Akamai Technologies, Inc. (AKAM)

NASDAQ: AKAM · IEX Real-Time Price · USD
95.95
+2.27 (2.42%)
At close: Aug 12, 2022 4:00 PM
95.03
-0.92 (-0.96%)
After-hours: Aug 12, 2022 6:26 PM EDT
2.42%
Market Cap 15.25B
Revenue (ttm) 3.57B
Net Income (ttm) 578.15M
Shares Out 158.96M
EPS (ttm) 3.76
PE Ratio 25.52
Forward PE 17.39
Dividend n/a
Ex-Dividend Date n/a
Volume 1,214,391
Open 94.25
Previous Close 93.68
Day's Range 94.14 - 96.20
52-Week Range 85.90 - 123.25
Beta 0.65
Analysts Buy
Price Target 122.32 (+27.5%)
Earnings Date Aug 9, 2022

About AKAM

Akamai Technologies, Inc. provides cloud services for securing, delivering, and optimizing content and business applications over the internet 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 vi... [Read more...]

Industry IT Services
IPO Date Oct 29, 1999
CEO F. Thomson Leighton
Employees 9,270
Stock Exchange NASDAQ
Ticker Symbol AKAM
Full Company Profile

Financial Performance

In 2021, AKAM's revenue was $3.46 billion, an increase of 8.23% compared to the previous year's $3.20 billion. Earnings were $651.64 million, an increase of 16.98%.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for AKAM stock is "Buy." The 12-month stock price forecast is 122.32, which is an increase of 27.48% from the latest price.

Price Target
$122.32
(27.48% upside)
Analyst Consensus: Buy
Stock Forecasts

News

We're shifting investment focus towards security, says Akamai co-founder and CEO

Tom Leighton, Akamai co-founder and CEO, joins 'TechCheck' to discuss the company's quarterly earnings, insight into where the company is spending its money and what it does to their relationship to dat...

Akamai (AKAM) Beats Q2 Earnings Estimates on Higher Revenues

Growth in the Security and Compute businesses enables Akamai (AKAM) to record healthy revenues and surpass second-quarter 2022 earnings estimates.

Akamai Technologies (AKAM) Beats Q2 Earnings and Revenue Estimates

Akamai Technologies (AKAM) delivered earnings and revenue surprises of 3.05% and 0.66%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Akamai Earnings Top Estimates, But Its Core Content Delivery Business Softens

The company's its core content delivery business had revenue of $417 million in the second quarter, down 11%.

Cloud company Akamai Technologies reports a second-quarter earnings beat

Yahoo Finance tech editor Dan Howley breaks down Akamai's second-quarter earnings reults.

Akamai Earnings Top Views As Computer Security Misses Estimates

Akamai reported second-quarter earnings that topped Wall Street targets. AKAM stock wavered as computer security revenue fell short of views.

AKAMAI REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS

Second quarter revenue of  $903 million, up 6% year-over-year and up 9% when adjusted for foreign exchange* Security and compute revenue represented the majority of total revenue in the second quarter a...

Akamai Research Shows Attacks On Gaming Companies Have More Than Doubled Over Past Year

State of the Internet report shows gaming companies and gamer accounts at risk, following a surge in web application attacks post pandemic CAMBRIDGE, Mass. , Aug. 4, 2022 /PRNewswire/ -- Akamai Technolo...

Akamai: Web application attacks are up against gamers by 167%

The fine folks over at Akamai have released a threat assessment which shows cyber attacks in the games industry have almost doubled. Yikes!

Will Modest Top-Line Growth Buoy Akamai (AKAM) Q2 Earnings?

Akamai (AKAM) is expected to have recorded year-over-year higher revenues, driven by growth in its security business.

Earnings Preview: Akamai Technologies (AKAM) Q2 Earnings Expected to Decline

Akamai Technologies (AKAM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Akamai (AKAM) Stock Pops on Takeover Speculation

Today's news that there may be a private equity bidder for Akamai Technologies has sent shares of AKAM stock rocketing higher. The post Akamai (AKAM) Stock Pops on Takeover Speculation appeared first on...

Akamai Technologies To Hold Second Quarter 2022 Investor Conference Call On Tuesday, August 9, at 4:30 PM ET

CAMBRIDGE, Mass. , July 14, 2022 /PRNewswire/ --  Akamai Technologies , Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announced today that the company will hold a conferen...

7 Cybersecurity Stocks to Buy and Hold for the Long Haul

Continued demand for cybersecurity makes these seven stocks solid options to buy and hold in anticipation of better days to come. The post 7 Cybersecurity Stocks to Buy and Hold for the Long Haul appear...

Other symbols: CRWDFTNTMSFTOKTAPANWZS

7 Butchered Tech Stocks to Buy and Hold

Tech stocks have faced significant challenges so far in the first half of the year, but these seven names can bring solid returns. The post 7 Butchered Tech Stocks to Buy and Hold appeared first on Inve...

Other symbols: APPEAMPWROPENOTEXTREE

Akamai Awards $1M in Products and Services to Future of Life Online Challenge Winner Bloomfield Robotics

Plant sciences artificial intelligence startup sets sights on solving global food production challenges by scaling agtech platform with Akamai edge computing and security capabilities CAMBRIDGE, Mass. ,...

Akamai (AKAM) Boosts Cybersecurity With Malware Protection

The edge-based solution from Akamai (AKAM) will detect and block malware at the edge and prevent it from reaching the targeted destination, thereby thwarting damage from spreading.

Akamai Reveals New Research on Top Three Internet Security Threats

Reports Offer In-Depth Insights on Ransomware, Web Applications and APIs, and DNS Traffic CAMBRIDGE, Mass. , June 7, 2022 /PRNewswire/ --  Akamai Technologies, Inc.  (NASDAQ: AKAM), the cloud company th...

Akamai Launches New Malware Protection for Uploaded Files

Edge-based solution detects and blocks malicious files uploaded to web apps and APIs CAMBRIDGE, Mass. , June 6, 2022 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powe...

Why Is Akamai Technologies (AKAM) Down 1.6% Since Last Earnings Report?

Akamai Technologies (AKAM) reported earnings 30 days ago. What's next for the stock?

After Shedding 17% Last Month, Akamai Stock Looks Set To Turn Things Around

If you look at the change over the last ten days, too, the stock has lost 14%, underperforming the broader markets strongly.

Akamai Technologies To Host 2022 Analyst Day On Wednesday, May 18, at 8:30 a.m. ET in New York City

CAMBRIDGE, Mass. , May 10, 2022 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, will hold an in-person Analyst Day in New York City on W...

Why Is Akamai (AKAM) Stock Plunging 10% Today?

AKAM stock is in the red following first-quarter earnings. Specifically, weak guidance for Q2 seems to be bringing shares down.

Akamai (AKAM) Misses on Q1 Earnings Despite Higher Revenues

Akamai (AKAM) misses first-quarter 2022 earnings estimates on adverse tax impact.

Akamai Falls Sharply After Disappointing Earnings

The cybersecurity and computing company earned $119 million, or 73 cents-a-share, in the quarter.