Akamai Technologies (NASDAQ:AKAM – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 6.470-6.680 for the period, compared to the consensus estimate of 6.030. The company issued revenue guidance of $4.4 billion-$4.5 billion, compared to the consensus revenue estimate of $4.5 billion. Akamai Technologies also updated its Q4 2026 guidance to 1.500-1.700 EPS.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on AKAM shares. DA Davidson dropped their price target on Akamai Technologies from $185.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, September 28th. UBS Group lowered their price objective on shares of Akamai Technologies from $148.00 to $100.00 and set a “neutral” rating for the company in a research report on Thursday, October 22nd. Guggenheim reiterated a “buy” rating on shares of Akamai Technologies in a research note on Friday, October 30th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $135.00 price objective on shares of Akamai Technologies in a research note on Friday, September 25th. Finally, Raymond James Financial raised shares of Akamai Technologies from an “outperform” rating to a “strong-buy” rating and set a $170.00 price objective on the stock in a research report on Tuesday, October 20th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $145.24.
Check Out Our Latest Analysis on AKAM
Akamai Technologies Price Performance
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The technology infrastructure company reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.10. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Akamai Technologies has set its FY 2026 guidance at 6.470-6.680 EPS and its Q4 2026 guidance at 1.500-1.700 EPS. Research analysts expect that Akamai Technologies will post 3.58 earnings per share for the current year.
Insider Transactions at Akamai Technologies
In other news, EVP Paul C. Joseph sold 3,100 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $105.63, for a total value of $327,453.00. Following the completion of the transaction, the executive vice president directly owned 28,472 shares in the company, valued at approximately $3,007,497.36. This represents a 9.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,013 shares of Akamai Technologies stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $128.00, for a total value of $257,664.00. Following the completion of the transaction, the executive vice president owned 57,197 shares of the company’s stock, valued at $7,321,216. This trade represents a 3.40% 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. Insiders have sold 12,135 shares of company stock worth $1,467,221 over the last quarter. 2.30% of the stock is currently owned by insiders.
About Akamai Technologies
Akamai Technologies, Inc provides cloud, cybersecurity and content-delivery services that help organizations operate and protect applications, websites and digital media over the internet. Its distributed edge platform is designed to deliver online content closer to end users while improving performance, availability and resilience.
The company’s services include content delivery and application performance solutions, cloud computing capabilities, web and application security, distributed denial-of-service protection, bot management and zero-trust security tools.
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