Akamai Technologies (AKAM) Projected to Post Earnings on Thursday

Akamai Technologies (NASDAQ:AKAM - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of $1.58 per share and revenue of $1.01 billion for the quarter. Akamai Technologies has set its Q1 2025 guidance at 1.540-1.590 EPS and its FY 2025 guidance at 6.000-6.400 EPS.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The technology infrastructure company reported $1.19 EPS for the quarter, missing analysts' consensus estimates of $1.52 by ($0.33). The firm had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $1.02 billion. Akamai Technologies had a net margin of 12.65% and a return on equity of 14.35%. On average, analysts expect Akamai Technologies to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Akamai Technologies Stock Down 0.2 %

Shares of AKAM stock traded down $0.18 during trading on Tuesday, hitting $82.92. 1,279,301 shares of the company were exchanged, compared to its average volume of 1,934,700. Akamai Technologies has a twelve month low of $67.51 and a twelve month high of $106.80. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.33 and a current ratio of 1.23. The firm has a market capitalization of $12.12 billion, a price-to-earnings ratio of 25.44, a P/E/G ratio of 2.74 and a beta of 0.82. The business's 50-day simple moving average is $78.83 and its 200 day simple moving average is $89.84.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Piper Sandler cut their price objective on shares of Akamai Technologies from $100.00 to $80.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Needham & Company LLC reiterated a "hold" rating on shares of Akamai Technologies in a research note on Friday, February 21st. TD Cowen cut shares of Akamai Technologies from a "buy" rating to a "hold" rating and cut their target price for the company from $125.00 to $98.00 in a research note on Friday, February 21st. Bank of America lowered shares of Akamai Technologies from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $125.00 to $100.00 in a research report on Friday, February 21st. Finally, Scotiabank reduced their target price on shares of Akamai Technologies from $115.00 to $107.00 and set a "sector outperform" rating for the company in a research note on Friday, February 21st. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $104.75.

Insider Buying and Selling at Akamai Technologies

In related news, EVP Mani Sundaram sold 10,683 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $86.52, for a total transaction of $924,293.16. Following the sale, the executive vice president now owns 23,988 shares in the company, valued at approximately $2,075,441.76. This trade represents a 30.81 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Aaron Ahola sold 4,000 shares of the company's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $80.92, for a total value of $323,680.00. Following the sale, the executive vice president now owns 25,211 shares of the company's stock, valued at $2,040,074.12. The trade was a 13.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 31,394 shares of company stock worth $2,653,043 over the last quarter. 2.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Akamai Technologies stock. Brighton Jones LLC increased its stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM - Free Report) by 101.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,016 shares of the technology infrastructure company's stock after purchasing an additional 2,022 shares during the quarter. Brighton Jones LLC's holdings in Akamai Technologies were worth $384,000 at the end of the most recent reporting period. 94.28% of the stock is owned by hedge funds and other institutional investors.

Akamai Technologies Company Profile

Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.