Research Analysts Offer Predictions for AKAM FY2026 Earnings

Key Points

• Scotiabank cut its FY2026 EPS forecast for Akamai Technologies to $3.55 from $3.63, below the analyst consensus of $3.59.
• Akamai retains a consensus “Hold” rating from analysts, with 13 Buy, nine Hold and two Sell ratings and an average price target of $150.10.
• The company’s latest quarter modestly exceeded expectations, while its cloud and cybersecurity outlook is being supported by growing AI traffic and the reported Anthropic cloud commitment; however, recent insider selling and share-price weakness may weigh on sentiment.

Akamai Technologies, Inc. (NASDAQ:AKAM - Free Report) - Equities researchers at Scotiabank decreased their FY2026 earnings per share estimates for shares of Akamai Technologies in a research note issued to investors on Thursday, October 1st. Scotiabank analyst P. Colville now forecasts that the technology infrastructure company will post earnings per share of $3.55 for the year, down from their prior estimate of $3.63. The consensus estimate for Akamai Technologies' current full-year earnings is $3.59 per share.

AKAM has been the subject of a number of other reports. Evercore reiterated an "outperform" rating on shares of Akamai Technologies in a research note on Friday, September 25th. Raymond James Financial reaffirmed an "outperform" rating and issued a $170.00 target price on shares of Akamai Technologies in a report on Tuesday. Zacks Research raised Akamai Technologies from a "strong sell" rating to a "hold" rating in a research note on Monday, July 13th. Weiss Ratings restated a "hold (c)" rating on shares of Akamai Technologies in a report on Monday, September 21st. Finally, Susquehanna cut their target price on shares of Akamai Technologies from $175.00 to $140.00 and set a "positive" rating on the stock in a research report on Monday, August 10th. Thirteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Akamai Technologies currently has a consensus rating of "Hold" and a consensus price target of $150.10.

Akamai Technologies Price Performance

Shares of NASDAQ:AKAM opened at $106.93 on Friday. 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. The company has a market cap of $15.37 billion, a price-to-earnings ratio of 38.46, a PEG ratio of 4.99 and a beta of 0.62. The firm has a 50 day simple moving average of $111.80 and a 200 day simple moving average of $118.89.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share for the quarter, topping the consensus estimate 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%.Akamai Technologies's revenue for the quarter was up 5.4% on a year-over-year basis. During the same period in the prior year, the company 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.

Institutional Trading of Akamai Technologies

Several hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP raised its stake in Akamai Technologies by 11.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company's stock worth $397,881,000 after buying an additional 349,451 shares during the period. Norges Bank bought a new stake in shares of Akamai Technologies during the fourth quarter valued at approximately $192,959,000. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Akamai Technologies during the second quarter worth approximately $222,046,000. William Blair Investment Management LLC bought a new position in shares of Akamai Technologies in the 2nd quarter worth $181,508,000. Finally, Legal & General Group Plc bought a new position in shares of Akamai Technologies in the 2nd quarter worth $159,564,000. Institutional investors own 94.28% of the company's stock.

Insider Activity

In related news, EVP Mani Sundaram sold 7,022 shares of the firm's stock in a transaction that occurred on Friday, September 25th. The stock was 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 $1,837,192.50. This trade represents a 32.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul C. Joseph sold 3,100 shares of Akamai Technologies stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $105.63, for a total value of $327,453.00. Following the completion of the sale, the executive vice president owned 28,472 shares of the company's stock, valued at approximately $3,007,497.36. The trade was a 9.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 12,135 shares of company stock valued at $1,467,221. 2.30% of the stock is currently owned by insiders.

Key Akamai Technologies News

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

• Positive Sentiment: Anthropic deal strengthens AI outlook: Akamai’s reported $11.6 billion cloud commitment with Anthropic is being viewed as a potentially important catalyst for demand across its cloud, edge-computing and cybersecurity businesses. Analysts note that the agreement could materially change the market’s perception of Akamai, though its ultimate financial impact remains uncertain. Akamai just landed an $11.6 billion AI deal
• Positive Sentiment: Positive analyst and media commentary: President Capital raised its Akamai price target from $150 to $168 and maintained a buy rating, implying substantial upside from recent levels. CNBC commentator Jim Cramer also identified Akamai as his preferred buy among Akamai, Cloudflare and Fastly, citing its comparatively low valuation and Anthropic commitment. AI is a boon for 3 internet traffic cop stocks
• Positive Sentiment: AI traffic opportunity: Growing use of AI agents is expected to increase internet traffic and demand for infrastructure, positioning Akamai to benefit from higher usage of its delivery, cloud and security services.
• Neutral Sentiment: Akamai and Resurety completed what they described as the first exchange-executed virtual power purchase agreement, highlighting the company’s renewable-energy efforts but likely having limited immediate earnings impact. Resurety and Akamai Make Clean Energy History
• Negative Sentiment: Recent market weakness and insider selling: Akamai recently declined more than the broader market, while two insiders disclosed sales totaling 9,035 shares. These items may weigh modestly on sentiment, though the sales are small relative to the company’s market capitalization. Why Akamai Technologies Dipped More Than the Broader Market

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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