Akamai Technologies, Inc. (AKAM)

NASDAQ: AKAM · Real-Time Price · USD
80.43
-17.60 (-17.95%)
Feb 21, 2025, 12:13 PM EST - Market open
-17.95%
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]

Sector Technology
IPO Date Oct 29, 1999
Employees 10,250
Stock Exchange NASDAQ
Ticker Symbol AKAM
Full Company Profile

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 Statements

Analyst 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.

Price Target
$110.84
(37.81% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

14 hours ago - Seeking Alpha

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.

19 hours ago - Reuters

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...

20 hours ago - PRNewsWire

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...

20 hours ago - PRNewsWire

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...

10 days ago - PRNewsWire

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), ...

17 days ago - PRNewsWire

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...

4 weeks ago - Schwab Network

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...

6 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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....

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - Seeking Alpha

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - Forbes

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 ...

3 months ago - Seeking Alpha

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...

3 months ago - Reuters

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 ...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire