Akamai Technologies (NASDAQ:AKAM) Stock Rating Lowered by Wall Street Zen

Akamai Technologies (NASDAQ:AKAM) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Several other brokerages have also commented on AKAM. Weiss Ratings reissued a “hold (c)” rating on shares of Akamai Technologies in a report on Monday, September 21st. HSBC downgraded shares of Akamai Technologies from a “buy” rating to a “hold” rating and lowered their target price for the company from $171.00 to $123.00 in a research note on Monday, August 10th. Guggenheim lifted their target price on shares of Akamai Technologies from $190.00 to $225.00 and gave the company a “buy” rating in a research report on Friday. UBS Group boosted their price target on shares of Akamai Technologies from $143.00 to $148.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Susquehanna decreased their price target on shares of Akamai Technologies from $175.00 to $140.00 and set a “positive” rating on the stock in a report on Monday, August 10th. Thirteen equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $149.29.

Akamai Technologies Stock Performance

Shares of AKAM stock opened at $113.94 on Friday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64. Akamai Technologies has a 52-week low of $70.82 and a 52-week high of $165.45. The company has a market capitalization of $16.38 billion, a PE ratio of 40.99, a price-to-earnings-growth ratio of 5.28 and a beta of 0.63. The business’s fifty day moving average is $112.98 and its 200 day moving average is $118.84.

Akamai Technologies (NASDAQ:AKAM) last posted its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.57 by $0.02. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The firm’s revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.73 earnings per share. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. On average, equities research analysts anticipate that Akamai Technologies will post 3.63 EPS for the current fiscal year.

Insider Activity at Akamai Technologies

In related news, EVP Paul Joseph sold 3,100 shares of the stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $105.63, for a total transaction of $327,453.00. Following the transaction, the executive vice president owned 28,472 shares of the company’s stock, valued at approximately $3,007,497.36. This trade represents a 9.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.30% of the company’s stock.

Institutional Trading of Akamai Technologies

Institutional investors have recently added to or reduced their stakes in the business. Sarver Vrooman Wealth Advisors bought a new position in shares of Akamai Technologies during the fourth quarter valued at about $31,000. Root Financial Partners LLC lifted its stake in shares of Akamai Technologies by 45.8% in the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after acquiring an additional 110 shares during the last quarter. Silvant Capital Management LLC purchased a new stake in Akamai Technologies during the 2nd quarter valued at about $32,000. Cedar Mountain Advisors LLC bought a new position in Akamai Technologies during the 1st quarter worth approximately $47,000. Finally, Persistent Asset Partners Ltd purchased a new position in Akamai Technologies in the 2nd quarter worth approximately $54,000. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Akamai Technologies News Roundup

Here are the key news stories impacting Akamai Technologies this week:

• Positive Sentiment: Landmark Anthropic agreement: Anthropic committed to spend $11.6 billion over seven years on Akamai Cloud infrastructure to support growing CPU workloads. The relationship could expand by another $9 billion, creating a potential total commitment of approximately $20 billion. The contract provides significant long-term revenue visibility and strengthens Akamai’s position in the AI-cloud market. Anthropic to pay Akamai $11.6 billion over seven years in cloud deal
• Positive Sentiment: AI growth narrative: Investors are repricing Akamai from primarily a content-delivery and cybersecurity company toward a meaningful AI infrastructure provider. Reports also cited major enterprise agreements involving Lenovo and Jabil as additional support for the outlook. 3 Reasons Why AKAM Stock Is Up Today
• Positive Sentiment: Analyst optimism: Piper Sandler reaffirmed an Overweight rating and raised its price target to $158 from $125. DA Davidson maintained a Buy rating with a $185 target, while JPMorgan raised its target to $167, despite keeping a Neutral rating. Why Is Akamai Technologies Stock Surging Friday?

About Akamai Technologies

Akamai Technologies, Inc is a global technology company that provides cloud computing, content delivery and cybersecurity services. Its distributed platform helps businesses deliver websites, applications, software downloads, video and other digital content with improved speed, availability and scalability.

The company’s offerings include content delivery and edge computing services, cloud infrastructure, web and application performance solutions, and security products designed to protect applications, application programming interfaces, networks and users from cyber threats.