Zacks Research Issues Pessimistic Forecast for AKAM Earnings

Akamai Technologies, Inc. (NASDAQ:AKAM) – Zacks Research cut their Q3 2026 earnings per share estimates for shares of Akamai Technologies in a report issued on Monday, April 7th. Zacks Research analyst A. Chatterjee now forecasts that the technology infrastructure company will post earnings of $0.93 per share 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) last posted its quarterly earnings data on Thursday, February 20th. The technology infrastructure company reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.33). The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Akamai Technologies had a net margin of 12.65% and a return on equity of 14.35%.

Several other equities analysts have also recently issued reports on the company. Citigroup dropped their target price on Akamai Technologies from $102.00 to $95.00 and set a “neutral” rating on the stock in a research report on Monday, February 24th. TD Cowen cut Akamai Technologies from a “buy” rating to a “hold” rating and cut their price objective for the stock from $125.00 to $98.00 in a research report on Friday, February 21st. Evercore ISI restated an “outperform” rating and set a $110.00 target price on shares of Akamai Technologies in a research report on Tuesday, December 17th. Susquehanna cut their price target on shares of Akamai Technologies from $110.00 to $105.00 and set a “positive” rating for the company in a report on Friday, February 21st. Finally, Raymond James reduced their price objective on shares of Akamai Technologies from $115.00 to $110.00 and set an “outperform” rating for the company in a research note on Friday, February 21st. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $105.55.

Akamai Technologies Stock Down 3.8 %

Shares of NASDAQ:AKAM opened at $68.21 on Tuesday. The company has a market cap of $10.25 billion, a price-to-earnings ratio of 20.92, a PEG ratio of 2.74 and a beta of 0.80. Akamai Technologies has a fifty-two week low of $67.63 and a fifty-two week high of $107.60. The firm’s 50-day simple moving average is $86.24 and its 200-day simple moving average is $93.42. The company has a quick ratio of 1.33, a current ratio of 1.23 and a debt-to-equity ratio of 0.49.

Institutional Trading of Akamai Technologies

A number of hedge funds have recently added to or reduced their stakes in AKAM. Centiva Capital LP purchased a new stake in shares of Akamai Technologies during the 3rd quarter valued at $325,000. Royal London Asset Management Ltd. increased its stake in Akamai Technologies by 2.8% during the third quarter. Royal London Asset Management Ltd. now owns 61,863 shares of the technology infrastructure company’s stock worth $6,245,000 after acquiring an additional 1,705 shares during the last quarter. Quantinno Capital Management LP raised its holdings in shares of Akamai Technologies by 20.9% in the 3rd quarter. Quantinno Capital Management LP now owns 18,893 shares of the technology infrastructure company’s stock worth $1,907,000 after purchasing an additional 3,264 shares during the period. EP Wealth Advisors LLC lifted its stake in shares of Akamai Technologies by 26.2% in the 3rd quarter. EP Wealth Advisors LLC now owns 10,983 shares of the technology infrastructure company’s stock valued at $1,109,000 after purchasing an additional 2,278 shares in the last quarter. Finally, iA Global Asset Management Inc. grew its holdings in shares of Akamai Technologies by 12.2% during the 3rd quarter. iA Global Asset Management Inc. now owns 3,145 shares of the technology infrastructure company’s stock worth $317,000 after purchasing an additional 341 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Akamai Technologies

In other news, CEO F Thomson Leighton bought 37,670 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The shares were purchased at an average price of $79.58 per share, for a total transaction of $2,997,778.60. Following the completion of the transaction, the chief executive officer now owns 137,342 shares in the company, valued at $10,929,676.36. The trade was a 37.79 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Aaron Ahola sold 4,000 shares of the business’s stock in a transaction on Friday, March 14th. The shares were 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. This trade represents a 13.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 35,394 shares of company stock valued at $3,019,323 over the last quarter. Insiders own 1.80% of the company’s stock.

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.