Akamai Technologies, Inc. (AKAM)
NASDAQ: AKAM · Real-Time Price · USD
95.89
+1.31 (1.39%)
At close: Dec 20, 2024, 4:00 PM
95.86
-0.03 (-0.03%)
After-hours: Dec 20, 2024, 4:18 PM EST
Akamai Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Akamai stock have an average target of 115.79, with a low estimate of 81 and a high estimate of 140. The average target predicts an increase of 20.75% from the current stock price of 95.89.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Akamai stock from 20 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 6 | 6 | 6 |
| Buy | 7 | 6 | 6 | 6 | 6 | 8 |
| Hold | 6 | 5 | 5 | 5 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 18 | 18 | 18 | 18 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $110 | Buy | Maintains | $110 | +14.71% | Dec 17, 2024 |
| Oppenheimer | Oppenheimer | Hold → Buy Upgrades $120 | Hold → Buy | Upgrades | $120 | +25.14% | Dec 2, 2024 |
| Baird | Baird | Buy Maintains $120 → $115 | Buy | Maintains | $120 → $115 | +19.93% | Nov 11, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $115 → $112 | Buy | Maintains | $115 → $112 | +16.80% | Nov 8, 2024 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $140 | Strong Buy | Maintains | $140 | +46.00% | Aug 29, 2024 |
Financial Forecast
Revenue This Year
4.06B
from 3.81B
Increased by 6.59%
Revenue Next Year
4.32B
from 4.06B
Increased by 6.40%
EPS This Year
6.47
from 3.52
Increased by 83.91%
EPS Next Year
6.91
from 6.47
Increased by 6.77%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 4.2B | 4.6B | 5.0B | |||
| Avg | 4.1B | 4.3B | 4.7B | |||
| Low | 3.9B | 4.1B | 4.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 10.6% | 12.0% | 15.5% | |||
| Avg | 6.6% | 6.4% | 8.6% | |||
| Low | 2.0% | 0.3% | 1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 6.70 | 7.50 | 8.53 | |||
| Avg | 6.47 | 6.91 | 7.66 | |||
| Low | 6.17 | 6.40 | 6.86 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 90.3% | 15.8% | 23.4% | |||
| Avg | 83.9% | 6.8% | 10.8% | |||
| Low | 75.4% | -1.1% | -0.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.