Akamai Technologies (NASDAQ:AKAM – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 6.000-6.400 for the period, compared to the consensus earnings per share estimate of 6.820. The company issued revenue guidance of $4.0 billion-$4.2 billion, compared to the consensus revenue estimate of $4.3 billion. Akamai Technologies also updated its Q1 2025 guidance to 1.540-1.590 EPS.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on AKAM. Robert W. Baird lowered their price objective on Akamai Technologies from $120.00 to $115.00 and set an “outperform” rating on the stock in a research note on Monday, November 11th. Needham & Company LLC restated a “hold” rating on shares of Akamai Technologies in a research report on Friday. Susquehanna reduced their target price on Akamai Technologies from $110.00 to $105.00 and set a “positive” rating on the stock in a research report on Friday. Craig Hallum downgraded Akamai Technologies from a “buy” rating to a “hold” rating and set a $90.00 target price on the stock. in a research report on Friday. Finally, Hsbc Global Res upgraded Akamai Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Akamai Technologies has an average rating of “Moderate Buy” and a consensus target price of $107.90.
View Our Latest Analysis on Akamai Technologies
Akamai Technologies Price Performance
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The technology infrastructure company reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.52 by ($0.33). Akamai Technologies had a return on equity of 14.63% and a net margin of 13.27%. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Analysts forecast that Akamai Technologies will post 4.28 EPS for the current fiscal year.
Insider Transactions at Akamai Technologies
In other news, EVP Paul C. Joseph sold 4,000 shares of the company’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $91.57, for a total transaction of $366,280.00. Following the completion of the transaction, the executive vice president now directly owns 23,104 shares of the company’s stock, valued at approximately $2,115,633.28. This represents a 14.76 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Edward J. Mcgowan sold 10,782 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $98.71, for a total value of $1,064,291.22. Following the transaction, the chief financial officer now directly owns 12,716 shares of the company’s stock, valued at approximately $1,255,196.36. This represents a 45.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,782 shares of company stock valued at $1,523,951. 1.80% of the stock is currently owned by corporate insiders.
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.
Read More
- Five stocks we like better than Akamai Technologies
- What is the Australian Securities Exchange (ASX)
- Gilead Sciences: 4 Reasons This Stock Has Much More To Rise
- Comparing and Trading High PE Ratio Stocks
- MarketBeat Week in Review – 02/17 – 02/21
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- SolarEdge: A Surprising Bright Spot in a Troubled Solar Industry?
Receive News & Ratings for Akamai Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Akamai Technologies and related companies with MarketBeat.com's FREE daily email newsletter.