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Akamai Technologies, Inc. (AKAM)

NASDAQ: AKAM · Delayed Price · USD
108.34
-0.21 (-0.19%)
After-hours:Oct 21, 2021 5:19 PM EDT
108.55
0.47 (0.43%)
At close: Oct 21, 4:00 PM
Market Cap17.66B
Revenue (ttm)3.33B
Net Income (ttm)584.19M
Shares Out163.07M
EPS (ttm)3.51
PE Ratio30.93
Forward PE17.70
Dividendn/a
Ex-Dividend Daten/a
Volume771,514
Open108.44
Previous Close108.08
Day's Range107.88 - 109.06
52-Week Range92.64 - 124.91
Beta0.47
AnalystsBuy
Price Target133.08 (+22.6%)
Est. Earnings DateNov 2, 2021

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 and enterprise security 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, includin...

IndustryIT Services
IPO DateOct 29, 1999
CEOF. Thomson Leighton
Employees8,275
Stock ExchangeNASDAQ
Ticker SymbolAKAM
Full Company Profile

Financial Performance

In 2020, AKAM's revenue was $3.20 billion, an increase of 10.52% compared to the previous year's $2.89 billion. Earnings were $557.05 million, an increase of 16.53%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for AKAM stock is "Buy." The 12-month stock price forecast is 133.08, which is an increase of 22.60% from the latest price.

Price Target
$133.08
(22.60% upside)
Analyst Consensus: Buy

News

Akamai Technologies Completes Acquisition of Guardicore to Extend Its Zero Trust Solutions to Help Stop Ransomware

CAMBRIDGE, Mass., Oct. 21, 2021 /PRNewswire/ -- Akamai Technologies, Inc.  (NASDAQ: AKAM), the world's most trusted solution to power and protect digital experiences, today announced the company has com...

12 hours ago - PRNewsWire

Akamai Technologies To Hold Third Quarter 2021 Investor Conference Call On Tuesday, November 2, at 4:30 PM ET

CAMBRIDGE, Mass., Oct. 12, 2021 /PRNewswire/ --  Akamai Technologies , Inc. (NASDAQ: AKAM), the world's most trusted solution to power and protect digital experiences, announced today that the company w...

1 week ago - PRNewsWire

What You Need to Know About Akamai's $600 Million Acquisition

The legacy content delivery network specialist is beefing up its cybersecurity portfolio.

2 weeks ago - The Motley Fool

KeyBanc Downgrades Akamai Technologies - Read Why

KeyBanc analyst Brandon Nispel downgraded Akamai Technologies Inc (NASDAQ: AKAM) to Sector Weight from Overweight without a price target following the company's acquisition of GuardiCore.  Dilution from...

2 weeks ago - Benzinga

Akamai Receives Highest Scores for Three Use Cases in Gartner® Critical Capabilities for Cloud Web Application and AP...

CAMBRIDGE, Mass., Sept. 30, 2021 /PRNewswire/ -- Akamai Technologies, Inc.  (NASDAQ: AKAM), the world's most trusted solution for protecting and delivering digital experiences, received the highest scor...

3 weeks ago - PRNewsWire

Akamai To Acquire Guardicore For $600M To Beat Ransomware

Akamai Technologies Inc (NASDAQ: AKAM) agreed to acquire Tel Aviv, Israel-based Guardicore for $600 million.  Guardicore's micro-segmentation solution into Akamai's extensive Zero Trust security portfol...

3 weeks ago - Benzinga

Akamai to Acquire Guardicore To Extend Its Zero Trust Solutions To Help Stop Ransomware

CAMBRIDGE, Mass., Sept. 29, 2021 /PRNewswire/ -- Akamai Technologies, Inc.  (NASDAQ: AKAM), the world's most trusted solution for protecting and delivering digital experiences, today announced it has en...

3 weeks ago - PRNewsWire

3 Stalling Tech Stocks to Sell

Rising interest rates have returned to spook tech stocks once more. Here are three picks that are looking primed for more downside.

Other symbols:AAPLQQQ
3 weeks ago - InvestorPlace

Down 3% Last Week, Is Akamai Stock A Buying Opportunity?

Akamai stock has dropped more than 3% over the past week and currently trades around $109 per share. Additionally, Akamai stock has risen just 3% since the start of the year.

3 weeks ago - Forbes

Akamai Recognized as a Leader in 2021 Gartner® Magic Quadrant™ for Web Application and API Protection; Furthest in Ab...

CAMBRIDGE, Mass., Sept. 22, 2021 /PRNewswire/ -- Akamai Technologies, Inc.  (NASDAQ: AKAM), the world's most trusted solution for protecting and delivering digital experiences, has been recognized by Ga...

4 weeks ago - PRNewsWire

Akamai launches new, on-demand learning platform for customers

CAMBRIDGE, Mass., Sept. 14, 2021 /PRNewswire/ --  Akamai Technologies, Inc. (NASDAQ: AKAM), the world's most trusted solution for protecting and delivering digital experiences, today announces the launc...

1 month ago - PRNewsWire

Why Is Akamai Technologies (AKAM) Up 0.9% Since Last Earnings Report?

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

1 month ago - Zacks Investment Research

Why Fastly and Cloudflare Shares Jumped Today (and Akamai Ticked Higher)

Could this new Apple feature benefit these three content delivery networks?

Other symbols:FSLYNET
1 month ago - The Motley Fool

10 Cybersecurity Stocks to Avoid and 1 to Buy

I want to go through my Portfolio Grader system and pinpoint 10 cybersecurity stocks that don't pass muster, but one makes the cut. The post 10 Cybersecurity Stocks to Avoid and 1 to Buy appeared first ...

1 month ago - InvestorPlace

Ignore Fastly -- Here Are 2 Better Stocks

Cloudflare and Akamai are better CDN plays than this struggling company.

Other symbols:NET
2 months ago - The Motley Fool

This Top Tech Stock Could Make You Richer

Cloudflare is capitalizing on digital transformation.

Other symbols:AMZNFSLYMSFTNET
2 months ago - The Motley Fool

After Shedding More Than 5% Last Week, Is Akamai Stock Set For A Comeback?

The stock price of ​Akamai Technologies reached its 52-week high of $125 in January 2021 before the recent sell-off. The stock fell a further 5% in the past week, to levels of around $112 currently.

2 months ago - Forbes

Akamai's (AKAM) Q2 Earnings and Revenues Beat Estimates

Akamai's (AKAM) Q2 results reflect continued growth in internet traffic and robust adoption of cloud security solutions amid increasing instances of cyberattacks.

2 months ago - Zacks Investment Research

Akamai Technologies (AKAM) Surpasses Q2 Earnings and Revenue Estimates

Akamai Technologies (AKAM) delivered earnings and revenue surprises of 2.16% and 0.86%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Akamai Technologies: Q2 Earnings Insights

Shares of Akamai Technologies (NASDAQ:AKAM) moved lower in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 2.90% year over year to $1.42, which beat...

2 months ago - Benzinga

Akamai Reports Second Quarter 2021 Financial Results

CAMBRIDGE, Mass. , Aug. 3, 2021 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the world's most trusted solution for protecting and delivering digital experiences, today reported financial re...

2 months ago - PRNewsWire

Tech Stocks' Earnings Line-Up on Aug 3: AKAM, PAYC & More

Here's a sneak peek of how these five technology stocks are placed prior to the respective earnings releases on Aug 3.

2 months ago - Zacks Investment Research

Factors to Note Ahead of Akamai's (AKAM) Q2 Earnings Release

Akamai's (AKAM) Q2 performance is likely to benefit from increasing internet traffic and robust uptake for its cloud security solutions amid rising instances of security breaches.

2 months ago - Zacks Investment Research

Akamai Technologies (AKAM) Reports Next Week: Wall Street Expects Earnings Growth

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.

2 months ago - Zacks Investment Research

Akamai Service Disruption Leads To Massive Outages Globally

Akamai Technologies Inc (NASDAQ: AKAM) tweeted regarding a service disruption that resulted in outages for many high-profile websites, including banks. The company has denied a cyberattack.

2 months ago - Benzinga