Susquehanna initiated coverage on Akamai Tech with a new price target
$AKAM
Business Services
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Susquehanna initiated coverage of Akamai Tech with a rating of Positive and set a new price target of $150.00
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| 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 |
10-Q - AKAMAI TECHNOLOGIES INC (0001086222) (Filer)
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8-K - AKAMAI TECHNOLOGIES INC (0001086222) (Filer)
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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., 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
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
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New real-time capabilities provide businesses with granular control and security across entire user account lifecycle CAMBRIDGE, Mass., Oct. 29, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cloud company that powers and protects life online, today launched new capabilities to its Account Protector security solution. These enhancements are designed to safeguard user accounts against abuse throughout their entire lifecycle and provide advanced protection against account opening abuse, account takeover attacks, and other attack schemes. The new capabilities e
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-
New solution leverages machine learning and global intelligence to enhance robust detection and mitigation capabilities against application-layer DDoS attacks CAMBRIDGE, Mass., Oct. 16, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ:AKAM), the cloud company that powers and protects life online, today announced the availability of Behavioral DDoS Engine for its App & API Protector solution. This new capability leverages machine learning for automatic, proactive protection against application-layer DDoS attacks. Behavioral DDoS Engine offers advanced detection and mitiga
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.