Akamai Technologies, Inc. (AKAM)
NASDAQ: AKAM · Real-Time Price · USD
99.90
-1.58 (-1.56%)
Jan 31, 2025, 4:00 PM EST - Market closed
Akamai Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Akamai stock have an average target of 115.37, with a low estimate of 81 and a high estimate of 140. The average target predicts an increase of 15.49% from the current stock price of 99.90.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Akamai stock from 20 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Buy | 6 | 6 | 6 | 6 | 8 | 8 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 18 | 18 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $104 → $102 | Hold | Maintains | $104 → $102 | +2.10% | Jan 17, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $110 | Buy | Maintains | $110 | +10.11% | Dec 17, 2024 |
| Oppenheimer | Oppenheimer | Hold → Buy Upgrades $120 | Hold → Buy | Upgrades | $120 | +20.12% | Dec 2, 2024 |
| Baird | Baird | Buy Maintains $120 → $115 | Buy | Maintains | $120 → $115 | +15.12% | Nov 11, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $115 → $112 | Buy | Maintains | $115 → $112 | +12.11% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
4.07B
from 3.81B
Increased by 6.64%
Revenue Next Year
4.34B
from 4.07B
Increased by 6.86%
EPS This Year
6.46
from 3.52
Increased by 83.38%
EPS Next Year
6.96
from 6.46
Increased by 7.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 4.2B | 4.6B | 5.0B | |||
| Avg | 4.1B | 4.3B | 4.7B | |||
| Low | 3.9B | 4.1B | 4.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 10.6% | 12.0% | 15.0% | |||
| Avg | 6.6% | 6.9% | 8.0% | |||
| Low | 2.2% | 0.3% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 6.70 | 7.50 | 8.53 | |||
| Avg | 6.46 | 6.96 | 7.67 | |||
| Low | 6.16 | 6.43 | 6.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 90.3% | 16.1% | 22.5% | |||
| Avg | 83.4% | 7.8% | 10.2% | |||
| Low | 75.1% | -0.4% | -0.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.