an average rating of “Hold” and an average price target of $144.95.

Akamai Technologies Price Performance

NASDAQ:AKAM traded down $7.25 during trading hours on Friday, hitting $111.30. 4,690,411 shares of the stock traded hands, compared to its average volume of 4,703,714. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.84. Akamai Technologies has a 1 year low of $69.78 and a 1 year high of $165.45. The company has a market cap of $16.18 billion, a price-to-earnings ratio of 37.61, a price-to-earnings-growth ratio of 5.19 and a beta of 0.63. The stock has a 50 day moving average price of $125.55 and a 200 day moving average price of $115.83.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.02. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.Akamai Technologies’s revenue for the quarter was up 5.4% compared to the same quarter last year. 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. Sell-side analysts forecast that Akamai Technologies will post 3.91 EPS for the current fiscal year.

Insider Activity at Akamai Technologies

In other news, 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 transaction of $31,446.63. Following the sale, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at $4,012,486.46. This represents a 0.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total value 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. This represents a 3.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Akamai Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in AKAM. First Trust Advisors LP increased its holdings in shares of Akamai Technologies by 16.5% in 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 during the last quarter. Dimensional Fund Advisors LP lifted its stake 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 purchasing an additional 349,451 shares during the last quarter. Invesco Ltd. boosted 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 worth $245,394,000 after purchasing an additional 177,756 shares during the period. Norges Bank purchased a new position in shares of Akamai Technologies in the 4th quarter worth approximately $192,959,000. Finally, Alyeska Investment Group L.P. raised its holdings in Akamai Technologies by 34.5% during 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 buying an additional 563,178 shares during the period. 94.28% of the stock is owned by hedge funds and other institutional investors.

Akamai Technologies News Summary

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

• Positive Sentiment: Akamai reported second-quarter 2026 revenue of approximately $1.10 billion, up 5.4% year over year and above the $1.09 billion consensus estimate. Adjusted EPS of $1.59 also exceeded expectations of $1.57, supported by demand for cloud infrastructure and security services. Akamai beats quarterly estimates on cloud infrastructure demand
• Positive Sentiment: The company announced a cloud infrastructure services contract worth more than $600 million, intended to support AI and robotics development. The deal reinforces Akamai’s position in the AI infrastructure market and provided a strong near-term catalyst for the stock. Akamai Stock Is Solidly Part of the AI Trade After Earnings
• Positive Sentiment: Akamai’s full-year 2026 EPS guidance of $6.40 to $7.05 is above the $6.15 analyst consensus, while management cited continued momentum in AI cloud and cybersecurity demand. Akamai Q2 Earnings Beat Estimates
• Neutral Sentiment: Akamai highlighted emerging AI-browser security exploits, underscoring the need for enterprise protection but also signaling a rapidly changing and potentially costly threat environment. Akamai uncovers AI browser exploits
• Negative Sentiment: Quarterly revenue guidance was viewed as slightly below expectations, with full-year revenue guidance of $4.4 billion to $4.5 billion versus a $4.5 billion consensus. This has limited the benefit of the earnings beat. Akamai’s Q2 CY2026 beats on revenue
• Negative Sentiment: Higher infrastructure investment for AI growth is pressuring margins, cash requirements and leverage. EPS declined from $1.73 in the year-ago quarter to $1.59, increasing investor concern about the timing and profitability of the AI buildout. Akamai Technologies: Strong AI-Led Growth, Turbulent Profitability
• Negative Sentiment: Reported insider activity showed selling without purchases over the past six months, which may add to cautious sentiment, although insider transactions are not necessarily tied to company fundamentals.

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.