Zacks Research Brokers Decrease Earnings Estimates for AKAM

Akamai Technologies, Inc. (NASDAQ:AKAM) – Stock analysts at Zacks Research reduced their Q3 2026 earnings per share (EPS) estimates for shares of Akamai Technologies in a report issued on Monday, April 7th. Zacks Research analyst A. Chatterjee now forecasts that the technology infrastructure company will earn $0.93 per share for the quarter, down from their prior forecast of $0.94. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.60 per share. Zacks Research also issued estimates for Akamai Technologies’ Q1 2027 earnings at $1.26 EPS.

Several other research analysts have also issued reports on the company. Needham & Company LLC reaffirmed a “hold” rating on shares of Akamai Technologies in a research report on Friday, February 21st. JPMorgan Chase & Co. decreased their target price on Akamai Technologies from $76.00 to $72.00 and set an “underweight” rating for the company in a research note on Friday, February 21st. Oppenheimer began coverage on shares of Akamai Technologies in a research note on Thursday, March 20th. They issued an “outperform” rating and a $100.00 price target for the company. TD Cowen lowered Akamai Technologies from a “buy” rating to a “hold” rating and cut their price target for the stock from $125.00 to $98.00 in a report on Friday, February 21st. Finally, UBS Group began coverage on Akamai Technologies in a report on Monday, December 16th. They set a “neutral” rating and a $110.00 price objective for the company. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $105.55.

Akamai Technologies Price Performance

AKAM stock opened at $76.35 on Tuesday. The company has a market capitalization of $11.16 billion, a P/E ratio of 23.42, a PEG ratio of 2.74 and a beta of 0.80. The company has a fifty day moving average price of $85.27 and a 200-day moving average price of $93.13. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.33 and a current ratio of 1.23. Akamai Technologies has a 52-week low of $67.51 and a 52-week high of $107.12.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings data on Thursday, February 20th. The technology infrastructure company reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.33). Akamai Technologies had a net margin of 12.65% and a return on equity of 14.35%. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion.

Insider Activity at Akamai Technologies

In other news, EVP Mani Sundaram sold 10,683 shares of Akamai Technologies stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $86.52, for a total transaction of $924,293.16. Following the sale, the executive vice president now owns 23,988 shares of the company’s stock, valued at approximately $2,075,441.76. The trade was a 30.81 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Paul C. Joseph sold 4,000 shares of Akamai Technologies stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $91.57, for a total value of $366,280.00. Following the sale, the executive vice president now directly owns 23,104 shares in the company, valued at approximately $2,115,633.28. The trade was a 14.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 35,394 shares of company stock worth $3,019,323 in the last three months. 1.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Akamai Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of AKAM. Czech National Bank increased its holdings in Akamai Technologies by 5.9% in the 1st quarter. Czech National Bank now owns 34,504 shares of the technology infrastructure company’s stock worth $2,778,000 after buying an additional 1,931 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Akamai Technologies by 11.1% during the 1st quarter. Rhumbline Advisers now owns 307,343 shares of the technology infrastructure company’s stock valued at $24,741,000 after acquiring an additional 30,638 shares during the last quarter. Cascade Investment Advisors Inc. grew its stake in shares of Akamai Technologies by 74.6% in the first quarter. Cascade Investment Advisors Inc. now owns 15,092 shares of the technology infrastructure company’s stock worth $1,215,000 after acquiring an additional 6,447 shares during the period. IVC Wealth Advisors LLC lifted its position in Akamai Technologies by 17.3% during the first quarter. IVC Wealth Advisors LLC now owns 4,240 shares of the technology infrastructure company’s stock valued at $341,000 after purchasing an additional 625 shares during the period. Finally, GAMMA Investing LLC raised its stake in Akamai Technologies by 5,951.4% during the 1st quarter. GAMMA Investing LLC now owns 253,978 shares of the technology infrastructure company’s stock valued at $20,445,000 after buying an additional 249,781 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

About Akamai Technologies

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.