Akamai Technologies (AKAM) Stock Forecast & Price Target

→ The Hard Truth About Investing For Retirement (From Insiders Exposed) (Ad)

$100.34

-0.99 (-0.98%)

(As of 04/17/2024 ET)

Akamai Technologies Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 17 Analyst Ratings

Analysts' Consensus Price Target

$121.27
20.86% Upside

High Forecast	$150.00
Average Forecast	$121.27
Low Forecast	$81.00

Type	Current Forecast 4/19/23 to 4/18/24	1 Month Ago 3/20/23 to 3/19/24	3 Months Ago 1/19/23 to 1/19/24	1 Year Ago 4/19/22 to 4/19/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	11 Buy rating(s)	11 Buy rating(s)	7 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$121.27	$119.50	$112.05	$100.18
Predicted Upside	20.86% Upside	10.16% Upside	9.14% Upside	15.80% Upside

Get Akamai Technologies Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for AKAM and its competitors with MarketBeat's FREE daily newsletter.

Ad Darwin

Your Next Portfolio Star: Revealing 2024's Top Stock Pick

We're thrilled to offer you an exclusive look at the #1 Buy & Hold Stock of 2024. This isn't just any report. It's the culmination of rigorous analysis, expert insights, and cutting-edge financial strategies, distilled into a compelling narrative that charts the course of what we believe to be the year's most promising investment. (**By clicking the link you are subscribing to The Wealth Creation Investing Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy.)

Click here to download your report

AKAM Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

AKAM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Akamai Technologies Stock vs. The Competition

Type	Akamai Technologies	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.59	2.58	2.49
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	20.86% Upside	114.60% Upside	12.24% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
3/7/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Outperform	$128.00 ➝ $135.00	+22.55%
2/15/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Hold ➝ Reduce	$109.00 ➝ $96.00	-16.38%
2/14/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$130.00 ➝ $136.00	+18.47%
2/14/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$78.00 ➝ $81.00	-29.44%
2/14/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sector Perform ➝ Sector Perform	$115.00	-2.78%
1/19/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$134.00 ➝ $138.00	+15.24%
Get the Latest News and Ratings for AKAM and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Akamai Technologies and its competitors with MarketBeat's FREE daily newsletter.
12/15/2023	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Positive	$150.00	+26.76%
11/8/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$102.00 ➝ $112.00	+1.52%
11/8/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$115.00 ➝ $122.00	+12.07%
10/26/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sell ➝ Neutral
10/12/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$105.00 ➝ $112.00	+3.35%
9/20/2023	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Strong-Buy ➝ Strong-Buy	$132.00	+23.80%
9/7/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$145.00	+39.69%
8/16/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$107.00 ➝ $112.00	+9.39%
8/9/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$100.00 ➝ $118.00	+14.53%
8/9/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$105.00 ➝ $115.00	+11.62%
4/19/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 06:45 AM ET.

AKAM Price Target - Frequently Asked Questions

What is Akamai Technologies's consensus rating and price target?: According to the issued ratings of 17 analysts in the last year, the consensus rating for Akamai Technologies stock is Moderate Buy based on the current 2 sell ratings, 4 hold ratings, 10 buy ratings and 1 strong buy rating for AKAM. The average twelve-month price prediction for Akamai Technologies is $121.27 with a high price target of $150.00 and a low price target of $81.00. Learn more on AKAM's analyst rating history.
Do Wall Street analysts like Akamai Technologies more than its competitors?: Analysts like Akamai Technologies more than other Computer and Technology companies. The consensus rating score for Akamai Technologies is 2.59 while the average consensus rating score for computer and technology companies is 2.58. Learn more on how AKAM compares to other companies.
Is Akamai Technologies being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Akamai Technologies's stock had 1 upgrade and 1 downgrade by analysts.

Does Akamai Technologies's stock price have much upside?: According to analysts, Akamai Technologies's stock has a predicted upside of 9.75% based on their 12-month stock forecasts.
What analysts cover Akamai Technologies?: Akamai Technologies has been rated by HSBC, JPMorgan Chase & Co., KeyCorp, Piper Sandler, Robert W. Baird, and Royal Bank of Canada in the past 90 days.

Stock Ratings Reports and Tools

Related Companies:

Today's Ratings:

Top Rated Stocks:

More Ratings Tools:

This page (NASDAQ:AKAM) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Akamai Technologies (AKAM) Stock Forecast & Price Target

Akamai Technologies Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

AKAM Analyst Ratings By Month

AKAM Price Targets by Month

Akamai Technologies Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

AKAM Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info