Akamai Technologies’ (AKAM) “Neutral” Rating Reiterated at Robert W. Baird

Robert W. Baird reiterated their neutral rating on shares of Akamai Technologies (NASDAQ:AKAM) in a research note published on Thursday morning, Marketbeat Ratings reports. Robert W. Baird currently has a $110.00 target price on the technology infrastructure company’s stock.

Several other brokerages have also recently weighed in on AKAM. Scotiabank increased their price target on shares of Akamai Technologies from $105.00 to $120.00 and gave the company a “sector outperform” rating in a research report on Friday, February 20th. KeyCorp increased their target price on shares of Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Raymond James Financial set a $120.00 target price on Akamai Technologies in a research note on Thursday, March 12th. UBS Group boosted their price target on Akamai Technologies from $90.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Finally, DA Davidson increased their price objective on Akamai Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Nine equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $109.89.

Akamai Technologies Stock Performance

NASDAQ AKAM opened at $118.00 on Thursday. The firm has a market cap of $17.11 billion, a PE ratio of 38.31, a price-to-earnings-growth ratio of 3.98 and a beta of 0.59. Akamai Technologies has a 1-year low of $67.51 and a 1-year high of $121.12. The stock has a 50-day moving average of $104.48 and a 200-day moving average of $90.64. 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 (NASDAQ:AKAM) last posted its quarterly earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.09. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.Akamai Technologies’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the company earned $1.66 EPS. 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. As a group, sell-side analysts forecast that Akamai Technologies will post 4.6 EPS for the current year.

Insider Activity at Akamai Technologies

In related news, EVP Anthony P. Williams sold 15,000 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total value of $1,564,350.00. Following the completion of the transaction, the executive vice president directly owned 22,064 shares of the company’s stock, valued at $2,301,054.56. This represents a 40.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Laura Howell sold 11,273 shares of the firm’s stock in a transaction dated 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 sale, the chief accounting officer owned 12,559 shares of the company’s stock, valued at $1,257,658.26. This trade represents a 47.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 65,954 shares of company stock valued at $6,679,721 over the last three months. Corporate insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Akamai Technologies

Institutional investors have recently bought and sold shares of the stock. World Investment Advisors purchased a new stake in shares of Akamai Technologies in the fourth quarter worth about $251,000. Corient Private Wealth LLC increased its position in shares of Akamai Technologies by 5.6% during the 4th quarter. Corient Private Wealth LLC now owns 27,486 shares of the technology infrastructure company’s stock valued at $2,402,000 after purchasing an additional 1,457 shares during the last quarter. Rehmann Capital Advisory Group purchased a new stake in Akamai Technologies during the 4th quarter valued at $253,000. Employees Provident Fund Board bought a new stake in Akamai Technologies in the fourth quarter worth $9,118,000. Finally, Reflection Asset Management bought a new stake in Akamai Technologies in the fourth quarter worth $225,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

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.