Akamai Technologies (NASDAQ:AKAM) Shares Up 5.3% Following Analyst Upgrade

Akamai Technologies, Inc. (NASDAQ:AKAM)’s share price rose 5.3% on Monday after Raymond James Financial raised their price target on the stock from $90.00 to $100.00. Raymond James Financial currently has an outperform rating on the stock. Akamai Technologies traded as high as $99.70 and last traded at $99.1450. Approximately 2,975,346 shares changed hands during trading, a decline of 29% from the average daily volume of 4,195,728 shares. The stock had previously closed at $94.17.

Several other equities analysts also recently weighed in on the company. HSBC increased their target price on Akamai Technologies from $130.00 to $134.00 in a research report on Monday, November 10th. UBS Group increased their price objective on shares of Akamai Technologies from $90.00 to $110.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Morgan Stanley raised their target price 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. Citigroup boosted their target price on shares of Akamai Technologies from $103.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Finally, Susquehanna increased their price target on shares of Akamai Technologies from $105.00 to $120.00 and gave the stock a “positive” rating in a research note on Friday, February 20th. Ten research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Akamai Technologies currently has an average rating of “Hold” and a consensus target price of $108.84.

Insider Activity

In other Akamai Technologies news, CTO Robert Blumofe sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $108.00, for a total transaction of $378,000.00. Following the completion of the sale, the chief technology officer directly 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Edward J. Mcgowan sold 6,560 shares of the firm’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $88.03, for a total transaction of $577,476.80. Following the completion of the transaction, the chief financial officer directly owned 16,442 shares in the company, valued at approximately $1,447,389.26. This represents a 28.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 32,318 shares of company stock valued at $2,967,254 over the last quarter. 2.00% of the stock is owned by insiders.

Key Akamai Technologies News

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

• Positive Sentiment: Akamai announced an agentless, NVIDIA‑powered zero‑trust segmentation product to protect critical infrastructure — a strategic security win that could help win enterprise deals and support higher-margin revenue. Akamai Secures Critical Infrastructure with Agentless Zero Trust Segmentation
• Positive Sentiment: Raymond James raised its price target to $100 and kept an “outperform” rating — a bullish analyst action that supports upside sentiment. Raymond James adjusts PT on Akamai
• Positive Sentiment: Zacks published a piece highlighting Akamai as a strong value stock, which may attract value‑oriented buyers. Here’s Why Akamai is a Strong Value Stock
• Neutral Sentiment: Piper Sandler bumped its target to $97 but kept a “neutral” rating — a mild near‑term signal rather than a clear catalyst. Benzinga
• Neutral Sentiment: Analysts’ consensus remains around a “hold/average” view, so upside depends on continued execution rather than broad analyst re‑ratings. Akamai Given Average Rating of Hold
• Neutral Sentiment: A comparison piece versus DoorDash offers sector/contextual analysis but is unlikely to move AKAM materially. Comparing Akamai and DoorDash
• Neutral Sentiment: Reported short‑interest data for February appears inconsistent (shows zero), so it provides no reliable bearish signal at present.
• Negative Sentiment: At least one analyst move trimmed expectations: a reported price‑target cut (and at least one PT raised only modestly), introducing some conflicting signals on fair value. TD Cowen Cuts AKAM Price Target
• Negative Sentiment: One reported price‑target action moved to $76 (well below current levels), representing a bearish outlier that could pressure sentiment if echoed by others. Price Target Raised to $76

Institutional Investors Weigh In On Akamai Technologies

A number of large investors have recently modified their holdings of the stock. Whittier Trust Co. of Nevada Inc. lifted its position in Akamai Technologies by 295.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock worth $26,000 after acquiring an additional 251 shares in the last quarter. TD Waterhouse Canada Inc. lifted its position in shares of Akamai Technologies by 130.0% during the third quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after purchasing an additional 195 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of 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 purchasing an additional 289 shares during the period. JFS Wealth Advisors LLC grew its holdings in Akamai Technologies by 626.2% during the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after purchasing an additional 263 shares in the last quarter. Finally, Wolff Wiese Magana LLC lifted its holdings in Akamai Technologies by 497.0% in the 3rd quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock worth $30,000 after buying an additional 333 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Akamai Technologies Trading Up 1.4%

The business’s 50-day simple moving average is $94.15 and its two-hundred day simple moving average is $84.56. The company has a current ratio of 2.36, a quick ratio of 2.28 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $14.41 billion, a PE ratio of 32.51, a PEG ratio of 3.07 and a beta of 0.70.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.75 by $0.09. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same period in the previous year, the company earned $1.66 earnings per share. The company’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. On average, analysts predict that Akamai Technologies, Inc. will post 4.6 earnings per share for the current 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.