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

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$67.02 -1.01 (-1.48 %)
(As of 12/13/2018 11:01 AM ET)
Previous Close$68.03
Today's Range$66.88 - $68.21
52-Week Range$56.56 - $83.08
Volume15,442 shs
Average Volume1.46 million shs
Market Capitalization$10.98 billion
P/E Ratio35.35
Dividend YieldN/A
Beta0.56
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

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

Debt

Debt-to-Equity Ratio0.27
Current Ratio2.03
Quick Ratio2.03

Price-To-Earnings

Trailing P/E Ratio35.35
Forward P/E Ratio25.20
P/E Growth1.73

Sales & Book Value

Annual Sales$2.50 billion
Price / Sales4.36
Cash Flow$4.2337 per share
Price / Cash Flow15.83
Book Value$19.57 per share
Price / Book3.42

Profitability

EPS (Most Recent Fiscal Year)$1.90
Net Income$218.32 million
Net Margins8.39%
Return on Equity12.06%
Return on Assets7.92%

Miscellaneous

Employees7,650
Outstanding Shares162,870,000
Market Cap$10.98 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 announced that its board has initiated a share repurchase plan on Monday, October 29th 2018, which authorizes the company to repurchase $1,100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 10.5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its shares are undervalued.

How were Akamai Technologies' earnings last quarter?

Akamai Technologies, Inc. (NASDAQ:AKAM) posted its quarterly earnings results on Monday, October, 29th. The technology infrastructure company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.11. The technology infrastructure company earned $669.63 million during the quarter, compared to analyst estimates of $664.17 million. Akamai Technologies had a net margin of 8.39% and a return on equity of 12.06%. The firm's revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.62 earnings per share. 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 5th 2019. View Earnings Estimates for Akamai Technologies.

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 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?

19 Wall Street analysts have issued 12-month price objectives for Akamai Technologies' stock. Their forecasts range from $57.00 to $105.00. On average, they anticipate Akamai Technologies' stock price to reach $80.7778 in the next year. This suggests a possible upside of 20.4% from the stock's current price. View Analyst Price Targets for Akamai Technologies.

What is the consensus analysts' recommendation for Akamai Technologies?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akamai Technologies in the last year. There are currently 6 hold ratings and 13 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?

Press coverage about AKAM stock has been trending somewhat positive on Thursday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Akamai Technologies earned a news impact score of 2.0 on InfoTrie's scale. They also gave media stories about the technology infrastructure company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term.

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 61)
  • Mr. Rick M. McConnell, Pres & GM of Web Division (Age 52)
  • Mr. James Benson, Exec. VP, CFO & Principal Accounting Officer (Age 51)
  • Dr. Robert Blumofe, Exec. VP of Platform & GM of Enterprise Division (Age 53)
  • Mr. William Wheaton, Exec. VP & Chief Strategy Officer (Age 56)

Who are Akamai Technologies' major shareholders?

Akamai Technologies' stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.50%), Clearbridge Investments LLC (5.39%), First Trust Advisors LP (2.69%), Canada Pension Plan Investment Board (2.51%), AQR Capital Management LLC (2.36%) and FIL Ltd (1.60%). 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 Victory Capital Management Inc., Conning Inc., FIL Ltd, AQR Capital Management LLC, Capital Research Global Investors, Fairpointe Capital LLC, Mitsubishi UFJ Trust & Banking Corp and Panagora Asset Management Inc.. 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 bought by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, American Century Companies Inc., First Trust Advisors LP, Janus Henderson Group PLC, Bank of Montreal Can, Nordea Investment Management AB, Robeco Institutional Asset Management B.V. and Robeco Institutional Asset Management B.V.. 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 $67.10.

How big of a company is Akamai Technologies?

Akamai Technologies has a market capitalization of $10.98 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:  988 (Vote Outperform)
Underperform Votes:  790 (Vote Underperform)
Total Votes:  1,778
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 12/13/2018 by MarketBeat.com Staff

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