NASDAQ:AKAM

Akamai Technologies Stock Forecast, Price & News

$115.83
+1.20 (+1.05 %)
(As of 06/21/2021 03:59 PM ET)
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Today's Range
$114.61
$116.05
50-Day Range
$103.57
$119.08
52-Week Range
$92.64
$124.91
Volume63,326 shs
Average Volume1.82 million shs
Market Capitalization$18.88 billion
P/E Ratio32.63
Dividend YieldN/A
Beta0.41
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Akamai Technologies logo

About Akamai Technologies

Akamai Technologies, Inc. provides cloud services for securing, delivering, and optimizing content and business applications over the internet in the United States and internationally. The company offers cloud and enterprise security solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance. It also provides web and mobile performance solutions to enable dynamic websites and applications; media delivery solutions, including video streaming and video player services, game and software delivery, broadcast operations, authoritative domain name system, resolution, and data and analytics; and edge compute solutions to enable developers to deploy and distribute code at the edge. In addition, the company offers carrier offerings, including cyberthreat protection, parental controls, DNS infrastructure and content delivery solutions; and an array of service and support to assist customers with integrating, configuring, optimizing, and managing its offerings. It sells its solutions through direct sales and service organizations, as well as through various channel partners. Akamai Technologies, Inc. has a strategic partnership with Queue-It to deliver a cure for Covid vaccine registration. The company was founded in 1998 and is headquartered in Cambridge, Massachusetts.

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MarketRank

Overall MarketRank

1.53 out of 5 stars

Computer And Technology Sector

363rd out of 1,590 stocks

Business Services, Not Elsewhere Classified Industry

57th out of 203 stocks

Analyst Opinion: 1.3Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Akamai Technologies (NASDAQ:AKAM) Frequently Asked Questions

Is Akamai Technologies a buy right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Akamai Technologies in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Akamai Technologies stock.
View analyst ratings for Akamai Technologies
or view top-rated stocks.

What stocks does MarketBeat like better than Akamai Technologies?

Wall Street analysts have given Akamai Technologies a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Akamai Technologies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Akamai Technologies' next earnings date?

Akamai Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Akamai Technologies
.

How were Akamai Technologies' earnings last quarter?

Akamai Technologies, Inc. (NASDAQ:AKAM) released its earnings results on Monday, May, 3rd. The technology infrastructure company reported $1.38 EPS for the quarter, beating the Zacks' consensus estimate of $1.30 by $0.08. The technology infrastructure company earned $842.71 million during the quarter, compared to analysts' expectations of $829.74 million. Akamai Technologies had a trailing twelve-month return on equity of 17.41% and a net margin of 18.00%. The company's revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.20 EPS.
View Akamai Technologies' earnings history
.

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. Since then, AKAM shares have increased by 33.1% and is now trading at $115.83.
View which stocks have been most impacted by COVID-19
.

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

Akamai Technologies issued an update on its second quarter 2021 earnings guidance on Wednesday, May, 26th. The company provided earnings per share (EPS) guidance of 1.350-1.400 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.340. The company issued revenue guidance of $839 million-$853 million, compared to the consensus revenue estimate of $839.74 million.

What price target have analysts set for AKAM?

12 equities research analysts have issued 1-year price targets for Akamai Technologies' stock. Their forecasts range from $105.00 to $150.00. On average, they anticipate Akamai Technologies' stock price to reach $121.92 in the next twelve months. This suggests a possible upside of 5.3% 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:
  • Dr. F. Thomson Leighton, Co-Founder, CEO & Director (Age 64, Pay $1)
  • Mr. Rick M. McConnell, Pres & GM of Security Technology Group (Age 55, Pay $580k)
  • Mr. Edward J. McGowan, Exec. VP & CFO (Age 50, Pay $462.31k)
  • Mr. Adam Karon, COO & GM of Edge Technology Group (Age 49, Pay $475k)
  • Dr. Robert Blumofe, Chief Technology Officer (Age 56, Pay $505k)
  • Mr. Mani Sundaram, Exec. VP of Global Services & Support and Chief Information Officer
  • Mr. Tom Barth, Head of Investor Relations
  • Mr. Aaron S. Ahola, Exec. VP, Gen. Counsel & Corp. Sec. (Age 51)
  • Mr. Paul Joseph, Exec. VP of Global Sales
  • Mr. Charlie Rice, Sr. VP of Corp. and Bus. Devel.

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.

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), 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 institutional and retail investors. Top institutional investors include Clearbridge Investments LLC (3.74%), Nordea Investment Management AB (2.95%), Geode Capital Management LLC (1.82%), King Luther Capital Management Corp (1.73%), Northern Trust Corp (1.22%) and Disciplined Growth Investors Inc. MN (0.97%). 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, Madhu Ranganathan, Mani Sundaram, Monte E Ford, 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 Paloma Partners Management Co, Russell Investments Group Ltd., Robeco Institutional Asset Management B.V., The PNC Financial Services Group Inc., Alliancebernstein L.P., Clearbridge Investments LLC, Bank of Montreal Can, and Bowen Hanes & Co. Inc.. Company insiders that have sold Akamai Technologies company stock in the last year include Aaron Ahola, Adam Karon, Anthony P Williams, Edward J Mcgowan, Madhu Ranganathan, 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 purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Clarus Group Inc., Clarus Group Inc., Alyeska Investment Group L.P., Disciplined Growth Investors Inc. MN, Envestnet Asset Management Inc., DekaBank Deutsche Girozentrale, and LGT Capital Partners LTD..
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 $115.83.

How much money does Akamai Technologies make?

Akamai Technologies has a market capitalization of $18.88 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 $4.16 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, AKAMAI (BEIJING) TECHNOLOGIES CO. LTD., AKAMAI INTERNATIONAL BV, AKAMAI JAPAN G.K., AKAMAI NETWORKS B.V., AKAMAI SALES LLC, AKAMAI TECHNOLOGIES AB, AKAMAI TECHNOLOGIES APJ PTE LTD., 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 Technologies, BLOXX LTD., Blaze.io, Bloxx, CODEMATE APS, CallTheShots, ChameleonX, Concord Systems, Cotendo, Cyberfend, Exceda, FastSoft, Intervu, Janrain, K STREAMING LLC, Netli, Network24 Communications, Nine Systems Corp, Nominum, OCTOSHAPE APS, OCTOSHAPE SINGAPORE PTE LTD., OCTOSHAPE UK LTD., Octoshape, PROLEXIC TECHNOLOGIES HONG KONG LTD., Prolexic Technologies, Red Swoosh, SOASTA, 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 or via email at [email protected]


This page was last updated on 6/21/2021 by MarketBeat.com Staff
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