Zacks Research Has Negative Outlook for AKAM Q3 Earnings

Akamai Technologies, Inc. (NASDAQ:AKAM - Free Report) - Equities research analysts at Zacks Research decreased their Q3 2026 earnings per share (EPS) estimates for Akamai Technologies in a note issued to investors on Monday, April 7th. Zacks Research analyst A. Chatterjee now anticipates that the technology infrastructure company will post earnings per share of $0.93 for the quarter, down from their previous forecast of $0.94. The consensus estimate for Akamai Technologies' current full-year earnings is $4.60 per share. Zacks Research also issued estimates for Akamai Technologies' Q1 2027 earnings at $1.26 EPS.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last released its earnings results on Thursday, February 20th. The technology infrastructure company reported $1.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.52 by ($0.33). Akamai Technologies had a net margin of 12.65% and a return on equity of 14.35%. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.02 billion.

A number of other research analysts have also weighed in on AKAM. Evercore ISI reaffirmed an "outperform" rating and issued a $110.00 price objective on shares of Akamai Technologies in a research note on Tuesday, December 17th. TD Cowen cut Akamai Technologies from a "buy" rating to a "hold" rating and cut their target price for the company from $125.00 to $98.00 in a research report on Friday, February 21st. Bank of America lowered Akamai Technologies from a "buy" rating to a "neutral" rating and lowered their price target for the company from $125.00 to $100.00 in a research report on Friday, February 21st. Susquehanna reduced their target price on shares of Akamai Technologies from $110.00 to $105.00 and set a "positive" rating for the company in a research note on Friday, February 21st. Finally, Oppenheimer began coverage on shares of Akamai Technologies in a research report on Thursday, March 20th. They set an "outperform" rating and a $100.00 price target on the stock. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Akamai Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $105.55.

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Akamai Technologies Stock Up 2.1 %

Akamai Technologies stock traded up $1.49 during mid-day trading on Tuesday, reaching $74.05. The stock had a trading volume of 2,515,351 shares, compared to its average volume of 1,923,628. Akamai Technologies has a fifty-two week low of $67.51 and a fifty-two week high of $106.80. The stock's 50-day simple moving average is $84.24 and its 200-day simple moving average is $92.70. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.33 and a current ratio of 1.23. The firm has a market capitalization of $10.82 billion, a PE ratio of 22.71, a price-to-earnings-growth ratio of 2.74 and a beta of 0.80.

Institutional Trading of Akamai Technologies

A number of hedge funds have recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Akamai Technologies by 54.8% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 438 shares of the technology infrastructure company's stock valued at $35,000 after purchasing an additional 155 shares during the last quarter. Itau Unibanco Holding S.A. lifted its stake in shares of Akamai Technologies by 99.6% in the 4th quarter. Itau Unibanco Holding S.A. now owns 469 shares of the technology infrastructure company's stock valued at $45,000 after acquiring an additional 234 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in Akamai Technologies in the 4th quarter worth approximately $49,000. Bruce G. Allen Investments LLC lifted its position in 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 valued at $53,000 after purchasing an additional 155 shares during the last quarter. Finally, Wolverine Asset Management LLC bought a new position in shares of Akamai Technologies in the fourth quarter worth approximately $57,000. Institutional investors own 94.28% of the company's stock.

Insider Activity

In related news, EVP Mani Sundaram sold 10,683 shares of the company's stock in a transaction on Friday, March 7th. The shares were sold at an average price of $86.52, for a total value of $924,293.16. Following the completion of the transaction, the executive vice president now directly owns 23,988 shares in the company, valued at approximately $2,075,441.76. The trade was a 30.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Aaron Ahola sold 4,000 shares of the company's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $80.92, for a total value of $323,680.00. Following the completion of the transaction, the executive vice president now owns 25,211 shares of the company's stock, valued at $2,040,074.12. The trade was a 13.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 35,394 shares of company stock worth $3,019,323. 1.80% of the stock is currently owned by 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.