Zacks Research Analysts Increase Earnings Estimates for AKAM

Akamai Technologies, Inc. (NASDAQ:AKAM - Free Report) - Investment analysts at Zacks Research upped their Q3 2026 earnings per share estimates for shares of 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.

Other analysts have also recently issued reports about the company. Scotiabank decreased 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. Evercore ISI reaffirmed an "outperform" rating and set a $110.00 price objective on shares of Akamai Technologies in a report on Tuesday, December 17th. Citigroup decreased 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. UBS Group assumed coverage on Akamai Technologies in a report on Monday, December 16th. They set a "neutral" rating and a $110.00 price objective on the stock. Finally, Oppenheimer raised Akamai Technologies from a "market perform" rating to an "outperform" rating and set a $120.00 price objective on the stock in a report on Monday, December 2nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $116.10.

Akamai Technologies Price Performance

NASDAQ AKAM traded up $0.87 during trading hours on Tuesday, reaching $100.54. The company's stock had a trading volume of 1,869,370 shares, compared to its average volume of 1,737,063. The firm's 50-day moving average price is $95.13 and its 200-day moving average price is $97.54. 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 1 year low of $84.70 and a 1 year high of $129.17. The company has a market capitalization of $15.10 billion, a price-to-earnings ratio of 29.75, a PEG ratio of 3.40 and a beta of 0.64.

Institutional Investors Weigh In On Akamai Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC raised its stake in Akamai Technologies by 85.7% in the third quarter. Farther Finance Advisors LLC now owns 247 shares of the technology infrastructure company's stock valued at $25,000 after buying an additional 114 shares during the last quarter. Bruce G. Allen Investments LLC raised its stake in shares of Akamai Technologies by 38.8% in the fourth quarter. Bruce G. Allen Investments LLC now owns 554 shares of the technology infrastructure company's stock worth $53,000 after purchasing an additional 155 shares during the last quarter. Eastern Bank purchased a new position in shares of Akamai Technologies in the third quarter worth about $71,000. Covestor Ltd raised its stake in shares of Akamai Technologies by 67.7% in the third quarter. Covestor Ltd now owns 887 shares of the technology infrastructure company's stock worth $90,000 after purchasing an additional 358 shares during the last quarter. Finally, Catalyst Capital Advisors LLC purchased a new position in shares of Akamai Technologies in the third quarter worth about $102,000. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Akamai Technologies

In related news, EVP Paul C. Joseph sold 4,000 shares of the company's stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $91.57, for a total transaction of $366,280.00. Following the completion of the sale, the executive vice president now directly owns 23,104 shares in the company, valued at $2,115,633.28. This represents a 14.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director William Raymond Wagner sold 1,000 shares of the stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $93.38, for a total value of $93,380.00. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,282 shares of company stock valued at $2,099,996. 1.80% of the stock is currently owned by corporate insiders.

About Akamai Technologies

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.