NASDAQ:AKAM Akamai Technologies (AKAM) Stock Price, News & Analysis $102.11 +0.41 (+0.40%) (As of 08/21/2024 ET) Add Compare Share Share Today's Range$100.45▼$102.3850-Day Range$88.25▼$102.1152-Week Range$87.59▼$129.17Volume1.83 million shsAverage Volume1.70 million shsMarket Capitalization$15.55 billionP/E Ratio25.40Dividend YieldN/APrice Target$116.00 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/Downside13.6% Upside$116.00 Price TargetShort InterestHealthy4.76% of Float Sold ShortDividend StrengthN/ASustainability-1.04Upright™ Environmental ScoreNews Sentiment0.76Based on 15 Articles This WeekInsider TradingSelling Shares$610,285 Sold Last QuarterProj. Earnings Growth6.16%From $4.38 to $4.65 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.4.61 out of 5 starsComputer And Technology Sector79th out of 594 stocksBusiness Services, Not Elsewhere Classified Industry15th out of 88 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 10 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 4.0 Short Interest Percentage of Shares Shorted4.76% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Akamai Technologies has recently decreased by 1.80%, indicating that investor sentiment is improving. 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 3.8 News and Social Media Coverage News SentimentAkamai Technologies has a news sentiment score of 0.76. 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 0.41 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Akamai Technologies this week, compared to 10 articles on an average week.Search Interest25 people have searched for AKAM on MarketBeat in the last 30 days. This is an increase of 47% compared to the previous 30 days.MarketBeat Follows14 people have added Akamai Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 250% 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 $610,285.00 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 6.16% in the coming year, from $4.38 to $4.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Akamai Technologies is 25.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Akamai Technologies is 25.40, 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 284.16.Price to Earnings Growth RatioAkamai Technologies has a PEG Ratio of 4.57. 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 3.35. 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 DTIAir Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.You need to check out the full story right here. 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 17, 2024 | insidertrades.comAkamai Technologies, Inc. (NASDAQ:AKAM) CTO Sells $251,725.00 in StockAugust 6, 2024 | marketbeat.comCloudflare Stock Flares Up on Solid EPS Beat and Raised Guidance (AKAM)Content delivery network (CDN) service provider Cloudflare, Inc. (NYSE: NET) reported a solid Q2 2024 earnings report, resulting in a 6% gain the following day.August 22, 2024 | DTI (Ad)Air Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.August 20 at 1:13 PM | markets.businessinsider.comCraig-Hallum Gives a Buy Rating to Akamai (AKAM)August 18, 2024 | americanbankingnews.comRobert Blumofe Sells 2,500 Shares of Akamai Technologies, Inc. (NASDAQ:AKAM) StockAugust 18, 2024 | americanbankingnews.comAkamai Technologies (NASDAQ:AKAM) Given Sector Perform Rating at Royal Bank of CanadaAugust 16, 2024 | benzinga.comA Closer Look at Akamai Techs's Options Market DynamicsAugust 16, 2024 | finance.yahoo.comInsider Sale: Robert Blumofe Sells 2,500 Shares of Akamai Technologies Inc (AKAM)August 22, 2024 | DTI (Ad)Air Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.August 15, 2024 | markets.businessinsider.comRBC Capital Reaffirms Their Hold Rating on Akamai (AKAM)August 13, 2024 | americanbankingnews.comAkamai Technologies (NASDAQ:AKAM) Given New $131.00 Price Target at TD CowenAugust 12, 2024 | investopedia.comWatch These Akamai Stock Price Levels After Post-Earnings SurgeAugust 12, 2024 | americanbankingnews.comAkamai Technologies (NASDAQ:AKAM) Price Target Raised to $100.00August 12, 2024 | americanbankingnews.comAkamai Technologies (NASDAQ:AKAM) Earns Hold Rating from Needham & Company LLCAugust 12, 2024 | americanbankingnews.comDA Davidson Reiterates "Buy" Rating for Akamai Technologies (NASDAQ:AKAM)August 12, 2024 | americanbankingnews.comResearch Analysts Set Expectations for Akamai Technologies, Inc.'s Q3 2024 Earnings (NASDAQ:AKAM)August 12, 2024 | americanbankingnews.comAkamai Technologies (NASDAQ:AKAM) Price Target Raised to $115.00August 11, 2024 | msn.comAkamai rises after Q2 beat, Craig-Hallum upgrades on organic growth acceleration in 2025See 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 Earnings8/08/2024Today8/22/2024Next 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$116.00 High Stock Price Target$135.00 Low Stock Price Target$81.00 Potential Upside/Downside+13.6%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage19 Analysts Profitability EPS (Most Recent Fiscal Year)$4.02 Trailing P/E Ratio25.40 Forward P/E Ratio23.31 P/E Growth4.57Net Income$547.63 million Net Margins16.12% Pretax Margin18.38% Return on Equity15.02% Return on Assets7.10% Debt Debt-to-Equity Ratio0.76 Current Ratio3.25 Quick Ratio3.25 Sales & Book Value Annual Sales$3.93 billion Price / Sales3.96 Cash Flow$8.98 per share Price / Cash Flow11.37 Book Value$30.48 per share Price / Book3.35Miscellaneous Outstanding Shares152,317,000Free Float149,575,000Market Cap$15.55 billion OptionableOptionable Beta0.67 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.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 & InstitutionsEP 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%Disciplined Growth Investors Inc. MNBought 14,347 shares on 8/16/2024Ownership: 0.926%Creative PlanningBought 980 shares on 8/16/2024Ownership: 0.070%Robert BlumofeSold 2,500 sharesTotal: $251,725.00 ($100.69/share)View All Insider TransactionsView All Institutional Transactions Should I Buy Akamai Technologies Stock? AKAM Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Akamai Technologies, Inc.: Akamai Technologies provides cloud computing, security, and content delivery services, which are in high demand in today's digital world. The company offers solutions to protect infrastructure, websites, applications, APIs, and users from cyberattacks, ensuring data security. Akamai Technologies has a strong track record of innovation and staying ahead of technological advancements in the industry. Recent developments have shown an increase in market share and revenue growth for Akamai Technologies. The current stock price of Akamai Technologies is stable and has shown positive growth over the past year. Cons Investors should be bearish about investing in Akamai Technologies, Inc. for these reasons: While Akamai Technologies has shown growth, competition in the cloud computing and security industry is fierce, which could impact future profitability. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, August 7, 2024. Please send any questions or comments about these Akamai Technologies pros and cons to contact@marketbeat.com. AKAM Stock Analysis - Frequently Asked Questions How have AKAM shares performed this year? Akamai Technologies' stock was trading at $118.35 on January 1st, 2024. Since then, AKAM stock has decreased by 13.7% and is now trading at $102.11. View the best growth stocks for 2024 here. How were Akamai Technologies' earnings last quarter? Akamai Technologies, Inc. (NASDAQ:AKAM) issued its quarterly earnings data on Thursday, August, 8th. The technology infrastructure company reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.05. The business'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 authorized a stock buyback plan on Thursday, May 9th 2024, which authorizes the company to repurchase $2,000,000,000 in shares, according to EventVestor. This means that the company could purchase up to 13.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's management believes its shares are 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? The following companies are subsidiaries of Akamai Technologies: Linode, GuardiCore, Inverse, Asavie Technologies, ChameleonX, krypt.co, Exceda, and more. Who are Akamai Technologies' major shareholders? Akamai Technologies' top institutional shareholders 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, Edward J Mcgowan, William Raymond Wagner, 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 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredAir Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could becom...DTI | SponsoredUS developing “superweapon” to defeat China and Russia?Our new superweapon is a gift to every patriot. 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