Akamai Technologies (NASDAQ:AKAM) Updates Q3 2026 Earnings Guidance

Akamai Technologies (NASDAQ:AKAM) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.600-1.800 for the period, compared to the consensus EPS estimate of 1.560. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. Akamai Technologies also updated its FY 2026 guidance to 6.400-7.050 EPS.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on AKAM shares. Citigroup lifted their price objective on shares of Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday, May 15th. HSBC raised their target price on shares of Akamai Technologies from $134.00 to $171.00 in a report on Monday, May 11th. Raymond James Financial lifted their price target on shares of Akamai Technologies from $140.00 to $170.00 in a research report on Monday, May 11th. Oppenheimer upped their price target on Akamai Technologies from $115.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a research report on Wednesday, June 24th. Twelve investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Akamai Technologies currently has a consensus rating of “Hold” and an average price target of $145.29.

Akamai Technologies Trading Down 3.0%

NASDAQ AKAM traded down $3.72 on Thursday, hitting $118.55. 5,461,138 shares of the company were exchanged, compared to its average volume of 4,704,678. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.06. Akamai Technologies has a twelve month low of $69.78 and a twelve month high of $165.45. The firm has a market capitalization of $17.24 billion, a P/E ratio of 39.92, a price-to-earnings-growth ratio of 5.23 and a beta of 0.63. The company’s 50 day moving average price is $126.04 and its 200-day moving average price is $115.65.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, hitting the consensus estimate of $1.61. The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period last year, the company posted $1.70 earnings per share. Analysts predict that Akamai Technologies will post 3.91 earnings per share for the current fiscal year.

Insider Activity at Akamai Technologies

In other Akamai Technologies news, CTO Robert Blumofe sold 243 shares of Akamai Technologies stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total transaction of $31,446.63. Following the transaction, the chief technology officer directly owned 31,006 shares in the company, valued at approximately $4,012,486.46. The trade was a 0.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total transaction of $311,811.00. Following the sale, the executive vice president directly owned 59,210 shares in the company, valued at approximately $8,027,099.70. This trade represents a 3.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Rexford Capital Inc. raised its stake in shares of Akamai Technologies by 1.9% during the fourth quarter. Rexford Capital Inc. now owns 5,106 shares of the technology infrastructure company’s stock worth $445,000 after acquiring an additional 93 shares in the last quarter. Siemens Fonds Invest GmbH grew its holdings in shares of Akamai Technologies by 8.3% during the 3rd quarter. Siemens Fonds Invest GmbH now owns 2,043 shares of the technology infrastructure company’s stock valued at $155,000 after purchasing an additional 156 shares during the last quarter. Orion Porfolio Solutions LLC grew its holdings in shares of Akamai Technologies by 8.4% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 2,966 shares of the technology infrastructure company’s stock valued at $225,000 after purchasing an additional 231 shares during the last quarter. Woodline Partners LP raised its position in Akamai Technologies by 1.1% in the 3rd quarter. Woodline Partners LP now owns 21,804 shares of the technology infrastructure company’s stock worth $1,652,000 after purchasing an additional 236 shares during the period. Finally, Zions Bancorporation National Association UT raised its position in Akamai Technologies by 4.8% in the 4th quarter. Zions Bancorporation National Association UT now owns 5,171 shares of the technology infrastructure company’s stock worth $451,000 after purchasing an additional 239 shares during the period. Hedge funds and other institutional investors own 94.28% of the company’s stock.

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.