NASDAQ:AKAM

Akamai Technologies Stock Forecast, Price & News

$106.36
+0.81 (+0.77 %)
(As of 04/22/2021 12:00 AM ET)
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Today's Range
$104.62
Now: $106.36
$106.62
50-Day Range
$93.41
MA: $101.15
$105.96
52-Week Range
$92.64
Now: $106.36
$124.91
Volume2.44 million shs
Average Volume2.05 million shs
Market Capitalization$17.36 billion
P/E Ratio31.19
Dividend YieldN/A
Beta0.47
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

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
Current SymbolNASDAQ:AKAM
CUSIP00971T10
Phone617-444-3000
Employees8,368
Year Founded1998

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.89 billion
Cash Flow$7.01 per share
Book Value$22.64 per share

Profitability

Net Income$478.04 million

Miscellaneous

Market Cap$17.36 billion
Next Earnings Date5/4/2021 (Confirmed)
OptionableOptionable

Headlines

3 Reasons We Think Akamai Is A Buy
March 30, 2021 |  marketbeat.com
IoT Edge Market to Witness Huge Growth by 2029
April 6, 2021 |  marketwatch.com
Is AKAM Stock A Buy or Sell?
April 5, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.61 out of 5 stars

Computer And Technology Sector

269th out of 1,554 stocks

Business Services, Not Elsewhere Classified Industry

44th out of 192 stocks

Analyst Opinion: 2.3Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$106.36
+0.81 (+0.77 %)
(As of 04/22/2021 12:00 AM ET)
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Akamai Technologies (NASDAQ:AKAM) Frequently Asked Questions

Is Akamai Technologies a buy right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Akamai Technologies in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas 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, May 4th 2021.
View our earnings forecast for Akamai Technologies
.

How can I listen to Akamai Technologies' earnings call?

Akamai Technologies will be holding an earnings conference call on Tuesday, May 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Akamai Technologies' earnings last quarter?

Akamai Technologies, Inc. (NASDAQ:AKAM) issued its quarterly earnings data on Monday, February, 8th. The technology infrastructure company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.02. The technology infrastructure company had revenue of $846 million for the quarter, compared to the consensus estimate of $829.46 million. Akamai Technologies had a trailing twelve-month return on equity of 17.69% and a net margin of 18.01%. The firm's revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.23 EPS.
View Akamai Technologies' earnings history
.

How has Akamai Technologies' stock 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. Since then, AKAM shares have increased by 22.2% and is now trading at $106.36.
View which stocks have been most impacted by COVID-19
.

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

Akamai Technologies updated its FY21 earnings guidance on Tuesday, February, 9th. The company provided earnings per share (EPS) guidance of $5.33-5.46 for the period, compared to the Thomson Reuters consensus estimate of $5.46. The company issued revenue guidance of $3.37-3.42 billion, compared to the consensus revenue estimate of $3.39 billion.

What price target have analysts set for AKAM?

15 analysts have issued 12 month target prices for Akamai Technologies' shares. Their forecasts range from $105.00 to $150.00. On average, they anticipate Akamai Technologies' stock price to reach $121.80 in the next twelve months. This suggests a possible upside of 14.5% 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) (LinkedIn Profile)
  • Mr. Rick M. McConnell, Pres & GM of Web Division (Age 55, Pay $1.43M) (LinkedIn Profile)
  • Mr. Edward J. McGowan, Exec. VP & CFO (Age 50, Pay $1.07M) (LinkedIn Profile)
  • Dr. Robert Blumofe, Exec. VP of Platform & GM of Enterprise Division (Age 56, Pay $1.1M) (LinkedIn Profile)
  • Mr. Adam Karon, Exec. VP and GM of Media & Carrier Divisions (Age 49, Pay $1.02M) (LinkedIn Profile)
  • Mr. Keith Oslakovic, Sr. VP of Global Performance & Operations
  • Mr. Mani Sundaram, Exec. VP of Global Services & Support and Chief Information Officer (LinkedIn Profile)
  • Mr. Tom Barth, Head of Investor Relations
  • Mr. Aaron S. Ahola, Exec. VP, Gen. Counsel & Corp. Sec. (Age 51) (LinkedIn Profile)
  • Ms. Kim Salem Jackson, Sr. VP of Global Marketing & Corp. Communications

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 a variety of retail and institutional investors. Top institutional shareholders include LGT Capital Partners LTD. (0.91%), Boston Trust Walden Corp (0.34%), Clarus Group Inc. (0.27%), Retirement Systems of Alabama (0.24%), New York State Teachers Retirement System (0.13%) and Reilly Financial Advisors LLC (0.10%). 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, 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 First Hawaiian Bank, Exchange Traded Concepts LLC, New York State Teachers Retirement System, Sentry Investment Management LLC, Chevy Chase Trust Holdings Inc., State of Alaska Department of Revenue, Retirement Systems of Alabama, and Dalton Greiner Hartman Maher & Co.. 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, Rick M Mcconnell, and Robert Blumofe.
View insider buying and selling activity for Akamai Technologies
or view top insider-selling stocks.

Which institutional investors are buying Akamai Technologies stock?

AKAM stock was bought by a variety of institutional investors in the last quarter, including Clarus Group Inc., LGT Capital Partners LTD., Boston Trust Walden Corp, Gradient Investments LLC, Reilly Financial Advisors LLC, MTM Investment Management LLC, Everence Capital Management Inc., and Ipswich Investment Management Co. Inc..
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 $106.36.

How much money does Akamai Technologies make?

Akamai Technologies has a market capitalization of $17.36 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.

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 4/23/2021 by MarketBeat.com Staff
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