Akamai Technologies, Inc. (NASDAQ:AKAM) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Akamai Technologies, Inc. (NASDAQ:AKAM) have earned an average recommendation of “Hold” from the twenty-two brokerages that are presently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $145.2857.

AKAM has been the topic of a number of analyst reports. The Goldman Sachs Group boosted their price objective on shares of Akamai Technologies from $76.00 to $87.00 and gave the company a “sell” rating in a research report on Friday, May 8th. Zacks Research cut shares of Akamai Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 19th. UBS Group upped their price target on shares of Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Morgan Stanley increased their price objective on shares of Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Finally, Royal Bank Of Canada boosted their target price on Akamai Technologies from $100.00 to $150.00 and gave the company a “sector perform” rating in a research report on Friday, May 8th.

Insider Buying and Selling

In related news, CTO Robert Blumofe sold 243 shares of the firm’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 completion of the sale, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at approximately $4,012,486.46. This trade represents a 0.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 business’s stock in a transaction 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 approximately $8,027,099.70. The trade was a 3.74% decrease in their position. 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 currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AKAM. Norges Bank bought a new stake in Akamai Technologies during the 4th quarter valued at about $192,959,000. AQR Capital Management LLC boosted its position in Akamai Technologies by 522.8% in the 3rd quarter. AQR Capital Management LLC now owns 2,020,346 shares of the technology infrastructure company’s stock valued at $153,061,000 after buying an additional 1,695,937 shares during the period. Alyeska Investment Group L.P. grew its stake in Akamai Technologies by 570.0% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,634,040 shares of the technology infrastructure company’s stock worth $123,795,000 after acquiring an additional 1,390,167 shares in the last quarter. Rubric Capital Management LP bought a new position in Akamai Technologies in the 4th quarter worth about $104,700,000. Finally, First Trust Advisors LP increased its position in shares of Akamai Technologies by 16.5% during the fourth quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock worth $589,112,000 after acquiring an additional 957,345 shares during the period. 94.28% of the stock is currently owned by institutional investors.

Akamai Technologies Price Performance

Shares of Akamai Technologies stock opened at $113.17 on Monday. The stock has a market cap of $16.45 billion, a price-to-earnings ratio of 38.10, a price-to-earnings-growth ratio of 3.54 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06. The stock has a 50 day moving average price of $131.63 and a 200-day moving average price of $110.61. Akamai Technologies has a one year low of $69.78 and a one year high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, meeting the consensus estimate of $1.61. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.07 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.Akamai Technologies’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.70 EPS. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. Equities analysts expect that Akamai Technologies will post 3.93 EPS for the current year.

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.