What is Zacks Research’s Forecast for AKAM FY2025 Earnings?

Akamai Technologies, Inc. (NASDAQ:AKAM) – Research analysts at Zacks Research lowered their FY2025 earnings estimates for shares of Akamai Technologies in a report released on Thursday, December 12th. Zacks Research analyst A. Chatterjee now forecasts that the technology infrastructure company will post earnings per share of $4.52 for the year, down from their prior estimate of $4.53. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.29 per share. Zacks Research also issued estimates for Akamai Technologies’ FY2026 earnings at $4.67 EPS.

Several other analysts also recently weighed in on AKAM. Tigress Financial restated a “strong-buy” rating and set a $140.00 target price on shares of Akamai Technologies in a research note on Thursday, August 29th. Scotiabank dropped their price objective on Akamai Technologies from $115.00 to $112.00 and set a “sector outperform” rating on the stock in a report on Friday, November 8th. Hsbc Global Res upgraded Akamai Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. HSBC upgraded shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $121.00 price target for the company in a research note on Monday, November 11th. Finally, Oppenheimer upgraded shares of Akamai Technologies from a “market perform” rating to an “outperform” rating and set a $120.00 price objective on the stock in a research note on Monday, December 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $117.61.

Akamai Technologies Stock Down 0.8 %

NASDAQ AKAM opened at $99.24 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.50. Akamai Technologies has a fifty-two week low of $84.70 and a fifty-two week high of $129.17. The business has a 50 day moving average price of $98.19 and a two-hundred day moving average price of $96.53. The stock has a market cap of $14.91 billion, a PE ratio of 29.36, a P/E/G ratio of 3.83 and a beta of 0.65.

Institutional Investors Weigh In On Akamai Technologies

Hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC grew its holdings in Akamai Technologies by 85.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 247 shares of the technology infrastructure company’s stock worth $25,000 after buying an additional 114 shares in the last quarter. Innealta Capital LLC bought a new position in shares of Akamai Technologies in the second quarter worth $28,000. Family Firm Inc. acquired a new position in shares of Akamai Technologies during the second quarter valued at $35,000. Eastern Bank bought a new stake in shares of Akamai Technologies during the third quarter valued at about $71,000. Finally, Covestor Ltd raised its stake in shares of Akamai Technologies by 67.7% during the third quarter. Covestor Ltd now owns 887 shares of the technology infrastructure company’s stock valued at $90,000 after purchasing an additional 358 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

Insider Activity

In related news, CTO Robert Blumofe sold 2,500 shares of Akamai Technologies stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $88.61, for a total value of $221,525.00. Following the sale, the chief technology officer now directly owns 19,510 shares in the company, valued at $1,728,781.10. This trade represents a 11.36 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William Raymond Wagner sold 1,000 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $93.38, for a total transaction of $93,380.00. Following the completion of the transaction, the director now owns 15,719 shares of the company’s stock, valued at approximately $1,467,840.22. This trade represents a 5.98 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,500 shares of company stock valued at $669,425. 1.80% of the stock is currently owned by insiders.

Akamai Technologies Company Profile

Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.