NASDAQ:AKAM - Akamai Technologies Stock Price, News, & Analysis

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$65.67 +0.84 (+1.30 %)
(As of 01/18/2019 03:03 PM ET)
Previous Close$64.83
Today's Range$64.87 - $65.92
52-Week Range$57.18 - $83.08
Volume144,333 shs
Average Volume1.48 million shs
Market Capitalization$10.39 billion
P/E Ratio34.58
Dividend YieldN/A
Beta0.66
Akamai Technologies, Inc. provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the United States and internationally. The company offers Web and mobile performance solutions, such as Ion, a situational performance solution; Dynamic Site Accelerator that helps in consistent Website performance; Image Manager that automatically optimizes online images; CloudTest to conduct load testing and other analysis of Websites in a pre-production environment; mPulse that provides real-time Website performance data to provide insight about end-user experiences on a Website; and Global Traffic Management, a fault-tolerant solution. It also 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 computing security solution; Bot Manager Premier to identify bots; Fast DNS, which translates human-readable domain names into numerical IP addresses; Prolexic Routed to protect Web- and IP-based applications; and Client Reputation for protection against DDoS and Web application attacks. In addition, the company 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 threats. Further, it provides network operator solutions, including Aura Licensed CDN, Aura Managed CDN, and Intelligent DNS solutions, as well as professional services and solutions; media delivery solutions, such as adaptive delivery, download delivery, infinite media acceleration, media services, and media analytics solutions; and NetStorage, a cloud storage solution. The company sells its solutions through direct sales and service organization; and channel partners. Akamai Technologies, Inc. was founded in 1998 and is headquartered in Cambridge, Massachusetts.

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Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:AKAM
CUSIP00971T10
Phone617-444-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.50 billion
Cash Flow$4.3838 per share
Book Value$19.57 per share

Profitability

Net Income$218.32 million

Miscellaneous

Employees7,650
Market Cap$10.39 billion
OptionableOptionable

Akamai Technologies (NASDAQ:AKAM) Frequently Asked Questions

What is Akamai Technologies' stock symbol?

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

How will Akamai Technologies' stock buyback program work?

Akamai Technologies declared that its Board of Directors has initiated a stock buyback plan on Monday, October 29th 2018, which allows the company to repurchase $1,100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 10.5% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

How were Akamai Technologies' earnings last quarter?

Akamai Technologies, Inc. (NASDAQ:AKAM) posted its quarterly earnings data on Monday, October, 29th. The technology infrastructure company reported $0.94 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.83 by $0.11. The technology infrastructure company had revenue of $669.63 million for the quarter, compared to analysts' expectations of $664.17 million. Akamai Technologies had a return on equity of 12.06% and a net margin of 8.39%. The business's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the business posted $0.62 EPS. View Akamai Technologies' Earnings History.

When is Akamai Technologies' next earnings date?

Akamai Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, February 12th 2019. View Earnings Estimates for Akamai Technologies.

How can I listen to Akamai Technologies' earnings call?

Akamai Technologies will be holding an earnings conference call on Tuesday, February 12th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8445789671.

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

Akamai Technologies updated its fourth quarter earnings guidance on Monday, October, 29th. The company provided earnings per share (EPS) guidance of $0.97-1.03 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.90. The company issued revenue guidance of $692-709 million, compared to the consensus revenue estimate of $703.35 million.Akamai Technologies also updated its FY18 guidance to $3.53-3.59 EPS.

What price target have analysts set for AKAM?

18 brokerages have issued 12 month target prices for Akamai Technologies' stock. Their forecasts range from $57.00 to $105.00. On average, they anticipate Akamai Technologies' stock price to reach $79.1667 in the next year. This suggests a possible upside of 20.6% from the stock's current price. View Analyst Price Targets for Akamai Technologies.

What is the consensus analysts' recommendation for Akamai Technologies?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akamai Technologies in the last year. There are currently 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Akamai Technologies.

Has Akamai Technologies been receiving favorable news coverage?

News headlines about AKAM stock have been trending somewhat positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Akamai Technologies earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned news articles about the technology infrastructure company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Who are some of Akamai Technologies' key competitors?

Who are Akamai Technologies' key executives?

Akamai Technologies' management team includes the folowing people:
  • Dr. F. Thomson Leighton, Co-Founder, CEO & Director (Age 62)
  • Mr. Rick M. McConnell, Pres & GM of Web Division (Age 53)
  • Mr. James Benson, Exec. VP, CFO & Principal Accounting Officer (Age 52)
  • Dr. Robert Blumofe, Exec. VP of Platform & GM of Enterprise Division (Age 54)
  • Mr. William Wheaton, Exec. VP & Chief Strategy Officer (Age 57)

Who are Akamai Technologies' major shareholders?

Akamai Technologies' stock is owned by many different of retail and institutional investors. Top institutional investors include LGT Capital Partners LTD. (0.35%), BTIM Corp. (0.12%), Endurance Wealth Management Inc. (0.10%), State of Alaska Department of Revenue (0.03%), Gulf International Bank UK Ltd (0.02%) and Addenda Capital Inc. (0.02%). Company insiders that own Akamai Technologies stock include Aaron Ahola, Adam Karon, F Thomson Leighton, Frederic V Salerno, James Gemmell, James M Benson, Melanie Haratunian, Naomi O Seligman, Paul Sagan, Rick M Mcconnell, Robert Blumofe, Steven Scopellite 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 Gulf International Bank UK Ltd, Endurance Wealth Management Inc., Louisiana State Employees Retirement System and Appleton Partners Inc. MA. Company insiders that have sold Akamai Technologies company stock in the last year include Aaron Ahola, Adam Karon, James Gemmell, Naomi O Seligman, Paul Sagan, Rick M Mcconnell, Robert Blumofe and William Wheaton. View Insider Buying and Selling for Akamai Technologies.

Which institutional investors are buying Akamai Technologies stock?

AKAM stock was purchased by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Virtu Financial LLC, BTIM Corp., New England Research & Management Inc., Douglas Lane & Associates LLC, QUANTRES ASSET MANAGEMENT Ltd, Cerebellum GP LLC and Contravisory Investment Management Inc.. Company insiders that have bought Akamai Technologies stock in the last two years include F Thomson Leighton and Frederic V Salerno. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Akamai Technologies' stock price today?

One share of AKAM stock can currently be purchased for approximately $65.67.

How big of a company is Akamai Technologies?

Akamai Technologies has a market capitalization of $10.39 billion and generates $2.50 billion in revenue each year. The technology infrastructure company earns $218.32 million in net income (profit) each year or $1.90 on an earnings per share basis. Akamai Technologies employs 7,650 workers across the globe.

What is Akamai Technologies' official website?

The official website for Akamai Technologies is http://www.akamai.com.

How can I contact Akamai Technologies?

Akamai Technologies' mailing address is 150 BROADWAY, CAMBRIDGE MA, 02142. The technology infrastructure company can be reached via phone at 617-444-3000 or via email at [email protected]


MarketBeat Community Rating for Akamai Technologies (NASDAQ AKAM)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  994 (Vote Outperform)
Underperform Votes:  796 (Vote Underperform)
Total Votes:  1,790
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.
This page was last updated on 1/18/2019 by MarketBeat.com Staff

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