Limelight Networks, Inc. provides content delivery and related services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates private networks that deliver Websites, mobile applications, videos, music, software, games, and APIs; offers live and on-demand video delivery services; and provides online video platforms that help organizations manage, publish, syndicate, analyze, and monetize video contents. It also offers edge cloud services; cloud security services that provide defense against malicious apps, Website attacks, and unauthorized content access; and cloud storage services. In addition, the company provides professional services; and other infrastructure services, such as transit and rack space services. It serves media companies operating in the television, music, radio, newspaper, magazine, movie, gaming, software, and social media industries, as well as technology companies and other entities conducting businesses online. The company was founded in 2001 and is headquartered in Scottsdale, Arizona.
IPO Year: 2007
Exchange: NASDAQ
Website: limelight.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/17/2022 | $4.00 → $6.00 | Market Perform → Outperform | Cowen |
| 3/11/2022 | $5.00 → $8.00 | Strong Buy | Raymond James |
| 3/8/2022 | $5.00 → $6.50 | Market Perform → Outperform | Northland Capital |
| 1/18/2022 | $3.00 → $7.00 | Hold → Buy | Truist Securities |
| 12/20/2021 | $5.00 | Mkt Perform → Strong Buy | Raymond James |
| 12/20/2021 | Market Perform → Strong Buy | Raymond James | |
| 10/15/2021 | $3.50 → $4.00 | Hold → Buy | Craig-Hallum |
| 8/10/2021 | Mkt Perform | Raymond James | |
| 8/3/2021 | $2.50 → $2.25 | Sell | Goldman Sachs |
| 7/6/2021 | $3.00 → $2.50 | Neutral → Sell | Goldman Sachs |