Robert W. Baird Reaffirms “Neutral” Rating for Akamai Technologies (NASDAQ:AKAM)

Akamai Technologies (NASDAQ:AKAM)‘s stock had its “neutral” rating restated by Robert W. Baird in a note issued to investors on Thursday,Benzinga reports. They currently have a $110.00 price objective on the technology infrastructure company’s stock. Robert W. Baird’s price objective would suggest a potential downside of 4.97% from the stock’s current price.

AKAM has been the topic of several other research reports. Morgan Stanley boosted their price target on Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Oppenheimer lifted their target price on Akamai Technologies from $100.00 to $115.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Jefferies Financial Group lowered Akamai Technologies to an “underperform” rating in a report on Monday, December 15th. KeyCorp upped their price target on Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Finally, Piper Sandler increased their price target on Akamai Technologies from $89.00 to $97.00 and gave the stock a “neutral” rating in a report on Monday, February 23rd. Nine research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $109.89.

Akamai Technologies Stock Up 0.8%

Shares of NASDAQ:AKAM opened at $115.75 on Thursday. Akamai Technologies has a 1-year low of $67.51 and a 1-year high of $121.12. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.36 and a quick ratio of 2.36. The stock has a market cap of $16.78 billion, a P/E ratio of 37.58, a P/E/G ratio of 3.87 and a beta of 0.59. The firm has a fifty day moving average price of $103.60 and a 200 day moving average price of $90.06.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.09. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The company 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 business posted $1.66 earnings per share. Akamai Technologies’s quarterly revenue was up 7.4% on a year-over-year basis. 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 predict that Akamai Technologies will post 4.6 EPS for the current year.

Insider Buying and Selling at Akamai Technologies

In related news, Director Jon Miller sold 11,000 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $102.67, for a total transaction of $1,129,370.00. Following the transaction, the director owned 22,806 shares of the company’s stock, valued at $2,341,492.02. This represents a 32.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Mani Sundaram sold 8,642 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $101.25, for a total value of $875,002.50. Following the completion of the transaction, the executive vice president owned 19,923 shares of the company’s stock, valued at $2,017,203.75. The trade was a 30.25% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 69,274 shares of company stock worth $6,969,557. 2.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Akamai Technologies

Several institutional investors have recently made changes to their positions in AKAM. JFS Wealth Advisors LLC grew its stake in shares of Akamai Technologies by 626.2% during the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after purchasing an additional 263 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Akamai Technologies by 295.3% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 251 shares during the period. Smartleaf Asset Management LLC boosted its holdings in Akamai Technologies by 566.7% during the third quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 289 shares in the last quarter. TD Waterhouse Canada Inc. boosted its holdings in 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 buying an additional 195 shares in the last quarter. Finally, Sarver Vrooman Wealth Advisors acquired a new position in Akamai Technologies during the fourth quarter worth about $31,000. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

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.