Q3 EPS Estimate for Akamai Technologies Increased by Analyst

Key Points

• Zacks Research raised Akamai Technologies’ Q3 2026 EPS estimate to $1.00 from $0.99, while maintaining a “Hold” rating. Its full-year 2026 EPS estimate is $3.79.
• Analyst sentiment remains mixed, with 12 Buy, 10 Hold and 2 Sell ratings; the consensus rating is “Hold” with an average price target of $144.14.
• Akamai recently exceeded quarterly expectations, reporting $1.59 EPS and $1.10 billion in revenue, up 5.4% year over year. The stock opened at $111.24, and institutional investors own 94.28% of the company.

Akamai Technologies, Inc. (NASDAQ:AKAM - Free Report) - Research analysts at Zacks Research upped their Q3 2026 EPS estimates for shares of Akamai Technologies in a research report issued on Wednesday, August 26th. Zacks Research analyst Team now expects that the technology infrastructure company will post earnings per share of $1.00 for the quarter, up from their previous estimate of $0.99. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Akamai Technologies' current full-year earnings is $3.67 per share. Zacks Research also issued estimates for Akamai Technologies' Q4 2026 earnings at $1.12 EPS, FY2026 earnings at $3.79 EPS, Q1 2027 earnings at $0.87 EPS, Q2 2027 earnings at $0.83 EPS, Q3 2027 earnings at $1.13 EPS, Q4 2027 earnings at $1.09 EPS, FY2027 earnings at $3.92 EPS, Q1 2028 earnings at $1.03 EPS, Q2 2028 earnings at $1.13 EPS and FY2028 earnings at $4.69 EPS.

A number of other equities research analysts have also commented on AKAM. Craig Hallum raised Akamai Technologies from a "hold" rating to a "buy" rating and set a $190.00 price target for the company in a research report on Friday, May 8th. UBS Group lifted their price objective on shares of Akamai Technologies from $125.00 to $143.00 and gave the stock a "neutral" rating in a report on Friday, August 7th. The Goldman Sachs Group upped their target price on shares of Akamai Technologies from $76.00 to $87.00 and gave the stock a "sell" rating in a research note on Friday, May 8th. Citigroup increased their target price on shares of Akamai Technologies from $110.00 to $160.00 and gave the company a "neutral" rating in a report on Friday, May 15th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Akamai Technologies in a research report on Wednesday, June 24th. Twelve investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Akamai Technologies has a consensus rating of "Hold" and an average price target of $144.14.

Akamai Technologies Stock Up 2.9%

AKAM stock opened at $111.24 on Friday. The firm has a market capitalization of $15.99 billion, a PE ratio of 40.01, a P/E/G ratio of 4.96 and a beta of 0.63. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.23. Akamai Technologies has a twelve month low of $70.82 and a twelve month high of $165.45. The stock's 50 day moving average is $117.41 and its 200-day moving average is $117.83.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $1.57 by $0.02. The firm 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%.The company's revenue for the quarter 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.

Institutional Trading of Akamai Technologies

Several hedge funds have recently added to or reduced their stakes in the stock. California State Teachers Retirement System increased its stake in shares of Akamai Technologies by 11,945.9% during the 2nd quarter. California State Teachers Retirement System now owns 20,219,939 shares of the technology infrastructure company's stock worth $2,390,199,000 after purchasing an additional 20,052,082 shares during the last quarter. Norges Bank bought a new stake in shares of Akamai Technologies in the 4th quarter worth approximately $192,959,000. Edmond DE Rothschild Holding S.A. purchased a new position in Akamai Technologies in the second quarter valued at approximately $222,046,000. AQR Capital Management LLC lifted its stake in Akamai Technologies by 522.8% in the third quarter. AQR Capital Management LLC now owns 2,020,346 shares of the technology infrastructure company's stock valued at $153,061,000 after purchasing an additional 1,695,937 shares during the last quarter. Finally, William Blair Investment Management LLC bought a new position in Akamai Technologies during the second quarter valued at $181,508,000. Institutional investors own 94.28% of the company's stock.

Insiders Place Their Bets

In other Akamai Technologies news, CTO Robert Blumofe sold 243 shares of the business's stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total value of $31,446.63. Following the transaction, the chief technology officer owned 31,006 shares of the company's stock, valued at approximately $4,012,486.46. The trade was a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 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 transaction, the executive vice president owned 59,210 shares of the company's stock, valued at $8,027,099.70. This trade represents a 3.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.30% of the company's stock.

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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