NASDAQ:AKAMAkamai Technologies Stock Price, Forecast & 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 $106.22 -1.65 (-1.53 %) (As of 08/11/2020 04:00 PM ET) Add Compare Share Today's Range$105.87Now: $106.22▼$108.6350-Day Range$100.88MA: $110.55▼$115.2452-Week Range$75.18Now: $106.22▼$116.39Volume1.71 million shsAverage Volume1.53 million shsMarket Capitalization$17.28 billionP/E Ratio32.19Dividend YieldN/ABeta0.34 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider 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™ 3.4 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 potential upside of 10.8% from its current price of $106.22.Amount of Analyst CoverageAkamai Technologies has been the subject of 11 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 1,149 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAkamai Technologies has received 923 “underperform” votes. (Add your “underperform” vote.)Community SentimentAkamai Technologies has received 55.45% “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 $3,849,989.00 in company stock.Percentage Held by InsidersOnly 2.40% of the stock of Akamai Technologies is held by insiders.Percentage Held by Institutions86.99% 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 32.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Akamai Technologies is 32.19, 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 36.12.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 4.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.69 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 Ratio0.65 Current Ratio3.34 Quick Ratio3.20Price-To-Earnings Trailing P/E Ratio32.19 Forward P/E Ratio26.23 P/E Growth2.16 Sales & Book Value Annual Sales$2.89 billion Price / Sales5.97 Cash Flow$6.60 per share Price / Cash Flow16.10 Book Value$24.00 per share Price / Book4.43Profitability 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 Shares162,710,000Market Cap$17.28 billion Next Earnings Date10/26/2020 (Estimated) OptionableOptionable $106.22 -1.65 (-1.53 %) (As of 08/11/2020 04:00 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 COVID-19 (Coronavirus)? Akamai Technologies' stock was trading at $87.02 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AKAM stock has increased by 22.1% and is now trading at $106.22. View which stocks have been most impacted by Coronavirus. 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) announced its earnings results on Tuesday, July, 28th. The technology infrastructure company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.17. The technology infrastructure company earned $794.72 million during the quarter, compared to analysts' expectations of $767.38 million. Akamai Technologies had a return on equity of 17.37% and a net margin of 17.82%. The firm's revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.07 earnings per share. View Akamai Technologies' earnings history. How will Akamai Technologies' stock buyback program work? Akamai Technologies declared that its Board of Directors has authorized a share buyback plan on Monday, October 29th 2018, which permits the company to buyback $1,100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 10.5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued. What guidance has Akamai Technologies issued on next quarter's earnings? Akamai Technologies updated 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 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 analysts have issued 1 year price objectives for Akamai Technologies' shares. Their forecasts range from $95.00 to $150.00. On average, they anticipate Akamai Technologies' stock price to reach $117.70 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price. View analysts' price targets for Akamai Technologies. Has Akamai Technologies been receiving favorable news coverage? Media headlines about AKAM stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Akamai Technologies earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media headlines about the technology infrastructure company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Akamai Technologies. 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), Envestnet (ENV), Stamps.com (STMP), LogMeIn (LOGM), LivePerson (LPSN), J2 Global (JCOM), Cimpress (CMPR) and SPS Commerce (SPSC). 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), Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU), Advanced Micro Devices (AMD), salesforce.com (CRM), Netflix (NFLX), QUALCOMM (QCOM) and Adobe (ADBE). 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 many different institutional and retail investors. Top institutional shareholders include Mint Tower Capital Management B.V. (5.55%), First Trust Advisors LP (2.41%), Robeco Institutional Asset Management B.V. (0.66%), Sumitomo Mitsui Trust Holdings Inc. (0.62%), LGT Capital Partners LTD. (0.58%) and Swiss National Bank (0.50%). Company insiders that own Akamai Technologies stock include Aaron Ahola, Adam Karon, 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 major investors are selling Akamai Technologies stock? AKAM stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Teacher Retirement System of Texas, Strs Ohio, Arizona State Retirement System, Kornitzer Capital Management Inc. KS, Boston Trust Walden Corp, CWM LLC, and Dana Investment Advisors Inc.. Company insiders that have sold Akamai Technologies company stock in the last year include Aaron Ahola, Adam Karon, 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 major investors are buying Akamai Technologies stock? AKAM stock was acquired by a variety of institutional investors in the last quarter, including Mint Tower Capital Management B.V., First Trust Advisors LP, PNC Financial Services Group Inc., Sumitomo Mitsui Trust Holdings Inc., Retirement Systems of Alabama, Ardevora Asset Management LLP, Swiss National Bank, and Wedge Capital Management L L P NC. 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 $106.22. How big of a company is Akamai Technologies? Akamai Technologies has a market capitalization of $17.28 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 8/12/2020 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. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
