Brokerages Set Akamai Technologies, Inc. (NASDAQ:AKAM) Price Target at $109.89

Shares of Akamai Technologies, Inc. (NASDAQ:AKAM) have been assigned an average rating of “Hold” from the twenty-one analysts that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $109.8947.

A number of equities research analysts recently weighed in on the company. Robert W. Baird raised their price objective on Akamai Technologies from $90.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. KeyCorp boosted their target price on shares of Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Piper Sandler increased their price target on shares of Akamai Technologies from $89.00 to $97.00 and gave the company a “neutral” rating in a research report on Monday, February 23rd. Oppenheimer raised 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. Finally, UBS Group lifted their price objective on shares of Akamai Technologies from $90.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th.

Akamai Technologies Stock Performance

Shares of NASDAQ:AKAM opened at $114.50 on Friday. The company has a market capitalization of $16.60 billion, a price-to-earnings ratio of 37.18, a price-to-earnings-growth ratio of 3.95 and a beta of 0.72. Akamai Technologies has a 52 week low of $67.51 and a 52 week high of $121.12. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.82. The firm has a 50 day moving average of $102.32 and a 200 day moving average of $89.22.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.09. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter last year, the firm earned $1.66 EPS. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. 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. On average, sell-side analysts predict that Akamai Technologies will post 4.6 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Akamai Technologies news, Director Madhu Ranganathan sold 3,131 shares of Akamai Technologies stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $102.00, for a total value of $319,362.00. Following the transaction, the director directly owned 9,160 shares of the company’s stock, valued at approximately $934,320. The trade was a 25.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Laura Howell sold 11,273 shares of the company’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $100.14, for a total value of $1,128,878.22. Following the transaction, the chief accounting officer directly owned 12,559 shares in the company, valued at approximately $1,257,658.26. The trade was a 47.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 69,274 shares of company stock valued at $6,969,557 over the last quarter. Insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rexford Capital Inc. raised its stake in Akamai Technologies by 1.9% in the fourth quarter. Rexford Capital Inc. now owns 5,106 shares of the technology infrastructure company’s stock valued at $445,000 after buying an additional 93 shares during the last quarter. Assetmark Inc. grew its stake in shares of Akamai Technologies by 31.8% during the fourth quarter. Assetmark Inc. now owns 444 shares of the technology infrastructure company’s stock worth $39,000 after acquiring an additional 107 shares during the last quarter. Root Financial Partners LLC increased its holdings in shares of Akamai Technologies by 45.8% during the fourth quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after acquiring an additional 110 shares in the last quarter. Perigon Wealth Management LLC raised its position in shares of Akamai Technologies by 2.1% in the 4th quarter. Perigon Wealth Management LLC now owns 5,502 shares of the technology infrastructure company’s stock valued at $480,000 after purchasing an additional 115 shares during the last quarter. Finally, Allworth Financial LP raised its position in shares of Akamai Technologies by 6.3% in the 4th quarter. Allworth Financial LP now owns 2,196 shares of the technology infrastructure company’s stock valued at $192,000 after purchasing an additional 131 shares during the last quarter. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

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.