S&P 500   3,336.40 (-0.45%)
DOW   27,417.67 (-0.60%)
QQQ   276.54 (-0.24%)
AAPL   114.01 (-0.83%)
MSFT   208.09 (-0.64%)
FB   259.34 (+0.98%)
GOOGL   1,460.63 (+0.14%)
AMZN   3,165.96 (-0.25%)
TSLA   426.30 (+1.21%)
NVDA   530.77 (+1.80%)
BABA   277.46 (+0.53%)
CGC   14.67 (+3.24%)
MU   50.78 (+2.13%)
GE   6.08 (-1.94%)
AMD   81.90 (+3.04%)
T   28.23 (-0.53%)
F   6.59 (-1.49%)
ACB   4.87 (+1.88%)
GILD   62.13 (-1.15%)
NFLX   493.46 (+0.57%)
DIS   124.12 (-1.48%)
BA   163.69 (-1.44%)
BAC   23.67 (-1.74%)
S&P 500   3,336.40 (-0.45%)
DOW   27,417.67 (-0.60%)
QQQ   276.54 (-0.24%)
AAPL   114.01 (-0.83%)
MSFT   208.09 (-0.64%)
FB   259.34 (+0.98%)
GOOGL   1,460.63 (+0.14%)
AMZN   3,165.96 (-0.25%)
TSLA   426.30 (+1.21%)
NVDA   530.77 (+1.80%)
BABA   277.46 (+0.53%)
CGC   14.67 (+3.24%)
MU   50.78 (+2.13%)
GE   6.08 (-1.94%)
AMD   81.90 (+3.04%)
T   28.23 (-0.53%)
F   6.59 (-1.49%)
ACB   4.87 (+1.88%)
GILD   62.13 (-1.15%)
NFLX   493.46 (+0.57%)
DIS   124.12 (-1.48%)
BA   163.69 (-1.44%)
BAC   23.67 (-1.74%)
S&P 500   3,336.40 (-0.45%)
DOW   27,417.67 (-0.60%)
QQQ   276.54 (-0.24%)
AAPL   114.01 (-0.83%)
MSFT   208.09 (-0.64%)
FB   259.34 (+0.98%)
GOOGL   1,460.63 (+0.14%)
AMZN   3,165.96 (-0.25%)
TSLA   426.30 (+1.21%)
NVDA   530.77 (+1.80%)
BABA   277.46 (+0.53%)
CGC   14.67 (+3.24%)
MU   50.78 (+2.13%)
GE   6.08 (-1.94%)
AMD   81.90 (+3.04%)
T   28.23 (-0.53%)
F   6.59 (-1.49%)
ACB   4.87 (+1.88%)
GILD   62.13 (-1.15%)
NFLX   493.46 (+0.57%)
DIS   124.12 (-1.48%)
BA   163.69 (-1.44%)
BAC   23.67 (-1.74%)
S&P 500   3,336.40 (-0.45%)
DOW   27,417.67 (-0.60%)
QQQ   276.54 (-0.24%)
AAPL   114.01 (-0.83%)
MSFT   208.09 (-0.64%)
FB   259.34 (+0.98%)
GOOGL   1,460.63 (+0.14%)
AMZN   3,165.96 (-0.25%)
TSLA   426.30 (+1.21%)
NVDA   530.77 (+1.80%)
BABA   277.46 (+0.53%)
CGC   14.67 (+3.24%)
MU   50.78 (+2.13%)
GE   6.08 (-1.94%)
AMD   81.90 (+3.04%)
T   28.23 (-0.53%)
F   6.59 (-1.49%)
ACB   4.87 (+1.88%)
GILD   62.13 (-1.15%)
NFLX   493.46 (+0.57%)
DIS   124.12 (-1.48%)
BA   163.69 (-1.44%)
BAC   23.67 (-1.74%)
Log in
NASDAQ:AKAM

Akamai Technologies Stock Forecast, Price & News

$111.33
+0.36 (+0.32 %)
(As of 09/29/2020 12:46 PM ET)
Add
Compare
Today's Range
$110.70
Now: $111.33
$111.65
50-Day Range
$104.11
MA: $110.00
$119.57
52-Week Range
$75.18
Now: $111.33
$120.00
Volume16,535 shs
Average Volume1.88 million shs
Market Capitalization$18.11 billion
P/E Ratio33.74
Dividend YieldN/A
Beta0.3
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
Akamai Technologies logo

Beat the Market (BTM) Rank

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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.89 billion
Cash Flow$6.69 per share
Book Value$22.64 per share

Profitability

Net Income$478.04 million

Miscellaneous

Employees3,639
Market Cap$18.11 billion
Next Earnings Date10/26/2020 (Estimated)
OptionableOptionable
$111.33
+0.36 (+0.32 %)
(As of 09/29/2020 12:46 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.

speech bubbles
speech bubbles











Akamai Technologies (NASDAQ:AKAM) Frequently Asked Questions

How has Akamai Technologies' stock price 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 (WHO). Since then, AKAM shares have increased by 27.9% and is now trading at $111.33.
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 data on Tuesday, July, 28th. The technology infrastructure company reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.17. The technology infrastructure company had revenue of $794.72 million for the quarter, compared to analysts' expectations of $767.38 million. Akamai Technologies had a net margin of 17.82% and a return on equity of 17.37%. Akamai Technologies's revenue for the quarter was up 12.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.07 earnings per share.
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 program 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 repurchase up to 10.5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its stock is 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 EPS 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 12-month target prices for Akamai Technologies' shares. Their forecasts range from $95.00 to $150.00. On average, they anticipate Akamai Technologies' share price to reach $117.70 in the next year. This suggests a possible upside of 5.7% from the stock's current price.
View analysts' price targets for Akamai Technologies
.

Who are some of Akamai Technologies' key 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), Intel (INTC), Micron Technology (MU), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Netflix (NFLX), QUALCOMM (QCOM), Adobe (ADBE) 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."

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 $111.33.

How big of a company is Akamai Technologies?

Akamai Technologies has a market capitalization of $18.11 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 9/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.