Scotiabank initiated coverage on Akamai Tech with a new price target
$AKAM
Business Services
Consumer Discretionary
Scotiabank initiated coverage of Akamai Tech with a rating of Sector Outperform and set a new price target of $110.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 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 |
10-Q - AKAMAI TECHNOLOGIES INC (0001086222) (Filer)
8-K - AKAMAI TECHNOLOGIES INC (0001086222) (Filer)
10-Q - AKAMAI TECHNOLOGIES INC (0001086222) (Filer)
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
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
Akamai is recognized by top industry influencers CAMBRIDGE, Mass., Dec. 18, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cyber security and cloud computing company that protects business online, today announced that its API Security solution has been recognized as a market leader by several independent outlets. Three industry awards and a leading position in a top analyst report validate Akamai's commitment to providing the best products to combat the increasing threat of breaches resulting from API vulnerabilities. Akamai was most recently named winner of
CAMBRIDGE, Mass., Dec. 13, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cybersecurity and cloud computing company that powers business online, today announced it has completed its acquisition of select assets from Edgio, including certain customer contracts from Edgio's businesses in content delivery and security, and non-exclusive license rights to patents in Edgio's portfolio. On Nov. 26, 2024, the U.S. Bankruptcy Court for the District of Delaware approved Akamai's bid to acquire the aforementioned assets following Edgio's 363 bankruptcy auction on Nov. 13, 2024, as part of its filing for Chapter 11 bankruptcy relief. The transaction does not include the acquisition o
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
SC 13G/A - AKAMAI TECHNOLOGIES INC (0001086222) (Subject)
SC 13G/A - AKAMAI TECHNOLOGIES INC (0001086222) (Subject)
SC 13G/A - AKAMAI TECHNOLOGIES INC (0001086222) (Subject)
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
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)
4 - AKAMAI TECHNOLOGIES INC (0001086222) (Issuer)