Akamai Technologies (NASDAQ:AKAM) Updates Q1 2025 Earnings Guidance

Akamai Technologies (NASDAQ:AKAM) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.540-1.590 for the period, compared to the consensus earnings per share estimate of 1.660. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. Akamai Technologies also updated its FY 2025 guidance to 6.000-6.400 EPS.

Wall Street Analyst Weigh In

Several brokerages have commented on AKAM. Oppenheimer upgraded shares of Akamai Technologies from a “market perform” rating to an “outperform” rating and set a $120.00 target price for the company in a report on Monday, December 2nd. Robert W. Baird decreased their target price on shares of Akamai Technologies from $120.00 to $115.00 and set an “outperform” rating for the company in a report on Monday, November 11th. UBS Group began coverage on shares of Akamai Technologies in a report on Monday, December 16th. They issued a “neutral” rating and a $110.00 target price for the company. Evercore ISI reiterated an “outperform” rating and issued a $110.00 target price on shares of Akamai Technologies in a report on Tuesday, December 17th. Finally, HSBC upgraded shares of 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. Six analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Akamai Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $117.95.

Akamai Technologies Stock Down 2.2 %

NASDAQ AKAM traded down $2.21 during trading on Thursday, reaching $98.05. The company’s stock had a trading volume of 2,968,584 shares, compared to its average volume of 1,758,572. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $14.73 billion, a PE ratio of 29.01, a PEG ratio of 3.55 and a beta of 0.65. The business has a 50-day moving average price of $96.64 and a 200-day moving average price of $97.96. Akamai Technologies has a 1-year low of $84.70 and a 1-year high of $113.36.

Akamai Technologies (NASDAQ:AKAM) last posted its earnings results on Thursday, February 20th. The technology infrastructure company reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.33). Akamai Technologies had a net margin of 13.27% and a return on equity of 14.63%. On average, research analysts forecast that Akamai Technologies will post 4.28 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Edward J. Mcgowan sold 10,782 shares of Akamai Technologies stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $98.71, for a total value of $1,064,291.22. Following the transaction, the chief financial officer now owns 12,716 shares of the company’s stock, valued at $1,255,196.36. This trade represents a 45.88 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Paul C. Joseph sold 4,000 shares of Akamai Technologies stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $91.57, for a total transaction of $366,280.00. Following the completion of the transaction, the executive vice president now directly owns 23,104 shares in the company, valued at approximately $2,115,633.28. This represents a 14.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,782 shares of company stock valued at $1,523,951 over the last 90 days. 1.80% of the stock is currently owned by company insiders.

Akamai Technologies Company Profile

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.