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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$104.71
Volume2.61M
Average Volume (3M)1.48M
Market Cap
$15.87B
Enterprise Value$18.84B
Total Cash (Recent Filing)$1.64B
Total Debt (Recent Filing)$4.62B
Price to Earnings (P/E)26.0
Beta1.05
Next Earnings
Nov 07, 2024EPS Estimate
$1.59Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.03
Shares Outstanding151,525,770
10 Day Avg. Volume1,606,237
30 Day Avg. Volume1,480,320
Standard Deviation0.07
R-Squared0.23
Alpha-0.00269
Financial Highlights & Ratios
Price to Book (P/B)3.34
Price to Sales (P/S)3.90
Price to Cash Flow (P/CF)8.90
P/FCF Ratio14.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.80
Enterprise Value/Gross Profit8.19
Enterprise Value/Ebitda14.01
Forecast
1Y Price Target
$113.45Price Target Upside8.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Akamai News
PremiumCompany Announcements
Akamai Technologies Surpasses Billion-Dollar Revenue Milestone
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAKAM reported solid Q2 results with modest upside to revenue and adjusted EPS.
Strategic GrowthAkamai is transitioning to its growth businesses with Security and Compute and running the CDN business appropriately as a Cash Cow.
ValuationShares are trading at only 5.1x EV/recurring revenue, making AKAM very attractively valued if it can achieve its strategic goals.
Bears Say
CompetitivenessMost worry it's not competitive with the hyperscalers and consider it a bad bet.
Delivery PerformanceDelivery disappointed on lower than expected traffic volume, FX, and one large social media customer optimizing traffic.
Traffic GrowthTraffic growth is sluggish and lower than past years.
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Ownership Overview
1.88% Insiders
20.16% Mutual Funds
3.32% Other Institutional Investors
43.19% 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 Nov 07, 2024 which is yesterday.
How were Akamai’s earnings last quarter?
Akamai released its earnings results on Aug 08, 2024. The company reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.533 by $0.047.
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 $1.59.
How many shares outstanding does Akamai have?
Akamai has 151,525,770 shares outstanding.
What happened to Akamai’s price movement after its last earnings report?
Akamai reported an EPS of $1.58 in its last earnings report, beating expectations of $1.533. Following the earnings report the stock price went up 10.855%.
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:
$113.45 (8.67% Upside)
$113.45 (8.67% Upside)
Blogger Sentiment
Bullish
AKAM Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 270.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-3.43%
12-Months-Change
Fundamentals
Return on Equity
13.91%
Trailing 12-Months
Asset Growth
20.87%
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
Q2 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
$113.45
▲(8.67% Upside)
Technical Analysis
Best Analysts Covering AKAM
1 Year
1 Year Success Rate
20/26 ratings generated profit
1 Year Average Return
+9.92%
assigned a buy rating 3 months ago
Copying James Fish's trades and holding each position for 1 Year would result in 76.92% of your transactions generating a profit, with an average return of +9.92% per trade.
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