Equities Analysts Set Expectations for AKAM FY2025 Earnings

Akamai Technologies, Inc. (NASDAQ:AKAM - Free Report) - Analysts at KeyCorp issued their FY2025 earnings per share (EPS) estimates for shares of Akamai Technologies in a research note issued to investors on Thursday, June 5th. KeyCorp analyst J. Ader expects that the technology infrastructure company will post earnings per share of $4.04 for the year. KeyCorp has a "Underweight" rating and a $63.00 price target on the stock. The consensus estimate for Akamai Technologies' current full-year earnings is $4.60 per share. KeyCorp also issued estimates for Akamai Technologies' Q4 2025 earnings at $1.00 EPS, FY2028 earnings at ($0.47) EPS and FY2029 earnings at ($0.47) EPS.

A number of other research firms also recently issued reports on AKAM. UBS Group raised their price target on Akamai Technologies from $85.00 to $90.00 and gave the stock a "neutral" rating in a research note on Friday, May 9th. Oppenheimer assumed coverage on shares of Akamai Technologies in a research report on Thursday, March 20th. They issued an "outperform" rating and a $100.00 price target for the company. Raymond James decreased their target price on shares of Akamai Technologies from $115.00 to $110.00 and set an "outperform" rating for the company in a research note on Friday, February 21st. Susquehanna lowered their price objective on shares of Akamai Technologies from $110.00 to $105.00 and set a "positive" rating on the stock in a research report on Friday, February 21st. Finally, Wall Street Zen upgraded shares of Akamai Technologies from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $101.25.

Akamai Technologies Stock Up 1.4%

NASDAQ:AKAM traded up $1.05 during trading hours on Monday, hitting $78.08. The company's stock had a trading volume of 2,106,507 shares, compared to its average volume of 2,013,796. The stock has a fifty day moving average of $76.93 and a 200-day moving average of $86.68. The stock has a market capitalization of $11.42 billion, a P/E ratio of 23.95, a price-to-earnings-growth ratio of 2.74 and a beta of 0.77. Akamai Technologies has a 52-week low of $67.51 and a 52-week high of $106.80. The company has a current ratio of 1.23, a quick ratio of 1.33 and a debt-to-equity ratio of 0.49.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last released its earnings results on Thursday, May 8th. The technology infrastructure company reported $1.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.58 by $0.12. Akamai Technologies had a net margin of 12.65% and a return on equity of 14.35%. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period in the prior year, the business earned $1.64 EPS. The firm's quarterly revenue was up 2.9% on a year-over-year basis.

Institutional Trading of Akamai Technologies

Large investors have recently bought and sold shares of the stock. Brighton Jones LLC increased its holdings in Akamai Technologies by 101.4% in the 4th quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company's stock worth $384,000 after buying an additional 2,022 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Akamai Technologies by 5.1% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,172 shares of the technology infrastructure company's stock worth $1,956,000 after acquiring an additional 971 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Akamai Technologies by 1.9% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 20,175 shares of the technology infrastructure company's stock worth $1,930,000 after acquiring an additional 375 shares during the period. Wilmington Savings Fund Society FSB raised its holdings in shares of Akamai Technologies by 3.5% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 4,948 shares of the technology infrastructure company's stock worth $473,000 after purchasing an additional 166 shares during the last quarter. Finally, Empowered Funds LLC lifted its position in Akamai Technologies by 11.0% during the fourth quarter. Empowered Funds LLC now owns 4,124 shares of the technology infrastructure company's stock valued at $394,000 after purchasing an additional 409 shares during the period. Hedge funds and other institutional investors own 94.28% of the company's stock.

Insider Activity at Akamai Technologies

In related news, EVP Kim Salem-Jackson sold 13,157 shares of Akamai Technologies stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $76.33, for a total value of $1,004,273.81. Following the completion of the sale, the executive vice president now directly owns 43,575 shares in the company, valued at $3,326,079.75. The trade was a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, COO Adam Karon sold 3,927 shares of the firm's stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $85.02, for a total transaction of $333,873.54. Following the transaction, the chief operating officer now directly owns 10,809 shares in the company, valued at $918,981.18. This trade represents a 26.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,084 shares of company stock valued at $1,661,827 over the last 90 days. 2.00% of the stock is owned by corporate insiders.

About Akamai Technologies

Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.