Date | Price Target | Rating | Analyst |
---|---|---|---|
8/9/2024 | $110.00 → $125.00 | Hold → Buy | Craig Hallum |
7/29/2024 | $128.00 | Neutral → Buy | Guggenheim |
7/24/2024 | $96.00 | Reduce → Hold | HSBC Securities |
7/8/2024 | $110.00 | Sector Outperform | Scotiabank |
3/7/2024 | $128.00 → $135.00 | Neutral → Outperform | Robert W. Baird |
2/15/2024 | $109.00 → $96.00 | Hold → Reduce | HSBC Securities |
12/15/2023 | $150.00 | Positive | Susquehanna |
10/26/2023 | Sell → Neutral | Guggenheim |
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
HSBC Securities upgraded Akamai Tech from Reduce to Hold and set a new price target of $96.00
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
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
Continues longstanding commitment to developing and advancing standards and organizations critical to web and internet operations AMSTERDAM, Sept. 13, 2024 /PRNewswire/ -- Akamai (NASDAQ:AKAM), the cloud company that powers and protects life online, announced today that it has joined the Streaming Video Technology Alliance (SVTA) as a Principal Member. The announcement follows the formal merger of DASH Industry Forum (DASH-IF) and the SVTA. Akamai has a well-established philosophy of contributing to, championing, and – when necessary – forming standards bodies that help define
The distributed cloud provider tackles pent-up frustration over control, competition, and cost challenges of today's centralized cloud models AMSTERDAM, Sept. 13, 2024 /PRNewswire/ -- Akamai (NASDAQ:AKAM), the cloud company that powers and protects life online, today introduced new video workflow capabilities at IBC that give media companies greater choice and control across every part of the video delivery chain. The new capabilities aggregate Akamai's cloud and delivery platforms with the company's growing partner network to give customers unprecedented flexibility to tailor media experiences to meet customer demands.
Report states: "We're living in the golden age of microsegmentation" CAMBRIDGE, Mass., Aug. 28, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cloud company that powers and protects life online, today announced it was named a Leader in The Forrester Wave™: Microsegmentation Solutions, Q3 2024 report. Forrester evaluated 11 total vendors in the microsegmentation space based on 23 criteria grouped by current offering, strategy, and market presence. Akamai received the highest scores possible in flow and asset discovery, policy management, ZTNA integration, incident response, pricing flexibility and transparency, supporting services and offerings, revenue, and number of custo
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
SC 13G/A - AKAMAI TECHNOLOGIES INC (0001086222) (Subject)
SC 13G/A - AKAMAI TECHNOLOGIES INC (0001086222) (Subject)
SC 13G/A - AKAMAI TECHNOLOGIES INC (0001086222) (Subject)
Throughout the last three months, 13 analysts have evaluated Akamai Techs (NASDAQ:AKAM), offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 7 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 2 0 0 0 2M Ago 0 0 0 0 0 3M Ago 2 5 3 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $114.08, a high estimate of $135.00, and a low estimate of $92.00. This current average represents a 12.74%
HSBC analyst Stephen Bersey upgrades Akamai Techs (NASDAQ:AKAM) from Reduce to Hold and announces $96 price target.
Piper Sandler analyst James Fish maintains Akamai Techs (NASDAQ:AKAM) with a Overweight and lowers the price target from $114 to $112.
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
10-Q - AKAMAI TECHNOLOGIES INC (0001086222) (Filer)
S-8 - AKAMAI TECHNOLOGIES INC (0001086222) (Filer)
8-K - AKAMAI TECHNOLOGIES INC (0001086222) (Filer)