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 |
|---|---|---|---|
| 6/6/2025 | Underweight | KeyBanc Capital Markets | |
| 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 |
3 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
3 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
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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)
KeyBanc Capital Markets initiated coverage of Akamai Tech with a rating of Underweight
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
CAMBRIDGE, Mass., July 9, 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, August 7, 2025, at 4:30 p.m. ET. The call will include the company's second 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
Janaki Akella and Bas Burger bring extensive experience in global business transformation, innovation, AI, and go-to-market strategies CAMBRIDGE, Mass., July 8, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today announced additions to its Board of Directors. Effective immediately, Janaki Akella and Bas Burger have joined the Akamai Board, bringing extensive experience in technology leadership and global business transformation. As a technology leader, Janaki Akella brings
Customer feedback and industry awards increasingly validate security offerings CAMBRIDGE, Mass., June 25, 2025 /PRNewswire/ -- Akamai Technologies (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, announced new Akamai API Security enhancements designed to help customers stay ahead of evolving threats to APIs. The improvements come as Akamai's API security offering earns recognition through both prestigious industry awards and customer adoption. APIs power everything from mobile apps to online banking, but their growing use h
Under new agreement, Cloudinary will power Akamai Video Manager and join Akamai's Qualified Compute Partner Program CAMBRIDGE, Mass., June 11, 2025 /PRNewswire/ -- Akamai Technologies (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today announced a strategic partnership with Cloudinary under which its next-generation Video Manager solution will be powered by Cloudinary. The new alliance brings Cloudinary's AI-powered video solution to Akamai Video Manager customers to make video management and delivery easier by alleviating common video challenges, including performance optimization and time-intensive post-production work. Together they
Borovik, a Harvard Law graduate, brings 20+ years of legal leadership across AI, tech, and defense, including as Director of Legal Affairs at Microsoft and key legal architect behind defense AI leader Helsing's $5Bn scale-up. He brings deep expertise in global negotiations and IP strategy across commercial and defense sectors - working with customers such as NATO, the UN, and Ukrainian forces. Joins as Circus' first core defense executive to accelerate international growth and legal strategy following the CA-M launch as its first autonomous solution for the defense sector and the CA-1 serial production. Circus SE (XETRA: CA1), a global leader in AI software and robotics for the
Financial sector is the top industry for volumetric DDoS attacks; sophisticated, precision-targeted threats are growing RESTON, Va., June 10, 2025 /PRNewswire/ -- FS-ISAC, the member-driven, not-for-profit organization that advances cybersecurity and resilience in the global financial system, and Akamai Technologies, Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today released their joint annual report analyzing the strategic threat posed by the escalating number and sophistication of distributed denial-of-service (DDoS) attacks and their impact on customer trust, operations, and profitability in the financial services sector.
New solution provides unified, multicloud visibility and real-time monitoring to prevent DNS-based attacks CAMBRIDGE, Mass., June 3, 2025 /PRNewswire/ -- Akamai Technologies Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today introduced Akamai DNS Posture Management, an industry-first solution that offers unified, multicloud visibility over all DNS assets. The agentless solution provides real-time monitoring and guided remediation across all major DNS providers. Security teams can quickly detect and respond to DNS-based attacks, certificate security risks, vulnerabilities, and misconfigurations that weaken an organization's securi
CAMBRIDGE, Mass., May 14, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM) ("Akamai"), the cybersecurity and cloud computing company that powers and protects business online, today announced that it has priced its private offering of $1.5 billion in aggregate principal amount of convertible senior notes due 2033. The notes will be sold only to persons reasonably believed to be "qualified institutional buyers" pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In addition, Akamai has granted the initial purchasers of the notes an option to purchase up to an additional $225.0 million in aggregate principal amount of notes on the same terms an
CAMBRIDGE, Mass., May 13, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM) ("Akamai"), the cybersecurity and cloud computing company that powers and protects business online, today announced that it proposes to offer, subject to market factors and other conditions, $1.35 billion in aggregate principal amount of convertible senior notes due 2033. The notes are to be sold only to persons reasonably believed to be "qualified institutional buyers" pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In addition, Akamai will grant the initial purchasers of the notes an option to purchase up to an additional $202.5 million in aggregate principal am
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
Janaki Akella and Bas Burger bring extensive experience in global business transformation, innovation, AI, and go-to-market strategies CAMBRIDGE, Mass., July 8, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today announced additions to its Board of Directors. Effective immediately, Janaki Akella and Bas Burger have joined the Akamai Board, bringing extensive experience in technology leadership and global business transformation. As a technology leader, Janaki Akella brings
Under new agreement, Cloudinary will power Akamai Video Manager and join Akamai's Qualified Compute Partner Program CAMBRIDGE, Mass., June 11, 2025 /PRNewswire/ -- Akamai Technologies (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today announced a strategic partnership with Cloudinary under which its next-generation Video Manager solution will be powered by Cloudinary. The new alliance brings Cloudinary's AI-powered video solution to Akamai Video Manager customers to make video management and delivery easier by alleviating common video challenges, including performance optimization and time-intensive post-production work. Together they
Borovik, a Harvard Law graduate, brings 20+ years of legal leadership across AI, tech, and defense, including as Director of Legal Affairs at Microsoft and key legal architect behind defense AI leader Helsing's $5Bn scale-up. He brings deep expertise in global negotiations and IP strategy across commercial and defense sectors - working with customers such as NATO, the UN, and Ukrainian forces. Joins as Circus' first core defense executive to accelerate international growth and legal strategy following the CA-M launch as its first autonomous solution for the defense sector and the CA-1 serial production. Circus SE (XETRA: CA1), a global leader in AI software and robotics for the
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., July 9, 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, August 7, 2025, at 4:30 p.m. ET. The call will include the company's second 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
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
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