Akamai Technologies (NASDAQ:AKAM) Releases FY 2026 Earnings Guidance

Key Points

• Akamai forecast FY 2026 EPS of $6.47–$6.68, above analysts’ $6.03 consensus; revenue guidance of $4.4–$4.5 billion brackets the $4.5 billion estimate.
• The company set Q4 2026 EPS guidance at $1.50–$1.70.
• Shares fell $7.97 to $77.96 in Thursday’s mid-day trading. In its latest reported quarter, Akamai slightly beat EPS and revenue estimates, with revenue up 5.4% year over year.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 6.470-6.680 for the period, compared to the consensus EPS estimate of 6.030. The company issued revenue guidance of $4.4 billion-$4.5 billion, compared to the consensus revenue estimate of $4.5 billion. Akamai Technologies also updated its Q4 2026 guidance to 1.500-1.700 EPS.

Akamai Technologies Price Performance

AKAM stock traded down $7.97 during mid-day trading on Thursday, reaching $77.96. The company's stock had a trading volume of 7,173,756 shares, compared to its average volume of 4,696,521. Akamai Technologies has a fifty-two week low of $71.93 and a fifty-two week high of $165.45. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.23. The stock has a market cap of $11.20 billion, a PE ratio of 28.04, a P/E/G ratio of 4.07 and a beta of 0.65. The company's 50 day moving average is $102.72 and its two-hundred day moving average is $112.35.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share for the quarter, topping analysts' consensus estimates of $1.57 by $0.02. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the company posted $1.73 earnings per share. The firm's revenue for the quarter was up 5.4% compared to the same quarter last year. Equities research analysts expect that Akamai Technologies will post 3.58 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on AKAM shares. Piper Sandler lowered their price objective on Akamai Technologies from $158.00 to $120.00 and set an "overweight" rating for the company in a research report on Wednesday, October 21st. Guggenheim restated a "buy" rating on shares of Akamai Technologies in a research note on Friday, October 30th. UBS Group reduced their target price on shares of Akamai Technologies from $148.00 to $100.00 and set a "neutral" rating on the stock in a report on Thursday, October 22nd. TD Cowen lifted their price target on Akamai Technologies from $140.00 to $149.00 and gave the stock a "hold" rating in a report on Friday, September 25th. Finally, Raymond James Financial upgraded shares of Akamai Technologies from an "outperform" rating to a "strong-buy" rating and set a $170.00 price objective for the company in a research report on Tuesday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Akamai Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $145.24.

Insiders Place Their Bets

In other news, EVP Kim Salem-Jackson sold 2,013 shares of the 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 transaction, the executive vice president owned 57,197 shares in the company, valued at $7,321,216. This trade represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul C. Joseph sold 3,100 shares of the stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $105.63, for a total transaction of $327,453.00. Following the completion of the transaction, the executive vice president directly owned 28,472 shares of the company's stock, valued at approximately $3,007,497.36. This trade represents a 9.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 12,135 shares of company stock worth $1,467,221. Company insiders own 2.30% of the company's stock.

About Akamai Technologies

Akamai Technologies, Inc provides cloud, cybersecurity and content-delivery services that help organizations operate and protect applications, websites and digital media over the internet. Its distributed edge platform is designed to deliver online content closer to end users while improving performance, availability and resilience.

The company's services include content delivery and application performance solutions, cloud computing capabilities, web and application security, distributed denial-of-service protection, bot management and zero-trust security tools.

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