Akamai Tech upgraded by Oppenheimer with a new price target

$AKAM
Business Services
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Recent Analyst Ratings for
$AKAM

DatePrice TargetRatingAnalyst
3/20/2025$116.00 → $100.00Outperform
Oppenheimer
2/21/2025$90.00Buy → Hold
Craig Hallum
2/21/2025$112.00 → $100.00Overweight → Neutral
Piper Sandler
2/21/2025$125.00 → $98.00Buy → Hold
TD Cowen
2/21/2025$125.00 → $100.00Buy → Neutral
BofA Securities
12/16/2024$110.00Neutral
UBS
12/2/2024$120.00Perform → Outperform
Oppenheimer
11/11/2024$121.00Hold → Buy
HSBC Securities
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$AKAM
Press Releases

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  • Akamai Delivers Infrastructure Support to Ensure Uninterrupted Linux Kernel Development

    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.

    $AKAM
    Business Services
    Consumer Discretionary
  • Akamai First to Offer VPUs in the Cloud

    Akamai launches new category of cloud-based compute powered by NETINT video processing units CAMBRIDGE, Mass., March 27, 2025 /PRNewswire/ -- Akamai (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today launched Akamai Cloud Accelerated Compute Instances, a new compute category built on specialized computer chips designed to perform specific tasks more efficiently than general-purpose processors. The new instances are powered by NETINT video processing units (VPUs), NETINT's proprietary hardware for media transcoding. Akamai is the first and only cloud provider to offer VPUs in the cloud.

    $AKAM
    Business Services
    Consumer Discretionary
  • Akamai Sharpens Its AI Edge with Launch of Akamai Cloud Inference

    New service gives companies the ability to realize a 3x improvement in throughput, 60% less latency, and 86% lower cost than traditional hyperscale infrastructure CAMBRIDGE, Mass., March 27, 2025 /PRNewswire/ -- Akamai (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers and protects business online, today unveiled Akamai Cloud Inference, to usher in a faster, more efficient wave of innovation for organizations looking to turn predictive and large language models (LLMs) into real-world action. Akamai Cloud Inference runs on Akamai Cloud, the world's most distributed platform, to address escalating limitations of centralized cloud models.

    $AKAM
    Business Services
    Consumer Discretionary

$AKAM
Analyst Ratings

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$AKAM
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

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$AKAM
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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SEC Filings

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$AKAM
Leadership Updates

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  • Avesha Technologies Joins Akamai Qualified Compute Partner Program

    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

    $AKAM
    Business Services
    Consumer Discretionary
  • APIContext Joins Akamai Qualified Compute Partner Program

    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-

    $AKAM
    Business Services
    Consumer Discretionary
  • Yospace Joins Akamai Qualified Compute Partner Program

    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

    $AKAM
    Business Services
    Consumer Discretionary

$AKAM
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  • AKAMAI REPORTS FOURTH QUARTER 2024 AND FULL-YEAR 2024 FINANCIAL RESULTS

    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

    $AKAM
    Business Services
    Consumer Discretionary
  • Akamai Technologies To Hold Fourth Quarter and Full-Year 2024 Investor Conference Call On Thursday, February 20, at 4:30 PM ET

    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

    $AKAM
    Business Services
    Consumer Discretionary
  • AKAMAI REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS

    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

    $AKAM
    Business Services
    Consumer Discretionary

$AKAM
Large Ownership Changes

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