Akamai Technologies (NASDAQ:AKAM) Price Target Raised to $190.00

Akamai Technologies (NASDAQ:AKAM) had its target price hoisted by stock analysts at Guggenheim from $181.00 to $190.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the technology infrastructure company’s stock. Guggenheim’s price target would indicate a potential upside of 69.35% from the stock’s current price.

Several other analysts also recently commented on AKAM. Scotiabank upped their price objective on Akamai Technologies from $120.00 to $180.00 and gave the company a “sector outperform” rating in a research note on Friday, May 8th. UBS Group boosted their target price on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Oppenheimer upped their price target on Akamai Technologies from $115.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Zacks Research raised Akamai Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Finally, Craig Hallum upgraded shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a research report on Friday, May 8th. Twelve research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Akamai Technologies presently has a consensus rating of “Hold” and an average target price of $145.71.

Akamai Technologies Stock Performance

Akamai Technologies stock traded down $6.36 during midday trading on Friday, hitting $112.19. 4,250,668 shares of the company’s stock were exchanged, compared to its average volume of 4,700,135. Akamai Technologies has a 12-month low of $69.78 and a 12-month high of $165.45. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06. The stock has a market cap of $16.31 billion, a price-to-earnings ratio of 37.74, a price-to-earnings-growth ratio of 5.19 and a beta of 0.63. The firm’s 50 day simple moving average is $125.55 and its 200 day simple moving average is $115.83.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.02. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the prior year, the company earned $1.73 earnings per share. The business’s revenue was up 5.4% compared to the same quarter last year. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. Equities research analysts predict that Akamai Technologies will post 3.91 EPS for the current year.

Insider Buying and Selling

In related news, CTO Robert Blumofe sold 243 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total transaction of $31,446.63. Following the transaction, the chief technology officer owned 31,006 shares of the company’s stock, valued at $4,012,486.46. This represents a 0.78% decrease in their ownership of the stock. The sale was disclosed in a legal 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 Kim Salem-Jackson sold 2,300 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the completion of the transaction, the executive vice president owned 59,210 shares of the company’s stock, valued at $8,027,099.70. The trade was a 3.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Akamai Technologies

A number of large investors have recently made changes to their positions in AKAM. Contravisory Investment Management Inc. acquired a new stake in shares of Akamai Technologies during the 1st quarter worth $1,172,000. HighTower Advisors LLC grew its position in Akamai Technologies by 132.4% during the fourth quarter. HighTower Advisors LLC now owns 25,960 shares of the technology infrastructure company’s stock valued at $2,265,000 after acquiring an additional 14,792 shares during the period. Leeward Investments LLC MA grew its position in Akamai Technologies by 32.6% during the fourth quarter. Leeward Investments LLC MA now owns 148,104 shares of the technology infrastructure company’s stock valued at $12,922,000 after acquiring an additional 36,395 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in Akamai Technologies by 88.2% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 461,461 shares of the technology infrastructure company’s stock worth $40,262,000 after acquiring an additional 216,222 shares during the last quarter. Finally, Baker Avenue Asset Management LP acquired a new stake in Akamai Technologies during the fourth quarter worth about $1,393,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Trending Headlines about Akamai Technologies

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

• Positive Sentiment: Akamai reported second-quarter 2026 revenue of approximately $1.10 billion, up 5.4% year over year and above the $1.09 billion consensus estimate. Adjusted EPS of $1.59 also exceeded expectations of $1.57, supported by demand for cloud infrastructure and security services. Akamai beats quarterly estimates on cloud infrastructure demand
• Positive Sentiment: The company announced a cloud infrastructure services contract worth more than $600 million, intended to support AI and robotics development. The deal reinforces Akamai’s position in the AI infrastructure market and provided a strong near-term catalyst for the stock. Akamai Stock Is Solidly Part of the AI Trade After Earnings
• Positive Sentiment: Akamai’s full-year 2026 EPS guidance of $6.40 to $7.05 is above the $6.15 analyst consensus, while management cited continued momentum in AI cloud and cybersecurity demand. Akamai Q2 Earnings Beat Estimates
• Neutral Sentiment: Akamai highlighted emerging AI-browser security exploits, underscoring the need for enterprise protection but also signaling a rapidly changing and potentially costly threat environment. Akamai uncovers AI browser exploits
• Negative Sentiment: Quarterly revenue guidance was viewed as slightly below expectations, with full-year revenue guidance of $4.4 billion to $4.5 billion versus a $4.5 billion consensus. This has limited the benefit of the earnings beat. Akamai’s Q2 CY2026 beats on revenue
• Negative Sentiment: Higher infrastructure investment for AI growth is pressuring margins, cash requirements and leverage. EPS declined from $1.73 in the year-ago quarter to $1.59, increasing investor concern about the timing and profitability of the AI buildout. Akamai Technologies: Strong AI-Led Growth, Turbulent Profitability
• Negative Sentiment: Reported insider activity showed selling without purchases over the past six months, which may add to cautious sentiment, although insider transactions are not necessarily tied to company fundamentals.

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.