What is Zacks Research’s Forecast for AKAM FY2025 Earnings?

Akamai Technologies, Inc. (NASDAQ:AKAM) – Equities research analysts at Zacks Research decreased their FY2025 earnings per share estimates for shares of Akamai Technologies in a note issued to investors on Thursday, December 12th. Zacks Research analyst A. Chatterjee now expects that the technology infrastructure company will post earnings of $4.52 per share for the year, down from their previous estimate of $4.53. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.29 per share. Zacks Research also issued estimates for Akamai Technologies’ FY2026 earnings at $4.67 EPS.

A number of other research firms have also recently weighed in on AKAM. Oppenheimer upgraded shares of Akamai Technologies from a “market perform” rating to an “outperform” rating and set a $120.00 price target on the stock in a report on Monday, December 2nd. Scotiabank decreased their target price on shares of Akamai Technologies from $115.00 to $112.00 and set a “sector outperform” rating for the company in a research report on Friday, November 8th. Tigress Financial reaffirmed a “strong-buy” rating and issued a $140.00 price target on shares of Akamai Technologies in a report on Thursday, August 29th. HSBC raised Akamai Technologies from a “hold” rating to a “buy” rating and set a $121.00 price target on the stock in a research report on Monday, November 11th. Finally, Robert W. Baird lowered their price objective on Akamai Technologies from $120.00 to $115.00 and set an “outperform” rating for the company in a research report on Monday, November 11th. One analyst has rated the stock with a sell rating, five have issued a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $117.61.

Akamai Technologies Price Performance

Shares of AKAM stock opened at $99.24 on Friday. The company has a market cap of $14.91 billion, a P/E ratio of 29.36, a PEG ratio of 3.83 and a beta of 0.65. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.33 and a quick ratio of 1.33. The stock’s 50-day moving average is $98.19 and its 200 day moving average is $96.50. Akamai Technologies has a 1-year low of $84.70 and a 1-year high of $129.17.

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, Director William Raymond Wagner sold 1,000 shares of Akamai Technologies stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $93.38, for a total transaction of $93,380.00. Following the completion of the transaction, the director now owns 15,719 shares in the company, valued at approximately $1,467,840.22. This trade represents a 5.98 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CTO Robert Blumofe sold 2,500 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $88.61, for a total value of $221,525.00. Following the completion of the transaction, the chief technology officer now directly owns 19,510 shares of the company’s stock, valued at approximately $1,728,781.10. This trade represents a 11.36 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 7,500 shares of company stock worth $669,425. Company insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Akamai Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its stake in shares of Akamai Technologies by 85.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 247 shares of the technology infrastructure company’s stock valued at $25,000 after purchasing an additional 114 shares during the period. Innealta Capital LLC acquired a new position in shares of Akamai Technologies in the second quarter worth about $28,000. Family Firm Inc. acquired a new position in shares of Akamai Technologies in the second quarter worth about $35,000. Eastern Bank purchased a new stake in shares of Akamai Technologies during the 3rd quarter worth about $71,000. Finally, Covestor Ltd grew its position in shares of Akamai Technologies by 67.7% during the 3rd quarter. Covestor Ltd now owns 887 shares of the technology infrastructure company’s stock valued at $90,000 after acquiring an additional 358 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

Akamai Technologies Company Profile

Akamai Technologies, Inc provides cloud computing, security, and content delivery services 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.