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S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
Are blue chip stocks a good investment?
New CBOE “special perk” helps traders target income every weekend (Ad)
Power Play: GE's game-changing technology for EVs and grids
Home sales hit a 13-year low... what now?
New CBOE “special perk” helps traders target income every weekend (Ad)
Stock market today: World shares mixed after Wall St ends its best month of '23 with big gains
Salesforce.com completes a reversal: new all-time high in sight
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
A 15% gain in store for Five Below after rosy holiday outlook
Elon Musk Gives Profanity-Laden Tirade During DealBook Interview: "Go F--- Yourself'
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
Are blue chip stocks a good investment?
New CBOE “special perk” helps traders target income every weekend (Ad)
Power Play: GE's game-changing technology for EVs and grids
Home sales hit a 13-year low... what now?
New CBOE “special perk” helps traders target income every weekend (Ad)
Stock market today: World shares mixed after Wall St ends its best month of '23 with big gains
Salesforce.com completes a reversal: new all-time high in sight
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
A 15% gain in store for Five Below after rosy holiday outlook
Elon Musk Gives Profanity-Laden Tirade During DealBook Interview: "Go F--- Yourself'
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
Are blue chip stocks a good investment?
New CBOE “special perk” helps traders target income every weekend (Ad)
Power Play: GE's game-changing technology for EVs and grids
Home sales hit a 13-year low... what now?
New CBOE “special perk” helps traders target income every weekend (Ad)
Stock market today: World shares mixed after Wall St ends its best month of '23 with big gains
Salesforce.com completes a reversal: new all-time high in sight
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
A 15% gain in store for Five Below after rosy holiday outlook
Elon Musk Gives Profanity-Laden Tirade During DealBook Interview: "Go F--- Yourself'

Akamai Technologies Stock Price, News & Analysis (NASDAQ:AKAM)

$115.53
-0.17 (-0.15%)
(As of 11/30/2023 ET)
Compare
Today's Range
$114.62
$116.06
50-Day Range
$101.85
$115.70
52-Week Range
$70.65
$116.10
Volume
2.88 million shs
Average Volume
1.51 million shs
Market Capitalization
$17.43 billion
P/E Ratio
34.80
Dividend Yield
N/A
Price Target
$109.72

Akamai Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.61 Rating Score
Upside/​Downside
5.0% Downside
$109.72 Price Target
Short Interest
Bearish
6.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.04
Upright™ Environmental Score
News Sentiment
0.12mentions of Akamai Technologies in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$3.60 M Sold Last Quarter
Proj. Earnings Growth
12.58%
From $4.45 to $5.01 Per Share

Overall MarketRank

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

2.10 out of 5 stars

Computer And Technology Sector

317th out of 599 stocks

Business Services, Not Elsewhere Classified Industry

51st out of 88 stocks


AKAM stock logo

About Akamai Technologies Stock (NASDAQ:AKAM)

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 Stock Price History

AKAM Stock News Headlines

SoFi's financial landscape: Insider moves, and valuation puzzles (AKAM)
SoFi Technologies navigates a complex financial landscape marked by insider moves, and valuation challenges amidst strong growth and diversified revenue stream.
Fastly shifts into the fast lane toward profits (AKAM)
Edge cloud platform operator Fastly delivered its second consecutive positive quarter of earnings, and investors are rewarding FSLY stock
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Hydrolix Joins Akamai Qualified Computing Partner Program
SoFi Technologies: Managing Investor Enthusiasm
Craig-Hallum Keeps Their Hold Rating on Akamai (AKAM)
Q3 2023 Akamai Technologies Inc Earnings Call
Analyst Expectations for Akamai Techs's Future
11 Best Edge Computing Stocks to Buy Now
Let's Check Akamai Technologies' Charts Ahead of Earnings
AKAMAI REPORTS THIRD QUARTER 2023 FINANCIAL RESULTS
See More Headlines
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Company Calendar

Last Earnings
11/07/2023
Today
11/30/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/13/2024

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 Target
$109.72
High Stock Price Target
$145.00
Low Stock Price Target
$75.00
Potential Upside/Downside
-5.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.61
Research Coverage
18 Analysts

Profitability

Net Income
$523.67 million
Pretax Margin
16.68%

Debt

Sales & Book Value

Annual Sales
$3.62 billion
Cash Flow
$8.09 per share
Book Value
$28.67 per share

Miscellaneous

Free Float
148,117,000
Market Cap
$17.43 billion
Optionable
Optionable
Beta
0.77

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AKAM Stock Analysis - Frequently Asked Questions

Should I buy or sell Akamai Technologies stock right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akamai Technologies in the last twelve months. There are currently 1 sell rating, 6 hold ratings, 10 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 target for 2024?

18 analysts have issued 12-month price targets for Akamai Technologies' shares. Their AKAM share price targets range from $75.00 to $145.00. On average, they expect the company's share price to reach $109.72 in the next year. This suggests that the stock has a possible downside of 5.0%.
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 on January 1st, 2023. Since then, AKAM shares have increased by 37.0% and is now trading at $115.53.
View the best growth stocks for 2023 here
.

When is Akamai Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our AKAM earnings forecast
.

How were Akamai Technologies' earnings last quarter?

Akamai Technologies, Inc. (NASDAQ:AKAM) posted its quarterly earnings data on Tuesday, November, 7th. The technology infrastructure company reported $0.98 earnings per share for the quarter, missing the consensus estimate of $1.15 by $0.17. The technology infrastructure company had revenue of $965.48 million for the quarter, compared to analysts' expectations of $944.57 million. Akamai Technologies had a net margin of 13.76% and a trailing twelve-month return on equity of 14.54%.

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

Akamai Technologies issued an update on its fourth quarter earnings guidance on Tuesday, November, 7th. The company provided earnings per share (EPS) guidance of $1.57-1.62 for the period, compared to the consensus earnings per share estimate of $1.54. The company issued revenue guidance of $985 million -$1.005 billion, compared to the consensus revenue estimate of $986.84 million.

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).

Who are Akamai Technologies' major shareholders?

Akamai Technologies' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Nordea Investment Management AB (2.69%), Legal & General Group Plc (1.73%), Mackenzie Financial Corp (1.40%), Jericho Capital Asset Management L.P. (1.36%), Northern Trust Corp (1.27%) and Earnest Partners LLC (1.19%). 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.

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.
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This page (NASDAQ:AKAM) was last updated on 12/1/2023 by MarketBeat.com Staff

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