Akamai Technologies’ (AKAM) Neutral Rating Reaffirmed at Robert W. Baird

Akamai Technologies (NASDAQ:AKAM)‘s stock had its “neutral” rating reiterated by investment analysts at Robert W. Baird in a report issued on Thursday,Benzinga reports. They presently have a $110.00 target price on the technology infrastructure company’s stock. Robert W. Baird’s target price would suggest a potential downside of 4.97% from the stock’s current price.

A number of other research analysts also recently issued reports on AKAM. KeyCorp lifted their price target on shares of Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Royal Bank Of Canada increased their price objective on shares of Akamai Technologies from $90.00 to $100.00 and gave the company a “sector perform” rating in a research report on Friday, February 20th. Jefferies Financial Group lowered shares of Akamai Technologies to an “underperform” rating in a report on Monday, December 15th. DA Davidson lifted their price objective on shares of Akamai Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Akamai Technologies in a report on Friday, March 27th. Nine investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $109.89.

Akamai Technologies Price Performance

Shares of NASDAQ AKAM opened at $115.75 on Thursday. The stock’s 50-day moving average is $103.60 and its two-hundred day moving average is $90.06. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.36 and a quick ratio of 2.36. Akamai Technologies has a 1-year low of $67.51 and a 1-year high of $121.12. The company has a market cap of $16.78 billion, a price-to-earnings ratio of 37.58, a price-to-earnings-growth ratio of 3.87 and a beta of 0.59.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter last year, the business posted $1.66 EPS. The business’s quarterly revenue 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. Analysts forecast that Akamai Technologies will post 4.6 EPS for the current fiscal year.

Insider Buying and Selling at Akamai Technologies

In other news, Director Madhu Ranganathan sold 3,131 shares of the company’s 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 completion of the transaction, the director owned 9,160 shares in the company, valued at approximately $934,320. This represents a 25.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Laura Howell sold 11,273 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $100.14, for a total transaction of $1,128,878.22. Following the completion of the transaction, the chief accounting officer directly owned 12,559 shares in the company, valued at $1,257,658.26. This trade represents a 47.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 69,274 shares of company stock worth $6,969,557. 2.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Akamai Technologies

Several hedge funds have recently made changes to their positions in AKAM. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Akamai Technologies by 295.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 251 shares during the period. TD Waterhouse Canada Inc. grew its stake in Akamai Technologies by 130.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 195 shares during the last quarter. Smartleaf Asset Management LLC increased its position in Akamai Technologies by 566.7% during the third quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 289 shares during the period. JFS Wealth Advisors LLC lifted its stake in Akamai Technologies by 626.2% in the fourth quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after buying an additional 263 shares during the last quarter. Finally, Wolff Wiese Magana LLC lifted its stake in Akamai Technologies by 497.0% in the third quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock valued at $30,000 after buying an additional 333 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Akamai Technologies Company Profile

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.