Brokerages Set Akamai Technologies, Inc. (NASDAQ:AKAM) PT at $109.89

Akamai Technologies, Inc. (NASDAQ:AKAM) has earned an average rating of “Hold” from the twenty-one brokerages that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $109.8947.

A number of analysts recently issued reports on AKAM shares. Morgan Stanley lifted their target price on Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. KeyCorp increased their price target on Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Wall Street Zen downgraded Akamai Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. DA Davidson boosted their price target on Akamai Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a research note on Monday, December 29th.

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, EVP Anthony P. Williams sold 15,000 shares of the company’s stock in a transaction on 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 sale, the executive vice president directly owned 22,064 shares of the company’s stock, valued at approximately $2,301,054.56. This represents a 40.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available 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 transaction of $1,129,370.00. Following the completion of the sale, the director owned 22,806 shares of the company’s stock, valued at approximately $2,341,492.02. This represents a 32.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 69,274 shares of company stock valued at $6,969,557 in the last 90 days. Company insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Akamai Technologies

Several hedge funds have recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. grew its holdings in Akamai Technologies by 295.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock worth $26,000 after purchasing an additional 251 shares during the period. TD Waterhouse Canada Inc. raised its stake in Akamai Technologies by 130.0% in the third quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after buying an additional 195 shares during the period. Smartleaf Asset Management LLC raised its stake in Akamai Technologies by 566.7% in the third quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after buying an additional 289 shares during the period. JFS Wealth Advisors LLC lifted its position in shares of Akamai Technologies by 626.2% in the fourth quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after buying an additional 263 shares during the last quarter. Finally, Wolff Wiese Magana LLC lifted its position in shares of Akamai Technologies by 497.0% in the third quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock valued at $30,000 after buying an additional 333 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Akamai Technologies Stock Up 4.1%

Akamai Technologies stock opened at $119.15 on Friday. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 0.82. Akamai Technologies has a 1-year low of $67.51 and a 1-year high of $120.59. The company has a fifty day simple moving average of $101.39 and a 200 day simple moving average of $88.78. The company has a market cap of $17.28 billion, a P/E ratio of 38.69, a price-to-earnings-growth ratio of 3.86 and a beta of 0.72.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.75 by $0.09. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the previous year, the firm posted $1.66 EPS. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. Research analysts anticipate that Akamai Technologies will post 4.6 earnings per share for the current fiscal 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.