Akamai Technologies (NASDAQ:AKAM) Price Target Raised to $120.00

Akamai Technologies (NASDAQ:AKAM) had its price target raised by KeyCorp from $115.00 to $120.00 in a report released on Friday,Benzinga reports. They currently have an overweight rating on the technology infrastructure company’s stock.

Several other brokerages have also recently weighed in on AKAM. Jefferies Financial Group cut shares of Akamai Technologies to an “underperform” rating in a research note on Monday, December 15th. President Capital upped their price objective on Akamai Technologies from $104.00 to $116.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Scotiabank lifted their target price on Akamai Technologies from $94.00 to $105.00 and gave the company a “sector outperform” rating in a research report on Friday, January 9th. Raymond James Financial boosted their price target on Akamai Technologies from $84.00 to $90.00 and gave the company an “outperform” rating in a report on Monday, November 10th. Finally, DA Davidson upped their price target on Akamai Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Ten research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $107.89.

Akamai Technologies Trading Down 14.1%

Shares of NASDAQ:AKAM opened at $94.17 on Friday. The stock’s 50-day simple moving average is $93.66 and its two-hundred day simple moving average is $84.18. The stock has a market capitalization of $13.55 billion, a price-to-earnings ratio of 30.57, a PEG ratio of 2.90 and a beta of 0.70. Akamai Technologies has a 52-week low of $67.51 and a 52-week high of $113.50. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.28 and a current ratio of 2.36.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.09. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The business’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.66 EPS. 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. Analysts expect that Akamai Technologies will post 4.6 EPS for the current year.

Insider Activity at Akamai Technologies

In other news, EVP Mani Sundaram sold 10,438 shares of Akamai Technologies stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $89.25, for a total transaction of $931,591.50. Following the sale, the executive vice president owned 13,550 shares in the company, valued at $1,209,337.50. This trade represents a 43.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Adam Karon sold 3,320 shares of the company’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $87.30, for a total transaction of $289,836.00. Following the transaction, the chief operating officer owned 7,785 shares of the company’s stock, valued at approximately $679,630.50. This represents a 29.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 32,318 shares of company stock worth $2,967,254 in the last three months. Corporate insiders own 2.00% of the company’s stock.

Institutional Trading of Akamai Technologies

Hedge funds have recently bought and sold shares of the stock. Brighton Jones LLC grew its position in shares of Akamai Technologies by 101.4% during the fourth quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company’s stock valued at $384,000 after purchasing an additional 2,022 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Akamai Technologies by 35.2% during the first quarter. Jones Financial Companies Lllp now owns 1,087 shares of the technology infrastructure company’s stock valued at $88,000 after buying an additional 283 shares during the last quarter. United Services Automobile Association purchased a new position in Akamai Technologies during the 1st quarter valued at approximately $266,000. Empowered Funds LLC increased its stake in Akamai Technologies by 73.0% in the 1st quarter. Empowered Funds LLC now owns 7,134 shares of the technology infrastructure company’s stock worth $574,000 after acquiring an additional 3,010 shares during the last quarter. Finally, D.A. Davidson & CO. increased its stake in Akamai Technologies by 5.2% in the 2nd quarter. D.A. Davidson & CO. now owns 10,011 shares of the technology infrastructure company’s stock worth $798,000 after acquiring an additional 491 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Key Akamai Technologies News

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

• Positive Sentiment: Q4 beat and revenue growth — Akamai reported Q4 EPS $1.84 vs. $1.75 expected and revenue of ~$1.095B (up ~7% YoY), driven by security and cloud sales; non‑GAAP EPS and full‑year revenue growth were highlighted in the release. Akamai Reports Fourth Quarter 2025 and Full-Year 2025 Financial Results
• Positive Sentiment: AI/Cloud momentum in core CIS business — Management signaled strong traction in AI Inference Cloud and sees Cloud Infrastructure Services (CIS) growth accelerating (Seeking Alpha reports management projecting 45%–50% CIS growth in 2026), which underpins longer‑term upside if execution continues. Akamai projects 45%-50% CIS revenue growth in 2026 as AI Inference Cloud momentum accelerates
• Positive Sentiment: Analyst target upgrades — Multiple firms raised price targets (Morgan Stanley, KeyCorp, Scotiabank, Susquehanna, etc.), reflecting optimism on the company’s AI/cloud runway despite near‑term noise. Analyst price target adjustments
• Neutral Sentiment: FY26 revenue guide above estimates but EPS range broad — Akamai guided FY26 revenue to $4.4B–$4.6B (above some Street estimates) and EPS to $6.20–$7.20; investors are parsing the wide EPS range versus consensus. Akamai forecasts annual revenue above estimates on cloud infrastructure momentum
• Neutral Sentiment: Q1 guidance roughly in line — Akamai set Q1 EPS guidance of $1.50–$1.67, near consensus, leaving the immediate outlook neither clearly beat nor miss. Akamai Q4 press release / guidance
• Negative Sentiment: Guidance/near‑term concerns sparked a selloff — Despite the beat, several outlets and traders focused on the lower‑end EPS guidance, raising concerns and triggering heavy selling pressure intraday/after‑hours. Akamai Tumbles 11% Despite Q4 Beat As 2026 Outlook Disappoints
• Negative Sentiment: Operational headwinds cited — Management noted a memory shortage that could pressure near‑term margins/visibility (covered in commentary/video), adding to investor caution. Akamai outlook dragged by memory shortage, Blue Owl under pressure
• Negative Sentiment: Mixed analyst views remain — while many raised targets, at least one major firm (Goldman) remains on the sell side with a low target, keeping bearish conviction in some desks. Goldman Sachs maintains sell rating

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.