Akamai Technologies, Inc. (AKAM)
NASDAQ: AKAM · Real-Time Price · USD
90.08
-0.99 (-1.09%)
Nov 12, 2024, 4:00 PM EST - Market closed

Akamai Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Akamai stock have an average target of 116.29, with a low estimate of 81 and a high estimate of 140. The average target predicts an increase of 29.10% from the current stock price of 90.08.

Analyst Consensus: Buy
Target Low Average Median High
Price $81 $116.29 $117 $140
Change -10.08% +29.10% +29.88% +55.42%

Analyst Ratings

The average analyst rating for Akamai stock from 18 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 456666
Buy 676666
Hold 665555
Sell 211111
Strong Sell 000000
Total 181918181818

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Baird
Baird
Buy
Maintains
$120$115
Buy Maintains $120$115 +27.66% Nov 11, 2024
Scotiabank
Scotiabank
Buy
Maintains
$115$112
Buy Maintains $115$112 +24.33% Nov 8, 2024
Tigress Financial
Tigress Financial
Strong Buy
Maintains
$140
Strong Buy Maintains $140 +55.42% Aug 29, 2024
RBC Capital
RBC Capital
Hold
Reiterates
$100
Hold Reiterates $100 +11.01% Aug 15, 2024
DA Davidson
DA Davidson
Strong Buy
Maintains
$115$120
Strong Buy Maintains $115$120 +33.21% Aug 13, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.07B
from 3.81B
Increased by 6.82%
Revenue Next Year
4.35B
from 4.07B
Increased by 6.83%
EPS This Year
6.55
from 3.52
Increased by 85.95%
EPS Next Year
6.92
from 6.55
Increased by 5.69%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
2.89B3.20B3.46B3.62B3.81B4.07B4.35B4.71B
Revenue Growth
6.60%10.52%8.23%4.49%5.40%6.82%6.83%8.30%
EPS
2.903.373.933.263.526.556.927.63
EPS Growth
64.77%16.21%16.62%-17.05%7.98%85.95%5.69%10.25%
Forward PE
-----13.7613.0211.81
No. Analysts -----252512
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 4.2B 4.6B 5.0B
Avg 4.1B 4.4B 4.7B
Low 3.9B 4.1B 4.4B

Revenue Growth

Revenue Growth 20242025202620272028
High
10.4%
12.9%
15.9%
Avg
6.8%
6.8%
8.3%
Low
2.1%
0.6%
0.4%

EPS Forecast

EPS 20242025202620272028
High 6.87 7.56 8.22
Avg 6.55 6.92 7.63
Low 6.20 5.61 6.62

EPS Growth

EPS Growth 20242025202620272028
High
95.1%
15.5%
18.8%
Avg
86.0%
5.7%
10.3%
Low
76.2%
-14.3%
-4.2%
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.