S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
NASDAQ:AKAM

Akamai Technologies (AKAM) Stock Forecast, Price & News

$107.61
+0.06 (+0.06%)
(As of 09/25/2023 ET)
Compare
Today's Range
$107.14
$107.92
50-Day Range
$92.18
$108.49
52-Week Range
$70.65
$109.05
Volume
1.80 million shs
Average Volume
1.61 million shs
Market Capitalization
$16.33 billion
P/E Ratio
36.35
Dividend Yield
N/A
Price Target
$109.41

Akamai Technologies MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
1.7% Upside
$109.41 Price Target
Short Interest
Bearish
5.30% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.04
Upright™ Environmental Score
News Sentiment
0.70mentions of Akamai Technologies in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$4.54 M Sold Last Quarter
Proj. Earnings Growth
9.93%
From $4.43 to $4.87 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.16 out of 5 stars

Computer And Technology Sector

340th out of 583 stocks

Business Services, Not Elsewhere Classified Industry

59th out of 87 stocks


AKAM stock logo

About Akamai Technologies (NASDAQ:AKAM) Stock

Akamai Technologies, Inc. provides cloud services for securing, delivering, and computing content, applications, and software over the internet 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. It also provides web and mobile performance solutions to enable dynamic websites and applications; media delivery solutions, including video streaming and video player services, game and software delivery, broadcast operations, authoritative domain name system, resolution, and data and analytics; and cloud computing services, such as compute, storage, networking, database, and container management services to build, deploy, and secure applications and workloads. In addition, the company offers carrier offerings, including cybersecurity protection, parental controls, DNS infrastructure and content delivery solutions; and an array of service and support to assist customers with integrating, configuring, optimizing, and managing its offerings. It sells its solutions through direct sales and service organizations, as well as through various channel partners. The company was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.

AKAM Price History

AKAM Stock News Headlines

This Stock is a Beacon of Strength Amid Market Volatility
One stock that has displayed impressive relative strength in recent days compared to the overall market and its sector is Akamai Technologies (NASDAQ: AKAM).
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Akamai Technologies Has Low Organic Growth
Akamai Celebrates 20 Years in Asia-Pacific
The Latest Analyst Ratings for Akamai Techs
See More Headlines
Receive AKAM Stock News and Ratings via Email

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

AKAM Company Calendar

Last Earnings
8/08/2023
Today
9/25/2023
Next Earnings (Estimated)
11/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Internet Software & Services
Current Symbol
NASDAQ:AKAM
CUSIP
00971T10
Employees
9,800
Year Founded
1998

Price Target and Rating

Average Stock Price Forecast
$109.41
High Stock Price Forecast
$145.00
Low Stock Price Forecast
$75.00
Forecasted Upside/Downside
+1.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
16 Analysts

Profitability

Net Income
$523.67 million
Pretax Margin
16.48%

Debt

Sales & Book Value

Annual Sales
$3.66 billion
Cash Flow
$8.03 per share
Book Value
$27.73 per share

Miscellaneous

Free Float
148,982,000
Market Cap
$16.33 billion
Optionable
Optionable
Beta
0.76

Social Links

Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Key Executives

  • Dr. F. Thomson LeightonDr. F. Thomson Leighton (Age 66)
    Co-Founder, CEO, Pres & Director
    Comp: $1
  • Mr. Edward J. McGowanMr. Edward J. McGowan (Age 51)
    Exec. VP, CFO & Treasurer
    Comp: $518.57k
  • Mr. Adam  KaronMr. Adam Karon (Age 50)
    COO & GM of Cloud Technology Group
    Comp: $555.92k
  • Mr. Paul  JosephMr. Paul Joseph (Age 49)
    Exec. VP of Global Sales & Services
    Comp: $501.96k
  • Mr. Mani  SundaramMr. Mani Sundaram (Age 46)
    Exec. VP & GM of Security Technology Group
    Comp: $485.75k
  • Ms. Laura Howell (Age 43)
    Chief Accounting Officer
  • Dr. Robert  BlumofeDr. Robert Blumofe (Age 58)
    Exec. VP & CTO
  • Ms. Kate Prouty
    Chief Information Officer
  • Mr. Tom Barth
    Head of Investor Relations
  • Mr. Aaron S. AholaMr. Aaron S. Ahola (Age 53)
    Exec. VP, Gen. Counsel & Corp. Sec.













AKAM Stock - Frequently Asked Questions

Should I buy or sell Akamai Technologies stock right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akamai Technologies in the last twelve months. There are currently 1 sell rating, 3 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AKAM shares.
View AKAM analyst ratings
or view top-rated stocks.

What is Akamai Technologies' stock price forecast for 2023?

16 analysts have issued 1 year target prices for Akamai Technologies' shares. Their AKAM share price forecasts range from $75.00 to $145.00. On average, they anticipate the company's share price to reach $109.41 in the next twelve months. This suggests a possible upside of 1.7% from the stock's current price.
View analysts price targets for AKAM
or view top-rated stocks among Wall Street analysts.

How have AKAM shares performed in 2023?

Akamai Technologies' stock was trading at $84.30 at the beginning of 2023. Since then, AKAM stock has increased by 27.7% and is now trading at $107.61.
View the best growth stocks for 2023 here
.

Are investors shorting Akamai Technologies?

Akamai Technologies saw a increase in short interest in August. As of August 31st, there was short interest totaling 7,890,000 shares, an increase of 19.4% from the August 15th total of 6,610,000 shares. Based on an average daily volume of 1,520,000 shares, the days-to-cover ratio is currently 5.2 days. Approximately 5.3% of the shares of the stock are sold short.
View Akamai Technologies' Short Interest
.

When is Akamai Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our AKAM earnings forecast
.

How were Akamai Technologies' earnings last quarter?

Akamai Technologies, Inc. (NASDAQ:AKAM) released its quarterly earnings data on Tuesday, August, 8th. The technology infrastructure company reported $1.01 EPS for the quarter, missing the consensus estimate of $1.11 by $0.10. The technology infrastructure company earned $935.72 million during the quarter, compared to analysts' expectations of $931.52 million. Akamai Technologies had a net margin of 12.64% and a trailing twelve-month return on equity of 14.41%.

How will Akamai Technologies' stock buyback program work?

Akamai Technologies declared that its Board of Directors has initiated a stock repurchase program on Tuesday, November 2nd 2021, which allows the company to repurchase $1,800,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 10% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

What guidance has Akamai Technologies issued on next quarter's earnings?

Akamai Technologies issued an update on its FY23 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of $5.87-$5.95 for the period, compared to the consensus earnings per share estimate of $5.75. The company issued revenue guidance of $3.765-$3.795 billion, compared to the consensus revenue estimate of $3.76 billion.

What is Tom Leighton's approval rating as Akamai Technologies' CEO?

1,067 employees have rated Akamai Technologies Chief Executive Officer Tom Leighton on Glassdoor.com. Tom Leighton has an approval rating of 95% among the company's employees. This puts Tom Leighton in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Akamai Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Akamai Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), Advanced Micro Devices (AMD), Micron Technology (MU), Cisco Systems (CSCO), Netflix (NFLX), QUALCOMM (QCOM), Adobe (ADBE) and Salesforce (CRM).

What is Akamai Technologies' stock symbol?

Akamai Technologies trades on the NASDAQ under the ticker symbol "AKAM."

Who are Akamai Technologies' major shareholders?

Akamai Technologies' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Nordea Investment Management AB (2.88%), Geode Capital Management LLC (2.36%), Alliancebernstein L.P. (2.02%), King Luther Capital Management Corp (1.69%), Champlain Investment Partners LLC (1.63%) and Bank Julius Baer & Co. Ltd Zurich (1.47%). Insiders that own company stock include Aaron Ahola, Adam Karon, Anthony P Williams, Bernardus Johannes M Verwaayen, Edward J Mcgowan, F Thomson Leighton, Jill A Greenthal, Kim Salem-Jackson, Madhu Ranganathan, Mani Sundaram, Monte E Ford, Paul C Joseph, Rick M Mcconnell, Rick M Mcconnell and Robert Blumofe.
View institutional ownership trends
.

How do I buy shares of Akamai Technologies?

Shares of AKAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Akamai Technologies' stock price today?

One share of AKAM stock can currently be purchased for approximately $107.61.

How much money does Akamai Technologies make?

Akamai Technologies (NASDAQ:AKAM) has a market capitalization of $16.33 billion and generates $3.66 billion in revenue each year. The technology infrastructure company earns $523.67 million in net income (profit) each year or $2.96 on an earnings per share basis.

How many employees does Akamai Technologies have?

The company employs 9,800 workers across the globe.

Does Akamai Technologies have any subsidiaries?
The following companies are subsidiares of Akamai Technologies: AJ TECHNOLOGIES LTD, AKAMAI INDIA NETWORKS PRIVATE LTD., AKAMAI INTERNATIONAL BV, AKAMAI IRELAND LIMITED, AKAMAI SALES LLC, AKAMAI TECHNOLOGIES AB, AKAMAI TECHNOLOGIES APJ PTE LTD., AKAMAI TECHNOLOGIES ARGENTINA SRL, AKAMAI TECHNOLOGIES BELGIUM SPRL, AKAMAI TECHNOLOGIES CANADA, AKAMAI TECHNOLOGIES COSTA RICA SRL, AKAMAI TECHNOLOGIES DENMARK APS, AKAMAI TECHNOLOGIES G.K., AKAMAI TECHNOLOGIES GMBH, AKAMAI TECHNOLOGIES HONG KONG LIMITED, AKAMAI TECHNOLOGIES INDIA PRIVATE LTD., AKAMAI TECHNOLOGIES INTERNATIONAL AG, AKAMAI TECHNOLOGIES ISRAEL LIMITED, AKAMAI TECHNOLOGIES LIMITED, AKAMAI TECHNOLOGIES LLC, AKAMAI TECHNOLOGIES LUXEMBOURGH SARL, AKAMAI TECHNOLOGIES MALAYSIA SDN BHD, AKAMAI TECHNOLOGIES NETHERLANDS BV, AKAMAI TECHNOLOGIES POLAND SP. Z.O.O., AKAMAI TECHNOLOGIES S.R.I., AKAMAI TECHNOLOGIES S.R.O., AKAMAI TECHNOLOGIES SARL, AKAMAI TECHNOLOGIES SECURITIES CORPORATION, AKAMAI TECHNOLOGIES SINGAPORE PVT. LTD., AKAMAI TECHNOLOGIES SOLUTIONS (INDIA) PRIVATE LTD., AKAMAI TECHNOLOGIES SPAIN SL, AKAMAI TECHNOLOGIES YUHAN HOESA, AKAMAI TECNOLOGIAS E SERVICOS DO BRASIL LTDA., AKAMAI TEKNOLOGJI HIZMETLERI LIMIITED SIRKETI, ASAVIE GMBH, ASAVIE R&D LIMITED, ASAVIE TECHNOLOGIES LIMITED, ASAVIE TECHNOLOGIES SALES LIMITED, ASAVIE UK LIMITED, Asavie Technologies, Blaze.io, Bloxx, CHAMELEONX LTD., CallTheShots, ChameleonX, Concord Systems, Cotendo, Cyberfend, Exceda, FastSoft, GUARDICORE INC., GUARDICORE INDIA PRIVATE LTD., GUARDICORE LTD., GUARDICORE UK LIMITED, GuardiCore, Intervu, Inverse, Janrain, Linode, Netli, Network24 Communications, Nine Systems Corp, Nominum, Octoshape, PT. AKAMAI TECKNOLOGI INDONESIA, Prolexic Technologies, Red Swoosh, SOASTA, Soha Systems, Speedera Networks, Streaming Media Corporation, Velocitude, Velocius Networks, Verivue, Xerocole, acerno, and krypt.co.
Read More
How can I contact Akamai Technologies?

Akamai Technologies' mailing address is 145 BROADWAY, CAMBRIDGE MA, 02142. The official website for the company is www.akamai.com. The technology infrastructure company can be reached via phone at (617) 444-3000, via email at invrel@akamai.com, or via fax at 617-444-3001.

This page (NASDAQ:AKAM) was last updated on 9/26/2023 by MarketBeat.com Staff

My Account -