Akamai Technologies (AKAM) Set to Announce Earnings on Wednesday
Akamai Technologies (NASDAQ:AKAM) will announce its earnings results on Wednesday, February 5th. Individual interested in listening to the company’s earnings conference call can do so using this link.
Shares of Akamai Technologies (NASDAQ:AKAM) opened at 46.01 on Tuesday. Akamai Technologies has a 52-week low of $32.63 and a 52-week high of $53.61. The stock has a 50-day moving average of $47.45 and a 200-day moving average of $47.58. The company has a market cap of $8.235 billion and a P/E ratio of 30.96.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Akamai Technologies from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, December 20th. They now have a $49.00 price target on the stock. Analysts at Thomson Reuters/Verus downgraded shares of Akamai Technologies from a “hold” rating to a “sell” rating in a research note to investors on Monday, December 9th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $48.39.
Akamai Technologies, Inc (NASDAQ:AKAM) provides content delivery and cloud infrastructure services for the delivery of content and applications over the Internet.
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