Akamai Technologies (NASDAQ:AKAM) Releases Q2 2026 Earnings Guidance

Akamai Technologies (NASDAQ:AKAM) updated its second quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.450-1.650 for the period, compared to the consensus EPS estimate of 1.540. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. Akamai Technologies also updated its FY 2026 guidance to 6.400-7.150 EPS.

Analyst Ratings Changes

Several analysts have issued reports on the company. Scotiabank upped their price objective on Akamai Technologies from $105.00 to $120.00 and gave the company a “sector outperform” rating in a research note on Friday, February 20th. The Goldman Sachs Group upped their price objective on Akamai Technologies from $69.00 to $76.00 and gave the company a “sell” rating in a research note on Friday, February 20th. UBS Group upped their price objective on Akamai Technologies from $90.00 to $110.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Morgan Stanley upped their target price on Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Finally, Royal Bank Of Canada upped their target price on Akamai Technologies from $90.00 to $100.00 and gave the company a “sector perform” rating in a report on Friday, February 20th. Nine equities research 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, Akamai Technologies presently has an average rating of “Hold” and a consensus target price of $112.37.

Akamai Technologies Price Performance

NASDAQ AKAM traded down $5.30 on Thursday, reaching $116.69. 10,461,582 shares of the stock traded hands, compared to its average volume of 5,057,385. The firm’s fifty day simple moving average is $105.43 and its 200 day simple moving average is $94.85. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.82. The company has a market cap of $16.92 billion, a price-to-earnings ratio of 37.89, a P/E/G ratio of 4.19 and a beta of 0.45. Akamai Technologies has a 12 month low of $69.78 and a 12 month high of $122.24.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.61. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.07 billion. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the company 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. As a group, research analysts predict that Akamai Technologies will post 4.17 EPS for the current fiscal year.

Insider Activity

In other Akamai Technologies news, CAO Laura Howell sold 11,273 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $100.14, for a total transaction of $1,128,878.22. Following the completion of the transaction, the chief accounting officer directly owned 12,559 shares of the company’s stock, valued at approximately $1,257,658.26. This trade represents a 47.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jon Miller sold 11,000 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $102.67, for a total value of $1,129,370.00. Following the transaction, the director directly owned 22,806 shares of the company’s stock, valued at approximately $2,341,492.02. The trade was a 32.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 57,454 shares of company stock worth $5,889,371 in the last quarter. 2.30% of the stock is currently owned by corporate insiders.

Akamai Technologies News Roundup

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

• Positive Sentiment: Company raised full‑year EPS guidance slightly above consensus (FY26 EPS range 6.40–7.15 vs. Street ~6.32), and reiterated revenue range that brackets estimates; management also highlighted strong year‑over‑year growth in Security and Cloud Infrastructure Services and a commitment from a leading U.S. frontier model provider for $1.8B over seven years — signals of durable demand and a meaningful long‑term contract. Akamai Reports First Quarter 2026 Financial Results
• Neutral Sentiment: Q1 results broadly met analyst expectations: non‑GAAP EPS $1.61 (in line with consensus) and revenue $1.07B (~in line). The quarter showed modest revenue growth (+6% YoY) but EPS down slightly year‑over‑year on a non‑GAAP basis. Akamai Technologies (AKAM) Meets Q1 Earnings Estimates
• Negative Sentiment: Near‑term guidance disappointed: Q2 EPS guidance of $1.45–1.65 and revenue guidance centered near ~$1.1B were characterized by reporters as below Wall Street expectations, with management citing a tough macro setup (higher memory costs, cautious enterprise spending). That cautious Q2 outlook is the primary driver of the stock weakness. Akamai Technologies forecasts quarterly results below expectations
• Negative Sentiment: GAAP net income fell (GAAP diluted EPS $0.71, down ~13% YoY) and non‑GAAP EPS also declined modestly year‑over‑year, highlighting near‑term margin pressure even as revenue grows. Akamai Reports First Quarter 2026 Financial Results

Institutional Investors Weigh In On Akamai Technologies

A number of institutional investors and hedge funds have recently modified their holdings of the stock. First Trust Advisors LP lifted its position 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 valued at $589,112,000 after acquiring an additional 957,345 shares during the last quarter. Invesco Ltd. lifted its position in shares of Akamai Technologies by 5.8% during the 3rd quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock valued at $245,394,000 after acquiring an additional 177,756 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Akamai Technologies by 33.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,115,342 shares of the technology infrastructure company’s stock valued at $271,820,000 after acquiring an additional 784,009 shares during the last quarter. Alyeska Investment Group L.P. lifted its position in shares of 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 acquiring an additional 563,178 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of Akamai Technologies by 0.6% during the 4th quarter. AQR Capital Management LLC now owns 2,033,094 shares of the technology infrastructure company’s stock valued at $177,387,000 after acquiring an additional 12,748 shares during the last quarter. 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.