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Akamai (AKAM)
NASDAQ:AKAM
Akamai (AKAM) Stock Price & Analysis
1,749 Followers
AKAM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$76.85 - $129.17
Previous Close$101.33
Volume234.31K
Average Volume (3M)1.78M
Market Cap
$15.45B
Enterprise Value$19.16B
Total Cash (Recent Filing)$864.44M
Total Debt (Recent Filing)$4.54B
Price to Earnings (P/E)28.8
Beta1.08
Next Earnings
May 09, 2024EPS Estimate
$1.61Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.52
Shares Outstanding151,530,300
10 Day Avg. Volume1,180,401
30 Day Avg. Volume1,778,990
Standard Deviation0.08
R-Squared0.26
Alpha0.00138
Financial Highlights & Ratios
Price to Book (P/B)12.95
Price to Sales (P/S)4.06
Price to Cash Flow (P/CF)10.10
P/FCF Ratio15.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.03
Enterprise Value/Gross Profit8.33
Enterprise Value/Ebitda15.38
Forecast
1Y Price Target
$125.85Price Target Upside24.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Akamai News
PremiumCompany Announcements
Akamai Announces Executive Compensation Tied to Performance GoalsBulls Say, Bears Say
Bulls Say
Company TransformationTransitioning into a leading security services provider with a strong demand for cloud-based security services and integration of Edge Compute solutions.
Financial HealthThe company showcases a strong balance sheet and cash flow generation, enabling strategic investments in growth initiatives and enhancing shareholder returns through share repurchases.
Innovation And Market OpportunityIntroduction of innovative solutions like Gecko to bring cloud compute capabilities to the edge, alongside robust growth in the security and compute segments, signals new market opportunities and potential revenue streams.
Bears Say
Earnings GuidanceThe company is expected to miss 2024 guidance amidst signs of further weakness in its core content delivery business.
Financial PerformancePersistent weakness in the content delivery business is concerning, as Akamai leverages this core business to cross sell security and compute services.
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
2.92% Insiders
18.88% Mutual Funds
29.74% Other Institutional Investors
48.47% 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 $76.84 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 May 09, 2024 which is in 21 days.
How were Akamai’s earnings last quarter?
Akamai released its earnings results on Feb 13, 2024. The company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.597 by $0.093.
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 $1.61.
How many shares outstanding does Akamai have?
Akamai has 151,530,300 shares outstanding.
What happened to Akamai’s price movement after its last earnings report?
Akamai reported an EPS of $1.69 in its last earnings report, beating expectations of $1.597. Following the earnings report the stock price went down -8.197%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$125.85 (24.49% Upside)
$125.85 (24.49% Upside)
Blogger Sentiment
Bullish
AKAM Sentiment 100%
Sector Average 70%
Sector Average 70%
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 Negative
Last 7 Days ▼ 0.1%
Last 30 Days ▼ 5.5%
Last 30 Days ▼ 5.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
22.74%
12-Months-Change
Fundamentals
Return on Equity
12.23%
Trailing 12-Months
Asset Growth
19.23%
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
Q4 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 Months Forecast
Average Price Target
$125.85
▲(24.49% Upside)
Technical Analysis
Best Analysts Covering AKAM
1 Year
1 Year Success Rate
19/23 ratings generated profit
1 Year Average Return
+11.79%
reiterated a buy rating 9 days ago
Copying James Fish's trades and holding each position for 1 Year would result in 82.61% of your transactions generating a profit, with an average return of +11.79% per trade.
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