Akamai Technologies (NASDAQ:AKAM) Updates FY 2026 Earnings Guidance

Key Points

• Akamai updated FY2026 guidance to EPS $6.40–7.15 (consensus 6.32) and revenue $4.4–4.6B (consensus $4.5B), and set Q2 EPS guidance at 1.45–1.65.
• Shares fell about $5.30 to $116.69 on heavy volume despite the company reporting Q1 EPS of $1.61 and revenue of $1.07B that matched estimates; analysts’ consensus rating is "Hold" with an average target of $112.37.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 6.400-7.150 for the period, compared to the consensus earnings per share estimate of 6.320. The company issued revenue guidance of $4.4 billion-$4.6 billion, compared to the consensus revenue estimate of $4.5 billion. Akamai Technologies also updated its Q2 2026 guidance to 1.450-1.650 EPS.

Akamai Technologies Price Performance

AKAM stock traded down $5.30 during mid-day trading on Thursday, reaching $116.69. The company's stock had a trading volume of 9,324,389 shares, compared to its average volume of 4,616,902. The stock has a market cap of $16.92 billion, a PE ratio of 37.89, a P/E/G ratio of 4.05 and a beta of 0.45. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 0.82. Akamai Technologies has a fifty-two week low of $69.78 and a fifty-two week high of $122.24. The company's 50 day moving average is $105.10 and its two-hundred day moving average is $94.54.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, meeting analysts' consensus estimates of $1.61. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.07 billion. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. Equities research analysts expect that Akamai Technologies will post 4.17 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. UBS Group increased their price target on shares of Akamai Technologies from $90.00 to $110.00 and gave the company a "neutral" rating in a research note on Friday, February 20th. Craig Hallum increased their price target on shares of Akamai Technologies from $90.00 to $100.00 and gave the company a "hold" rating in a research note on Friday, February 20th. Wall Street Zen cut shares of Akamai Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. Robert W. Baird reissued a "neutral" rating and issued a $110.00 price target on shares of Akamai Technologies in a research note on Thursday, April 2nd. Finally, Royal Bank Of Canada increased their price target on shares of Akamai Technologies from $90.00 to $100.00 and gave the company a "sector perform" rating in a research note on Friday, February 20th. Nine investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Akamai Technologies presently has an average rating of "Hold" and an average target price of $112.37.

Insider Activity at Akamai Technologies

In other news, EVP Anthony P. Williams sold 15,000 shares of the firm's stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total value of $1,564,350.00. Following the sale, the executive vice president directly owned 22,064 shares in the company, valued at approximately $2,301,054.56. This trade represents a 40.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Madhu Ranganathan sold 3,131 shares of the firm's stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $102.00, for a total transaction of $319,362.00. Following the completion of the sale, the director owned 9,160 shares in the company, valued at $934,320. The trade was a 25.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 57,454 shares of company stock worth $5,889,371 over the last 90 days. 2.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Akamai Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. CYBER HORNET ETFs LLC purchased a new stake in shares of Akamai Technologies in the second quarter valued at about $32,000. Align Financial LLC purchased a new stake in shares of Akamai Technologies in the fourth quarter valued at about $34,000. MUFG Securities EMEA plc purchased a new stake in shares of Akamai Technologies in the second quarter valued at about $35,000. Sfam LLC purchased a new stake in shares of Akamai Technologies in the fourth quarter valued at about $38,000. Finally, BOKF NA boosted its holdings in shares of Akamai Technologies by 438.0% in the third quarter. BOKF NA now owns 538 shares of the technology infrastructure company's stock valued at $41,000 after acquiring an additional 438 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

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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