FY2025 Earnings Estimate for AKAM Issued By Zacks Research

Akamai Technologies, Inc. (NASDAQ:AKAM) – Zacks Research dropped their FY2025 EPS 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 earn $4.52 per share for the year, down from their previous forecast of $4.53. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.30 per share. Zacks Research also issued estimates for Akamai Technologies’ FY2026 earnings at $4.67 EPS.

Several other analysts have also recently issued reports on AKAM. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $100.00 price objective on shares of Akamai Technologies in a report on Thursday, August 15th. Tigress Financial restated a “strong-buy” rating and issued a $140.00 target price on shares of Akamai Technologies in a report on Thursday, August 29th. Oppenheimer raised shares of Akamai Technologies from a “market perform” rating to an “outperform” rating and set a $120.00 price target for the company in a report on Monday, December 2nd. HSBC raised Akamai Technologies from a “hold” rating to a “buy” rating and set a $121.00 price objective on the stock in a research note on Monday, November 11th. Finally, Robert W. Baird lowered their price objective on Akamai Technologies from $120.00 to $115.00 and set an “outperform” rating for the company in a research note on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Akamai Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $117.61.

Akamai Technologies Price Performance

NASDAQ:AKAM opened at $100.00 on Friday. The business’s 50-day moving average is $98.24 and its 200 day moving average is $96.46. Akamai Technologies has a 12 month low of $84.70 and a 12 month high of $129.17. The company has a market capitalization of $15.02 billion, a P/E ratio of 29.59, a P/E/G ratio of 3.74 and a beta of 0.65. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50.

Institutional Investors Weigh In On Akamai Technologies

Several large investors have recently bought and sold shares of AKAM. V Square Quantitative Management LLC raised its holdings in Akamai Technologies by 2.0% in the 3rd quarter. V Square Quantitative Management LLC now owns 5,113 shares of the technology infrastructure company’s stock valued at $516,000 after acquiring an additional 102 shares during the last quarter. Empirical Finance LLC boosted its stake in Akamai Technologies by 2.0% during the third quarter. Empirical Finance LLC now owns 5,327 shares of the technology infrastructure company’s stock worth $538,000 after buying an additional 103 shares during the last quarter. Van ECK Associates Corp grew its holdings in Akamai Technologies by 6.1% in the 3rd quarter. Van ECK Associates Corp now owns 1,836 shares of the technology infrastructure company’s stock valued at $189,000 after buying an additional 105 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of 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 acquiring an additional 114 shares during the last quarter. Finally, D.A. Davidson & CO. raised its holdings in shares of Akamai Technologies by 1.3% during the 3rd quarter. D.A. Davidson & CO. now owns 8,860 shares of the technology infrastructure company’s stock worth $894,000 after acquiring an additional 115 shares during the period. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director William Raymond Wagner sold 1,000 shares of the firm’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 sale, the director now directly owns 15,719 shares of the company’s stock, valued at $1,467,840.22. This trade represents a 5.98 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Paul C. Joseph sold 4,000 shares of Akamai Technologies stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $88.63, for a total transaction of $354,520.00. Following the transaction, the executive vice president now directly owns 26,703 shares of the company’s stock, valued at approximately $2,366,686.89. This trade represents a 13.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,500 shares of company stock worth $669,425 in the last three months. 1.80% of the stock is 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.