Akamai Technologies, Inc. (NASDAQ:AKAM – Free Report) – Stock analysts at Zacks Research lifted their Q3 2026 earnings per share (EPS) estimates for shares of Akamai Technologies in a research note issued to investors on Monday, January 27th. Zacks Research analyst A. Chatterjee now expects that the technology infrastructure company will post earnings per share of $1.13 for the quarter, up from their prior estimate of $1.12. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.28 per share. Zacks Research also issued estimates for Akamai Technologies’ FY2026 earnings at $4.71 EPS.
Several other analysts have also recently weighed in on the company. UBS Group initiated coverage on Akamai Technologies in a report on Monday, December 16th. They set a “neutral” rating and a $110.00 price objective for the company. Scotiabank cut their price objective on shares of Akamai Technologies from $115.00 to $112.00 and set a “sector outperform” rating on the stock in a report on Friday, November 8th. Evercore ISI reaffirmed an “outperform” rating and set a $110.00 target price on shares of Akamai Technologies in a report on Tuesday, December 17th. Hsbc Global Res raised Akamai Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. Finally, Citigroup decreased their price objective on Akamai Technologies from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Friday, January 17th. One research analyst has rated the stock with a sell rating, six have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $116.10.
Akamai Technologies Trading Up 0.9 %
AKAM stock opened at $100.54 on Tuesday. The business has a fifty day moving average of $95.13 and a 200-day moving average of $97.54. The company has a market cap of $15.10 billion, a P/E ratio of 29.75, a PEG ratio of 3.40 and a beta of 0.64. Akamai Technologies has a twelve month low of $84.70 and a twelve month high of $129.17. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.50.
Insider Buying and Selling at Akamai Technologies
In other news, EVP Paul C. Joseph sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $91.57, for a total value of $366,280.00. Following the completion of the transaction, the executive vice president now owns 23,104 shares in the company, valued at $2,115,633.28. This trade represents a 14.76 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Robert Blumofe sold 2,500 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $88.61, for a total value of $221,525.00. Following the sale, the chief technology officer now owns 19,510 shares in the company, valued at $1,728,781.10. The trade was a 11.36 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 22,282 shares of company stock worth $2,099,996. Corporate insiders own 1.80% of the company’s stock.
Hedge Funds Weigh In On Akamai Technologies
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Public Sector Pension Investment Board raised its stake in Akamai Technologies by 79.9% in the second quarter. Public Sector Pension Investment Board now owns 5,975 shares of the technology infrastructure company’s stock valued at $538,000 after buying an additional 2,654 shares during the period. MBB Public Markets I LLC raised its stake in Akamai Technologies by 335.0% in the 2nd quarter. MBB Public Markets I LLC now owns 10,819 shares of the technology infrastructure company’s stock valued at $975,000 after acquiring an additional 8,332 shares during the period. Creative Planning lifted its holdings in Akamai Technologies by 0.9% during the 2nd quarter. Creative Planning now owns 106,970 shares of the technology infrastructure company’s stock valued at $9,636,000 after purchasing an additional 980 shares during the last quarter. Systematic Financial Management LP boosted its position in Akamai Technologies by 52.7% during the second quarter. Systematic Financial Management LP now owns 4,910 shares of the technology infrastructure company’s stock worth $442,000 after purchasing an additional 1,695 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in shares of Akamai Technologies in the second quarter valued at $984,000. 94.28% of the stock is owned by institutional investors.
Akamai Technologies Company Profile
Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.
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