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Akamai (DE:AK3)
FRANKFURT:AK3
Akamai (AK3) Stock Price & Analysis
2 Followers
AK3 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€69.91 - €119.42
Previous Close€94.67
Volume0.00
Average Volume (3M)115.00
Market Cap
€14.40B
Enterprise Value€17.83B
Total Cash (Recent Filing)$864.44M
Total Debt (Recent Filing)$4.54B
Price to Earnings (P/E)29.1
Beta0.77
Next Earnings
May 09, 2024EPS Estimate
€1.5Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.26
Shares Outstanding151,530,300
10 Day Avg. Volume15
30 Day Avg. Volume115
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)12.73
Price to Sales (P/S)3.76
Price to Cash Flow (P/CF)9.90
P/FCF Ratio14.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.68
Enterprise Value/Gross Profit7.75
Enterprise Value/Ebitda14.31
Forecast
1Y Price Target
€115.93Price Target Upside22.46% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Akamai News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst recommends a Strong Buy rating on AKAM with the expectation of solid growth in the security sector, backed by a robust balance sheet and cash flow generation, enabling strategic acquisitions and shareholder returns.
Growth ProspectsWith strong demand for cloud-based security services and the integration of Edge Compute solutions, AKAM is poised to accelerate business performance and evolve as a leading cybersecurity provider.
Innovation And Market OpportunityThe introduction of the Gecko initiative and full-stack compute capabilities at the edge highlight AKAM's innovative approach, creating new market opportunities and driving future growth.
Bears Say
Business PerformancePersistent weakness in the content delivery business is concerning, as Akamai leverages this core business to cross sell security and compute services.
Earnings ForecastTarget price cut to USD96 from USD109 due to lower earnings forecasts and revised valuation multiple, leading to a downgrade to Reduce from Hold.
Financial HealthNon-GAAP operating margin improvement seems cosmetic as share-based compensation as a percentage of revenue rose, indicating underlying financial concerns.
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Options Prices
Currently, No data available
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Ownership Overview
2.92% Insiders
18.98% Mutual Funds
31.40% Other Institutional Investors
46.70% Public Companies and
Individual Investors
AK3 FAQ
What was Akamai’s price range in the past 12 months?
Akamai lowest stock price was €69.91 and its highest was €119.42 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 10 days.
How were Akamai’s earnings last quarter?
Akamai released its earnings results on Feb 13, 2024. The company reported €1.578 earnings per share for the quarter, beating the consensus estimate of €1.491 by €0.087.
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 €1.5.
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 €1.578 in its last earnings report, beating expectations of €1.491. Following the earnings report the stock price went down -9.597%.
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:
€115.93 (22.46% Upside)
€115.93 (22.46% Upside)
Blogger Sentiment
Bullish
DE:AK3 Sentiment 100%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $884.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
29.19%
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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AK3 Earnings Call
Q4 2024
0:00 / 0:00
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AK3 Revenue Breakdown
46.31% Security
40.46% Delivery
13.23% Compute
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AK3 Stock 12 Months Forecast
Average Price Target
€115.93
▲(22.46% Upside)
Technical Analysis
Best Analysts Covering AK3
1 Year
1 Year Success Rate
18/23 ratings generated profit
1 Year Average Return
+11.35%
reiterated a buy rating 20 days ago
Copying James Fish's trades and holding each position for 1 Year would result in 78.26% of your transactions generating a profit, with an average return of +11.35% per trade.
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