NASDAQ:AKAM Akamai Technologies (AKAM) Stock Price, News & Analysis $96.54 -2.58 (-2.60%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$96.48â–Ľ$99.6850-Day Range$89.53â–Ľ$102.1152-Week Range$87.59â–Ľ$129.17Volume1.22 million shsAverage Volume1.66 million shsMarket Capitalization$14.70 billionP/E Ratio24.01Dividend YieldN/APrice Target$116.47 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Akamai Technologies alerts: Email Address Akamai Technologies MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside20.6% Upside$116.47 Price TargetShort InterestBearish5.32% of Float Sold ShortDividend StrengthN/ASustainability-1.04Upright™ Environmental ScoreNews Sentiment1.00Based on 12 Articles This WeekInsider TradingSelling Shares$617,475 Sold Last QuarterProj. Earnings Growth6.58%From $4.41 to $4.70 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.22 out of 5 starsComputer And Technology Sector149th out of 594 stocksBusiness Services, Not Elsewhere Classified Industry27th out of 91 stocks 3.3 Analyst's Opinion Consensus RatingAkamai Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 11 buy ratings, 6 hold ratings, and 1 sell rating.Amount of Analyst CoverageAkamai Technologies has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Akamai Technologies' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.32% of the float of Akamai Technologies has been sold short.Short Interest Ratio / Days to CoverAkamai Technologies has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in Akamai Technologies has recently increased by 11.25%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAkamai Technologies does not currently pay a dividend.Dividend GrowthAkamai Technologies does not have a long track record of dividend growth. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAkamai Technologies has received a 22.33% net impact score from Upright. Akamai Technologies seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Data loss prevention software", "Software build automation", "Access control software for digital services", "User interface design tools", and "Firewall software" products. See details.Environmental SustainabilityThe Environmental Impact score for Akamai Technologies is -1.04. Previous Next 3.9 News and Social Media Coverage News SentimentAkamai Technologies has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Akamai Technologies this week, compared to 10 articles on an average week.Search Interest19 people have searched for AKAM on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.MarketBeat Follows11 people have added Akamai Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Akamai Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $617,475.00 in company stock.Percentage Held by InsidersOnly 1.80% of the stock of Akamai Technologies is held by insiders.Percentage Held by Institutions94.28% of the stock of Akamai Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Akamai Technologies' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Akamai Technologies are expected to grow by 6.58% in the coming year, from $4.41 to $4.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Akamai Technologies is 24.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Akamai Technologies is 24.01, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 283.13.Price to Earnings Growth RatioAkamai Technologies has a PEG Ratio of 3.27. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAkamai Technologies has a P/B Ratio of 3.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Akamai Technologies' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… Click here now and learn how to prepare. About Akamai Technologies Stock (NASDAQ:AKAM)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. It also provides web and mobile performance solutions to enable dynamic websites and applications; media delivery solutions, including video streaming and video player services, game and software delivery, broadcast operations, authoritative domain name system, resolution, and data and analytics; and cloud computing services, such as compute, storage, networking, database, and container management services to build, deploy, and secure applications and workloads. In addition, the company offers content delivery solutions; and an array of service and support to assist customers with integrating, configuring, optimizing, and managing its offerings. It sells its solutions through various channel partners. Akamai Technologies, Inc. was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.Read More AKAM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AKAM Stock News HeadlinesAugust 31, 2024 | marketbeat.comMarketBeat Week in Review – 8/26 - 8/30 (AKAM)The major indexes moved between gains and losses to end the month, but the volatility may ramp back up with the release of the jobs report next FridayAugust 30, 2024 | insidertrades.comWilliam Raymond Wagner Sells 1,000 Shares of Akamai Technologies, Inc. (NASDAQ:AKAM) StockSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 28, 2024 | marketbeat.comAkamai: AI Tailwinds Drive Edge Computing and Security GrowthAkamai Technologies Inc. (NASDAQ: AKAM) is a leading content delivery network (CDN) that also provides cloud security and edge computing solutions.August 28, 2024 | insidertrades.comAkamai Technologies, Inc. (NASDAQ:AKAM) Director Sells $100,730.00 in StockAugust 17, 2024 | insidertrades.comAkamai Technologies, Inc. (NASDAQ:AKAM) CTO Sells $251,725.00 in StockSeptember 3, 2024 | americanbankingnews.comQ1 2025 Earnings Estimate for Akamai Technologies, Inc. Issued By Zacks Research (NASDAQ:AKAM)September 2, 2024 | finance.yahoo.comDo Its Financials Have Any Role To Play In Driving Akamai Technologies, Inc.'s (NASDAQ:AKAM) Stock Up Recently?September 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.September 1, 2024 | americanbankingnews.comAkamai Technologies, Inc. (NASDAQ:AKAM) Sees Large Increase in Short InterestAugust 30, 2024 | americanbankingnews.comAkamai Technologies' (AKAM) "Strong-Buy" Rating Reaffirmed at Tigress FinancialAugust 29, 2024 | benzinga.comCracking The Code: Understanding Analyst Reviews For Akamai TechsAugust 29, 2024 | markets.businessinsider.comAkamai Technologies: A Strong Buy on Strategic Security Shift and Solid FinancialsAugust 28, 2024 | americanbankingnews.comAnalysts Set Akamai Technologies, Inc. (NASDAQ:AKAM) PT at $116.00August 28, 2024 | markets.businessinsider.comAkamai (AKAM) Receives a Buy from Craig-HallumAugust 28, 2024 | prnewswire.comAkamai Named a Microsegmentation LeaderAugust 28, 2024 | americanbankingnews.comAkamai Technologies, Inc. (NASDAQ:AKAM) Receives $116.00 Consensus Target Price from BrokeragesAugust 28, 2024 | finance.yahoo.comInsider Sale: Director William Wagner Sells Shares of Akamai Technologies Inc (AKAM)See More Headlines Receive AKAM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Akamai Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/08/2024Today9/07/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Business services, not elsewhere classified Sub-IndustryInternet Software & Services Current SymbolNASDAQ:AKAM CUSIP00971T10 CIK1086222 Webwww.akamai.com Phone(617) 444-3000Fax617-444-3001Employees10,250Year Founded1998Price Target and Rating Average Stock Price Target$116.47 High Stock Price Target$140.00 Low Stock Price Target$81.00 Potential Upside/Downside+20.6%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage19 Analysts Profitability EPS (Most Recent Fiscal Year)$4.02 Trailing P/E Ratio24.01 Forward P/E Ratio21.89 P/E Growth3.27Net Income$547.63 million Net Margins16.01% Pretax Margin18.61% Return on Equity14.78% Return on Assets6.85% Debt Debt-to-Equity Ratio0.50 Current Ratio1.32 Quick Ratio1.32 Sales & Book Value Annual Sales$3.93 billion Price / Sales3.74 Cash Flow$7.96 per share Price / Cash Flow12.13 Book Value$31.38 per share Price / Book3.08Miscellaneous Outstanding Shares152,317,000Free Float149,575,000Market Cap$14.70 billion OptionableOptionable Beta0.68 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesDr. F. Thomson Leighton (Age 67)Co-Founder, CEO, President & Director Comp: $1Mr. Edward J. McGowan (Age 53)Executive VP, CFO & Treasurer Comp: $521kMr. Adam Karon (Age 52)COO & GM of Cloud Technology Group Comp: $556kMr. Paul Joseph (Age 50)Executive Vice President of Global Sales & Services Comp: $506kMr. Mani Sundaram (Age 48)Executive VP & GM of Security Technology Group Comp: $486kMs. Laura Howell (Age 44)Senior VP & Chief Accounting Officer Dr. Robert Blumofe (Age 59)Executive VP & CTO Comp: $511kMs. Kate ProutySenior VP & Chief Information OfficerMr. Mark StoutenbergHead of Investor RelationsMr. Aaron S. Ahola (Age 54)Executive VP, General Counsel & Corporate Secretary Comp: $450.88kMore ExecutivesKey CompetitorsFLEETCOR TechnologiesNYSE:FLTEtsyNASDAQ:ETSYLyftNASDAQ:LYFTWestern UnionNYSE:WUSEANYSE:SEView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 10,927 shares on 9/5/2024Ownership: 0.007%William Raymond WagnerSold 1,000 sharesTotal: $100,730.00 ($100.73/share)Teachers Retirement System of The State of KentuckySold 39,365 shares on 8/26/2024Ownership: 0.093%EP Wealth Advisors LLCSold 1,344 shares on 8/19/2024Ownership: 0.006%B. Riley Wealth Advisors Inc.Sold 856 shares on 8/19/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions AKAM Stock Analysis - Frequently Asked Questions How have AKAM shares performed this year? Akamai Technologies' stock was trading at $118.35 at the beginning of 2024. Since then, AKAM shares have decreased by 18.4% and is now trading at $96.54. View the best growth stocks for 2024 here. How were Akamai Technologies' earnings last quarter? Akamai Technologies, Inc. (NASDAQ:AKAM) released its earnings results on Thursday, August, 8th. The technology infrastructure company reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.05. The firm's revenue was up 4.7% on a year-over-year basis. Read the conference call transcript. Is Akamai Technologies doing a stock buyback? Akamai Technologies' board approved a stock buyback program on Thursday, May 9th 2024, which allows the company to buy back $2,000,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 13.9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued. What is Tom Leighton's approval rating as Akamai Technologies' CEO? 1,067 employees have rated Akamai Technologies Chief Executive Officer Tom Leighton on Glassdoor.com. Tom Leighton has an approval rating of 95% among the company's employees. This puts Tom Leighton in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Does Akamai Technologies have any subsidiaries? Akamai Technologies subsidiaries include these companies: Linode, GuardiCore, Inverse, Asavie Technologies, ChameleonX, krypt.co, Exceda, and others. Who are Akamai Technologies' major shareholders? Top institutional shareholders of Akamai Technologies include Mackenzie Financial Corp (1.47%), Earnest Partners LLC (1.40%), Dimensional Fund Advisors LP (1.14%) and Disciplined Growth Investors Inc. MN (0.93%). Insiders that own company stock include F Thomson Leighton, Kim Salem-Jackson, Robert Blumofe, Paul C Joseph, Mani Sundaram, William Raymond Wagner, Edward J Mcgowan, Aaron Ahola, Anthony P Williams, Adam Karon, Madhu Ranganathan and Bernardus Johannes M Verwaayen. View institutional ownership trends. How do I buy shares of Akamai Technologies? Shares of AKAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Akamai Technologies own? Based on aggregate information from My MarketBeat watchlists, some other companies that Akamai Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), Advanced Micro Devices (AMD), Micron Technology (MU), Cisco Systems (CSCO) and Netflix (NFLX). This page (NASDAQ:AKAM) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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