Akamai Technologies Inc (AKAM)

NASDAQ
Currency in USD
82.41
+0.35(+0.43%)
Closed
After Hours
82.10-0.31(-0.38%)
AKAM Scorecard
Full Analysis
Management has been aggressively buying back shares
Fair Value
Day's Range
81.4483.07
52 wk Range
75.50110.18
Key Statistics
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Prev. Close
82.06
Open
82.46
Day's Range
81.44-83.07
52 wk Range
75.5-110.18
Volume
1.02M
Average Volume (3m)
2.56M
1-Year Change
-23.93%
Book Value / Share
32.47
Fair Value
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Fair Value Upside
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AKAM Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
106.65
Upside
+29.41%
Members' Sentiments
Bearish
Bullish
ProTips
15 analysts have revised their earnings downwards for the upcoming period
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Akamai Technologies Inc Company Profile

Akamai Technologies, Inc. engages in the provision of security, delivery, and cloud computing solutions in the United States and internationally. The company offers security solutions that include web application and application programming interfaces (API) protection solutions, which protect web, API, and mobile app traffic from attacks; Bot & Abuse portfolio, which provides solutions to help customers protect against threats; Akamai Account Protector, which offers full account lifecycle protections including the ability to defend against account takeover and opening abuse, adversarial bot protection, protection against credential stuffing, inventory scalping, and hoarding; Akamai Content Protector, which provides solutions designed to stop persistent scrapers from stealing content; API security, which discovers, audits, and monitors API; and microservice and application component protection that analyzes and protects application traffic that moves between application components. It also offers cloud computing services, which include compute, storage, networking, database, and container management services; and Akamai App Platform, provides ready-to-run templates that address challenges in deploying, managing and scaling Kubernetes clusters at scale. In addition, the company offers delivery solutions that include web and mobile performance solutions, which enables dynamic websites and applications, as well as global traffic management, site acceleration, application load balancing, large-scale load testing, and real-user monitoring; and media delivery solutions, including video streaming and video player services, game and software delivery, broadcast operations, authoritative domain name system, resolution, and data and analytics. Akamai Technologies, Inc. was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.

Employees
10700

Akamai Technologies Inc SWOT Analysis


CDN Market Leade
Akamai navigates industry shifts as a key player in content delivery, IT security, and cloud computing, adapting to evolving tech landscapes and competitive pressures.
Financial Resilience
Explore Akamai's solid financial performance with $3.97B revenue and 59.7% gross profit margin, despite high P/E ratio relative to near-term earnings growth.
Strategic Expansion
Delve into Akamai's strategic moves, including the Edgio acquisition and focus on edge computing, positioning the company for growth in AI-driven applications.
Future Prospects
Analyst projections show mid-to-high single-digit revenue growth, with price targets ranging from $100 to $120, reflecting varied views on Akamai's market potential.
Read full SWOT analysis

Akamai Technologies Inc Earnings Call Summary for Q3/2024

  • Q3 revenue hit $1.005B, up 4% YoY; security revenue reached $519M, up 14%; compute revenue grew 28% to $167M
  • Workforce reduced by 2.5% to reallocate resources for cloud and security investment; focus shift to cybersecurity and cloud computing
  • Q4 revenue projected between $995M-$1.020B; full-year forecast indicates 4-5% growth to $3.966B-$3.991B
  • Security growth expected at 15-17% in constant currency for 2024; non-GAAP operating margin maintained at ~29%
  • Strong customer interest in security solutions; capitalizing on market consolidations to stabilize pricing and gain market share
Last Updated: 09/11/2024, 07:46 am
Read Full Transcript

Compare AKAM to Peers and Sector

Metrics to compare
AKAM
Peers
Sector
Relationship
P/E Ratio
24.4x60.5x11.6x
PEG Ratio
−3.44−0.720.01
Price/Book
2.5x5.1x2.4x
Price / LTM Sales
3.1x6.0x2.1x
Upside (Analyst Target)
27.4%21.2%26.9%
Fair Value Upside
Unlock−1.9%5.4%Unlock

Analyst Ratings

15 Buy
8 Hold
1 Sell
Ratings:
24 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 106.65
(+29.41% Upside)

Earnings

Latest Release
Feb 20, 2025
EPS / Forecast
1.66 / 1.52
Revenue / Forecast
1.02B / 1.01B
EPS Revisions
Last 90 days

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FAQ

What Is the Akamai (AKAM) Stock Price Today?

The Akamai stock price today is 82.41

What Stock Exchange Does Akamai Trade On?

Akamai is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Akamai?

The stock symbol for Akamai is "AKAM."

What Is the Akamai Market Cap?

As of today, Akamai market cap is 12.42B.

What is Akamai Earnings Per Share?

The Akamai EPS is 3.34.

What Is the Next Akamai Earnings Date?

Akamai will release its next earnings report on 05 May 2025.

From a Technical Analysis Perspective, Is AKAM a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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