Brokerages Set Akamai Technologies, Inc. (NASDAQ:AKAM) Target Price at $145.29

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

AKAM has been the topic of a number of recent analyst reports. Robert W. Baird reissued a “neutral” rating and issued a $110.00 price target on shares of Akamai Technologies in a report on Thursday, April 2nd. Zacks Research raised shares of Akamai Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Scotiabank increased their target price on shares of Akamai Technologies from $120.00 to $180.00 and gave the stock a “sector outperform” rating in a research note on Friday, May 8th. Oppenheimer raised their price target on shares of Akamai Technologies from $115.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Finally, Bank of America upgraded shares of Akamai Technologies from a “neutral” rating to a “buy” rating and boosted their price target for the company from $130.00 to $175.00 in a research report on Wednesday, May 13th.

Insider Buying and Selling at Akamai Technologies

In related news, CTO Robert Blumofe sold 243 shares of Akamai Technologies stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total transaction of $31,446.63. Following the completion of the sale, the chief technology officer owned 31,006 shares of the company’s stock, valued at approximately $4,012,486.46. This trade represents a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 value of $311,811.00. Following the transaction, the executive vice president owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. The trade was a 3.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is currently owned by company insiders.

Institutional Trading of Akamai Technologies

Large investors have recently modified their holdings of the business. Contravisory Investment Management Inc. bought a new stake in Akamai Technologies during the first quarter valued at approximately $1,172,000. HighTower Advisors LLC increased its holdings in shares of Akamai Technologies by 132.4% in the 4th quarter. HighTower Advisors LLC now owns 25,960 shares of the technology infrastructure company’s stock worth $2,265,000 after buying an additional 14,792 shares during the last quarter. Leeward Investments LLC MA increased its holdings in shares of Akamai Technologies by 32.6% in the 4th quarter. Leeward Investments LLC MA now owns 148,104 shares of the technology infrastructure company’s stock worth $12,922,000 after buying an additional 36,395 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of Akamai Technologies by 88.2% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 461,461 shares of the technology infrastructure company’s stock valued at $40,262,000 after buying an additional 216,222 shares in the last quarter. Finally, Baker Avenue Asset Management LP purchased a new stake in shares of Akamai Technologies during the 4th quarter valued at $1,393,000. Institutional investors own 94.28% of the company’s stock.

Akamai Technologies Stock Performance

Shares of AKAM opened at $113.75 on Friday. The stock’s 50-day simple moving average is $128.20 and its 200 day simple moving average is $114.83. The stock has a market capitalization of $16.54 billion, a price-to-earnings ratio of 38.30, a price-to-earnings-growth ratio of 3.37 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06. Akamai Technologies has a 52-week low of $69.78 and a 52-week high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last issued its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, hitting the consensus estimate of $1.61. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.07 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The firm’s revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.70 EPS. 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. Research analysts forecast that Akamai Technologies will post 3.91 EPS for the current fiscal year.

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.