Akamai Technologies, Inc. (AKAM)
Market Cap | 12.08B |
Revenue (ttm) | 3.99B |
Net Income (ttm) | 504.92M |
Shares Out | 150.23M |
EPS (ttm) | 3.27 |
PE Ratio | 24.60 |
Forward PE | 12.86 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 10,830,748 |
Open | 100.34 |
Previous Close | 98.03 |
Day's Range | 80.24 - 89.89 |
52-Week Range | 80.24 - 113.36 |
Beta | 0.65 |
Analysts | Buy |
Price Target | 110.84 (+37.81%) |
Earnings Date | Feb 20, 2025 |
About 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, br... [Read more]
Financial Performance
In 2024, Akamai's revenue was $3.99 billion, an increase of 4.70% compared to the previous year's $3.81 billion. Earnings were $504.92 million, a decrease of -7.80%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for AKAM stock is "Buy." The 12-month stock price forecast is $110.84, which is an increase of 37.81% from the latest price.
News
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Akamai Technologies, Inc. (AKAM) Q4 2024 Earnings Call Transcript
Akamai Technologies, Inc. (NASDAQ:AKAM) Q4 2024 Earnings Conference Call February 20, 2025 4:30 PM ET Company Participants Mark Stoutenberg - Head of Investor Relations Tom Leighton - Chief Executive...
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Akamai Technologies forecasts 2025 revenue below estimates on sluggish demand
Akamai Technologies forecast annual 2025 revenue below estimates on Thursday, owing to sluggish demand for its cloud and content delivery services.
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Akamai selected as strategic cloud computing provider by one of the world's largest technology companies, with a multi-year commitment to spend over $100M on cloud infrastructure services
CAMBRIDGE, Mass. , Feb. 20, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, today announced it ha...
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AKAMAI REPORTS FOURTH QUARTER 2024 AND FULL-YEAR 2024 FINANCIAL RESULTS
Fourth quarter highlights Revenue of $1.020 billion, up 3% year-over-year and when adjusted for foreign exchange* Security and compute revenue represented 69% of total revenue in the fourth quarter an...
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Akamai Unveils Defenders' Guide 2025 to Empower Cybersecurity Teams
New report features novel research and insights to help security professionals outsmart and outmaneuver cybercriminals CAMBRIDGE, Mass. , Feb. 11, 2025 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKA...
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Akamai Earns Prestigious Accolades: Named to the 2025 JUST 100 Rankings, the Dow Jones Sustainability Index for 11th Consecutive Year, and the FTSE4Good for 10th Consecutive Year
The recognitions reflect Akamai's commitment to ethical leadership, sustainability, and long-term stakeholder value CAMBRIDGE, Mass. , Feb. 4, 2025 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKAM), ...
Cybersecurity's Outlook & TikTok's "Double-Edged Sword"
With Donald Trump officially in office, Dr. Chris Pierson expects to see less oversight on cybersecurity in the private sector and instead place a greater emphasis in Federal agencies. Mike Marcotte a...
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Akamai Technologies To Hold Fourth Quarter and Full-Year 2024 Investor Conference Call On Thursday, February 20, at 4:30 PM ET
CAMBRIDGE, Mass. , Jan. 6, 2025 /PRNewswire/ -- Akamai Technologies , Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, announced today that...
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Recent Accolades Validate Akamai's API Security Solution
Akamai is recognized by top industry influencers CAMBRIDGE, Mass. , Dec. 18, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cyber security and cloud computing company that protect...
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Akamai Completes Acquisition of Select Assets of Edgio
CAMBRIDGE, Mass. , Dec. 13, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers business online, today announced it has completed i...
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Akamai Guardicore Segmentation Delivered 152% Return on Investment According to New Total Economic Impact Study
CAMBRIDGE, Mass. , Dec. 9, 2024 /PRNewswire/ -- Akamai Technologies , Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today released a new study showing Akamai Guardicore ...
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Bankruptcy Court Approves Winning Akamai Bid for Select Assets of Edgio
CAMBRIDGE, Mass. , Nov. 26, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, announced that the U....
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Akamai Extends Microsegmentation to Amazon Web Services; Enhances ZTNA for Optimal Application Performance
Akamai continues to demonstrate its commitment to helping customers achieve their Zero Trust goals CAMBRIDGE, Mass. , Nov. 19, 2024 /PRNewswire/ -- Akamai Technologies , Inc. (NASDAQ: AKAM), the cyber...
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Akamai Announces Winning Bid for Select Assets of Edgio
CAMBRIDGE, Mass. , Nov. 15, 2024 /PRNewswire/ -- Akamai (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, today announced it is the winning bidder...
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Akamai Technologies Q3: Interesting Enough To Put On My Watchlist
Akamai Technologies' Q3 earnings showed mixed results, with revenue up 3.6% y/y but a significant GAAP operating margin drop due to restructuring charges. The company's outlook is weak with lowered fu...
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Avesha Technologies Joins Akamai Qualified Compute Partner Program
CAMBRIDGE, Mass. , Nov. 14, 2024 /PRNewswire/ -- Akamai Technologies Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, announced today that A...
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New Study Finds 84% of Security Professionals Experienced an API Security Incident in the Past Year
Only 27% of respondents know which APIs return the sensitive data that attackers seek CAMBRIDGE, Mass. , Nov. 13, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company tha...
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Akamai Launches Cloud-Agnostic, Ready-to-Run Application Platform
Solves three of the biggest challenges for greater Kubernetes adoption: skills, scale, and lock-in CAMBRIDGE, Mass. , Nov. 12, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cybers...
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Buy, Sell, Or Hold Akamai Stock?
Akamai stock tumbled 14% in Friday's trading following its Q3 earnings report, which largely met expectations but raised concerns with a weaker Q4 guidance. Moreover, the continued decline in the comp...
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Akamai Technologies, Inc. (AKAM) Q3 2024 Earnings Call Transcript
Akamai Technologies, Inc. (NASDAQ:AKAM) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Mark Stoutenberg - Head of IR Tom Leighton - CEO Ed McGowan - CFO Conference ...
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Akamai forecasts fourth-quarter revenue below estimates on weak client spending
Akamai Technologies forecast fourth-quarter revenue below estimates on Thursday, expecting a pullback in spending on its cloud and content delivery services by clients grappling with an uncertain macr...
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AKAMAI REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS
Third quarter revenue of $1.005 billion, up 4% year-over-year and when adjusted for foreign exchange* Security and compute revenue represented 68% of total revenue in the third quarter and combined ...
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Akamai Account Protector Adds New Capabilities to Power the Fight Against Fraud and Abuse
New real-time capabilities provide businesses with granular control and security across entire user account lifecycle CAMBRIDGE, Mass. , Oct. 29, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASD...
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APIContext Joins Akamai Qualified Compute Partner Program
CAMBRIDGE, Mass. , Oct. 17, 2024 /PRNewswire/ -- Akamai Technologies Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announced today that APIContext is the latest organiza...
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Akamai Adds Behavioral DDoS Engine to App & API Protector
New solution leverages machine learning and global intelligence to enhance robust detection and mitigation capabilities against application-layer DDoS attacks CAMBRIDGE, Mass. , Oct. 16, 2024 /PRNewsw...