Akamai Technologies (NASDAQ:AKAM) Stock Price Up 6% - Should You Buy?

Key Points

• Akamai shares rose about 6% to $112.22 on Wednesday (trading volume down ~42% vs. average) while the Street’s consensus is a "Hold" with an average price target of $109.89 after several firms raised their targets.
• The company reported an EPS beat ($1.84 vs. $1.75) and revenue of $1.09B (+7.4% YoY), and issued FY2026 guidance of $6.20–7.20 EPS and Q1 2026 guidance of $1.50–1.67 EPS.
• Insiders sold roughly 69,274 shares (~$6.97M) over the past three months—insider ownership is ~2%—while institutional ownership remains very high at 94.28%.

Akamai Technologies, Inc. (NASDAQ:AKAM - Get Free Report) shares rose 6% on Wednesday . The stock traded as high as $111.98 and last traded at $112.2220. Approximately 2,405,263 shares traded hands during trading, a decline of 42% from the average daily volume of 4,148,748 shares. The stock had previously closed at $105.84.

Analyst Ratings Changes

Several research firms recently issued reports on AKAM. Piper Sandler boosted their target price on shares of Akamai Technologies from $89.00 to $97.00 and gave the company a "neutral" rating in a report on Monday, February 23rd. Scotiabank increased their price target on Akamai Technologies from $105.00 to $120.00 and gave the stock a "sector outperform" rating in a report on Friday, February 20th. KeyCorp lifted their price objective on Akamai Technologies from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Friday, February 20th. UBS Group upped their target price on Akamai Technologies from $90.00 to $110.00 and gave the company a "neutral" rating in a research report on Friday, February 20th. Finally, Jefferies Financial Group downgraded Akamai Technologies to an "underperform" rating in a report on Monday, December 15th. Ten research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Akamai Technologies has an average rating of "Hold" and an average price target of $109.89.

Akamai Technologies Trading Up 5.9%

The business has a 50 day moving average of $98.52 and a two-hundred day moving average of $87.38. The firm has a market capitalization of $16.25 billion, a price-to-earnings ratio of 36.48, a P/E/G ratio of 3.56 and a beta of 0.72. 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 - Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, beating analysts' consensus estimates of $1.75 by $0.09. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The firm had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.08 billion. During the same quarter last year, the firm posted $1.66 earnings per share. The company's revenue for the quarter 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. Equities analysts predict that Akamai Technologies, Inc. will post 4.6 EPS for the current year.

Insider Activity

In related news, EVP Mani Sundaram sold 8,642 shares of the company's stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $101.25, for a total transaction of $875,002.50. Following the completion of the sale, the executive vice president owned 19,923 shares in the company, valued at approximately $2,017,203.75. This represents a 30.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Jon Miller sold 11,000 shares of the stock in a transaction 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 completion of the sale, the director directly owned 22,806 shares of the company's stock, valued at $2,341,492.02. The trade was a 32.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 69,274 shares of company stock valued at $6,969,557. 2.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Akamai Technologies

Hedge funds have recently bought and sold shares of the company. JFS Wealth Advisors LLC raised its holdings in shares of 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 purchasing an additional 263 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in 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 worth $26,000 after purchasing an additional 251 shares in the last quarter. Smartleaf Asset Management LLC grew its position in Akamai Technologies by 566.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company's stock worth $26,000 after purchasing an additional 289 shares in the last quarter. TD Waterhouse Canada Inc. increased its stake in Akamai Technologies by 130.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company's stock valued at $26,000 after buying an additional 195 shares during the last quarter. Finally, Sarver Vrooman Wealth Advisors bought a new position in shares of Akamai Technologies during the 4th quarter worth approximately $31,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

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.

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