Akamai Technologies (NASDAQ:AKAM) Price Target Raised to $110.00 at Citigroup

Posted by Amy Steele on Feb 21st, 2026

Akamai Technologies (NASDAQ:AKAM – Get Free Report) had its target price lifted by research analysts at Citigroup from $103.00 to $110.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage presently has a “neutral” rating on the technology infrastructure company’s stock. Citigroup’s price target would suggest a potential upside of 16.81% from the company’s previous close.

Several other brokerages have also issued reports on AKAM. Scotiabank boosted their price objective on Akamai Technologies from $105.00 to $120.00 and gave the company a “sector outperform” rating in a research report on Friday. Oppenheimer upped their price target on shares of Akamai Technologies from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Jefferies Financial Group downgraded shares of Akamai Technologies to an “underperform” rating in a research report on Monday, December 15th. President Capital upped their target price on shares of Akamai Technologies from $104.00 to $116.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Finally, Craig Hallum increased their target price on Akamai Technologies from $90.00 to $100.00 and gave the stock a “hold” rating in a report on Friday. Ten investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Akamai Technologies has a consensus rating of “Hold” and an average target price of $107.89.

View Our Latest Report on Akamai Technologies

Akamai Technologies Stock Down 14.1%

Akamai Technologies stock opened at $94.17 on Friday. The company’s 50 day simple moving average is $93.66 and its 200 day simple moving average is $84.04. Akamai Technologies has a fifty-two week low of $67.51 and a fifty-two week high of $113.50. The firm has a market capitalization of $13.55 billion, a price-to-earnings ratio of 30.57, a PEG ratio of 3.38 and a beta of 0.70. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.28 and a quick ratio of 2.28.

Akamai Technologies (NASDAQ:AKAM – Get Free Report) last posted its earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.09. Akamai Technologies had a net margin of 10.74% and a return on equity of 14.15%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same period last year, the business posted $1.66 earnings per share. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. As a group, sell-side analysts anticipate that Akamai Technologies will post 4.6 EPS for the current year.

Insider Buying and Selling

In other Akamai Technologies news, CFO Edward J. Mcgowan sold 6,560 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $88.03, for a total value of $577,476.80. Following the completion of the transaction, the chief financial officer directly owned 16,442 shares in the company, valued at $1,447,389.26. This trade represents a 28.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Paul C. Joseph sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $90.17, for a total value of $450,850.00. Following the transaction, the executive vice president directly owned 17,513 shares in the company, valued at $1,579,147.21. This trade represents a 22.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 32,318 shares of company stock worth $2,967,254 over the last three months. Company insiders own 2.00% 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 AKAM. Whittier Trust Co. of Nevada Inc. lifted its stake in Akamai Technologies by 295.3% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 251 shares during the last quarter. TD Waterhouse Canada Inc. raised its holdings in shares of Akamai Technologies by 130.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 195 shares during the period. Smartleaf Asset Management LLC lifted its stake in Akamai Technologies by 566.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 289 shares during the last quarter. JFS Wealth Advisors LLC lifted its stake in Akamai Technologies by 626.2% in the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after purchasing an additional 263 shares during the last quarter. Finally, Wolff Wiese Magana LLC grew its holdings in Akamai Technologies by 497.0% during the third quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock worth $30,000 after purchasing an additional 333 shares during the period. 94.28% of the stock is owned by institutional investors.

Akamai Technologies News Summary

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

Positive Sentiment: Q4 beat and revenue growth — Akamai reported Q4 EPS $1.84 vs. $1.75 expected and revenue of ~$1.095B (up ~7% YoY), driven by security and cloud sales; non‑GAAP EPS and full‑year revenue growth were highlighted in the release. Akamai Reports Fourth Quarter 2025 and Full-Year 2025 Financial Results
Positive Sentiment: AI/Cloud momentum in core CIS business — Management signaled strong traction in AI Inference Cloud and sees Cloud Infrastructure Services (CIS) growth accelerating (Seeking Alpha reports management projecting 45%–50% CIS growth in 2026), which underpins longer‑term upside if execution continues. Akamai projects 45%-50% CIS revenue growth in 2026 as AI Inference Cloud momentum accelerates
Positive Sentiment: Analyst target upgrades — Multiple firms raised price targets (Morgan Stanley, KeyCorp, Scotiabank, Susquehanna, etc.), reflecting optimism on the company’s AI/cloud runway despite near‑term noise. Analyst price target adjustments
Neutral Sentiment: FY26 revenue guide above estimates but EPS range broad — Akamai guided FY26 revenue to $4.4B–$4.6B (above some Street estimates) and EPS to $6.20–$7.20; investors are parsing the wide EPS range versus consensus. Akamai forecasts annual revenue above estimates on cloud infrastructure momentum
Neutral Sentiment: Q1 guidance roughly in line — Akamai set Q1 EPS guidance of $1.50–$1.67, near consensus, leaving the immediate outlook neither clearly beat nor miss. Akamai Q4 press release / guidance
Negative Sentiment: Guidance/near‑term concerns sparked a selloff — Despite the beat, several outlets and traders focused on the lower‑end EPS guidance, raising concerns and triggering heavy selling pressure intraday/after‑hours. Akamai Tumbles 11% Despite Q4 Beat As 2026 Outlook Disappoints
Negative Sentiment: Operational headwinds cited — Management noted a memory shortage that could pressure near‑term margins/visibility (covered in commentary/video), adding to investor caution. Akamai outlook dragged by memory shortage, Blue Owl under pressure
Negative Sentiment: Mixed analyst views remain — while many raised targets, at least one major firm (Goldman) remains on the sell side with a low target, keeping bearish conviction in some desks. Goldman Sachs maintains sell rating

About Akamai Technologies

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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.