Q3 EPS Forecast for Akamai Technologies Reduced by Analyst

Akamai Technologies, Inc. (NASDAQ:AKAMFree Report) – Research analysts at Zacks Research dropped their Q3 2025 earnings per share estimates for shares of Akamai Technologies in a research note issued to investors on Thursday, March 13th. Zacks Research analyst A. Chatterjee now forecasts that the technology infrastructure company will post earnings of $0.98 per share for the quarter, down from their prior estimate of $1.09. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.60 per share.

Other equities research analysts have also recently issued research reports about the company. UBS Group initiated coverage on Akamai Technologies in a report on Monday, December 16th. They issued a “neutral” rating and a $110.00 price objective for the company. Raymond James lowered their target price on Akamai Technologies from $115.00 to $110.00 and set an “outperform” rating for the company in a research note on Friday, February 21st. JPMorgan Chase & Co. lowered 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. Scotiabank lowered their target price on Akamai Technologies from $115.00 to $107.00 and set a “sector outperform” rating for the company in a research note on Friday, February 21st. Finally, Bank of America cut Akamai Technologies from a “buy” rating to a “neutral” rating and lowered their target price for the company from $125.00 to $100.00 in a research note on Friday, February 21st. One 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’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $107.55.

Read Our Latest Report on AKAM

Akamai Technologies Trading Up 2.6 %

NASDAQ AKAM opened at $82.79 on Monday. Akamai Technologies has a fifty-two week low of $75.50 and a fifty-two week high of $110.18. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.33 and a current ratio of 1.23. The stock has a 50 day simple moving average of $91.41 and a two-hundred day simple moving average of $95.75. The stock has a market cap of $12.44 billion, a P/E ratio of 25.40, a price-to-earnings-growth ratio of 2.74 and a beta of 0.68.

Akamai Technologies (NASDAQ:AKAMGet Free Report) last released its quarterly earnings results on Thursday, February 20th. The technology infrastructure company reported $1.19 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 for the quarter, compared to the consensus estimate of $1.02 billion.

Institutional Trading of Akamai Technologies

Several large investors have recently modified their holdings of AKAM. Itau Unibanco Holding S.A. grew its holdings in shares of Akamai Technologies by 99.6% in the fourth quarter. Itau Unibanco Holding S.A. now owns 469 shares of the technology infrastructure company’s stock worth $45,000 after acquiring an additional 234 shares during the period. SBI Securities Co. Ltd. purchased a new position in Akamai Technologies during the fourth quarter valued at $49,000. Bruce G. Allen Investments LLC lifted its position in Akamai Technologies by 38.8% during the fourth quarter. Bruce G. Allen Investments LLC now owns 554 shares of the technology infrastructure company’s stock valued at $53,000 after purchasing an additional 155 shares in the last quarter. Wolverine Asset Management LLC purchased a new position in Akamai Technologies during the fourth quarter valued at $57,000. Finally, LRI Investments LLC lifted its position in Akamai Technologies by 500.0% during the fourth quarter. LRI Investments LLC now owns 624 shares of the technology infrastructure company’s stock valued at $60,000 after purchasing an additional 520 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Edward J. Mcgowan sold 4,652 shares of Akamai Technologies stock in a transaction on Monday, March 10th. The stock was sold at an average price of $86.48, for a total value of $402,304.96. Following the completion of the sale, the chief financial officer now owns 34,510 shares of the company’s stock, valued at $2,984,424.80. The trade was a 11.88 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Aaron Ahola sold 4,000 shares of Akamai Technologies stock in a transaction on Friday, March 14th. The stock was sold at an average price of $80.92, for a total value of $323,680.00. Following the completion of the sale, the executive vice president now directly owns 25,211 shares of the company’s stock, valued at $2,040,074.12. The trade was a 13.69 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 35,394 shares of company stock valued at $3,019,323. Corporate insiders own 1.80% of the company’s stock.

Akamai Technologies Company Profile

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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.

See Also

Earnings History and Estimates for Akamai Technologies (NASDAQ:AKAM)

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