Akamai Technologies, Inc. provides cloud services for securing, delivering, and optimizing content and business applications over the internet in the United States and internationally. The company offers cloud and enterprise security solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance. It also provides web and mobile performance solutions to enable dynamic websites and applications; 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; and edge compute solutions to enable developers to deploy and distribute code at the edge. In addition, the company offers carrier offerings, including cyberthreat protection, parental controls, DNS infrastructure and content delivery solutions; and an array of service and support to assist customers with integrating, configuring, optimizing, and managing its offerings. It sells its solutions through direct sales and service organizations, as well as through various channel partners. Akamai Technologies, Inc. has a strategic partnership with Queue-It to deliver a cure for Covid vaccine registration. The company was founded in 1998 and is headquartered in Cambridge, Massachusetts.
IPO Year: 1999
Exchange: NASDAQ
Website: akamai.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/20/2025 | $116.00 → $100.00 | Outperform | Oppenheimer |
| 2/21/2025 | $90.00 | Buy → Hold | Craig Hallum |
| 2/21/2025 | $112.00 → $100.00 | Overweight → Neutral | Piper Sandler |
| 2/21/2025 | $125.00 → $98.00 | Buy → Hold | TD Cowen |
| 2/21/2025 | $125.00 → $100.00 | Buy → Neutral | BofA Securities |
| 12/16/2024 | $110.00 | Neutral | UBS |
| 12/2/2024 | $120.00 | Perform → Outperform | Oppenheimer |
| 11/11/2024 | $121.00 | Hold → Buy | HSBC Securities |
| 8/9/2024 | $110.00 → $125.00 | Hold → Buy | Craig Hallum |
| 7/29/2024 | $128.00 | Neutral → Buy | Guggenheim |
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4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
Oppenheimer resumed coverage of Akamai Tech with a rating of Outperform and set a new price target of $100.00 from $116.00 previously
Craig Hallum downgraded Akamai Tech from Buy to Hold and set a new price target of $90.00
Piper Sandler downgraded Akamai Tech from Overweight to Neutral and set a new price target of $100.00 from $112.00 previously
TD Cowen downgraded Akamai Tech from Buy to Hold and set a new price target of $98.00 from $125.00 previously
BofA Securities downgraded Akamai Tech from Buy to Neutral and set a new price target of $100.00 from $125.00 previously
UBS initiated coverage of Akamai Tech with a rating of Neutral and set a new price target of $110.00
Oppenheimer upgraded Akamai Tech from Perform to Outperform and set a new price target of $120.00
HSBC Securities upgraded Akamai Tech from Hold to Buy and set a new price target of $121.00
Craig Hallum upgraded Akamai Tech from Hold to Buy and set a new price target of $125.00 from $110.00 previously
Guggenheim upgraded Akamai Tech from Neutral to Buy and set a new price target of $128.00
First quarter revenue of $1.015 billion, up 3% year-over-year and up 4% when adjusted for foreign exchange* Security and cloud computing revenue represented 69% of total revenue in the first quarter and combined grew 10% year-over-year and 11% when adjusted for foreign exchange* GAAP net income per diluted share of $0.82, down 26% year-over-year and down 23% when adjusted for foreign exchange*, and non-GAAP net income per diluted share* of $1.70, up 4% year-over-year and up 6% when adjusted for foreign exchange* CAMBRIDGE, Mass., May 8, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today r
New strategic partnership combines FPT's consulting and systems integration expertise with compute capabilities of globally distributed Akamai Cloud CAMBRIDGE, Mass., May 7, 2025 /PRNewswire/ -- Akamai Technologies (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today announced a new partnership with global IT services leader FPT. As a newly appointed global systems integrator in the Akamai Partner Program, FPT will collaborate closely with Akamai to help customers build, deploy, and optimize distributed cloud applications on Akamai Cloud.
Collaboration to leverage Akamai's proven Tactical ICAM capabilities and P3M Works' UK government expertise to secure third-party access and supply chain operations LONDON, May 5, 2025 /PRNewswire/ -- Akamai Technologies (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, and P3M Works, a UK-based cyber resilience and transformation consultancy trusted across government and critical national infrastructure, today announced a strategic partnership to deliver zero trust identity, credential, and access management (ICAM) solutions for UK government and defense supply chains. The partnership will combine Akamai's proven zero trust security capab
Akamai's latest solutions use AI to strengthen security while also protecting businesses from AI-driven threats CAMBRIDGE, Mass., April 29, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today announced Firewall for AI, a new solution that provides multilayered protection for AI applications against unauthorized queries, adversarial inputs, and large-scale data-scraping attempts. As AI rapidly transforms industries, organizations are quickly deploying large language models (L
Certified partners can now deliver Day-2 Operations Services for Akamai API solutions and technical support for Akamai Guardicore Segmentation environments CAMBRIDGE, Mass., April 24, 2025 /PRNewswire/ -- Akamai Technologies (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today announced updates to its Security Certified Service Provider programs for API security solutions and for Akamai Guardicore Segmentation. Certified partners can now offer Day-2 Operations Services related to Akamai API security products and solutions, just as they do for Akamai Guardicore Segmentation. Additionally, they can provide Akamai Guardicore Segmentation t
Surge correlates with accelerated adoption of AI-powered applications CAMBRIDGE, Mass., April 22, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today released a new State of the Internet (SOTI) report that finds there were 311 billion web attacks in 2024, representing a 33% year-over-year increase. State of Apps and API Security 2025: How AI Is Shifting the Digital Terrain notes the surge in these attacks correlates to the rapid adoption of artificial intelligence (AI) applications, which expand attack surfaces and introduce new security challenges.
CAMBRIDGE, Mass., April 10, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers business online, announced today that the company will hold a conference call for investors on Thursday, May 8, 2025, at 4:30 p.m. ET. The call will include the company's first quarter 2025 financial results and may include forward-looking financial guidance from management. The call will also be broadcast live via the internet at Akamai's Investor Relations page. The live dial-in information for the conference call is: U.S. only:
Hybrid solution delivers consistent, scalable security for applications and APIs across multicloud, on-premises, and CDN-agnostic infrastructures CAMBRIDGE, Mass., April 9, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today introduced App & API Protector Hybrid. Users can now expand the critical web application firewall (WAF) capabilities of Akamai's web application and API protection (WAAP) while consistently securing applications and APIs for multicloud, on-premises, and CDN-agnostic environments.
CAMBRIDGE, Mass., April 2, 2025 /PRNewswire/ -- Akamai Technologies Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, announced today that Queue-it is the latest organization to join the Akamai Qualified Compute Partner Program as an Independent Software Vendor (ISV). Queue-it is the leading provider of virtual waiting room services, empowering organizations to control peak traffic and deliver reliable, fair, and transparent online experiences—no matter the demand. As an ISV in the Akamai Qualified Compute Partner Progr
Akamai picks up the hosting of kernel.org, bringing long-term stability to development and maintenance of the open source Linux operating system CAMBRIDGE, Mass., March 27, 2025 /PRNewswire/ -- Development work on the Linux kernel — the core software that underpins the open source Linux operating system — has a new infrastructure partner in Akamai (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online. The company's cloud computing service and content delivery network (CDN) will support kernel.org, the main distribution system for Linux kernel source code and the primary coordination vehicle for its global developer network.
First quarter revenue of $1.015 billion, up 3% year-over-year and up 4% when adjusted for foreign exchange* Security and cloud computing revenue represented 69% of total revenue in the first quarter and combined grew 10% year-over-year and 11% when adjusted for foreign exchange* GAAP net income per diluted share of $0.82, down 26% year-over-year and down 23% when adjusted for foreign exchange*, and non-GAAP net income per diluted share* of $1.70, up 4% year-over-year and up 6% when adjusted for foreign exchange* CAMBRIDGE, Mass., May 8, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today r
CAMBRIDGE, Mass., April 10, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers business online, announced today that the company will hold a conference call for investors on Thursday, May 8, 2025, at 4:30 p.m. ET. The call will include the company's first quarter 2025 financial results and may include forward-looking financial guidance from management. The call will also be broadcast live via the internet at Akamai's Investor Relations page. The live dial-in information for the conference call is: U.S. only:
Fourth quarter highlights Revenue of $1.020 billion, up 3% year-over-year and when adjusted for foreign exchange*Security and compute revenue represented 69% of total revenue in the fourth quarter and grew 16% year-over-year and 17% when adjusted for foreign exchange*GAAP net income per diluted share of $0.91, down 12% year-over-year and down 9% when adjusted for foreign exchange*, and non-GAAP net income per diluted shared* of $1.66, down 2% year-over-year and flat when adjusted for foreign exchange*Full-year highlights Revenue of $3.991 billion, up 5% year-over-year and when adjusted for foreign exchange*Security and compute revenue represented 67% of total revenue in 2024 and grew 18% yea
CAMBRIDGE, Mass., Jan. 6, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, announced today that the company will hold a conference call for investors on Thursday, February 20, 2025, at 4:30 p.m. ET. The call will include the company's fourth quarter and full-year 2024 financial results and may include forward-looking financial guidance from management. The call will also be broadcast live via the internet at Akamai's Investor Relations page. The live dial-in information for the
Third quarter revenue of $1.005 billion, up 4% year-over-year and when adjusted for foreign exchange* Security and compute revenue represented 68% of total revenue in the third quarter and combined grew 17% year-over-year and when adjusted for foreign exchange* CAMBRIDGE, Mass., Nov. 7, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today reported financial results for the third quarter ended September 30, 2024. "Akamai delivered another solid quarter, highlighted by continue
CAMBRIDGE, Mass., Oct. 1, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cloud company that powers and protects life online, announced today that the company will hold a conference call for investors on Thursday, November 7, 2024, at 4:30 p.m. ET. The call will include the company's third quarter 2024 financial results and may include forward-looking financial guidance from management. The call will also be broadcast live via the internet at Akamai's Investor Relations page. The live dial-in information for the conference call is: U.S. only: (833) 634-5020In
Second quarter revenue of $980 million, up 5% year-over-year and up 6% when adjusted for foreign exchange* Security and compute revenue represented 66% of total revenue in the second quarter and combined grew 17% year-over-year and 18% when adjusted for foreign exchange* GAAP net income per diluted share of $0.86, up 2% year-over-year and up 6% when adjusted for foreign exchange*, and non-GAAP net income per diluted share* of $1.58, up 6% year-over-year and up 9% when adjusted for foreign exchange* CAMBRIDGE, Mass., Aug. 8, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cloud company that powers and protects life online, today reported financial results for the second quar
CAMBRIDGE, Mass., July 10, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cloud company that powers and protects life online, announced today that the company will hold a conference call for investors on Thursday, August 8, 2024, at 4:30 p.m. ET. The call will include the company's second quarter 2024 financial results and may include forward-looking financial guidance from management. The call will also be broadcast live via the internet at Akamai's Investor Relations page. The live dial-in information for the conference call is: U.S. only: (833) 634-5020In
First quarter revenue of $987 million, up 8% year-over-year and when adjusted for foreign exchange* Security and compute revenue represented 64% of total revenue in the first quarter and combined grew 22% year-over-year and when adjusted for foreign exchange* GAAP net income per diluted share of $1.11, up 79% year-over-year and up 81% when adjusted for foreign exchange*, and non-GAAP net income per diluted share* of $1.64, up 17% year-over-year and up 18% when adjusted for foreign exchange* Board of directors authorizes a new, three-year, $2.0 billion share repurchase program CAMBRIDGE, Mass., May 9, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cloud company that powers
CAMBRIDGE, Mass., April 11, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cloud company that powers and protects life online, announced today that the company will hold a conference call for investors on Thursday, May 9, 2024, at 4:30 p.m. ET. The call will include the company's first quarter 2024 financial results and may include forward-looking financial guidance from management. The call will also be broadcast live via the internet at Akamai's Investor Relations page. The live dial-in information for the conference call is: U.S. only: (833) 634-5020Inter
New strategic partnership combines FPT's consulting and systems integration expertise with compute capabilities of globally distributed Akamai Cloud CAMBRIDGE, Mass., May 7, 2025 /PRNewswire/ -- Akamai Technologies (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today announced a new partnership with global IT services leader FPT. As a newly appointed global systems integrator in the Akamai Partner Program, FPT will collaborate closely with Akamai to help customers build, deploy, and optimize distributed cloud applications on Akamai Cloud.
CAMBRIDGE, Mass., April 2, 2025 /PRNewswire/ -- Akamai Technologies Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, announced today that Queue-it is the latest organization to join the Akamai Qualified Compute Partner Program as an Independent Software Vendor (ISV). Queue-it is the leading provider of virtual waiting room services, empowering organizations to control peak traffic and deliver reliable, fair, and transparent online experiences—no matter the demand. As an ISV in the Akamai Qualified Compute Partner Progr
CAMBRIDGE, Mass., Nov. 14, 2024 /PRNewswire/ -- Akamai Technologies Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, announced today that Avesha Technologies is the latest organization to join the Akamai Qualified Compute Partner Program as an Independent Software Vendor (ISV). Avesha Technologies is providing two distinct Kubernetes solutions–one for connectivity and one for autoscaling. As an ISV in the Akamai Qualified Compute Partner Program, Avesha Technologies brings a powerful solution to market, enabling seamle
CAMBRIDGE, Mass., Oct. 17, 2024 /PRNewswire/ -- Akamai Technologies Inc. (NASDAQ:AKAM), the cloud company that powers and protects life online, announced today that APIContext is the latest organization to join the Akamai Qualified Compute Partner Program as an Independent Software Vendor (ISV). APIContext is providing advanced API performance monitoring and compliance testing solutions. As an ISV in the Akamai Qualified Compute Partner Program, APIContext will empower enterprises to ensure continuous API performance with advanced synthetic testing by offering real-world, end-
CAMBRIDGE, Mass., July 23, 2024 /PRNewswire/ -- Akamai Technologies Inc. (NASDAQ:AKAM), the cloud company that powers and protects life online, announced today that Yospace is the latest organization to join the Akamai Qualified Compute Partner Program as an Independent Software Vendor (ISV). Yospace is providing world-leading server-side ad insertion (SSAI) for leading media companies across the globe. As an ISV in the Akamai Qualified Compute Partner Program, Yospace will provide media companies with the tools to improve their advertising businesses. An early pioneer of SSAI
CAMBRIDGE, Mass., May 16, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cloud company that powers and protects life online, announced today that EZDRM, Inc. is the latest organization to join the Akamai Qualified Compute Partner Program. EZDRM is offering an Akamai Connected Cloud–native configuration of its digital rights management as a service (DRMaaS) solution to operate in very close conjunction with edge encoders and packagers that help drive low-latency streaming services. As an Akamai Qualified Compute Partner, EZDRM will offer its robust, comprehen
Acquisition will enable Akamai to extend protection across all API traffic locations, no matter the business, integration, or deployment requirements CAMBRIDGE, Mass., May 7, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cloud company that powers and protects life online, announces that it has entered into a definitive agreement to acquire application programming interface (API) security company, Noname Security. Noname, one of the top API security vendors in the market, will enhance Akamai's existing API Security solution and accelerate its ability to meet growing customer demand and market requirements as the use of APIs continues to expand. Akamai also expects to gain
CAMBRIDGE, Mass., March 7, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cloud company that powers and protects life online, today announced a partnership with Scaleflex, the first visual experience platform to join the Akamai Qualified Computing Partner Program. Scaleflex and Akamai work together to help provide online brands with an end-to-end digital asset management solution that runs on Akamai Connected Cloud, a massively distributed edge and cloud platform that puts apps and experiences closer to users and keeps threats farther away. The partnership i
CAMBRIDGE, Mass., Nov. 15, 2023 /PRNewswire/ -- Akamai Technologies Inc. (NASDAQ:AKAM), the cloud company that powers and protects life online, today detailed capabilities from Hydrolix Inc. as part of the Akamai Qualified Computing Partner Program. Hydrolix offers TrafficPeak powered by Akamai, a managed observability platform that runs on Akamai Connected Cloud, the world's most distributed platform for cloud computing, security, and content delivery. TrafficPeak delivers real-time data visualization and long-term data retention to Akamai customers for a fraction of the cost
CAMBRIDGE, Mass., Sept. 26, 2023 /PRNewswire/ -- Akamai Technologies Inc. (NASDAQ:AKAM), the cloud company that powers and protects life online, announced today that Ateme is the latest organization to join the Akamai Qualified Computing Partner Program. Ateme is a global leader providing end-to-end video compression, delivery, and streaming solutions with innovation at its core. As an Akamai Qualified Computing Partner, Ateme offers Akamai customers end-to-end high-quality video-delivery solutions and greater choices in their digital transformation. The smooth, one-stop sourc