S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NASDAQ:AKAM

Akamai Technologies Stock Forecast, Price & News

$111.14
+0.19 (+0.17%)
(As of 12/3/2021 04:00 PM ET)
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Today's Range
$109.39
$111.89
50-Day Range
$101.57
$114.26
52-Week Range
$92.64
$124.91
Volume
1.05 million shs
Average Volume
1.40 million shs
Market Capitalization
$18.06 billion
P/E Ratio
30.53
Dividend Yield
N/A
Beta
0.54
30 days | 90 days | 365 days | Advanced Chart
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Akamai Technologies logo

About Akamai Technologies

Akamai Technologies, Inc. engages in the provision of cloud services for delivering, optimizing, and securing content and business applications over the Internet. Its products include security, web performance, media delivery, and network operator. The company was founded by Frank T. Leighton, Jonathan Seelig, Randall S. Kaplan, and Daniel M. Lewin on August 20, 1998 and is headquartered in Cambridge, MA.

Headlines

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Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Internet Software & Services
Current Symbol
NASDAQ:AKAM
CUSIP
00971T10
Employees
8,368
Year Founded
1998

Sales & Book Value

Annual Sales
$3.20 billion
Cash Flow
$7.56 per share
Book Value
$28.20 per share

Profitability

Net Income
$557.05 million
Pretax Margin
19.88%

Debt

Price-To-Earnings

Miscellaneous

Free Float
158,580,000
Market Cap
$18.06 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/02/2021
Today
12/05/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/08/2022

Social Links


MarketRank

Overall MarketRank

2.17 out of 5 stars

Computer And Technology Sector

361st out of 892 stocks

Business Services, Not Elsewhere Classified Industry

56th out of 137 stocks

Analyst Opinion: 2.3Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Akamai Technologies (NASDAQ:AKAM) Frequently Asked Questions

Is Akamai Technologies a buy right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Akamai Technologies in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Akamai Technologies stock.
View analyst ratings for Akamai Technologies
or view top-rated stocks.

How has Akamai Technologies' stock price been impacted by COVID-19?

Akamai Technologies' stock was trading at $87.02 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AKAM shares have increased by 27.7% and is now trading at $111.14.
View which stocks have been most impacted by COVID-19
.

When is Akamai Technologies' next earnings date?

Akamai Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, February 8th 2022.
View our earnings forecast for Akamai Technologies
.

How were Akamai Technologies' earnings last quarter?

Akamai Technologies, Inc. (NASDAQ:AKAM) posted its quarterly earnings results on Tuesday, November, 2nd. The technology infrastructure company reported $1.45 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.39 by $0.06. Akamai Technologies had a net margin of 17.77% and a trailing twelve-month return on equity of 16.98%. During the same quarter last year, the firm posted $1.11 EPS.
View Akamai Technologies' earnings history
.

How will Akamai Technologies' stock buyback program work?

Akamai Technologies announced that its board has authorized a share repurchase program on Tuesday, November 2nd 2021, which allows the company to buyback $1,800,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 10% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

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

Akamai Technologies updated its FY 2021 earnings guidance on Wednesday, November, 10th. The company provided EPS guidance of $5.630-$5.690 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.610. The company issued revenue guidance of $3.44 billion-$3.46 billion, compared to the consensus revenue estimate of $3.44 billion.

What price target have analysts set for AKAM?

14 brokerages have issued 1 year target prices for Akamai Technologies' shares. Their forecasts range from $115.00 to $140.00. On average, they anticipate Akamai Technologies' stock price to reach $128.90 in the next year. This suggests a possible upside of 16.0% from the stock's current price.
View analysts' price targets for Akamai Technologies
or view top-rated stocks among Wall Street analysts.

Who are Akamai Technologies' key executives?

Akamai Technologies' management team includes the following people:

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

1,067 employees have rated Akamai Technologies CEO Tom Leighton on Glassdoor.com. Tom Leighton has an approval rating of 95% among Akamai Technologies' 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.com (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 many different retail and institutional investors. Top institutional investors include Nordea Investment Management AB (7.00%), Geode Capital Management LLC (1.96%), King Luther Capital Management Corp (1.76%), Mackenzie Financial Corp (1.37%), Alliancebernstein L.P. (1.20%) and Barclays PLC (0.96%). Company insiders that own Akamai Technologies stock include Aaron Ahola, Adam Karon, Anthony P Williams, Edward J Mcgowan, Frederic V Salerno, Jill A Greenthal, Madhu Ranganathan, Mani Sundaram, Monte E Ford, Rick M Mcconnell, Rick M Mcconnell and Robert Blumofe.
View institutional ownership trends for Akamai Technologies
.

Which major investors are selling Akamai Technologies stock?

AKAM stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Boston Trust Walden Corp, UBS Group AG, Arrowstreet Capital Limited Partnership, First Hawaiian Bank, Hancock Whitney Corp, Retirement Systems of Alabama, and Kornitzer Capital Management Inc. KS. Company insiders that have sold Akamai Technologies company stock in the last year include Aaron Ahola, Adam Karon, Anthony P Williams, Edward J Mcgowan, Jill A Greenthal, Mani Sundaram, Monte E Ford, Rick M Mcconnell, and Robert Blumofe.
View insider buying and selling activity for Akamai Technologies
or view top insider-selling stocks.

Which major investors are buying Akamai Technologies stock?

AKAM stock was acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Alliancebernstein L.P., Bank of Nova Scotia, Impax Asset Management Group plc, Hsbc Holdings PLC, ING Groep NV, Mackenzie Financial Corp, and Geode Capital Management LLC.
View insider buying and selling activity for Akamai Technologies
or or view top insider-buying stocks.

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 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 $111.14.

How much money does Akamai Technologies make?

Akamai Technologies has a market capitalization of $18.06 billion and generates $3.20 billion in revenue each year. The technology infrastructure company earns $557.05 million in net income (profit) each year or $3.64 on an earnings per share basis.

How many employees does Akamai Technologies have?

Akamai Technologies employs 8,368 workers across the globe.

Does Akamai Technologies have any subsidiaries?

The following companies are subsidiares of Akamai Technologies: AJ TECHNOLOGIES LTD, AKAM TECHNOLOGIES MEXICO, AKAMAI (BEIJING) TECHNOLOGIES CO. LTD., AKAMAI INDIA NETWORKS PRIVATE LTD., AKAMAI INTERNATIONAL BV, AKAMAI IRELAND LIMITED, AKAMAI JAPAN G.K., 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 E SERVICOS DO BRASIL LTDA., 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 LTD., 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, AKAMI TEKNOLOGI HIZMETLERI LIMIITED SIKRETI, ASAVIE GMBH, ASAVIE PTE LIMITED, ASAVIE R&D LIMITED, ASAVIE TECHNOLOGIES INC., ASAVIE TECHNOLOGIES LIMITED, ASAVIE TECHNOLOGIES SALES LIMITED, ASAVIE UK LIMITED, Asavie Technologies, BEIJING JANRAIN TECHNOLOGY CO. LTD., Blaze.io, Bloxx, CHAMELEONX LTD., CODEMATE APS, CallTheShots, ChameleonX, Concord Systems, Cotendo, Cyberfend, Exceda, FastSoft, INVERSE SOFTWARE INC., Intervu, Inverse, JANRAIN LTD., Janrain, K STREAMING LLC, Netli, Network24 Communications, Nine Systems Corp, Nominum, OCTOSHAPE APS, Octoshape, PT. AKAMAI TECKNOLOGI INDONESIA, Prolexic Technologies, Red Swoosh, SOASTA, SOHA SYSTEMS INDIA PRIVATE LTD., Soha Systems, Speedera Networks, Streaming Media Corporation, Velocitude, Velocius Networks, Verivue, Xerocole, acerno, and krypt.co.

When was Akamai Technologies founded?

Akamai Technologies was founded in 1998.

What is Akamai Technologies' official website?

The official website for Akamai Technologies is www.akamai.com.

Where are Akamai Technologies' headquarters?

Akamai Technologies is headquartered at 145 BROADWAY, CAMBRIDGE MA, 02142.

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, via email at [email protected], or via fax at 617-444-3001.


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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