Akamai Technologies, Inc. (NASDAQ:AKAM) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Akamai Technologies has a consensus “Hold” rating from 24 analysts: 13 rate it a buy, nine recommend holding, and two recommend selling. The average 12-month price target is $150.10.
• Akamai reported quarterly EPS of $1.59, topping estimates by $0.02, while revenue reached $1.10 billion and increased 5.4% year over year. The company guided for third-quarter 2026 EPS of $1.60–$1.80 and full-year EPS of $6.40–$7.05.
• Institutional investors own 94.28% of the stock, while insiders sold 12,135 shares worth approximately $1.47 million over the past 90 days, primarily through pre-arranged trading plans.

Akamai Technologies, Inc. (NASDAQ:AKAM - Get Free Report) has earned a consensus rating of "Hold" from the twenty-four ratings firms that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $150.10.

Several research analysts recently issued reports on AKAM shares. JPMorgan Chase & Co. lifted their target price on Akamai Technologies from $158.00 to $167.00 and gave the company a "neutral" rating in a research report on Friday, September 25th. Guggenheim increased their price target on Akamai Technologies from $190.00 to $225.00 and gave the company a "buy" rating in a research report on Friday, September 25th. HSBC cut Akamai Technologies from a "buy" rating to a "hold" rating and dropped their price objective for the company from $171.00 to $123.00 in a research note on Monday, August 10th. DA Davidson reduced their target price on shares of Akamai Technologies from $185.00 to $150.00 and set a "buy" rating for the company in a research note on Monday, September 28th. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $170.00 target price on shares of Akamai Technologies in a report on Tuesday, September 29th.

Akamai Technologies Stock Up 0.6%

Shares of NASDAQ AKAM opened at $108.62 on Wednesday. The stock has a market capitalization of $15.61 billion, a P/E ratio of 39.07, a P/E/G ratio of 5.08 and a beta of 0.62. The company has a 50-day moving average price of $111.51 and a 200-day moving average price of $118.93. Akamai Technologies has a 1 year low of $70.82 and a 1 year high of $165.45. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 1.64.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.57 by $0.02. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The company's quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.73 EPS. 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. On average, equities research analysts forecast that Akamai Technologies will post 3.58 EPS for the current fiscal year.

Insiders Place Their Bets

In other Akamai Technologies news, EVP Kim Salem-Jackson sold 2,013 shares of the company's stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $128.00, for a total value of $257,664.00. Following the completion of the sale, the executive vice president directly owned 57,197 shares of the company's stock, valued at approximately $7,321,216. This represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mani Sundaram sold 7,022 shares of the stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $125.62, for a total transaction of $882,103.64. Following the completion of the sale, the executive vice president owned 14,625 shares of the company's stock, valued at approximately $1,837,192.50. This trade represents a 32.44% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 12,135 shares of company stock valued at $1,467,221. Corporate insiders own 2.30% of the company's stock.

Institutional Trading of Akamai Technologies

A number of hedge funds have recently bought and sold shares of AKAM. CX Institutional boosted its position in Akamai Technologies by 146.9% in the third quarter. CX Institutional now owns 9,445 shares of the technology infrastructure company's stock worth $1,004,000 after purchasing an additional 5,620 shares during the last quarter. Versant Capital Management Inc increased its position in shares of Akamai Technologies by 260.6% during the 3rd quarter. Versant Capital Management Inc now owns 696 shares of the technology infrastructure company's stock valued at $74,000 after purchasing an additional 503 shares during the last quarter. QRG Capital Management Inc. raised its stake in shares of Akamai Technologies by 1,716.7% during the 2nd quarter. QRG Capital Management Inc. now owns 32,610 shares of the technology infrastructure company's stock worth $3,855,000 after purchasing an additional 30,815 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in shares of Akamai Technologies by 114.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,073 shares of the technology infrastructure company's stock worth $718,000 after purchasing an additional 3,244 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of Akamai Technologies by 263.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 98,149 shares of the technology infrastructure company's stock worth $11,602,000 after buying an additional 71,147 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors.

About Akamai Technologies

Akamai Technologies, Inc NASDAQ: AKAM provides cloud computing, cybersecurity and content delivery services for businesses and public-sector organizations. Its distributed edge platform helps customers deliver websites, applications, media and other digital experiences while improving performance, availability and scalability.

The company's services include web and application performance optimization, content delivery, cloud infrastructure, application and API security, distributed denial-of-service protection, zero-trust security and bot management.

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