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Akamai (AKAM)
NASDAQ:AKAM
Akamai (AKAM) Stock Price & Analysis
1,785 Followers
AKAM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$86.31 - $129.17
Previous Close$95.21
Volume2.43M
Average Volume (3M)1.76M
Market Cap
$14.50B
Enterprise Value$17.40B
Total Cash (Recent Filing)$1.67B
Total Debt (Recent Filing)$4.57B
Price to Earnings (P/E)23.7
Beta1.08
Next Earnings
Jul 30, 2024EPS Estimate
$1.53Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.01
Shares Outstanding152,316,548
10 Day Avg. Volume3,058,263
30 Day Avg. Volume1,761,115
Standard Deviation0.07
R-Squared0.26
Alpha-0.00077
Financial Highlights & Ratios
Price to Book (P/B)11.38
Price to Sales (P/S)14.69
Price to Cash Flow (P/CF)10.30
P/FCF Ratio19.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.48
Enterprise Value/Gross Profit7.56
Enterprise Value/Ebitda13.33
Forecast
1Y Price Target
$116.62Price Target Upside22.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Akamai News
PremiumCompany Announcements
Akamai’s Stockholders Meeting: Governance and Incentive Plan Updates
Bulls Say, Bears Say
Bulls Say
Financial PerformanceStrength in compute and security segments, expected to grow +22%/+16% this year, underpins solid underlying fundamentals.
Market PositioningSecurity demand is strong and synergies from the recent Noname acquisition should immediately level up AKAM’s positioning in a rapidly growing market.
Strategic AcquisitionsThe acquisition of Noname Security enhances Akamai's API security offering, signaling a strategic move to strengthen its cybersecurity portfolio.
Bears Say
Financial PerformanceDelivery revenue declined by 10% year-over-year due to reduced traffic from a major social media customer and slower streaming and gaming traffic.
Guidance RevisionFull-year revenue guidance has been lowered, with growth projections adjusted from 6-8% to approximately 4.5% due to delivery and foreign exchange pressures.
Market ChallengesAggregate industry-wide volume degradation (streaming media MAU/traffic slowdown from ad-support push; password crackdowns) remain concerning.
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Ownership Overview
2.91% Insiders
18.91% Mutual Funds
46.82% Other Institutional Investors
31.36% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AKAM FAQ
What was Akamai’s price range in the past 12 months?
Akamai lowest stock price was $86.31 and its highest was $129.17 in the past 12 months.
What is Akamai’s market cap?
Currently, no data Available
When is Akamai’s upcoming earnings report date?
Akamai’s upcoming earnings report date is Jul 30, 2024 which is in 71 days.
How were Akamai’s earnings last quarter?
Akamai released its earnings results on May 09, 2024. The company reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.03.
Is Akamai overvalued?
According to Wall Street analysts Akamai’s price is currently Undervalued.
Does Akamai pay dividends?
Akamai does not currently pay dividends.
What is Akamai’s EPS estimate?
Akamai’s EPS estimate is $1.53.
How many shares outstanding does Akamai have?
Akamai has 152,316,540 shares outstanding.
What happened to Akamai’s price movement after its last earnings report?
Akamai reported an EPS of $1.64 in its last earnings report, beating expectations of $1.61. Following the earnings report the stock price went down -10.999%.
Which hedge fund is a major shareholder of Akamai?
Among the largest hedge funds holding Akamai’s share is Bridgewater Associates, LP. It holds Akamai’s shares valued at 10M.
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Akamai Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$116.62 (22.49% Upside)
$116.62 (22.49% Upside)
Blogger Sentiment
Bullish
AKAM Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 149.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.4%
Last 30 Days ▲ 6.2%
Last 30 Days ▲ 6.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.72%
12-Months-Change
Fundamentals
Return on Equity
14.22%
Trailing 12-Months
Asset Growth
21.41%
Trailing 12-Months
Company Description
Akamai
Akamai Technologies, Inc. engages in the provision of cloud services for delivering, optimizing and securing content and business applications over the Internet. Its products offers web and mobile performance solutions, cloud security solutions, enterprise solutions, network operator solutions, media delivery solutions and services and support solutions. It also engages in content delivery network, or CDN, services to make the Internet fast, reliable and secure. The company was founded by Frank Thomson Leighton, Jonathan Seelig, Randall S. Kaplan, and Daniel Mark Lewin on August 20, 1998 and is headquartered in Cambridge, MA.
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AKAM Earnings Call
Q1 2024
0:00 / 0:00
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AKAM Revenue Breakdown
46.31% Security
40.46% Delivery
13.23% Compute
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AKAM Stock 12 Month Forecast
Average Price Target
$116.62
▲(22.49% Upside)
Technical Analysis
Best Analysts Covering AKAM
1 Year
1 Year Success Rate
19/24 ratings generated profit
1 Year Average Return
+9.46%
assigned a buy rating 8 days ago
Copying James Fish's trades and holding each position for 1 Year would result in 79.17% of your transactions generating a profit, with an average return of +9.46% per trade.
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