Akamai Technologies (NASDAQ:AKAM) Given New $100.00 Price Target at JPMorgan Chase & Co.

Akamai Technologies (NASDAQ:AKAMFree Report) had its target price raised by JPMorgan Chase & Co. from $72.00 to $100.00 in a report issued on Friday,MarketScreener reports.

Other equities analysts have also recently issued reports about the stock. The Goldman Sachs Group upped their price objective on shares of Akamai Technologies from $76.00 to $87.00 and gave the stock a “sell” rating in a research report on Friday. Raymond James Financial set a $120.00 price objective on shares of Akamai Technologies in a research report on Thursday, March 12th. KeyCorp upped 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. Susquehanna upped their price objective on shares of Akamai Technologies from $105.00 to $120.00 and gave the stock a “positive” rating in a research report on Friday, February 20th. Finally, Royal Bank Of Canada upped their price objective on shares of Akamai Technologies from $100.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Friday. Eleven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $129.48.

Check Out Our Latest Analysis on Akamai Technologies

Akamai Technologies Stock Performance

Shares of NASDAQ AKAM opened at $147.71 on Friday. The company’s fifty day moving average price is $105.43 and its 200 day moving average price is $94.85. Akamai Technologies has a 1 year low of $69.78 and a 1 year high of $149.76. The company has a market capitalization of $21.42 billion, a PE ratio of 49.73, a price-to-earnings-growth ratio of 4.01 and a beta of 0.45. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.36 and a current ratio of 2.36.

Akamai Technologies (NASDAQ:AKAMGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.61. Akamai Technologies had a net margin of 10.20% and a return on equity of 13.09%. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the prior year, the firm posted $1.70 earnings per share. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. 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. On average, research analysts predict that Akamai Technologies will post 4.17 earnings per share for the current year.

Insider Activity

In related news, EVP Anthony P. Williams sold 15,000 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president directly owned 22,064 shares in the company, valued at approximately $2,301,054.56. The trade was a 40.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CTO Robert Blumofe sold 3,500 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $108.00, for a total transaction of $378,000.00. Following the transaction, the chief technology officer owned 14,574 shares in the company, valued at $1,573,992. The trade was a 19.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 57,454 shares of company stock valued at $5,889,371 in the last ninety days. 2.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Akamai Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Rexford Capital Inc. increased its position in Akamai Technologies by 1.9% during the fourth quarter. Rexford Capital Inc. now owns 5,106 shares of the technology infrastructure company’s stock worth $445,000 after purchasing an additional 93 shares during the last quarter. Assetmark Inc. increased its position in Akamai Technologies by 31.8% during the fourth quarter. Assetmark Inc. now owns 444 shares of the technology infrastructure company’s stock worth $39,000 after purchasing an additional 107 shares during the last quarter. Root Financial Partners LLC increased its position in Akamai Technologies by 45.8% during the fourth quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock worth $31,000 after purchasing an additional 110 shares during the last quarter. Perigon Wealth Management LLC increased its position in Akamai Technologies by 2.1% during the fourth quarter. Perigon Wealth Management LLC now owns 5,502 shares of the technology infrastructure company’s stock worth $480,000 after purchasing an additional 115 shares during the last quarter. Finally, Allworth Financial LP increased its position in Akamai Technologies by 6.3% during the fourth quarter. Allworth Financial LP now owns 2,196 shares of the technology infrastructure company’s stock worth $192,000 after purchasing an additional 131 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Akamai Technologies

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

  • Positive Sentiment: Akamai reported first-quarter revenue of $1.074 billion, up 6% year over year, and non-GAAP EPS of $1.61, matching Wall Street estimates while showing solid demand in security and cloud infrastructure. Akamai Reports First Quarter 2026 Financial Results
  • Positive Sentiment: The company said a leading frontier-model provider committed $1.8 billion over seven years for Akamai’s cloud infrastructure services, giving investors a clear signal that its AI-related business could become a much larger growth driver. Akamai Reports First Quarter 2026 Financial Results
  • Positive Sentiment: Analysts turned more constructive after the report, with price targets lifted by RBC, UBS, Guggenheim, and Craig Hallum, reflecting improved expectations for Akamai’s growth outlook. Analyst updates
  • Neutral Sentiment: Akamai’s second-quarter and full-year guidance was mixed versus expectations: FY 2026 EPS guidance was raised, but Q2 profit and revenue outlooks were below some Wall Street estimates, suggesting near-term margin pressure from higher infrastructure costs and cautious enterprise spending. Akamai forecasts quarterly results below expectations
  • Neutral Sentiment: Unusually heavy call-option buying also points to traders positioning for more upside, but that activity is more of a momentum signal than a fundamental catalyst. Why Akamai Shares Are Trading Higher By 26%

About Akamai Technologies

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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.

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