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Akamai (AKAM)
NASDAQ:AKAM
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AKAM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$87.59 - $129.17
Previous Close$91.07
Volume2.85M
Average Volume (3M)1.51M
Market Cap
$13.68B
Enterprise Value$16.63B
Total Cash (Recent Filing)$1.70B
Total Debt (Recent Filing)$4.65B
Price to Earnings (P/E)27.0
Beta0.85
Next Earnings
Feb 18, 2025EPS Estimate
$1.53Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.38
Shares Outstanding150,226,986
10 Day Avg. Volume2,970,542
30 Day Avg. Volume1,506,514
Standard Deviation0.07
R-Squared0.23
Alpha-0.00269
Financial Highlights & Ratios
Price to Book (P/B)2.87
Price to Sales (P/S)3.51
Price to Cash Flow (P/CF)8.00
P/FCF Ratio12.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.19
Enterprise Value/Gross Profit7.23
Enterprise Value/Ebitda13.18
Forecast
1Y Price Target
$116.75Price Target Upside29.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Akamai News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAkamai's strong balance sheet and cash flow generation ability continue to fund new growth initiatives and strategic acquisitions and enhance shareholder returns through ongoing share repurchases.
Security And Compute GrowthThe growth of distributed computing, cloud computing, and Edge computing is driving increasing opportunities for Akamai’s cloud-hosted cybersecurity solutions.
Strategic ExpansionAkamai continues to transition into a leading security services provider, continuing to expand its cloud-based security services as strong Security and Compute revenue continue to overcome declines in content delivery revenue.
Bears Say
Financial PerformanceA weaker Q4 outlook was provided, driven principally by continued delivery headwinds.
Growth ProspectsConcern around the long-term growth prospects of the Delivery business.
Restructuring CostsA restructuring charge was incurred as part of a workforce reduction plan.
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Ownership Overview
1.88% Insiders
20.16% Mutual Funds
4.71% Other Institutional Investors
41.76% 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 $87.59 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 Feb 18, 2025 which is in 97 days.
How were Akamai’s earnings last quarter?
Akamai released its earnings results on Nov 07, 2024. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.589 by $0.001.
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 150,226,990 shares outstanding.
What happened to Akamai’s price movement after its last earnings report?
Akamai reported an EPS of $1.59 in its last earnings report, beating expectations of $1.589. Following the earnings report the stock price went down -14.397%.
Which hedge fund is a major shareholder of Akamai?
Among the largest hedge funds holding Akamai’s share is Bridgewater Associates, LP. It holds Akamai’s shares valued at 16M.
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Akamai Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$116.75 (29.61% Upside)
$116.75 (29.61% Upside)
Blogger Sentiment
Bullish
AKAM Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 270.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 7.3%
Last 30 Days ▲ 12.8%
Last 30 Days ▲ 12.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-17.78%
12-Months-Change
Fundamentals
Return on Equity
11.54%
Trailing 12-Months
Asset Growth
6.35%
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
Q3 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
$116.75
▲(29.61% Upside)
Technical Analysis
Best Analysts Covering AKAM
1 Year
1 Year Success Rate
18/26 ratings generated profit
1 Year Average Return
+7.20%
assigned a buy rating 3 months ago
Copying James Fish's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +7.20% per trade.
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