Akamai Technologies, Inc. (AKAM)
| Market Cap | 17.66B |
| Revenue (ttm) | 3.33B |
| Net Income (ttm) | 584.19M |
| Shares Out | 163.07M |
| EPS (ttm) | 3.51 |
| PE Ratio | 30.93 |
| Forward PE | 17.70 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 771,514 |
| Open | 108.44 |
| Previous Close | 108.08 |
| Day's Range | 107.88 - 109.06 |
| 52-Week Range | 92.64 - 124.91 |
| Beta | 0.47 |
| Analysts | Buy |
| Price Target | 133.08 (+22.6%) |
| Est. Earnings Date | Nov 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...
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 StatementsAnalyst 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.
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...
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...
What You Need to Know About Akamai's $600 Million Acquisition
The legacy content delivery network specialist is beefing up its cybersecurity portfolio.
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...
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...
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...
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 Stalling Tech Stocks to Sell
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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.
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...
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...
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?
Why Fastly and Cloudflare Shares Jumped Today (and Akamai Ticked Higher)
Could this new Apple feature benefit these three content delivery networks?
10 Cybersecurity Stocks to Avoid and 1 to Buy
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Cloudflare and Akamai are better CDN plays than this struggling company.
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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.
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.
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?
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...
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...
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.
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.
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.