Akamai Technologies (NASDAQ:AKAM) Price Target Lowered to $135.00 at Royal Bank Of Canada

Akamai Technologies (NASDAQ:AKAM) had its price objective decreased by Royal Bank Of Canada from $150.00 to $135.00 in a research note released on Friday,Benzinga reports. Royal Bank Of Canada currently has a sector perform rating on the technology infrastructure company’s stock.

A number of other analysts also recently weighed in on the stock. Piper Sandler reduced their price target on shares of Akamai Technologies from $156.00 to $140.00 and set a “neutral” rating for the company in a report on Friday. Citigroup boosted their price target on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. Evercore started coverage on shares of Akamai Technologies in a research note on Tuesday, April 14th. They set an “outperform” rating and a $130.00 price objective on the stock. UBS Group raised their target price on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Finally, Raymond James Financial boosted their price objective on shares of Akamai Technologies from $140.00 to $170.00 in a research report on Monday, May 11th. Twelve investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Akamai Technologies currently has an average rating of “Hold” and an average price target of $145.33.

Akamai Technologies Trading Down 6.8%

Shares of AKAM stock opened at $110.54 on Friday. The business’s 50 day moving average is $124.77 and its two-hundred day moving average is $115.79. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.84. Akamai Technologies has a 12 month low of $69.78 and a 12 month high of $165.45. The company has a market cap of $16.07 billion, a PE ratio of 39.76, a price-to-earnings-growth ratio of 5.03 and a beta of 0.63.

Akamai Technologies (NASDAQ:AKAM) last posted its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.02. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.24%. Akamai Technologies’s revenue was up 5.4% compared to the same quarter last year. During the same period last year, the business posted $1.73 EPS. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. Equities analysts predict that Akamai Technologies will post 3.91 EPS for the current year.

Insider Transactions at Akamai Technologies

In other news, EVP Kim Salem-Jackson sold 2,300 shares of the firm’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 of the company’s stock, valued at $8,027,099.70. This trade represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of Akamai Technologies stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total transaction of $31,446.63. Following the completion of the transaction, the chief technology officer directly owned 31,006 shares in the company, valued at approximately $4,012,486.46. The trade was a 0.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Akamai Technologies

A number of large investors have recently modified their holdings of AKAM. Sarver Vrooman Wealth Advisors bought a new stake in Akamai Technologies during the fourth quarter worth $31,000. Root Financial Partners LLC increased its stake in shares of Akamai Technologies by 45.8% during the fourth quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock worth $31,000 after purchasing an additional 110 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in shares of Akamai Technologies during the second quarter worth $32,000. WealthCollab LLC raised its stake in Akamai Technologies by 154.2% in the 4th quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock worth $34,000 after purchasing an additional 239 shares in the last quarter. Finally, Align Financial LLC bought a new stake in shares of Akamai Technologies in the fourth quarter valued at approximately $34,000. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Akamai Technologies

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

• Positive Sentiment: Akamai reported second-quarter adjusted EPS of $1.59, above the $1.57 consensus, while revenue rose 5.4% year over year to approximately $1.10 billion, exceeding estimates. Demand remained solid across cloud infrastructure and cybersecurity services. Akamai beats quarterly estimates on cloud infrastructure demand
• Positive Sentiment: The company announced a cloud infrastructure services contract valued at more than $600 million, reinforcing its position in the AI and robotics infrastructure market. Akamai Stock Is Solidly Part of the AI Trade After Earnings
• Positive Sentiment: Akamai’s third-quarter EPS outlook of $1.60–$1.80 topped the $1.56 consensus, and its full-year EPS forecast of $6.40–$7.05 is above the $6.15 analyst estimate. TD Cowen and Guggenheim raised their price targets to $140 and $190, respectively, with Guggenheim retaining a buy rating. Akamai Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: Analyst opinion remains mixed. Royal Bank of Canada cut its target to $135 with a sector-perform rating, while Piper Sandler lowered its target to $140 and maintained neutral. These targets still imply substantial upside from recent trading levels, but the reductions signal more cautious expectations.
• Negative Sentiment: Although earnings exceeded estimates, second-quarter EPS declined from $1.73 a year earlier. Analysts are also focused on higher infrastructure investment needed to support Akamai’s AI expansion, which is weighing on near-term margins and cash-flow expectations.
• Negative Sentiment: Full-year revenue guidance of approximately $4.4–$4.5 billion was slightly below the $4.5 billion consensus, creating disappointment after the earnings beat. The stock’s decline suggests investors are prioritizing guidance and profitability risks over the headline results.

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.