Akamai Technologies, Inc. (AKAM)
NASDAQ: AKAM · Real-Time Price · USD
87.96
+0.60 (0.69%)
At close: Nov 20, 2024, 4:00 PM
88.17
+0.21 (0.24%)
After-hours: Nov 20, 2024, 4:45 PM EST
Akamai Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Akamai stock have an average target of 116.29, with a low estimate of 81 and a high estimate of 140. The average target predicts an increase of 32.21% from the current stock price of 87.96.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Akamai stock from 18 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 6 | 6 | 6 | 6 |
| Buy | 6 | 7 | 6 | 6 | 6 | 6 |
| Hold | 6 | 6 | 5 | 5 | 5 | 5 |
| Sell | 2 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 19 | 18 | 18 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $120 → $115 | Buy | Maintains | $120 → $115 | +30.74% | Nov 11, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $115 → $112 | Buy | Maintains | $115 → $112 | +27.33% | Nov 8, 2024 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $140 | Strong Buy | Maintains | $140 | +59.16% | Aug 29, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $100 | Hold | Reiterates | $100 | +13.69% | Aug 15, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $115 → $120 | Strong Buy | Maintains | $115 → $120 | +36.43% | Aug 13, 2024 |
Financial Forecast
Revenue This Year
4.07B
from 3.81B
Increased by 6.82%
Revenue Next Year
4.35B
from 4.07B
Increased by 6.83%
EPS This Year
6.55
from 3.52
Increased by 85.95%
EPS Next Year
6.92
from 6.55
Increased by 5.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.2B | 4.6B | 5.0B | ||
| Avg | 4.1B | 4.4B | 4.7B | ||
| Low | 3.9B | 4.1B | 4.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.4% | 12.9% | 15.9% | ||
| Avg | 6.8% | 6.8% | 8.3% | ||
| Low | 2.1% | 0.6% | 0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.87 | 7.56 | 8.22 | ||
| Avg | 6.55 | 6.92 | 7.63 | ||
| Low | 6.20 | 5.61 | 6.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 95.1% | 15.5% | 18.8% | ||
| Avg | 86.0% | 5.7% | 10.3% | ||
| Low | 76.2% | -14.3% | -4.2% |
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.