Akamai Technologies (NASDAQ:AKAM) Price Target Raised to $120.00 at KeyCorp

Akamai Technologies (NASDAQ:AKAM) had its price target upped by KeyCorp from $115.00 to $120.00 in a research note published on Friday,Benzinga reports. They currently have an overweight rating on the technology infrastructure company’s stock.

AKAM has been the subject of a number of other reports. President Capital lifted their price objective on shares of Akamai Technologies from $104.00 to $116.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Jefferies Financial Group downgraded shares of Akamai Technologies to an “underperform” rating in a report on Monday, December 15th. Piper Sandler upped their price target on shares of Akamai Technologies from $86.00 to $89.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. DA Davidson raised their price objective on shares of Akamai Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, TD Cowen boosted their price objective on Akamai Technologies from $98.00 to $104.00 and gave the stock a “hold” rating in a report on Thursday, November 13th. Ten analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Akamai Technologies presently has an average rating of “Hold” and a consensus target price of $107.53.

Akamai Technologies Trading Down 14.1%

Shares of NASDAQ:AKAM opened at $94.17 on Friday. Akamai Technologies has a 52-week low of $67.51 and a 52-week high of $113.50. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.28 and a current ratio of 2.28. The company has a market capitalization of $13.55 billion, a P/E ratio of 30.57, a price-to-earnings-growth ratio of 3.38 and a beta of 0.70. The company has a 50-day simple moving average of $93.66 and a 200 day simple moving average of $84.04.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.09. Akamai Technologies had a return on equity of 14.15% and a net margin of 10.74%.The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the prior year, the company earned $1.66 earnings per share. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. 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. Sell-side analysts forecast that Akamai Technologies will post 4.6 earnings per share for the current year.

Insider Activity at Akamai Technologies

In other news, COO Adam Karon sold 3,320 shares of Akamai Technologies stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $87.30, for a total value of $289,836.00. Following the completion of the sale, the chief operating officer directly owned 7,785 shares in the company, valued at approximately $679,630.50. The trade was a 29.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mani Sundaram sold 10,438 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $89.25, for a total value of $931,591.50. Following the sale, the executive vice president directly owned 13,550 shares in the company, valued at $1,209,337.50. This represents a 43.51% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 32,318 shares of company stock valued at $2,967,254. 2.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AKAM. Alberta Investment Management Corp bought a new stake in Akamai Technologies during the second quarter worth $822,000. Rakuten Investment Management Inc. acquired a new position in shares of Akamai Technologies during the 3rd quarter worth $5,323,000. Norges Bank acquired a new position in shares of Akamai Technologies during the 2nd quarter worth $266,817,000. Nordea Investment Management AB lifted its position in shares of Akamai Technologies by 39.9% during the 3rd quarter. Nordea Investment Management AB now owns 3,437,472 shares of the technology infrastructure company’s stock worth $258,739,000 after buying an additional 980,966 shares during the last quarter. Finally, National Pension Service boosted its stake in Akamai Technologies by 48.5% in the third quarter. National Pension Service now owns 68,111 shares of the technology infrastructure company’s stock valued at $5,160,000 after buying an additional 22,242 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Key Stories Impacting Akamai Technologies

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

• Positive Sentiment: Q4 beat and revenue growth — Akamai reported Q4 EPS $1.84 vs. $1.75 expected and revenue of ~$1.095B (up ~7% YoY), driven by security and cloud sales; non‑GAAP EPS and full‑year revenue growth were highlighted in the release. Akamai Reports Fourth Quarter 2025 and Full-Year 2025 Financial Results
• Positive Sentiment: AI/Cloud momentum in core CIS business — Management signaled strong traction in AI Inference Cloud and sees Cloud Infrastructure Services (CIS) growth accelerating (Seeking Alpha reports management projecting 45%–50% CIS growth in 2026), which underpins longer‑term upside if execution continues. Akamai projects 45%-50% CIS revenue growth in 2026 as AI Inference Cloud momentum accelerates
• Positive Sentiment: Analyst target upgrades — Multiple firms raised price targets (Morgan Stanley, KeyCorp, Scotiabank, Susquehanna, etc.), reflecting optimism on the company’s AI/cloud runway despite near‑term noise. Analyst price target adjustments
• Neutral Sentiment: FY26 revenue guide above estimates but EPS range broad — Akamai guided FY26 revenue to $4.4B–$4.6B (above some Street estimates) and EPS to $6.20–$7.20; investors are parsing the wide EPS range versus consensus. Akamai forecasts annual revenue above estimates on cloud infrastructure momentum
• Neutral Sentiment: Q1 guidance roughly in line — Akamai set Q1 EPS guidance of $1.50–$1.67, near consensus, leaving the immediate outlook neither clearly beat nor miss. Akamai Q4 press release / guidance
• Negative Sentiment: Guidance/near‑term concerns sparked a selloff — Despite the beat, several outlets and traders focused on the lower‑end EPS guidance, raising concerns and triggering heavy selling pressure intraday/after‑hours. Akamai Tumbles 11% Despite Q4 Beat As 2026 Outlook Disappoints
• Negative Sentiment: Operational headwinds cited — Management noted a memory shortage that could pressure near‑term margins/visibility (covered in commentary/video), adding to investor caution. Akamai outlook dragged by memory shortage, Blue Owl under pressure
• Negative Sentiment: Mixed analyst views remain — while many raised targets, at least one major firm (Goldman) remains on the sell side with a low target, keeping bearish conviction in some desks. Goldman Sachs maintains sell rating

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.