Akamai Technologies (NASDAQ:AKAM) Given New $140.00 Price Target at Piper Sandler

Key Points

• Piper Sandler lowered Akamai’s price target from $156 to $140 while maintaining a “neutral” rating, implying roughly 25.8% upside from the reported $111.30 share price. The broader analyst consensus is “Hold,” with an average target of $144.95.
• Akamai’s second-quarter results modestly beat expectations, with revenue of $1.10 billion and EPS of $1.59, while revenue increased 5.4% year over year. However, EPS fell from $1.73 a year earlier, and full-year revenue guidance was viewed as slightly below consensus.
• Shares fell 6.1% on Friday amid concerns that higher AI infrastructure investment could pressure margins and cash needs. The company also disclosed recent insider selling, though both transactions were conducted under pre-arranged Rule 10b5-1 plans.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) had its price objective decreased by stock analysts at Piper Sandler from $156.00 to $140.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a "neutral" rating on the technology infrastructure company's stock. Piper Sandler's price target would suggest a potential upside of 25.78% from the company's current price.

A number of other research analysts have also recently issued reports on the stock. Bank of America raised shares of Akamai Technologies from a "neutral" rating to a "buy" rating and lifted their price target for the company from $130.00 to $175.00 in a research report on Wednesday, May 13th. Evercore initiated coverage on shares of Akamai Technologies in a research note on Tuesday, April 14th. They set an "outperform" rating and a $130.00 target price for the company. Oppenheimer lifted their target price on shares of Akamai Technologies from $115.00 to $130.00 and gave the company an "outperform" rating in a report on Thursday, April 23rd. Morgan Stanley upped their price target on Akamai Technologies from $120.00 to $165.00 and gave the stock an "overweight" rating in a research note on Thursday, May 14th. Finally, UBS Group raised their price objective on Akamai Technologies from $110.00 to $160.00 and gave the company a "neutral" rating in a research report on Friday, May 8th. Twelve analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Akamai Technologies currently has an average rating of "Hold" and a consensus price target of $144.95.

Akamai Technologies Stock Down 6.1%

Shares of AKAM traded down $7.25 on Friday, reaching $111.30. The stock had a trading volume of 4,690,411 shares, compared to its average volume of 4,703,714. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06. Akamai Technologies has a 12-month low of $69.78 and a 12-month high of $165.45. The firm has a market capitalization of $16.18 billion, a price-to-earnings ratio of 37.61, a price-to-earnings-growth ratio of 5.19 and a beta of 0.63. The company has a 50-day simple moving average of $125.55 and a 200-day simple moving average of $115.83.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.57 by $0.02. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the company earned $1.73 earnings per share. The firm's quarterly revenue was up 5.4% compared to the same quarter last year. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. Sell-side analysts predict that Akamai Technologies will post 3.91 EPS for the current year.

Insider Buying and Selling

In other Akamai Technologies news, CTO Robert Blumofe sold 243 shares of Akamai Technologies stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total value of $31,446.63. Following the completion of the sale, the chief technology officer owned 31,006 shares of the company's stock, valued at approximately $4,012,486.46. This trade represents a 0.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the business's stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the completion of the transaction, the executive vice president owned 59,210 shares of the company's stock, valued at $8,027,099.70. This represents a 3.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Akamai Technologies

Several large investors have recently bought and sold shares of AKAM. Contravisory Investment Management Inc. purchased a new stake in shares of Akamai Technologies during the 1st quarter valued at about $1,172,000. HighTower Advisors LLC grew its position in Akamai Technologies by 132.4% during the fourth quarter. HighTower Advisors LLC now owns 25,960 shares of the technology infrastructure company's stock valued at $2,265,000 after buying an additional 14,792 shares during the period. Leeward Investments LLC MA increased its holdings in Akamai Technologies by 32.6% during the fourth quarter. Leeward Investments LLC MA now owns 148,104 shares of the technology infrastructure company's stock valued at $12,922,000 after buying an additional 36,395 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in Akamai Technologies by 88.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 461,461 shares of the technology infrastructure company's stock worth $40,262,000 after acquiring an additional 216,222 shares during the period. Finally, Baker Avenue Asset Management LP purchased a new position in shares of Akamai Technologies during the 4th quarter worth $1,393,000. 94.28% of the stock is currently owned by institutional investors.

Key Akamai Technologies News

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

• Positive Sentiment: Akamai reported second-quarter 2026 revenue of approximately $1.10 billion, up 5.4% year over year and above the $1.09 billion consensus estimate. Adjusted EPS of $1.59 also exceeded expectations of $1.57, supported by demand for cloud infrastructure and security services. Akamai beats quarterly estimates on cloud infrastructure demand
• Positive Sentiment: The company announced a cloud infrastructure services contract worth more than $600 million, intended to support AI and robotics development. The deal reinforces Akamai’s position in the AI infrastructure market and provided a strong near-term catalyst for the stock. Akamai Stock Is Solidly Part of the AI Trade After Earnings
• Positive Sentiment: Akamai’s full-year 2026 EPS guidance of $6.40 to $7.05 is above the $6.15 analyst consensus, while management cited continued momentum in AI cloud and cybersecurity demand. Akamai Q2 Earnings Beat Estimates
• Neutral Sentiment: Akamai highlighted emerging AI-browser security exploits, underscoring the need for enterprise protection but also signaling a rapidly changing and potentially costly threat environment. Akamai uncovers AI browser exploits
• Negative Sentiment: Quarterly revenue guidance was viewed as slightly below expectations, with full-year revenue guidance of $4.4 billion to $4.5 billion versus a $4.5 billion consensus. This has limited the benefit of the earnings beat. Akamai’s Q2 CY2026 beats on revenue
• Negative Sentiment: Higher infrastructure investment for AI growth is pressuring margins, cash requirements and leverage. EPS declined from $1.73 in the year-ago quarter to $1.59, increasing investor concern about the timing and profitability of the AI buildout. Akamai Technologies: Strong AI-Led Growth, Turbulent Profitability
• Negative Sentiment: Reported insider activity showed selling without purchases over the past six months, which may add to cautious sentiment, although insider transactions are not necessarily tied to company fundamentals.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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