Scotiabank Has Pessimistic Outlook of AKAM FY2026 Earnings

Akamai Technologies, Inc. (NASDAQ:AKAM) – Equities research analysts at Scotiabank reduced their FY2026 earnings per share estimates for Akamai Technologies in a report issued on Wednesday, August 19th. Scotiabank analyst P. Colville now forecasts that the technology infrastructure company will earn $3.63 per share for the year, down from their prior estimate of $3.97. Scotiabank has a “Sector Outperform” rating and a $180.00 price target on the stock. The consensus estimate for Akamai Technologies’ current full-year earnings is $3.67 per share. Scotiabank also issued estimates for Akamai Technologies’ FY2027 earnings at $3.82 EPS.

AKAM has been the subject of several other research reports. The Goldman Sachs Group upped their target price on shares of Akamai Technologies from $76.00 to $87.00 and gave the company a “sell” rating in a research note on Friday, May 8th. Piper Sandler reduced their price target on shares of Akamai Technologies from $156.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, August 7th. Zacks Research upgraded shares of Akamai Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Craig Hallum raised Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a research note on Friday, May 8th. Finally, Morgan Stanley increased 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. Twelve 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 data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $144.14.

Akamai Technologies Stock Up 0.1%

Akamai Technologies stock opened at $105.74 on Monday. The company’s 50 day simple moving average is $118.07 and its 200 day simple moving average is $117.60. Akamai Technologies has a fifty-two week low of $70.82 and a fifty-two week high of $165.45. The firm has a market capitalization of $15.20 billion, a price-to-earnings ratio of 38.04, a PEG ratio of 4.85 and a beta of 0.63. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 1.64.

Akamai Technologies (NASDAQ:AKAM) last posted its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.02. The company 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 11.32% and a net margin of 9.51%.The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the previous year, the company earned $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.

Insider Activity

In related news, EVP Kim Salem-Jackson sold 2,300 shares of Akamai Technologies stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the sale, the executive vice president owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. This trade represents a 3.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total value of $31,446.63. Following the completion of the sale, the chief technology officer owned 31,006 shares in the company, valued at $4,012,486.46. The trade was 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. Company insiders own 2.30% of the company’s stock.

Institutional Trading of Akamai Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in AKAM. Silvant Capital Management LLC bought a new position in Akamai Technologies in the second quarter valued at $32,000. Sarver Vrooman Wealth Advisors bought a new stake in Akamai Technologies during the 4th quarter worth about $31,000. Root Financial Partners LLC lifted its position in Akamai Technologies by 45.8% during the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock worth $31,000 after buying an additional 110 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Akamai Technologies during the 2nd quarter worth about $32,000. Finally, Cedar Mountain Advisors LLC acquired a new position in shares of Akamai Technologies during the 1st quarter worth about $47,000. 94.28% of the stock is currently owned by institutional investors and hedge funds.

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.