Akamai Technologies (NASDAQ:AKAM) Price Target Lowered to $140.00 at Susquehanna

Key Points

• Susquehanna lowered Akamai Technologies’ price target from $175 to $140 while maintaining a positive rating, implying 23.88% upside from the stock’s prior close.
• Analyst sentiment is mixed: 12 analysts rate the stock a Buy, nine a Hold and two a Sell, resulting in a consensus Hold rating and average price target of $141.38.
• Akamai’s latest quarterly results modestly exceeded expectations, with $1.59 in adjusted EPS and $1.10 billion in revenue; revenue increased 5.4% year over year.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) had its price target lowered by investment analysts at Susquehanna from $175.00 to $140.00 in a report issued on Monday,Benzinga reports. The firm presently has a "positive" rating on the technology infrastructure company's stock. Susquehanna's price target points to a potential upside of 23.88% from the stock's previous close.

AKAM has been the subject of several other research reports. Morgan Stanley increased their price objective on shares of Akamai Technologies from $120.00 to $165.00 and gave the stock an "overweight" rating in a research report on Thursday, May 14th. Scotiabank upped their target price on shares of Akamai Technologies from $120.00 to $180.00 and gave the stock a "sector outperform" rating in a research note on Friday, May 8th. Zacks Research raised Akamai Technologies from a "strong sell" rating to a "hold" rating in a research note on Monday, July 13th. Weiss Ratings restated a "hold (c)" rating on shares of Akamai Technologies in a report on Wednesday, June 24th. Finally, Royal Bank Of Canada reduced their price objective on Akamai Technologies from $150.00 to $135.00 and set a "sector perform" rating for the company in a research report on Friday. Twelve research 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. According to data from MarketBeat, Akamai Technologies has a consensus rating of "Hold" and an average target price of $141.38.

Akamai Technologies Stock Performance

Shares of NASDAQ:AKAM opened at $113.01 on Monday. The company has a current ratio of 1.64, a quick ratio of 2.06 and a debt-to-equity ratio of 1.23. The stock has a market capitalization of $16.43 billion, a P/E ratio of 38.89, a P/E/G ratio of 4.69 and a beta of 0.63. The business has a 50-day moving average price of $124.77 and a two-hundred day moving average price of $115.95. Akamai Technologies has a 1-year low of $70.42 and a 1-year high of $165.45.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share for the quarter, topping analysts' consensus estimates of $1.57 by $0.02. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.09 billion. During the same period last year, the firm posted $1.73 earnings per share. The business'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. Equities analysts predict that Akamai Technologies will post 3.91 earnings per share for the current year.

Insider Transactions at Akamai Technologies

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AKAM. EverSource Wealth Advisors LLC lifted its position in shares of Akamai Technologies by 3.1% during the first quarter. EverSource Wealth Advisors LLC now owns 2,356 shares of the technology infrastructure company's stock worth $271,000 after purchasing an additional 70 shares during the last quarter. Rexford Capital Inc. grew its holdings in shares of Akamai Technologies by 1.9% in the fourth quarter. Rexford Capital Inc. now owns 5,106 shares of the technology infrastructure company's stock worth $445,000 after purchasing an additional 93 shares during the last quarter. Assetmark Inc. grew its holdings in shares of Akamai Technologies by 31.8% in the fourth quarter. Assetmark Inc. now owns 444 shares of the technology infrastructure company's stock worth $39,000 after purchasing an additional 107 shares during the last quarter. Root Financial Partners LLC increased its stake in Akamai Technologies by 45.8% in the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company's stock worth $31,000 after buying an additional 110 shares during the period. Finally, Allworth Financial LP increased its stake in Akamai Technologies by 6.3% in the 4th quarter. Allworth Financial LP now owns 2,196 shares of the technology infrastructure company's stock worth $192,000 after buying an additional 131 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

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.

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