Limelight Networks Stock Forecast, Price & News

Limelight Networks' stock was trading at $4.47 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LLNW stock has decreased by 2.7% and is now trading at $4.35.
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9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Limelight Networks in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Limelight Networks is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Limelight Networks.

Limelight Networks, Inc. (NASDAQ:LLNW) announced its earnings results on Thursday, October, 22nd. The information services provider reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.02 by $0.03. The information services provider had revenue of $59.24 million for the quarter, compared to analyst estimates of $58.94 million. Limelight Networks had a negative net margin of 3.62% and a negative return on equity of 4.51%. The business's revenue was up 15.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.01 earnings per share.
View Limelight Networks' earnings history.

Limelight Networks updated its FY 2020 After-Hours earnings guidance on Thursday, October, 22nd. The company provided EPS guidance of -0.02-0.08 for the period, compared to the Thomson Reuters consensus estimate of $0.08. The company issued revenue guidance of $230-240 million, compared to the consensus revenue estimate of $236.59 million.

9 Wall Street analysts have issued 1-year target prices for Limelight Networks' stock. Their forecasts range from $4.10 to $9.00. On average, they expect Limelight Networks' stock price to reach $7.39 in the next twelve months. This suggests a possible upside of 69.8% from the stock's current price.
View analysts' price targets for Limelight Networks.

Some companies that are related to Limelight Networks include Facebook (FB), Equinix (EQIX), SEA (SE), Twitter (TWTR), CoStar Group (CSGP), eBay (EBAY), VeriSign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), Envestnet (ENV), J2 Global (JCOM), LivePerson (LPSN), SPS Commerce (SPSC), Stamps.com (STMP) and Cornerstone OnDemand (CSOD).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Limelight Networks investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Plug Power (PLUG), Nokia (NOK), Zynga (ZNGA), Inovio Pharmaceuticals (INO), Square (SQ), Intel (INTC), QUALCOMM (QCOM) and Fastly (FSLY).

Limelight Networks trades on the NASDAQ under the ticker symbol "LLNW."

Limelight Networks' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.04%), Lord Abbett & CO. LLC (5.28%), Royce & Associates LP (1.66%), AWM Investment Company Inc. (1.65%), Wasatch Advisors Inc. (1.19%) and Blair William & Co. IL (1.06%). Company insiders that own Limelight Networks stock include David Peterschmidt, Jeffrey T Fisher, Kurt Silverman, Michael Disanto, Patricia Hadden, Robert A Lento, Sajid Malhotra, Scott Genereux, Thomas Marth and Walter Amaral.
View institutional ownership trends for Limelight Networks.

LLNW stock was sold by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Fuller & Thaler Asset Management Inc., Mackay Shields LLC, Cubist Systematic Strategies LLC, Sei Investments Co., BlackRock Inc., Millrace Asset Group Inc., and Cowen Prime Services LLC. Company insiders that have sold Limelight Networks company stock in the last year include David Peterschmidt, Jeffrey T Fisher, Kurt Silverman, Michael Disanto, Patricia Hadden, Robert A Lento, Sajid Malhotra, Scott Genereux, Thomas Marth, and Walter Amaral.
View insider buying and selling activity for Limelight Networks.

LLNW stock was acquired by a variety of institutional investors in the last quarter, including Pinnacle Associates Ltd., Blair William & Co. IL, JPMorgan Chase & Co., Lord Abbett & CO. LLC, Charles Schwab Investment Management Inc., Squarepoint Ops LLC, SG Americas Securities LLC, and Acuitas Investments LLC. Company insiders that have bought Limelight Networks stock in the last two years include Sajid Malhotra, and Thomas Marth.
View insider buying and selling activity for Limelight Networks.

Shares of LLNW 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.

One share of LLNW stock can currently be purchased for approximately $4.35.

Limelight Networks has a market capitalization of $534.94 million and generates $200.63 million in revenue each year. The information services provider earns $-16,040,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis. Limelight Networks employs 620 workers across the globe.

The official website for Limelight Networks is www.limelight.com.

Limelight Networks' mailing address is 1465 NORTH SCOTTSDALE ROAD SUITE 400, SCOTTSDALE AZ, 85257. The information services provider can be reached via phone at 602-850-5000 or via email at [email protected]