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

Key Points

• Analysts maintain a “Hold” consensus: Of 24 brokerages covering Akamai, 13 recommend buying, nine rate it a hold and two recommend selling. The average 12-month price target is $141.62, above the stock’s reported opening price of $106.79.
• Akamai exceeded quarterly expectations: The company reported adjusted earnings of $1.59 per share versus the $1.57 consensus estimate, while revenue reached $1.10 billion, up 5.4% year over year and slightly ahead of forecasts.
• Recent business developments support its security and streaming offerings: Akamai expanded its cybersecurity integration with MuleSoft, won ITV’s TrafficPeak deployment for World Cup streaming, and broadened regional distribution through a VST ECS partnership.

Shares of Akamai Technologies, Inc. (NASDAQ:AKAM - Get Free Report) have received a consensus recommendation of "Hold" from the twenty-four brokerages that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $141.6190.

A number of analysts have weighed in on AKAM shares. UBS Group upped their target price on Akamai Technologies from $125.00 to $143.00 and gave the stock a "neutral" rating in a report on Friday, August 7th. Piper Sandler upgraded shares of Akamai Technologies from a "neutral" rating to an "overweight" rating and cut their price target for the company from $140.00 to $125.00 in a research note on Tuesday, September 1st. Zacks Research raised shares of Akamai Technologies from a "strong sell" rating to a "hold" rating in a report on Monday, July 13th. Guggenheim lifted their price target on Akamai Technologies from $181.00 to $190.00 and gave the stock a "buy" rating in a research report on Friday, August 7th. Finally, JPMorgan Chase & Co. raised shares of Akamai Technologies from an "underweight" rating to a "neutral" rating and upped their price objective for the company from $132.00 to $158.00 in a report on Thursday, August 13th.

Akamai Technologies Price Performance

Shares of AKAM stock opened at $106.79 on Friday. The company's 50-day simple moving average is $115.26 and its two-hundred day simple moving average is $117.99. The company has a market capitalization of $15.35 billion, a P/E ratio of 38.41, a P/E/G ratio of 4.94 and a beta of 0.63. Akamai Technologies has a one year low of $70.82 and a one 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 issued its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share 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 analyst estimates of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.Akamai Technologies's revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the company posted $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. As a group, equities analysts anticipate that Akamai Technologies will post 3.66 EPS for the current year.

Insider Activity at Akamai Technologies

In other news, CTO Robert Blumofe sold 243 shares of Akamai Technologies stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total transaction of $31,446.63. Following the completion of the transaction, the chief technology officer directly owned 31,006 shares of the company's stock, valued at $4,012,486.46. The trade was a 0.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Akamai Technologies

Several institutional investors and hedge funds have recently modified their holdings of AKAM. Contravisory Investment Management Inc. acquired a new position in Akamai Technologies during the first quarter worth $1,172,000. HighTower Advisors LLC boosted its position in shares of Akamai Technologies by 132.4% during the 4th quarter. HighTower Advisors LLC now owns 25,960 shares of the technology infrastructure company's stock valued at $2,265,000 after acquiring an additional 14,792 shares during the last quarter. Leeward Investments LLC MA boosted its holdings in Akamai Technologies by 32.6% in the 4th quarter. Leeward Investments LLC MA now owns 148,104 shares of the technology infrastructure company's stock valued at $12,922,000 after purchasing an additional 36,395 shares during the last quarter. Baker Avenue Asset Management LP acquired a new stake in shares of Akamai Technologies during the 4th quarter worth approximately $1,393,000. Finally, Todd Asset Management LLC raised its position in shares of Akamai Technologies by 63.8% during the 4th quarter. Todd Asset Management LLC now owns 429,949 shares of the technology infrastructure company's stock valued at $37,513,000 after buying an additional 167,500 shares during the period. Hedge funds and other institutional investors own 94.28% of the company's stock.

Key Stories Impacting Akamai Technologies

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

• Positive Sentiment: Expanded cybersecurity partnership with MuleSoft: Akamai announced broader integration with MuleSoft’s Agent Fabric, allowing companies to discover and govern APIs, AI agents and MCP servers across distributed environments. More than 20 joint customers are already using the technology, supporting Akamai’s position in API and AI security. Akamai and MuleSoft Unify Real-Time API Defense and AI Policy Control
• Positive Sentiment: ITV selects TrafficPeak for World Cup streaming: ITV is deploying Akamai TrafficPeak, powered by Hydrolix, to improve real-time monitoring of ITVX during the World Cup. Faster issue detection could help protect streaming reliability and advertising revenue while providing a customer reference for Akamai’s observability products. ITV Selects Akamai TrafficPeak to Optimize World Cup Streaming
• Positive Sentiment: Regional channel expansion: VST ECS is expanding its enterprise portfolio and cybersecurity offerings through a partnership with Akamai, potentially broadening distribution and customer reach in the enterprise market. VST ECS strengthens enterprise portfolio through partnership with Akamai
• Neutral Sentiment: Analyst estimates were mixed but largely unchanged: Zacks Research raised its FY2026 EPS forecast modestly to $3.80 from $3.79 and its Q2 2028 estimate to $1.14 from $1.13, while trimming Q3 and Q4 2026 estimates by $0.01 each and FY2028 EPS to $4.68 from $4.69. Zacks maintained a “Hold” rating, limiting the immediate bullish impact.
• Neutral Sentiment: Other commentary: Jim Cramer called Akamai “terrific,” but the television commentary and recent conference transcripts do not represent new financial guidance. Reported short-interest data showing zero shares appears unreliable and is not a meaningful trading signal.

About Akamai Technologies

Akamai Technologies, Inc is a global technology company that provides cloud computing, content delivery and cybersecurity services. Its distributed platform helps businesses deliver websites, applications, software downloads, video and other digital content with improved speed, availability and scalability.

The company's offerings include content delivery and edge computing services, cloud infrastructure, web and application performance solutions, and security products designed to protect applications, application programming interfaces, networks and users from cyber threats.

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