Akamai Technologies, Inc. (NASDAQ:AKAM) Given Average Recommendation of “Hold” by Analysts

Akamai Technologies, Inc. (NASDAQ:AKAM) has been assigned an average recommendation of “Hold” from the twenty-two brokerages that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $145.2857.

A number of brokerages have recently issued reports on AKAM. Susquehanna boosted their price target on shares of Akamai Technologies from $120.00 to $175.00 and gave the stock a “positive” rating in a research note on Monday, May 11th. Citigroup boosted their price objective on shares of Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a report on Friday. HSBC boosted their price objective on shares of Akamai Technologies from $134.00 to $171.00 in a report on Monday, May 11th. Craig Hallum raised shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a report on Friday, May 8th. Finally, Scotiabank upped their price target on shares of Akamai Technologies from $120.00 to $180.00 and gave the company a “sector outperform” rating in a report on Friday, May 8th.

Insider Buying and Selling

In other news, CAO Laura Howell sold 11,273 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $100.14, for a total value of $1,128,878.22. Following the completion of the transaction, the chief accounting officer owned 12,559 shares of the company’s stock, valued at $1,257,658.26. The trade was a 47.30% 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, EVP Anthony P. Williams sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following the completion of the transaction, the executive vice president directly owned 22,064 shares of the company’s stock, valued at approximately $2,301,054.56. This represents a 40.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 53,954 shares of company stock valued at $5,511,371. 2.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. First Trust Advisors LP raised its holdings in Akamai Technologies by 16.5% in the 4th quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock valued at $589,112,000 after acquiring an additional 957,345 shares during the last quarter. Dimensional Fund Advisors LP increased its position in 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 worth $397,881,000 after purchasing an additional 349,451 shares during the last quarter. Nordea Investment Management AB increased its position in Akamai Technologies by 39.9% during the third quarter. Nordea Investment Management AB now owns 3,437,472 shares of the technology infrastructure company’s stock worth $258,739,000 after purchasing an additional 980,966 shares during the last quarter. Invesco Ltd. increased its position in Akamai Technologies by 5.8% during the third quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock worth $245,394,000 after purchasing an additional 177,756 shares during the last quarter. Finally, Norges Bank acquired a new position in Akamai Technologies during the fourth quarter worth approximately $192,959,000. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Key Akamai Technologies News

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

• Positive Sentiment: Morgan Stanley raised its price target on Akamai to $165 and kept an overweight rating, signaling improved Wall Street confidence in the stock’s upside. Akamai Technologies (NASDAQ:AKAM) Price Target Raised to $165.00 at Morgan Stanley
• Positive Sentiment: Citigroup lifted its target to $160 from $110 while maintaining a neutral rating, reflecting a much higher valuation view than before. Citigroup adjusts Akamai Technologies price target to $160 from $110, maintains neutral rating
• Positive Sentiment: Bank of America also raised its target to $175, adding to the list of recent upgrades and helping support the stock’s recent strength. This Analyst Just Upgraded Akamai Technologies. Here’s Why.
• Positive Sentiment: Akamai announced it will acquire LayerX for about $205 million, a move aimed at expanding its workforce security and AI usage-control capabilities, which may strengthen its long-term growth story. Akamai Technologies Announces Intent to Acquire LayerX
• Positive Sentiment: Experian said Akamai joined its agent trust partner ecosystem, highlighting Akamai’s role in secure, trusted AI-driven commerce initiatives. Experian Expands Agent Trust Partner Ecosystem with Akamai
• Neutral Sentiment: Despite the upbeat analyst sentiment, some traders are also weighing near-term integration costs and deal uncertainty from the LayerX purchase, which may explain some of the recent volatility.

Akamai Technologies Stock Down 3.1%

AKAM opened at $150.88 on Friday. The business has a 50 day moving average price of $111.77 and a two-hundred day moving average price of $97.98. The company has a quick ratio of 2.36, a current ratio of 2.06 and a debt-to-equity ratio of 0.84. The company has a market cap of $21.93 billion, a PE ratio of 50.80, a P/E/G ratio of 4.46 and a beta of 0.45. Akamai Technologies has a 52 week low of $69.78 and a 52 week high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, meeting the consensus estimate of $1.61. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the prior year, the business earned $1.70 EPS. The firm’s revenue was up 5.8% compared to the same quarter last year. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. As a group, research analysts anticipate that Akamai Technologies will post 4.16 EPS for the current year.

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.