Akamai Technologies, Inc. (NASDAQ:AKAM) Given Consensus Rating of “Hold” by Brokerages

Shares of Akamai Technologies, Inc. (NASDAQ:AKAM) have earned an average recommendation of “Hold” from the twenty-two analysts that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $145.2857.

Several equities analysts have recently commented on AKAM shares. Piper Sandler restated a “neutral” rating and issued a $156.00 price objective (up from $114.00) on shares of Akamai Technologies in a report on Friday, May 8th. Bank of America upgraded shares of Akamai Technologies from a “neutral” rating to a “buy” rating and lifted their target price for the company from $130.00 to $175.00 in a report on Wednesday, May 13th. HSBC boosted their target price on Akamai Technologies from $134.00 to $171.00 in a research report on Monday, May 11th. Susquehanna upped their price target on Akamai Technologies from $120.00 to $175.00 and gave the stock a “positive” rating in a research note on Monday, May 11th. Finally, Morgan Stanley raised their price target on Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th.

Akamai Technologies Stock Down 5.6%

Shares of AKAM opened at $117.37 on Friday. The company’s 50-day moving average price is $131.64 and its 200 day moving average price is $113.96. Akamai Technologies has a 12-month low of $69.78 and a 12-month high of $165.45. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.84. The firm has a market cap of $17.06 billion, a P/E ratio of 39.52, a price-to-earnings-growth ratio of 3.90 and a beta of 0.63.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, hitting the consensus estimate of $1.61. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the firm posted $1.70 earnings per share. Akamai Technologies’s revenue was up 5.8% compared to the same quarter last year. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. On average, sell-side analysts forecast that Akamai Technologies will post 3.92 earnings per share for the current year.

Insider Activity

In other Akamai Technologies news, CTO Robert Blumofe sold 243 shares of Akamai Technologies stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $129.41, for a total value of $31,446.63. Following the completion of the transaction, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at $4,012,486.46. The trade was a 0.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total transaction of $311,811.00. Following the sale, the executive vice president owned 59,210 shares in the company, valued at $8,027,099.70. This trade represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. JFS Wealth Advisors LLC grew its stake 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 worth $27,000 after acquiring an additional 263 shares in the last quarter. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Akamai Technologies in the 4th quarter valued at approximately $31,000. Root Financial Partners LLC increased its position in shares of Akamai Technologies by 45.8% in the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after purchasing an additional 110 shares during the last quarter. WealthCollab LLC raised its holdings in shares of Akamai Technologies by 154.2% in the 4th quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock valued at $34,000 after purchasing an additional 239 shares in the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Akamai Technologies in the 2nd quarter valued at $32,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

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.