Akamai price target lowered to $90 from $100 at RBC Capital

RBC Capital lowered the firm’s price target on Akamai (AKAM) to $90 from $100 and keeps a Sector Perform rating on the shares. The company reported mixed results, with noisy trends across the underlying businesses, while its 2025 revenue and EPS guidance came in below consensus, partially driven by significant FX headwinds, the analyst tells investors in a research note. Akamai’s go-to-market strategy changes also make the firm incrementally cautious on the near-term outlook, RBC adds.