What is Zacks Research’s Estimate for AKAM FY2025 Earnings?

Akamai Technologies, Inc. (NASDAQ:AKAM) – Equities research analysts at Zacks Research lowered their FY2025 earnings estimates for shares of Akamai Technologies in a report released on Thursday, December 12th. Zacks Research analyst A. Chatterjee now anticipates that the technology infrastructure company will post earnings per share of $4.52 for the year, down from their prior estimate of $4.53. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.30 per share. Zacks Research also issued estimates for Akamai Technologies’ FY2026 earnings at $4.67 EPS.

Several other equities analysts have also issued reports on the stock. Royal Bank of Canada restated a “sector perform” rating and issued a $100.00 target price on shares of Akamai Technologies in a report on Thursday, August 15th. Robert W. Baird cut their target price on Akamai Technologies from $120.00 to $115.00 and set an “outperform” rating on the stock in a research report on Monday, November 11th. HSBC upgraded Akamai Technologies from a “hold” rating to a “buy” rating and set a $121.00 target price for the company in a report on Monday, November 11th. Oppenheimer raised shares of Akamai Technologies from a “market perform” rating to an “outperform” rating and set a $120.00 price objective for the company in a research report on Monday, December 2nd. Finally, Hsbc Global Res raised shares of Akamai Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $117.61.

Akamai Technologies Price Performance

AKAM stock opened at $100.00 on Friday. The company has a market capitalization of $15.02 billion, a P/E ratio of 29.59, a PEG ratio of 3.74 and a beta of 0.65. Akamai Technologies has a 52-week low of $84.70 and a 52-week high of $129.17. The company has a fifty day moving average price of $98.24 and a 200-day moving average price of $96.46. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.33 and a current ratio of 1.33.

Insider Buying and Selling

In other Akamai Technologies news, CTO Robert Blumofe sold 2,500 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $88.61, for a total value of $221,525.00. Following the completion of the sale, the chief technology officer now directly owns 19,510 shares in the company, valued at $1,728,781.10. This trade represents a 11.36 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director William Raymond Wagner sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $93.38, for a total value of $93,380.00. Following the transaction, the director now owns 15,719 shares in the company, valued at $1,467,840.22. This trade represents a 5.98 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,500 shares of company stock worth $669,425 in the last ninety days. 1.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Akamai Technologies

A number of hedge funds have recently bought and sold shares of AKAM. Geode Capital Management LLC lifted its holdings in Akamai Technologies by 5.1% in the third quarter. Geode Capital Management LLC now owns 4,197,009 shares of the technology infrastructure company’s stock valued at $423,066,000 after acquiring an additional 202,746 shares during the period. Earnest Partners LLC increased its holdings in Akamai Technologies by 1.3% during the second quarter. Earnest Partners LLC now owns 2,131,061 shares of the technology infrastructure company’s stock valued at $191,966,000 after buying an additional 28,135 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Akamai Technologies by 25.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,732,750 shares of the technology infrastructure company’s stock worth $156,088,000 after acquiring an additional 347,626 shares during the period. Disciplined Growth Investors Inc. MN increased its stake in shares of Akamai Technologies by 6.3% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 1,499,760 shares of the technology infrastructure company’s stock worth $151,401,000 after purchasing an additional 88,732 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Akamai Technologies by 1.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 892,356 shares of the technology infrastructure company’s stock valued at $90,083,000 after buying an additional 11,272 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

About Akamai Technologies

Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.