Akamai Technologies, Inc. (AKAM)

Market Cap	13.21B
Revenue (ttm)	3.97B
Net Income (ttm)	526.18M
Shares Out	150.23M
EPS (ttm)	3.38
PE Ratio	26.02
Forward PE	13.48
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,516,474
Open	87.09
Previous Close	87.36
Day's Range	86.58 - 88.17
52-Week Range	84.70 - 129.17
Beta	0.68
Analysts	Buy
Price Target	116.29 (+32.21%)
Earnings Date	Nov 7, 2024

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...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Oct 29, 1999
• Employees: 10,250
• Stock Exchange: NASDAQ
• Ticker Symbol: AKAM
• Website: https://www.akamai.com

Financial Performance

In 2023, Akamai's revenue was $3.81 billion, an increase of 5.40% compared to the previous year's $3.62 billion. Earnings were $547.63 million, an increase of 4.57%.

Analyst Forecast

According to 18 analysts, the average rating for AKAM stock is "Buy." The 12-month stock price forecast is $116.29, which is an increase of 32.21% from the latest price.

Price Target

$116.29

(32.21% upside)

Analyst Consensus: Buy