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Akamai (AKAM)
NASDAQ:AKAM
AKAM Stock Chart & Stats
Day’s Range― - ―
52-Week Range$84.70 - $129.17
Previous CloseN/A
Volume273.20K
Average Volume (3M)1.53M
Market Cap
$14.68B
Enterprise Value$18.42B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)28.9
Beta0.77
Next Earnings
Feb 20, 2025EPS Estimate
1.51Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.38
Shares Outstanding150,226,990
10 Day Avg. Volume1,721,698
30 Day Avg. Volume1,528,254
Standard Deviation0.07
R-Squared0.20
Alpha-0.00281
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.70
Price to Cash Flow (P/CF)9.40
P/FCF Ratio17.30
Enterprise Value/Market Cap1.26
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit8.48
Enterprise Value/Ebitda14.41
Forecast
1Y Price Target
$112.92Price Target Upside15.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
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Bulls Say, Bears Say
Bulls Say
Market Position And DemandAkamai's solid cloud compute and edge compute platform is set to benefit from increased demand for AI inferencing and AI cyberattacks, making the CDN market more attractive.
Revenue And Profitability GrowthThe acquisition is expected to add $80-100 million of revenue, boosting current delivery revenue forecast by 7-9% and being accretive to adjusted EPS by $0.15-0.20.
Strategic AcquisitionThe Edgio asset purchase strengthens Akamai's positioning in the delivery market and is a positive strategic and financial fit.
Bears Say
Business OutlookA weaker Q4 outlook was provided, driven principally by continued delivery headwinds.
Business PerformanceConcern around the long-term growth prospects of the Delivery business.
EarningsThe transaction is expected to be dilutive to adjusted EPS due to $15-17 million of transition costs.
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Ownership Overview
1.88% Insiders
20.60% Mutual Funds
0.48% Other Institutional Investors
44.59% 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 $84.70 and its highest was $129.17 in the past 12 months.
What is Akamai’s market cap?
Akamai’s market cap is $14.68B.
When is Akamai’s upcoming earnings report date?
Akamai’s upcoming earnings report date is Feb 20, 2025 which is in 15 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 1.51.
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 Empyrean Capital Partners, LP. It holds Akamai’s shares valued at 55M.
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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:
$112.92 (15.22% Upside)
$112.92 (15.22% Upside)
Blogger Sentiment
Bullish
AKAM Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 225.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $347.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▲ 4.0%
Last 30 Days ▲ 4.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-21.05%
12-Months-Change
Fundamentals
Return on Equity
10.98%
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
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture, with significant achievements in security and compute growth, including record revenue milestones, strong contract wins, and successful DDoS protection. However, challenges in delivery revenue due to macroeconomic headwinds and a workforce reduction weigh on the company's outlook. While the positive developments in security and compute are encouraging, the declining delivery business and necessary cost-cutting measures introduce caution.Read More>---
AKAM Revenue Breakdown
46.31% Security
40.46% Delivery
13.23% Compute
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AKAM Stock 12 Month Forecast
Average Price Target
$112.92
▲(15.22% Upside)
Technical Analysis
Best Analysts Covering AKAM
1 Year
1 Year Success Rate
22/25 ratings generated profit
1 Year Average Return
+17.32%
upgraded a buy rating 2 months ago
Copying Timothy Horan's trades and holding each position for 1 Year would result in 88.00% of your transactions generating a profit, with an average return of +17.32% per trade.
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