NASDAQ:AKAM Akamai Technologies Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Akamai Technologies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $108.22 +1.34 (+1.25 %) (As of 09/18/2020 03:26 PM ET) Add Compare Share Today's Range$106.29Now: $108.22▼$108.6050-Day Range$104.11MA: $110.19▼$119.5752-Week Range$75.18Now: $108.22▼$120.00Volume29,026 shsAverage Volume1.90 million shsMarket Capitalization$17.61 billionP/E Ratio32.79Dividend YieldN/ABeta0.3 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Akamai Technologies, Inc. provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the United States and internationally. It provides cloud security solutions, including Web Application Protector to safeguard Web assets from Web application and distributed denial of service; Kona Site Defender, a cloud security solution; Bot Manager to identify bots and categorize bots based on business or IT impact; Fast DNS, which translates human-readable domain names into numerical IP addresses; Prolexic Routed to protect Web- and IP-based applications; and Client Reputation that assigns risk scores to malicious IP address and enables customers to take action on individual clients. The company also offers enterprise security solutions, including Enterprise Application Access that enables remote access to applications; and Enterprise Threat Protector to enable enterprise security teams to identify, block, and mitigate targeted attacks. In addition, the company provides Web and mobile performance solutions, such as Ion, a suite of intelligent performance optimization tools and controls; Dynamic Site Accelerator to accelerate and secure interactive Websites; Image Manager that automatically optimizes online images; CloudTest to conduct load testing and other analysis of Websites in a pre-production environment; and mPulse that provides real-time Website performance data to provide insight about end-user experiences on a Website. Further, it provides carrier solutions, including Aura Managed CDN, intelligent recursive DNS platforms, and security and personalization services; and media delivery solutions, such as adaptive delivery, download delivery, media services live, and media analytics, as well as NetStorage, a cloud storage solution. The company sells its solutions through direct sales and service organization; and channel partners. The company was founded in 1998 and is headquartered in Cambridge, Massachusetts.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingAkamai Technologies has received a consensus rating of Buy. The company's average rating score is 2.77, and is based on 17 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $117.70, Akamai Technologies has a forecasted upside of 9.2% from its current price of $107.78.Amount of Analyst CoverageAkamai Technologies has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.8 Community Rank Outperform VotesAkamai Technologies has received 1,150 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAkamai Technologies has received 925 “underperform” votes. (Add your “underperform” vote.)Community SentimentAkamai Technologies has received 55.42% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Akamai Technologies and other stocks. Vote “Outperform” if you believe AKAM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AKAM will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldAkamai Technologies does not currently pay a dividend.Dividend GrowthAkamai Technologies does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Akamai Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,987,070.00 in company stock.Percentage Held by InsidersOnly 2.40% of the stock of Akamai Technologies is held by insiders.Percentage Held by Institutions88.37% of the stock of Akamai Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Akamai Technologies are expected to grow by 7.16% in the coming year, from $4.05 to $4.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Akamai Technologies is 32.66, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Akamai Technologies is 32.66, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 62.34.Price to Earnings Growth RatioAkamai Technologies has a PEG Ratio of 2.16. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAkamai Technologies has a P/B Ratio of 4.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.49 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Business services, not elsewhere classified Sub-IndustryInternet Software & Services SectorComputer and Technology Current SymbolNASDAQ:AKAM Previous Symbol CUSIP00971T10 CIK1086222 Webwww.akamai.com Phone617-444-3000Debt Debt-to-Equity Ratio0.48 Current Ratio3.34 Quick Ratio3.34Price-To-Earnings Trailing P/E Ratio32.79 Forward P/E Ratio26.72 P/E Growth2.16 Sales & Book Value Annual Sales$2.89 billion Price / Sales6.09 Cash Flow$6.70 per share Price / Cash Flow16.15 Book Value$22.64 per share Price / Book4.78Profitability EPS (Most Recent Fiscal Year)$3.61 Net Income$478.04 million Net Margins17.82% Return on Equity17.37% Return on Assets9.29%Miscellaneous Employees3,639 Outstanding Shares162,705,000Market Cap$17.61 billion Next Earnings Date10/26/2020 (Estimated) OptionableOptionable $108.22 +1.34 (+1.25 %) (As of 09/18/2020 03:26 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive AKAM News and Ratings via Email Sign-up to receive the latest news and ratings for AKAM and its competitors with MarketBeat's FREE daily newsletter. Akamai Technologies (NASDAQ:AKAM) Frequently Asked Questions How has Akamai Technologies' stock been impacted by Coronavirus (COVID-19)? Akamai Technologies' stock was trading at $87.02 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AKAM stock has increased by 23.4% and is now trading at $107.37. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Akamai Technologies? 22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akamai Technologies in the last year. There are currently 5 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Akamai Technologies. When is Akamai Technologies' next earnings date? Akamai Technologies is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020. View our earnings forecast for Akamai Technologies. How were Akamai Technologies' earnings last quarter? Akamai Technologies, Inc. (NASDAQ:AKAM) released its quarterly earnings results on Tuesday, July, 28th. The technology infrastructure company reported $1.38 earnings per share for the quarter, topping analysts' consensus estimates of $1.21 by $0.17. The technology infrastructure company earned $794.72 million during the quarter, compared to the consensus estimate of $767.38 million. Akamai Technologies had a return on equity of 17.37% and a net margin of 17.82%. The company's revenue was up 12.7% compared to the same quarter last year. During the same period last year, the company earned $1.07 EPS. View Akamai Technologies' earnings history. How will Akamai Technologies' stock buyback program work? Akamai Technologies announced that its Board of Directors has initiated a share buyback plan on Monday, October 29th 2018, which permits the company to repurchase $1,100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 10.5% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its shares are undervalued. What guidance has Akamai Technologies issued on next quarter's earnings? Akamai Technologies issued an update on its third quarter earnings guidance on Tuesday, July, 28th. The company provided earnings per share guidance of $1.20-1.24 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.20. The company issued revenue guidance of $760-785 million, compared to the consensus revenue estimate of $758.78 million. What price target have analysts set for AKAM? 22 brokers have issued 1-year price objectives for Akamai Technologies' stock. Their forecasts range from $95.00 to $150.00. On average, they anticipate Akamai Technologies' share price to reach $117.70 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View analysts' price targets for Akamai Technologies. Are investors shorting Akamai Technologies? Akamai Technologies saw a increase in short interest in the month of August. As of August 14th, there was short interest totaling 9,290,000 shares, an increase of 9.4% from the July 30th total of 8,490,000 shares. Based on an average trading volume of 1,870,000 shares, the short-interest ratio is currently 5.0 days. Approximately 5.8% of the company's stock are short sold. View Akamai Technologies' Short Interest. Who are some of Akamai Technologies' key competitors? Some companies that are related to Akamai Technologies include Facebook (FB), Equinix (EQIX), SEA (SE), eBay (EBAY), CoStar Group (CSGP), Twitter (TWTR), Verisign (VRSN), ANGI Homeservices (ANGI), LogMeIn (LOGM), Envestnet (ENV), Stamps.com (STMP), J2 Global (JCOM), LivePerson (LPSN), SPS Commerce (SPSC) and Cornerstone OnDemand (CSOD). View all competitors. 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), Micron Technology (MU), Intel (INTC), Netflix (NFLX), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Adobe (ADBE), QUALCOMM (QCOM) and salesforce.com (CRM). Who are Akamai Technologies' key executives? Akamai Technologies' management team includes the following people: Dr. F. Thomson Leighton, Co-Founder, CEO & Director (Age 62)Mr. Rick M. McConnell, Pres & GM of Web Division (Age 53)Dr. Robert Blumofe, Exec. VP of Platform & GM of Enterprise Division (Age 54)Mr. Adam Karon, Exec. VP and GM of Media & Carrier Divisions (Age 47)Mr. James Benson, Exec. Advisor (Age 52) 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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.22%), Mint Tower Capital Management B.V. (5.55%), Canada Pension Plan Investment Board (2.89%), First Trust Advisors LP (2.41%), Nordea Investment Management AB (2.24%) and King Luther Capital Management Corp (1.65%). Company insiders that own Akamai Technologies stock include Aaron Ahola, Adam Karon, Anthony P Williams, Bernardus Johannes M Verwaayen, Edward J Mcgowan, Ewout L Steenbergen, Frederic V Salerno, James Gemmell, Jill A Greenthal, Monte E Ford, Paul Sagan, Rick M Mcconnell, Robert Blumofe and William Wheaton. View institutional ownership trends for Akamai Technologies. Which institutional investors are selling Akamai Technologies stock? AKAM stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Bank of Montreal Can, Alyeska Investment Group L.P., Marshall Wace North America L.P., Assenagon Asset Management S.A., Glenmede Trust Co. NA, Portolan Capital Management LLC, and Teacher Retirement System of Texas. Company insiders that have sold Akamai Technologies company stock in the last year include Aaron Ahola, Adam Karon, Anthony P Williams, Bernardus Johannes M Verwaayen, Edward J Mcgowan, Ewout L Steenbergen, Frederic V Salerno, James Gemmell, Jill A Greenthal, Rick M Mcconnell, and Robert Blumofe. View insider buying and selling activity for Akamai Technologies. Which institutional investors are buying Akamai Technologies stock? AKAM stock was bought by a variety of institutional investors in the last quarter, including Mint Tower Capital Management B.V., Nordea Investment Management AB, First Trust Advisors LP, PNC Financial Services Group Inc., Vanguard Group Inc., Sumitomo Mitsui Trust Holdings Inc., Retirement Systems of Alabama, and Ardevora Asset Management LLP. View insider buying and selling activity for Akamai Technologies. How do I buy shares of Akamai Technologies? Shares of AKAM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Akamai Technologies' stock price today? One share of AKAM stock can currently be purchased for approximately $107.37. How big of a company is Akamai Technologies? Akamai Technologies has a market capitalization of $17.47 billion and generates $2.89 billion in revenue each year. The technology infrastructure company earns $478.04 million in net income (profit) each year or $3.61 on an earnings per share basis. Akamai Technologies employs 3,639 workers across the globe. What is Akamai Technologies' official website? The official website for Akamai Technologies is www.akamai.com. How can I contact Akamai Technologies? Akamai Technologies' mailing address is 145 BROADWAY, CAMBRIDGE MA, 02142. The technology infrastructure company can be reached via phone at 617-444-3000 or via email at [email protected] This page was last updated on 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: 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 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. 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