Equities Analysts Set Expectations for AKAM FY2026 Earnings

Akamai Technologies, Inc. (NASDAQ:AKAM) – Scotiabank cut their FY2026 earnings estimates for shares of Akamai Technologies in a report released on Wednesday, November 11th. Scotiabank analyst P. Colville now expects that the technology infrastructure company will earn $3.47 per share for the year, down from their prior estimate of $3.55. Scotiabank currently has a “Sector Outperform” rating and a $120.00 target price on the stock. The consensus estimate for Akamai Technologies’ current full-year earnings is $3.58 per share.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings results on Thursday, November 5th. The technology infrastructure company reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.10. Akamai Technologies had a net margin of 8.84% and a return on equity of 10.88%. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the previous year, the firm posted $1.86 earnings per share. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. 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.

AKAM has been the subject of several other reports. Susquehanna dropped their target price on shares of Akamai Technologies from $140.00 to $90.00 and set a “positive” rating for the company in a report on Friday, November 6th. FBN Securities restated an “outperform” rating and set a $120.00 price target on shares of Akamai Technologies in a report on Friday, November 6th. UBS Group lowered their price target on Akamai Technologies from $100.00 to $90.00 and set a “neutral” rating for the company in a research report on Friday, November 6th. Guggenheim reiterated a “buy” rating on shares of Akamai Technologies in a report on Friday, October 30th. Finally, DA Davidson cut their price objective on Akamai Technologies from $150.00 to $125.00 and set a “buy” rating on the stock in a research report on Friday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $135.09.

Akamai Technologies Stock Performance

NASDAQ:AKAM opened at $86.56 on Friday. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.64 and a current ratio of 2.13. Akamai Technologies has a fifty-two week low of $77.37 and a fifty-two week high of $165.45. The business has a 50 day moving average price of $99.75 and a 200-day moving average price of $112.00. The firm has a market cap of $12.48 billion, a PE ratio of 33.55, a price-to-earnings-growth ratio of 2.99 and a beta of 0.65.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. First Trust Advisors LP lifted its position in Akamai Technologies by 12.1% during the 3rd quarter. First Trust Advisors LP now owns 5,326,436 shares of the technology infrastructure company’s stock valued at $553,668,000 after acquiring an additional 574,317 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Akamai Technologies by 11.2% during the first quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock valued at $397,881,000 after acquiring an additional 349,451 shares in the last quarter. Edmond DE Rothschild Holding S.A. bought a new position in shares of Akamai Technologies during the second quarter valued at $222,046,000. Pictet Asset Management Holding SA raised its position in shares of Akamai Technologies by 3.6% in the 3rd quarter. Pictet Asset Management Holding SA now owns 1,731,292 shares of the technology infrastructure company’s stock worth $184,215,000 after purchasing an additional 59,453 shares during the last quarter. Finally, William Blair Investment Management LLC purchased a new position in shares of Akamai Technologies in the 2nd quarter worth about $181,508,000. Institutional investors own 94.28% of the company’s stock.

Insider Activity

In other Akamai Technologies news, EVP Mani Sundaram sold 7,022 shares of the firm’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $125.62, for a total value of $882,103.64. Following the completion of the sale, the executive vice president directly owned 14,625 shares in the company, valued at $1,837,192.50. This trade represents a 32.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul C. Joseph sold 3,100 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $105.63, for a total transaction of $327,453.00. Following the completion of the sale, the executive vice president owned 28,472 shares of the company’s stock, valued at $3,007,497.36. This trade represents a 9.82% 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. In the last 90 days, insiders have sold 12,135 shares of company stock valued at $1,467,221. Corporate insiders own 2.30% of the company’s stock.

About Akamai Technologies

Akamai Technologies is a technology company that provides cloud computing, cybersecurity and content delivery services. Its distributed platform helps businesses deliver digital content and applications, protect online operations and run workloads closer to users and devices. The company’s offerings include web and application performance services, protection against cyberattacks, application and API security, and cloud infrastructure through Akamai Connected Cloud. Its services support organizations seeking to improve the speed, availability and security of their websites, applications and online services.