Zacks Research Issues Optimistic Forecast for AKAM Earnings

Key Points

• Zacks Research has raised its Q3 2027 earnings per share estimate for Akamai Technologies from $1.05 to $1.08, while maintaining a "Hold" rating on the stock.
• Akamai reported a $1.73 EPS for its last quarter, exceeding expectations by $0.18 and demonstrating a year-over-year revenue growth of 6.5%.
• A notable majority of analysts have a mix of ratings for Akamai, with one Strong Buy, eight Buy, nine Hold, and five Sell ratings, leading to an average target price of $92.53.

Akamai Technologies, Inc. (NASDAQ:AKAM - Free Report) - Analysts at Zacks Research boosted their Q3 2027 earnings per share estimates for Akamai Technologies in a research report issued on Thursday, October 23rd. Zacks Research analyst Team now expects that the technology infrastructure company will post earnings of $1.08 per share for the quarter, up from their previous forecast of $1.05. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Akamai Technologies' current full-year earnings is $4.60 per share.

Other equities research analysts have also recently issued reports about the company. DA Davidson reaffirmed a "buy" rating and issued a $115.00 target price on shares of Akamai Technologies in a report on Thursday, October 16th. Raymond James Financial reduced their target price on Akamai Technologies from $110.00 to $84.00 and set an "outperform" rating on the stock in a report on Friday, August 8th. Weiss Ratings cut Akamai Technologies from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, October 8th. The Goldman Sachs Group began coverage on Akamai Technologies in a report on Wednesday, August 13th. They set a "sell" rating and a $67.00 price objective on the stock. Finally, Morgan Stanley lowered shares of Akamai Technologies from an "equal weight" rating to an "underweight" rating and set a $85.00 price objective for the company. in a research report on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have assigned a Hold rating and five have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $92.53.

Akamai Technologies Trading Down 0.1%

AKAM stock opened at $74.61 on Friday. Akamai Technologies has a 1-year low of $67.51 and a 1-year high of $105.26. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.31 and a quick ratio of 2.31. The company has a market capitalization of $10.70 billion, a price-to-earnings ratio of 26.46, a PEG ratio of 3.57 and a beta of 0.75. The business has a 50 day simple moving average of $76.35 and a two-hundred day simple moving average of $77.06.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The technology infrastructure company reported $1.73 EPS for the quarter, beating the consensus estimate of $1.55 by $0.18. Akamai Technologies had a return on equity of 14.26% and a net margin of 10.40%.The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the previous year, the business earned $1.58 earnings per share. The business's revenue was up 6.5% on a year-over-year basis. Akamai Technologies has set its FY 2025 guidance at 6.600-6.800 EPS. Q3 2025 guidance at 1.620-1.660 EPS.

Insiders Place Their Bets

In related news, EVP Paul C. Joseph sold 5,000 shares of the business's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $76.65, for a total transaction of $383,250.00. Following the completion of the transaction, the executive vice president owned 27,349 shares in the company, valued at $2,096,300.85. The trade was a 15.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Robert Blumofe sold 3,000 shares of the company's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $77.00, for a total transaction of $231,000.00. Following the completion of the transaction, the chief technology officer owned 27,910 shares in the company, valued at approximately $2,149,070. The trade was a 9.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,000 shares of company stock valued at $917,290 over the last 90 days. Insiders own 2.00% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AKAM. Beverly Hills Private Wealth LLC increased its position in shares of Akamai Technologies by 4.7% during the first quarter. Beverly Hills Private Wealth LLC now owns 2,828 shares of the technology infrastructure company's stock worth $228,000 after acquiring an additional 126 shares during the period. Opes Wealth Management LLC raised its position in Akamai Technologies by 2.7% during the 1st quarter. Opes Wealth Management LLC now owns 4,872 shares of the technology infrastructure company's stock valued at $392,000 after purchasing an additional 128 shares in the last quarter. UMB Bank n.a. raised its position in Akamai Technologies by 50.8% during the 2nd quarter. UMB Bank n.a. now owns 395 shares of the technology infrastructure company's stock valued at $32,000 after purchasing an additional 133 shares in the last quarter. Amalgamated Bank raised its position in Akamai Technologies by 0.5% during the 1st quarter. Amalgamated Bank now owns 29,080 shares of the technology infrastructure company's stock valued at $2,341,000 after purchasing an additional 139 shares in the last quarter. Finally, Horizon Investments LLC raised its position in Akamai Technologies by 7.2% during the 1st quarter. Horizon Investments LLC now owns 2,220 shares of the technology infrastructure company's stock valued at $179,000 after purchasing an additional 149 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

Akamai Technologies Company Profile

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.

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