Zacks Research Analysts Increase Earnings Estimates for AKAM

Akamai Technologies, Inc. (NASDAQ:AKAMFree Report) – Stock analysts at Zacks Research lifted their Q3 2026 earnings estimates for Akamai Technologies in a research report issued on Monday, January 27th. Zacks Research analyst A. Chatterjee now forecasts that the technology infrastructure company will post earnings of $1.13 per share for the quarter, up from their prior estimate of $1.12. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.28 per share. Zacks Research also issued estimates for Akamai Technologies’ FY2026 earnings at $4.71 EPS.

Several other analysts have also issued reports on the company. Hsbc Global Res upgraded Akamai Technologies from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Robert W. Baird reduced their price target on Akamai Technologies from $120.00 to $115.00 and set an “outperform” rating for the company in a report on Monday, November 11th. Citigroup dropped their price objective on Akamai Technologies from $104.00 to $102.00 and set a “neutral” rating on the stock in a report on Friday, January 17th. HSBC upgraded shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $121.00 target price 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 target on the stock in a research note on Monday, December 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $116.10.

Check Out Our Latest Report on Akamai Technologies

Akamai Technologies Trading Down 0.1 %

Shares of NASDAQ:AKAM opened at $100.41 on Tuesday. The firm has a fifty day moving average of $95.38 and a two-hundred day moving average of $97.56. 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 12-month low of $84.70 and a 12-month high of $129.17. The firm has a market capitalization of $15.08 billion, a P/E ratio of 29.71, a price-to-earnings-growth ratio of 3.40 and a beta of 0.64.

Insider Activity at Akamai Technologies

In related news, CTO Robert Blumofe sold 2,500 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $88.61, for a total value of $221,525.00. Following the completion of the transaction, the chief technology officer now directly owns 19,510 shares of the company’s stock, valued at $1,728,781.10. This trade represents a 11.36 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Edward J. Mcgowan sold 10,782 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $98.71, for a total transaction of $1,064,291.22. Following the completion of the sale, the chief financial officer now directly owns 12,716 shares in the company, valued at $1,255,196.36. This trade represents a 45.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 22,282 shares of company stock worth $2,099,996 in the last ninety days. 1.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Akamai Technologies

A number of institutional investors have recently added to or reduced their stakes in the stock. Public Sector Pension Investment Board lifted its position in shares of Akamai Technologies by 79.9% during the 2nd quarter. Public Sector Pension Investment Board now owns 5,975 shares of the technology infrastructure company’s stock worth $538,000 after buying an additional 2,654 shares during the period. MBB Public Markets I LLC grew its position in Akamai Technologies by 335.0% in the second quarter. MBB Public Markets I LLC now owns 10,819 shares of the technology infrastructure company’s stock valued at $975,000 after acquiring an additional 8,332 shares during the period. Creative Planning raised its stake in Akamai Technologies by 0.9% during the second quarter. Creative Planning now owns 106,970 shares of the technology infrastructure company’s stock worth $9,636,000 after acquiring an additional 980 shares in the last quarter. Systematic Financial Management LP lifted its holdings in shares of Akamai Technologies by 52.7% during the second quarter. Systematic Financial Management LP now owns 4,910 shares of the technology infrastructure company’s stock valued at $442,000 after acquiring an additional 1,695 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Akamai Technologies in the 2nd quarter valued at $984,000. 94.28% of the stock is owned by institutional investors and hedge funds.

Akamai Technologies Company Profile

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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.

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Earnings History and Estimates for Akamai Technologies (NASDAQ:AKAM)

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