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Akamai (AKAM)
NASDAQ:AKAM
Akamai (AKAM) Stock Price & Analysis
1,780 Followers
AKAM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$85.15 - $129.17
Previous Close$94.32
Volume3.46M
Average Volume (3M)1.79M
Market Cap
$14.37B
Enterprise Value$17.26B
Total Cash (Recent Filing)$1.67B
Total Debt (Recent Filing)$4.57B
Price to Earnings (P/E)23.5
Beta1.05
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. Volume2,402,138
30 Day Avg. Volume1,786,937
Standard Deviation0.07
R-Squared0.26
Alpha-0.00077
Financial Highlights & Ratios
Price to Book (P/B)11.47
Price to Sales (P/S)14.07
Price to Cash Flow (P/CF)8.90
P/FCF Ratio13.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.45
Enterprise Value/Gross Profit7.50
Enterprise Value/Ebitda13.23
Forecast
1Y Price Target
$116.62Price Target Upside23.64% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Akamai News
Bulls Say, Bears Say
Bulls Say
Analyst EndorsementAnalyst reiterates Buy rating based on continued execution in higher growth segments like compute and security.
Financial PerformanceSecurity and compute sectors show robust growth, with security revenue up 21% and compute revenue up 25% year-over-year.
Strategic AcquisitionsThe acquisition of Noname Security enhances the company's API security capabilities, with several large wins already in the first quarter.
Bears Say
Market HeadwindsContinued delivery declines lead to muted FY outlook and a -11% YoY delivery decline versus Consensus' -5%.
Revenue GuidanceFull-year revenue guidance has been lowered due to weaker delivery traffic and foreign exchange pressure.
Stock ValuationThe stock is currently trading at a multiple that is in line with other low-growth companies in the sector, but it should trade at a discount due to higher expected capital expenditures.
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Ownership Overview
2.90% Insiders
18.91% Mutual Funds
39.59% Other Institutional Investors
38.59% 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 $85.14 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 77 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 Graham Capital Management, L.P.. It holds Akamai’s shares valued at 2M.
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Akamai Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$116.62 (23.64% Upside)
$116.62 (23.64% Upside)
Blogger Sentiment
Bullish
AKAM Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 94.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $884.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.2%
Last 30 Days ▲ 2.7%
Last 30 Days ▲ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
10.54%
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
▲(23.64% Upside)
Technical Analysis
Best Analysts Covering AKAM
1 Year
1 Year Success Rate
18/24 ratings generated profit
1 Year Average Return
+8.39%
assigned a buy rating 2 days ago
Copying James Fish's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +8.39% per trade.
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