Akamai Technologies (NASDAQ:AKAM) Upgraded at Craig Hallum

Akamai Technologies (NASDAQ:AKAM) was upgraded by stock analysts at Craig Hallum from a “hold” rating to a “buy” rating in a report issued on Friday. The brokerage presently has a $190.00 price objective on the technology infrastructure company’s stock. Craig Hallum’s target price points to a potential upside of 62.82% from the company’s current price.

A number of other research firms also recently commented on AKAM. Oppenheimer boosted their target price on Akamai Technologies from $115.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. The Goldman Sachs Group raised their price target on Akamai Technologies from $69.00 to $76.00 and gave the company a “sell” rating in a report on Friday, February 20th. Scotiabank lifted their price objective on Akamai Technologies from $105.00 to $120.00 and gave the stock a “sector outperform” rating in a research note on Friday, February 20th. TD Cowen lowered their target price on Akamai Technologies from $104.00 to $100.00 and set a “hold” rating for the company in a research report on Friday, February 20th. Finally, Susquehanna raised their target price on shares of Akamai Technologies from $105.00 to $120.00 and gave the company a “positive” rating in a report on Friday, February 20th. Ten investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Akamai Technologies currently has a consensus rating of “Hold” and a consensus target price of $117.11.

Akamai Technologies Stock Performance

AKAM opened at $116.69 on Friday. The stock has a market capitalization of $16.92 billion, a price-to-earnings ratio of 37.89, a PEG ratio of 4.19 and a beta of 0.45. The company has a fifty day moving average of $105.43 and a 200 day moving average of $94.85. Akamai Technologies has a fifty-two week low of $69.78 and a fifty-two week high of $122.24. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.36 and a current ratio of 2.36.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS 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 13.86%. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the previous year, the company earned $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. As a group, sell-side analysts forecast that Akamai Technologies will post 4.17 earnings per share for the current fiscal year.

Insider Activity at Akamai Technologies

In other news, Director Madhu Ranganathan sold 3,131 shares of Akamai Technologies stock in a transaction that occurred on Wednesday, March 4th. The stock was 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. The trade was a 25.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jon Miller sold 11,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $102.67, for a total value of $1,129,370.00. Following the transaction, the director directly owned 22,806 shares in the company, valued at approximately $2,341,492.02. This represents a 32.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 57,454 shares of company stock valued at $5,889,371 over the last ninety days. 2.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of AKAM. First Trust Advisors LP increased its position in Akamai Technologies by 16.5% during the fourth quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock valued at $589,112,000 after acquiring an additional 957,345 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Akamai Technologies by 11.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock worth $397,881,000 after acquiring an additional 349,451 shares during the last quarter. Nordea Investment Management AB boosted its stake in shares of Akamai Technologies by 39.9% during the 3rd quarter. Nordea Investment Management AB now owns 3,437,472 shares of the technology infrastructure company’s stock worth $258,739,000 after purchasing an additional 980,966 shares during the period. Invesco Ltd. boosted its stake in shares of Akamai Technologies by 5.8% during the 3rd quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock worth $245,394,000 after purchasing an additional 177,756 shares during the period. Finally, Norges Bank bought a new position in Akamai Technologies during the 4th quarter valued at about $192,959,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

More Akamai Technologies News

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

• Positive Sentiment: Q1 results: Revenue of $1.074B (+6% YoY) and non‑GAAP EPS of $1.61; Cloud Infrastructure and Security revenue grew strongly, highlighting product demand. Akamai Reports First Quarter 2026 Financial Results
• Positive Sentiment: Raised FY26 outlook: Company narrowed/raised FY26 EPS guidance to 6.400–7.150 and reiterated full‑year revenue range, which investors interpreted as constructive for growth expectations. Why Akamai Shares Are Trading Higher By 26%; Here Are 20 Stocks Moving Premarket
• Positive Sentiment: Large customer/commitment: A leading frontier model provider committed $1.8B over seven years to Akamai’s Cloud Infrastructure Services, supporting long‑term revenue visibility in a strategic segment. Akamai Reports First Quarter 2026 Financial Results
• Neutral Sentiment: Market reaction details: After‑hours and premarket headlines report large intraday moves (jumped overnight and continued higher premarket) as traders priced in the beat/guidance mix. Akamai Technologies (AKAM) Stock Pops Over 29% Overnight
• Neutral Sentiment: Conference call/transcript available for color on margin dynamics, product traction, and sales commentary; useful for investors wanting management detail. Akamai Technologies, Inc. (AKAM) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Q2 guidance and near‑term headwinds: Management forecasted Q2 profit and revenue below some Street expectations and flagged higher memory costs and cautious enterprise spending, which is a key reason for mixed analyst reactions. Akamai Technologies forecasts quarterly results below expectations
• Negative Sentiment: GAAP profitability and some year‑over‑year EPS softness: GAAP EPS declined and non‑GAAP EPS is down slightly YoY, which could temper expectations if headwinds persist. Akamai Reports First Quarter 2026 Financial Results

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.