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NASDAQ:AKAM

Akamai Technologies Stock Forecast, Price & News

$104.19
+0.10 (+0.10 %)
(As of 12/4/2020 12:00 AM ET)
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Today's Range
$103.33
Now: $104.19
$105.21
50-Day Range
$95.12
MA: $102.74
$110.71
52-Week Range
$75.18
Now: $104.19
$120.00
Volume1.37 million shs
Average Volume1.82 million shs
Market Capitalization$16.96 billion
P/E Ratio30.55
Dividend YieldN/A
Beta0.49
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 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; Edge DNS, which translates human-readable domain names into numerical IP addresses; Site Shield that prevents attacker from directly targeting the application origin and forces traffic to go through its network, where attack can be better detected and mitigated; identity Cloud, a customer identity access management solution; Prolexic Routed to protect web- and IP-based application; and Client Reputation that assigns risk scores to malicious IP address and enables customers to take action on individual clients. It also offers Enterprise Application Access that enables adaptive access to application; Enterprise Threat Protector to enable enterprise security teams to identify, block, and mitigate targeted attack; Ion, a suite of intelligent performance optimization tool and control; Dynamic Site Accelerator to accelerate and secure interactive website; Image Manager that automatically optimizes online images; CloudTest to conduct load testing and other analysis of website in a pre-production environment; and mPulse that provides real-time website performance data for customers to enhance their digital experiences. In addition, the company provides Aura Managed CDN, DNS Infrastructure, and security and personalization service; and adaptive delivery, download delivery, media service live, and media analytic solutions, as well as NetStorage, a cloud storage solution. It sells its solutions through direct sales and service organizations; and various channel partners. The company was founded in 1998 and is headquartered in Cambridge, Massachusetts.
Akamai Technologies logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.62 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
Employees3,639

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.89 billion
Cash Flow$6.74 per share
Book Value$25.23 per share

Profitability

Net Income$478.04 million

Miscellaneous

Market Cap$16.96 billion
Next Earnings Date2/9/2021 (Estimated)
OptionableOptionable
$104.19
+0.10 (+0.10 %)
(As of 12/4/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AKAM shares have increased by 19.7% and is now trading at $104.19.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Akamai Technologies?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akamai Technologies in the last year. There are currently 5 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Akamai Technologies
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Akamai Technologies?

Wall Street analysts have given Akamai Technologies a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Akamai Technologies wasn't one of them. MarketBeat thinks these five stocks 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, February 9th 2021.
View our earnings forecast for Akamai Technologies
.

How were Akamai Technologies' earnings last quarter?

Akamai Technologies, Inc. (NASDAQ:AKAM) issued its earnings results on Sunday, November, 1st. The technology infrastructure company reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.08. The technology infrastructure company had revenue of $792.85 million for the quarter, compared to the consensus estimate of $775.85 million. Akamai Technologies had a net margin of 18.01% and a return on equity of 17.69%.
View Akamai Technologies' earnings history
.

What price target have analysts set for AKAM?

20 brokers have issued 1-year price targets for Akamai Technologies' stock. Their forecasts range from $98.00 to $150.00. On average, they anticipate Akamai Technologies' share price to reach $119.67 in the next twelve months. This suggests a possible upside of 14.9% 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), Advanced Micro Devices (AMD), Micron Technology (MU), 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 63, Pay $1)
  • Mr. Rick M. McConnell, Pres & GM of Web Division (Age 54, Pay $1.43M)
  • Mr. Edward J. McGowan, Exec. VP & CFO (Age 49, Pay $1.07M)
  • Dr. Robert Blumofe, Exec. VP of Platform & GM of Enterprise Division (Age 55, Pay $1.1M)
  • Mr. Adam Karon, Exec. VP and GM of Media & Carrier Divisions (Age 48, Pay $1.02M)
  • Mr. Keith Oslakovic, Sr. VP of Global Performance & Operations
  • 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 50)
  • Ms. Kim Salem Jackson, Sr. VP of Global Marketing & Corp. Communications

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 a number of institutional and retail investors. Top institutional shareholders include First Trust Advisors LP (2.31%), King Luther Capital Management Corp (1.68%), California Public Employees Retirement System (0.83%), AQR Capital Management LLC (0.73%), Swiss National Bank (0.67%) and Robeco Institutional Asset Management B.V. (0.66%). 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, Monte E Ford, Rick M Mcconnell, Robert Blumofe 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 AQR Capital Management LLC, Truist Financial Corp, Polar Asset Management Partners Inc., First Trust Advisors LP, Los Angeles Capital Management & Equity Research Inc., Public Employees Retirement System of Ohio, Artemis Investment Management LLP, and Chiron Investment Management LLC. Company insiders that have sold Akamai Technologies company stock in the last year include Aaron Ahola, Adam Karon, Anthony P Williams, Edward J Mcgowan, Frederic V Salerno, Jill A Greenthal, Rick M Mcconnell, and Robert Blumofe.
View insider buying and selling activity 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 California Public Employees Retirement System, Swiss National Bank, Nisa Investment Advisors LLC, Boston Trust Walden Corp, State of Tennessee Treasury Department, Federated Hermes Inc., DekaBank Deutsche Girozentrale, 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 $104.19.

How big of a company is Akamai Technologies?

Akamai Technologies has a market capitalization of $16.96 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 12/5/2020 by MarketBeat.com Staff

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