Track market-moving stories before they get noisy

WM Technology (NASDAQ:MAPS – Get Free Report) and Akamai Technologies (NASDAQ:AKAM – Get Free Report) are both technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, dividends, valuation and analyst recommendations.

Profitability This table compares WM Technology and Akamai Technologies’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets WM Technology 1.12% 1.51% 1.04% Akamai Technologies 9.51% 11.32% 4.47% Analyst Ratings This is a summary of current ratings and recommmendations for WM Technology and Akamai Technologies, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score WM Technology 1 0 0 0 1.00 Akamai Technologies 2 9 13 0 2.46 Akamai Technologies has a consensus price target of $141.62, indicating a potential upside of 34.10%. Given Akamai Technologies’ stronger consensus rating and higher possible upside, analysts clearly believe Akamai Technologies is more favorable than WM Technology. Insider & Institutional Ownership 22.0% of WM Technology shares are owned by institutional investors. Comparatively, 94.3% of Akamai Technologies shares are owned by institutional investors. 19.7% of WM Technology shares are owned by insiders. Comparatively, 2.3% of Akamai Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Earnings and Valuation This table compares WM Technology and Akamai Technologies”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio WM Technology $174.70 million 0.34 $1.96 million $0.02 18.63 Akamai Technologies $4.32 billion 3.51 $452.03 million $2.78 37.99 Akamai Technologies has higher revenue and earnings than WM Technology. WM Technology is trading at a lower price-to-earnings ratio than Akamai Technologies, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk WM Technology has a beta of 0.87, indicating that its share price is 13% less volatile than the S&P 500. Comparatively, Akamai Technologies has a beta of 0.63, indicating that its share price is 37% less volatile than the S&P 500.

Summary Akamai Technologies beats WM Technology on 12 of the 14 factors compared between the two stocks.

About WM Technology (Get Free Report)

WM Technology, Inc. provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and education and learning information to help newer consumers learn about the types of products to purchase. It also provides monthly subscription-based business software solutions, including WM Listings, WM Orders, WM Store, WM Connectors, and WM Insights as well as other add-on products, such as WM Ads, WM AdSuite, WM Customer Relationship Management, WM Dispatch, and WM Screens. WM Technology, Inc. was founded in 2008 and is headquartered in Irvine, California.

(Get Free Report)

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. It also provides web and mobile performance solutions to enable dynamic websites and applications; media delivery solutions, including video streaming and video player services, game and software delivery, broadcast operations, authoritative domain name system, resolution, and data and analytics; and cloud computing services, such as compute, storage, networking, database, and container management services to build, deploy, and secure applications and workloads. In addition, the company offers content delivery solutions; and an array of service and support to assist customers with integrating, configuring, optimizing, and managing its offerings. It sells its solutions through various channel partners. Akamai Technologies, Inc. was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.

Receive News & Ratings for WM Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WM Technology and related companies with MarketBeat.com's FREE daily email newsletter.

Algert Global LLC grew its stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM – Free Report) by 1,021.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 64,160 shares of the technology infrastructure company’s stock after buying an additional 58,440 shares during the period. Algert Global LLC’s holdings in Akamai Technologies were worth $7,584,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. First Trust Advisors LP boosted its position in shares of Akamai Technologies by 16.5% during the fourth quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock worth $589,112,000 after purchasing an additional 957,345 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Akamai Technologies by 11.2% during the first quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock worth $397,881,000 after acquiring an additional 349,451 shares in the last quarter. Invesco Ltd. lifted its holdings in Akamai Technologies by 5.8% during the third quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock worth $245,394,000 after acquiring an additional 177,756 shares in the last quarter. Norges Bank acquired a new position in Akamai Technologies in the fourth quarter valued at about $192,959,000. Finally, Alyeska Investment Group L.P. grew its stake in Akamai Technologies by 34.5% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,197,218 shares of the technology infrastructure company’s stock valued at $191,707,000 after acquiring an additional 563,178 shares during the period. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In Several research firms have recently weighed in on AKAM. UBS Group lifted their price objective on Akamai Technologies from $125.00 to $143.00 and gave the company a “neutral” rating in a report on Friday, August 7th. JPMorgan Chase & Co. raised Akamai Technologies from an “underweight” rating to a “neutral” rating and increased their target price for the stock from $132.00 to $158.00 in a research note on Thursday, August 13th. Weiss Ratings restated a “hold (c)” rating on shares of Akamai Technologies in a report on Wednesday, June 24th. Craig Hallum raised shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a research note on Friday, May 8th. Finally, The Goldman Sachs Group lifted their price target on shares of Akamai Technologies from $76.00 to $87.00 and gave the company a “sell” rating in a research note on Friday, May 8th. Twelve investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $144.14.

Read Our Latest Research Report on AKAM Akamai Technologies Price Performance NASDAQ AKAM opened at $108.06 on Thursday. The firm’s 50 day moving average is $117.68 and its 200-day moving average is $117.71. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.23. The company has a market capitalization of $15.53 billion, a PE ratio of 38.87, a price-to-earnings-growth ratio of 4.86 and a beta of 0.63. Akamai Technologies, Inc. has a 12-month low of $70.82 and a 12-month high of $165.45.

Akamai Technologies (NASDAQ:AKAM – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.02. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.73 EPS. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. Equities research analysts anticipate that Akamai Technologies, Inc. will post 3.67 earnings per share for the current fiscal year.

Insider Buying and Selling In other news, EVP Kim Salem-Jackson sold 2,300 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the completion of the sale, the executive vice president owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. This represents a 3.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total transaction of $31,446.63. Following the completion of the transaction, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at $4,012,486.46. This represents a 0.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is owned by company insiders.

Akamai Technologies Company Profile (Free Report)

Akamai Technologies, Inc is a leading provider of content delivery network (CDN) services and cloud security solutions designed to optimize and safeguard digital experiences. Leveraging a globally distributed platform, the company accelerates web and mobile content delivery for enterprises, media companies, e-commerce platforms and government agencies. Its edge computing architecture brings processing power closer to end users, reducing latency and improving application performance across geographies.

The company’s core offerings include content acceleration, web and mobile performance optimization, media delivery, and a suite of cybersecurity solutions that protect against DDoS attacks, application-layer threats and bot-driven fraud.

Featured Stories Five stocks we like better than Akamai Technologies Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise Alcoa’s Gallium Project Opens a New Door Beyond Aluminum Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech Can Tesla’s Flying Roadster Distract From Its Real Risks?

Receive News & Ratings for Akamai Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Akamai Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Key Takeaways Akamai's CIS revenues rose 39% year over year to $99 million in Q2 2026.Rising demand for AI workloads and GPU capacity is driving growth in Akamai's cloud infrastructure business.Akamai signed more than $2.8 billion in multi-year CIS commitments and expects at least 50% 2026 growth. Akamai Technologies, Inc. (AKAM - Free Report) is benefiting from solid demand in the Cloud Infrastructure Services (CIS) segment. The segment generated $99 million of revenues in the second quarter of 2026, up 39% year over year.

Its CIS business is benefiting primarily from the rapid expansion of artificial intelligence (AI) workloads. AI adoption is moving beyond model training toward inference and AI-agent applications. These enterprises increasingly need computing resources to ensure low latency. Akamai is positioning its distributed infrastructure to process these workloads closer to end users. Rather than relying on centralized data centers, this approach is boosting responsiveness while reducing latency.

Strong demand for GPU (Graphics Processing Unit) capacity for AI inference and compute-intensive applications is another growth driver. Akamai reported that its existing GPU capacity was completely sold out, prompting the company to expand its infrastructure to accommodate other customers. AKAM expects to invest up to $500 million in additional capital expenditure to support the growing demand.

In fiscal 2026, the company has signed more than $2.8 billion in multi-year CIS commitments, including a more than $600 million, four-year agreement with a U.S. tech company for robotics-related infrastructure. These large, multi-year enterprise contracts will likely ensure long-term sustainable growth in this segment.

Akamai’s global and distributed infrastructure footprint is a major advantage. The company has infrastructure deployed across more than 700 cities in 130 countries. This allows it to combine core cloud capacity with edge computing. The company expects CIS revenues to grow at least 50% in constant currency for full-year 2026.

Other Tech Companies in Cloud Infrastructure DomainCoreWeave (CRWV - Free Report) is emerging as a major player in AI-focused cloud infrastructure. In the second quarter of 2026, the company generated record revenues of $2.6 billion, representing 112% year-over-year growth, while its revenue backlog reached $104 billion. The company is witnessing solid demand for its GPU capacity. Managed inference is becoming an increasingly important growth vertical for CoreWeave as AI moves from experimentation and development to production and inference. In 2026, CRWV expects to generate at least $250 million of managed inference average recurring revenue.

Oracle Corporation's (ORCL - Free Report) cloud infrastructure business is experiencing solid momentum, with multi-cloud database services gaining significant traction across enterprise customers. Its end-to-end technology stack, spanning database, applications, and infrastructure, creates unique value for enterprise customers seeking simplified vendor relationships and seamless integration. The company's ability to deliver complete solutions reduces implementation complexity and total cost of ownership, strengthening customer loyalty and increasing wallet share. In the fourth quarter, Oracle’s cloud revenues (SaaS plus IaaS) increased 47% in USD and 46% in constant currency to $9.9 billion.

AKAM’s Price Performance, Valuation & EstimatesAkamai shares have rallied 44.3% over the past year compared with the industry’s 57.6% growth.

Image Source: Zacks Investment Research

Going by the price/earnings ratio, the company's shares currently trade at 15.79 forward earnings, lower than 20.41 for the industry.

Image Source: Zacks Investment Research

Earnings estimates for 2026 have declined, while those for 2027 have increased over the past 60 days.

Image Source: Zacks Investment Research

Akamai stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Posted by Defense World Staff on Aug 14th, 2026

Assenagon Asset Management S.A. bought a new position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 20,931 shares of the technology infrastructure company’s stock, valued at approximately $2,474,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AKAM. Brighton Jones LLC lifted its position in Akamai Technologies by 101.4% in the fourth quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company’s stock worth $384,000 after purchasing an additional 2,022 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Akamai Technologies by 35.2% during the 1st quarter. Jones Financial Companies Lllp now owns 1,087 shares of the technology infrastructure company’s stock worth $88,000 after acquiring an additional 283 shares during the period. United Services Automobile Association bought a new stake in Akamai Technologies in the first quarter valued at about $266,000. Empowered Funds LLC raised its position in Akamai Technologies by 73.0% in the first quarter. Empowered Funds LLC now owns 7,134 shares of the technology infrastructure company’s stock worth $574,000 after purchasing an additional 3,010 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Akamai Technologies by 152.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,163 shares of the technology infrastructure company’s stock worth $93,000 after purchasing an additional 703 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

Insiders Place Their Bets In other news, CTO Robert Blumofe sold 243 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total value of $31,446.63. Following the transaction, the chief technology officer directly owned 31,006 shares in the company, valued at $4,012,486.46. This trade represents a 0.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of Akamai Technologies stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the sale, the executive vice president directly owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. This trade represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.30% of the company’s stock.

Akamai Technologies Stock Up 2.0% NASDAQ AKAM opened at $125.29 on Friday. The stock has a market capitalization of $18.01 billion, a P/E ratio of 45.07, a price-to-earnings-growth ratio of 5.29 and a beta of 0.63. Akamai Technologies, Inc. has a 52 week low of $70.82 and a 52 week high of $165.45. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.06 and a current ratio of 1.64. The stock has a fifty day moving average of $121.74 and a 200-day moving average of $116.70.

Akamai Technologies (NASDAQ:AKAM – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.02. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the firm posted $1.73 earnings per share. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. On average, equities research analysts forecast that Akamai Technologies, Inc. will post 3.91 EPS for the current year.

Analyst Upgrades and Downgrades A number of research firms have weighed in on AKAM. Citigroup lifted their price objective on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a report on Friday, May 15th. Piper Sandler lowered their price target on Akamai Technologies from $156.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, August 7th. Morgan Stanley lifted their price objective on Akamai Technologies from $120.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. UBS Group boosted their target price on shares of Akamai Technologies from $125.00 to $143.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Finally, Royal Bank Of Canada reduced their target price on shares of Akamai Technologies from $150.00 to $135.00 and set a “sector perform” rating on the stock in a research note on Friday, August 7th. Twelve investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $144.14.

View Our Latest Research Report on AKAM

Akamai Technologies Profile (Free Report)

Akamai Technologies, Inc is a leading provider of content delivery network (CDN) services and cloud security solutions designed to optimize and safeguard digital experiences. Leveraging a globally distributed platform, the company accelerates web and mobile content delivery for enterprises, media companies, e-commerce platforms and government agencies. Its edge computing architecture brings processing power closer to end users, reducing latency and improving application performance across geographies.

The company’s core offerings include content acceleration, web and mobile performance optimization, media delivery, and a suite of cybersecurity solutions that protect against DDoS attacks, application-layer threats and bot-driven fraud.

Further Reading Five stocks we like better than Akamai Technologies Asian Market Circuit Breakers Hit Stocks, Not AI Demand Riot Platforms Re-Wires the Ledger for a $9B AI Power Play Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy? Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal Want to see what other hedge funds are holding AKAM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Akamai Technologies, Inc. (NASDAQ:AKAM – Free Report).

Receive News & Ratings for Akamai Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Akamai Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAspiriant LLC Boosts Stock Position in Broadcom Inc. $AVGO

NEXT HEADLINE »BMO Capital Markets Issues Positive Forecast for Bird Construction (TSE:BDT) Stock Price

Key Takeaways Akamai posted Q2 revenue of $1.1 billion, beating estimates despite continued Delivery pressure.Cloud Infrastructure Services revenue surged 39% as AI demand and GPU deployments increased.Higher investment costs pressured margins, with Q3 capital spending expected at $475M-$525M. Akamai Technologies, Inc. (AKAM - Free Report) reported second-quarter 2026 results that showed continued demand for its AI infrastructure and cybersecurity offerings. Revenue and adjusted earnings topped the Zacks Consensus Estimate, while higher operating expenses and infrastructure investments pressured profitability.

Akamai Beats on Revenue and Adjusted EPSSecond-quarter revenue increased 5% year over year to $1.1 billion, exceeding the Zacks Consensus Estimate of $1.09 billion. Non-GAAP earnings came in at $1.59 per share, ahead of the $1.58 consensus estimate. Revenue increased despite continued pressure on the Delivery business.

Non-GAAP net income declined 6% year over year to $235.8 million, while non-GAAP income from operations fell 12% to $270.7 million. Adjusted EBITDA declined 6% to $416.1 million, highlighting the profitability impact of higher investment and operating costs.

Akamai Cloud Revenue Surges 39%Cloud Infrastructure Services revenue rose 39% year over year to $99.3 million from $71.5 million. The increase reflected demand for AI infrastructure, higher GPU deployments and continued adoption of Akamai’s distributed cloud platform.

Akamai has signed more than $2.8 billion of multiyear Cloud Infrastructure Services commitments year to date, including a four-year agreement worth more than $600 million with a U.S.-based technology company for robotics development. Management now expects overall revenue growth to accelerate into the low teens in 2027.

Competition remains a key consideration, with Cloudflare, Inc. (NET - Free Report) and NVIDIA Corporation (NVDA - Free Report) investing heavily in AI infrastructure, networking and cloud technologies. Continued innovation and differentiation will be important for Akamai to strengthen its position as AI and cloud adoption accelerates.

Akamai Security Sustains Double-Digit GrowthSecurity revenue increased 10% year over year to $604.4 million, supported by API Security, Web Application Firewall and Guardicore Segmentation. Management expects the Security portfolio to generate more than $2.4 billion of revenue in 2026.

Workforce Protector, following the LayerX acquisition, expands Akamai’s Zero Trust capabilities around browser, SaaS and AI usage. The company is also seeing increased demand for security solutions as enterprises adopt AI applications and workloads.

Akamai’s Guidance Highlights Investment CostsAkamai expects third-quarter revenue of $1.105 billion to $1.13 billion, with a non-GAAP operating margin of 24%-26%. For 2026, revenue guidance stands at $4.445 billion-$4.53 billion, with a non-GAAP operating margin of 25%-26% and non-GAAP EPS of $6.40-$7.05.

Image Source: Zacks Investment Research

The margin outlook reflects continued investment in cloud infrastructure. Capital expenditures reached $346.5 million in the second quarter, while management expects third-quarter capital expenditures of $475 million-$525 million as it expands capacity to support the Cloud Infrastructure Services pipeline.

Akamai’s Rank Adds a Caution SignalAkamai currently carries a Zacks Rank #4 (Sell), alongside a Value Score of D, Growth Score of F, Momentum Score of A and VGM Score of D. The Momentum Score indicates favorable recent momentum characteristics, but the weaker Value, Growth and VGM Scores point to less favorable characteristics across those styles.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Style Score framework treats the Zacks Rank as the first step in stock selection and states that investors should not buy a stock with a Zacks Rank #4 or #5 even if it has an A or B Style Score. The framework also emphasizes that Style Scores are designed to complement the Zacks Rank rather than replace it.

Akamai’s Q2 results strengthen the case for AI infrastructure and cybersecurity as growth drivers. However, Delivery declines, margin pressure and substantial investment requirements remain material offsets. The earnings update supports monitoring the AI growth trajectory while waiting for clearer evidence that the new businesses can translate into sustained earnings growth.

Posted by Defense World Staff on Aug 11th, 2026

Akamai Technologies, Inc. (NASDAQ:AKAM – Get Free Report) traded up 7.7% on Monday after UBS Group raised their price target on the stock from $125.00 to $143.00. UBS Group currently has a neutral rating on the stock. Akamai Technologies traded as high as $117.20 and last traded at $119.0670. Approximately 728,942 shares traded hands during trading, a decline of 84% from the average daily volume of 4,698,926 shares. The stock had previously closed at $110.54.

Other research analysts have also issued research reports about the company. Craig Hallum raised Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a report on Friday, May 8th. Bank of America raised Akamai Technologies from a “neutral” rating to a “buy” rating and upped their target price for the stock from $130.00 to $175.00 in a research report on Wednesday, May 13th. Morgan Stanley increased their price target on Akamai Technologies from $120.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Zacks Research upgraded Akamai Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Finally, Guggenheim lifted their price target on shares of Akamai Technologies from $181.00 to $190.00 and gave the company a “buy” rating in a research report on Friday. Twelve equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $141.38.

Check Out Our Latest Stock Report on AKAM

Insider Activity In other Akamai Technologies news, CTO Robert Blumofe sold 243 shares of Akamai Technologies stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total value of $31,446.63. Following the transaction, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at $4,012,486.46. The trade was a 0.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the transaction, the executive vice president owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. This trade represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is currently owned by insiders.

Akamai Technologies News Summary Here are the key news stories impacting Akamai Technologies this week:

Positive Sentiment: Jim Cramer highlighted Akamai’s business transformation, including its cloud pivot and potential benefits from supporting robotics and AI workloads. The commentary reinforces the view that Akamai could achieve faster growth from higher-value infrastructure services. Jim Cramer Examines Akamai Technologies’ Cloud Pivot and Robotics Win Positive Sentiment: Some analysts remain constructive: Susquehanna retained a positive rating despite reducing its price target to $140, while separate coverage raised Akamai price targets to $140 and $190. The targets imply meaningful potential upside from the latest quoted share price. Susquehanna Akamai Price Target Akamai Price Target Raised to $140 Akamai Price Target Raised to $190 Neutral Sentiment: Akamai’s latest earnings showed a modest quarterly beat, with adjusted earnings of $1.59 per share versus $1.57 expected and revenue of approximately $1.10 billion versus $1.09 billion expected. Revenue increased 5.4% year over year, though the AI and cloud expansion requires substantial investment. Akamai Earnings Call: Heavy Investment Fuels AI Pivot Negative Sentiment: Analyst caution remains a headwind. HSBC reportedly cut its rating, while Piper Sandler and Royal Bank of Canada lowered their price targets to $140 and $135, respectively. An earlier analyst downgrade contributed to a sharp selloff, underscoring concerns about valuation and the pace of growth. HSBC Rating Cut Piper Sandler Cuts Price Target RBC Cuts Price Target Hedge Funds Weigh In On Akamai Technologies Large investors have recently bought and sold shares of the stock. Norges Bank bought a new position in shares of Akamai Technologies during the 4th quarter worth about $192,959,000. Edmond DE Rothschild Holding S.A. bought a new stake in shares of Akamai Technologies in the second quarter valued at about $222,046,000. AQR Capital Management LLC grew its position in Akamai Technologies by 522.8% during the third quarter. AQR Capital Management LLC now owns 2,020,346 shares of the technology infrastructure company’s stock worth $153,061,000 after buying an additional 1,695,937 shares in the last quarter. Alyeska Investment Group L.P. grew its position in Akamai Technologies by 570.0% during the third quarter. Alyeska Investment Group L.P. now owns 1,634,040 shares of the technology infrastructure company’s stock worth $123,795,000 after buying an additional 1,390,167 shares in the last quarter. Finally, Rubric Capital Management LP bought a new position in Akamai Technologies during the fourth quarter valued at about $104,700,000. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Akamai Technologies Stock Up 6.4% The firm has a 50 day moving average of $124.04 and a 200-day moving average of $116.15. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 2.06. The stock has a market capitalization of $17.10 billion, a P/E ratio of 42.32, a price-to-earnings-growth ratio of 4.69 and a beta of 0.63.

Akamai Technologies (NASDAQ:AKAM – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.02. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter last year, the company earned $1.73 EPS. The company’s quarterly revenue was up 5.4% on a year-over-year basis. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. On average, equities research analysts expect that Akamai Technologies, Inc. will post 3.91 earnings per share for the current fiscal year.

Akamai Technologies Company Profile (Get Free Report)

Akamai Technologies, Inc is a leading provider of content delivery network (CDN) services and cloud security solutions designed to optimize and safeguard digital experiences. Leveraging a globally distributed platform, the company accelerates web and mobile content delivery for enterprises, media companies, e-commerce platforms and government agencies. Its edge computing architecture brings processing power closer to end users, reducing latency and improving application performance across geographies.

The company’s core offerings include content acceleration, web and mobile performance optimization, media delivery, and a suite of cybersecurity solutions that protect against DDoS attacks, application-layer threats and bot-driven fraud.

Featured Articles Five stocks we like better than Akamai Technologies SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat 3 Dividend Champion Utilities for a Market That Can’t Sit Still These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI First Solar’s Profit Engine Faces a New Policy Test in Washington Receive News & Ratings for Akamai Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Akamai Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINESMC (OTCMKTS:SMCAY) Shares Gap Up on Strong Earnings

NEXT HEADLINE »York Space Systems (NYSE:YSS) Reaches New 1-Year Low After Insider Selling

Akamai Technologies, Inc. reported Q2 results nearly in line with Wall Street's expectations. Growth remains good, mixed between slowing Delivery revenues but an accelerating outlook in the CIS segment. AKAM's margin pressure has continued, accelerated by upfront CIS investments.

Akamai Technologies announces a new cloud infrastructure services contract worth more than $600 million. Second-quarter adjusted earnings top estimates.

MIAMI--(BUSINESS WIRE)--T-REX, a joint venture between REX Shares (“REX”) and Tuttle Capital Management (“TCM”), today announce the launch of three new leveraged ETFs: the T-REX 2X Long AKAM Daily Target ETF (Cboe: AKAL), the T-REX 2X Long DOCN Daily Target ETF (Cboe: OCNL), and the T-REX 2X Long PENG Daily Target ETF (Cboe: PENU).

AKAL seeks 200% of the daily performance of Akamai Technologies (Nasdaq: AKAM), the cloud security and content delivery company that powers and protects much of the internet.

OCNL seeks 200% of the daily performance of DigitalOcean (NYSE: DOCN), the cloud computing platform built for developers, startups, and growing businesses.

PENU seeks 200% of the daily performance of Penguin Solutions (Nasdaq: PENG), an AI and high-performance computing infrastructure company.

“The AI buildout doesn’t stop at chips – it runs on the cloud, the networks, and the systems behind them,” said Greg King, Founder and CEO of REX. “AKAL, OCNL, and PENU give traders 2x daily long exposure to three of the companies powering that infrastructure.”

“One theme, three of the names driving it,” added Matt Tuttle, CEO and CIO of TCM. “AKAL, OCNL, and PENU are designed to give traders a 2x daily tool to express a high-conviction view on Akamai, DigitalOcean, or Penguin Solutions.”

Investing in the Funds is not equivalent to investing directly in AKAM, DOCN, or PENG.

For full fund information, holdings, and risk disclosures, visit rexshares.com.

About T-REX

T-REX is a joint venture between REX Shares and Tuttle Capital Management. T-REX is redefining single-stock ETFs with first-to-market leveraged and inverse exposures. Built to deliver 2x and -2x daily performance on some of the market’s most dynamic companies, T-REX funds give traders powerful tools to express high-conviction views. From being the first to launch 2x and -2x ETFs on Tesla (TSLT) and Nvidia (NVDX), to pioneering 2x leveraged exposure to the SK Hynix ADR (HYNX), T-REX continues to set the pace in ETF innovation. With more than 40 products already trading, the suite is constantly expanding to meet evolving investor demand for tactical, high-impact exposures. For more information, visit rexshares.com.

About REX Shares

REX Shares offers a suite of exchange-traded products built for both active traders and long-term investors, spanning income, leveraged, thematic, and crypto strategies. Whether making short-term trades, generating income from volatility, or investing in digital assets and emerging themes like drones, REX empowers investors to act on strong market views. For more information, please visit rexshares.com.

About Tuttle Capital Management

Tuttle Capital Management is a leader in thematic and actively managed ETFs, leveraging an agile investment approach to align with market trends. Please visit www.tuttlecap.com for more information.

Investing in the funds involves significant risk and is for sophisticated investors. The Funds are not suitable for all investors. The Funds are designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. The Funds are not intended to be used by, and are not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, a Fund will lose money if the underlying stock’s performance is flat, and it is possible that a Fund will lose money even if the underlying stock’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price of the underlying stock falls by more than 50% in one trading day.

These ETFs do not invest directly in the referenced asset and have a higher degree of risk since they are seeking to track a single stock or asset.

Investors should consider the investment objectives, risk, charges, and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the T-REX ETFs please call 1-844-802-4004 or visit our website at rexshares.com. Read the prospectus and summary prospectus carefully before investing.

There is no guarantee that the Funds will achieve their investment objectives. Investing involves risk, including possible loss of principal.

Important Risks

Investing in a T-REX ETF may be more volatile than investing in broadly diversified funds. The use of leverage by a Fund increases the risk to the Fund. The T-REX ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged, or daily inverse leveraged, investment results and intend to actively monitor and manage their investment.

An investment in the Fund entails risk. The Fund may not achieve its leveraged investment objective and there is a risk that you could lose all of your money invested in the Fund. The Fund is not a complete investment program. In addition, the Fund presents risks not traditionally associated with other mutual funds and ETFs. It is important that investors closely review all of the risks listed below and understand them before making an investment in the Fund.

Effects of Compounding and Market Volatility Risk. The Funds have a daily leveraged investment objective and the Fund’s performance for periods greater than a trading day will be the result of each day’s returns compounded over the period, which is very likely to differ from 200% of the underlying’s performance, before fees and expenses. Compounding affects all investments, but has a more significant impact on funds that are leveraged and that rebalance daily and becomes more pronounced as volatility and holding periods increase. The impact of compounding will impact each shareholder differently depending on the period of time an investment in the Fund is held and the volatility of the underlying stock during the shareholder’s holding period of an investment in the Fund.

Leverage Risk. The Funds obtain investment exposure in excess of their net assets by utilizing leverage and may lose more money in market conditions that are adverse to their investment objective than a fund that does not utilize leverage. An investment in these Funds is exposed to the risk that a decline in the daily performance of the underlying stock will be magnified. This means that an investment in a Fund will be reduced by an amount equal to 2% for every 1% daily decline in the underlying, not including the costs of financing leverage and other operating expenses, which would further reduce its value.

Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. Investing in derivatives may be considered aggressive and may expose the Fund to greater risks, and may result in larger losses or smaller gains, than investing directly in the reference assets underlying those derivatives, which may prevent the Fund from achieving its investment objective.

Swap Agreements. Swap agreements are entered into primarily with major global financial institutions for a specified period which may range from one day to more than one year. In a standard swap transaction, two parties agree to exchange the return (or differentials in rates of return) earned or realized on particular predetermined reference or underlying securities or instruments. Swap agreements are generally traded over-the-counter, and therefore, may not receive regulatory protection, which may expose investors to significant losses.

Rebalancing Risk. If for any reason the Fund is unable to rebalance all or a part of its portfolio, or if all or a portion of the portfolio is rebalanced incorrectly, the Fund’s investment exposure may not be consistent with its investment objective. In these instances, the Fund may have investment exposure to the underlying stock that is significantly greater or significantly less than its stated multiple. The Fund may be more exposed to leverage risk than if it had been properly rebalanced and may not achieve its investment objective, leading to significantly greater losses or reduced gains.

Counterparty Risk. A counterparty may be unwilling or unable to make timely payments to meet its contractual obligations or may fail to return holdings that are subject to the agreement with the counterparty.

Liquidity Risk. Holdings of the Funds may be difficult to buy or sell or may be illiquid, particularly during times of market turmoil. Illiquid securities may be difficult to value, especially in changing or volatile markets. If the Fund is forced to buy or sell an illiquid security or derivative instrument at an unfavorable time or price, the Fund may be adversely impacted. There is no assurance that a security or derivative instrument that is deemed liquid when purchased will continue to be liquid. Market illiquidity may cause losses for the Fund.

Non-Diversification Risk. The Fund is classified as “non-diversified” under the Investment Company Act of 1940, as amended. This means it has the ability to invest a relatively high percentage of its assets in the securities of a small number of issuers or in financial instruments with a single counterparty or a few counterparties.

New Fund Risk. As of the date of this press release, the Fund has no operating history and currently has fewer assets than larger funds.

Underlying Security Investing Risk. Issuer-specific attributes may cause an investment held by the Fund to be more volatile than the market generally. The value of an individual security or particular type of security may be more volatile than the market as a whole and may perform differently from the value of the market as a whole.

The Funds’ investment adviser will not attempt to position each Fund’s portfolio to ensure that a Fund does not gain or lose more than a maximum percentage of its net asset value on a given trading day. As a consequence, if a Fund’s underlying security moves more than 50%, as applicable, on a given trading day in a direction adverse to the Fund, the Fund’s investors would lose all of their money.

Distributor: Foreside Fund Services, LLC, member FINRA, not affiliated with REX Shares or the Funds’ investment adviser.

Akamai Technologies, Inc. (AKAM) Q2 2026 Earnings Call Transcript

Akamai Technologies (AKAM - Free Report) came out with quarterly earnings of $1.59 per share, beating the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.73 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +0.63%. A quarter ago, it was expected that this cloud services provider would post earnings of $1.61 per share when it actually produced earnings of $1.61, delivering no surprise.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Akamai Technologies, which belongs to the Zacks Internet - Services industry, posted revenues of $1.1 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.71%. This compares to year-ago revenues of $1.04 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Akamai Technologies shares have added about 40.1% since the beginning of the year versus the S&P 500's gain of 12.8%.

What's Next for Akamai Technologies?While Akamai Technologies has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Akamai Technologies was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.67 on $1.13 billion in revenues for the coming quarter and $6.72 on $4.49 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Services is currently in the bottom 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Marchex (MCHX - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 12.

This advertising and marketing company is expected to post quarterly earnings of $0.02 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Marchex's revenues are expected to be $11.19 million, down 4% from the year-ago quarter.

Forget The Chips? Cloud Stocks Are The New Hardware Akamai Technologies NASDAQ: AKAM reported second-quarter 2026 revenue growth of 5% and highlighted expanding demand for its cloud infrastructure services and security offerings as enterprises deploy artificial intelligence workloads.

Get Akamai Technologies alerts:

Chief Executive Officer Tom Leighton said the company signed a four-year commitment worth more than $600 million with a U.S.-based technology company to provide cloud infrastructure services for robotics development. The deal brought Akamai’s total volume of multi-year cloud infrastructure commitments signed so far in 2026 to more than $2.8 billion.

Cybersecurity Demand Is High—Yet This ETF Is on Sale“Akamai continues to build momentum and gain wide industry recognition as a key infrastructure provider for the AI-driven economy,” Leighton said. The company expects the new robotics customer to have no material revenue effect in 2026, with revenue expected to ramp fully during 2027.

Second-Quarter Results Chief Financial Officer Ed McGowan said second-quarter revenue was $1.1 billion, up 5% year over year on both a reported and constant-currency basis.

Cloud infrastructure services revenue was $99 million, rising 39% year over year. Security revenue totaled $604 million, up 10% as reported and 9% in constant currency. Delivery and other cloud applications revenue was $396 million, down 6% as reported and 5% in constant currency. International revenue was $549 million, up 6% as reported and representing about half of total quarterly revenue. Akamai: AI Tailwinds Drive Edge Computing and Security GrowthNon-GAAP net income was $236 million, or $1.59 per diluted share, down 8% from a year earlier. Akamai’s non-GAAP operating margin was 25% for the quarter. McGowan said earnings reflected increased co-location investments, depreciation and headcount expenses intended to support growth in cloud infrastructure services.

Capital expenditures were $347 million, or 32% of revenue, below the company’s prior expectations because certain GPU shipments arrived several weeks after the quarter ended. The delayed equipment spending shifted principally into the third quarter.

Cloud Capacity, AI Demand and Investment Akamai said all of its available GPU capacity is sold out. McGowan said the company plans to invest up to $500 million to replenish and expand GPU capacity, including roughly $60 million during 2026 and the remainder in early 2027.

The company said customers increasingly seek to reserve capacity months in advance under arrangements comparable to cloud reserved instances. Management said large cloud infrastructure contracts generally take six to nine months from signing to revenue recognition, as equipment is procured, data-center capacity is prepared and systems are deployed.

McGowan said Akamai expects cloud infrastructure services revenue to accelerate meaningfully in the fourth quarter and continue accelerating in 2027. The company expects its overall revenue growth rate to move from single digits in 2026 to the low teens in 2027, supported by signed commitments and its pipeline.

Management said the company’s distributed network, which spans more than 700 cities in 130 countries, supports AI inference workloads that require lower latency or proximity to data and users. Leighton cited robotics as an example where video processing and rapid response times can make edge-based inference useful. He said Akamai is not focused on training giant foundation models, but can support the usage of models and training of medium or smaller models.

Akamai said large-scale cloud infrastructure contracts in its signed business and active pipeline have non-GAAP cash gross margins ranging from the mid-60% range to the mid-70% range. After hardware depreciation and other operating expenses, management said such contracts typically produce non-GAAP operating margins from the low-to-mid-20% range through the low 30% range.

Security Business and LayerX Acquisition Security growth was driven by demand for Akamai’s Web Application Firewall, API Security and Guardicore Segmentation products, according to Leighton. He said customers are seeking protection against vulnerabilities and larger attacks associated with greater adoption of AI tools and models.

The company cited a $14 million upgrade from one of the world’s largest banks to secure all of its applications, as well as a security and cloud infrastructure services renewal upgrade worth more than $20 million over two years with a large telecommunications provider.

Akamai also said CrowdStrike switched to Akamai for web security and content delivery. Leighton said CrowdStrike had been dissatisfied with inconsistent service from its prior provider.

On July 2, Akamai completed its acquisition of LayerX for approximately $205 million. The business has been rebranded as Akamai Workforce Protector and is intended to provide visibility and controls for enterprise browser activity, SaaS usage, file uploads and AI prompts. McGowan said the acquisition is not expected to have a material effect on 2026 revenue but is expected to reduce non-GAAP earnings per share by about $0.12 for the year, split evenly between the third and fourth quarters.

Akamai expects its security portfolio to generate more than $2.4 billion in revenue during 2026, Leighton said.

Guidance and Capital Allocation For the third quarter, Akamai forecast revenue of $1.105 billion to $1.13 billion, representing reported growth of 5% to 7%. The company projected non-GAAP earnings per share of $1.60 to $1.80 and a non-GAAP operating margin of approximately 24% to 26%.

Third-quarter capital expenditures are expected to range from $475 million to $525 million, or about 43% to 46% of revenue, as the company absorbs delayed GPU shipments and builds capacity for recently announced contracts.

For full-year 2026, Akamai forecast revenue of $4.445 billion to $4.53 billion, up 6% to 8% as reported. It maintained expectations for cloud infrastructure services growth of at least 50% in constant currency, high-single-digit constant-currency security growth, and a mid-single-digit decline in delivery and other cloud applications revenue. Full-year non-GAAP earnings per share are expected to be $6.40 to $7.05.

In May, Akamai raised $3.5 billion through two tranches of zero-coupon convertible debt due in 2030 and 2032. The company ended the quarter with approximately $4.6 billion in cash equivalents and marketable securities. It repurchased roughly 3 million shares for approximately $410 million during the quarter, but said it is temporarily pausing share repurchases to direct capital toward cloud infrastructure growth.

About Akamai Technologies (NASDAQ:AKAM)Akamai Technologies, Inc is a leading provider of content delivery network (CDN) services and cloud security solutions designed to optimize and safeguard digital experiences. Leveraging a globally distributed platform, the company accelerates web and mobile content delivery for enterprises, media companies, e-commerce platforms and government agencies. Its edge computing architecture brings processing power closer to end users, reducing latency and improving application performance across geographies.

The company's core offerings include content acceleration, web and mobile performance optimization, media delivery, and a suite of cybersecurity solutions that protect against DDoS attacks, application-layer threats and bot-driven fraud.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Should You Invest $1,000 in Akamai Technologies Right Now?Before you consider Akamai Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Akamai Technologies wasn't on the list.

While Akamai Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries.

"Physical AI" is coming to the United States, and there are four ways that investors can gain exposure to this new robotics revolution. Plus, learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.

Get This Free Report

Key takeaways

The rise of the “AI power user”: Although AI has expanded across every business function, risk is heavily concentrated. A highly active group of power users are driving the vast majority of enterprise AI exposure.The dominance of “shadow AI”: Security teams are suffering from a severe visibility gap, focusing heavily on a few approved platforms while a massive “long tail” of unmanaged apps runs silently beneath the surface.The emergence of AI-native attack vectors: The new report details three novel threat methodologies discovered by researchers in 2026 that bypass traditional perimeter defenses entirely.
CAMBRIDGE, Mass., Aug. 05, 2026 (GLOBE NEWSWIRE) --

Akamai (NASDAQ: AKAM) released a new State of the Internet (SOTI) security report today that details how rogue browser extensions and vulnerable autonomous agents are actively expanding the enterprise threat surface. The Enterprise AI Usage Risk Report 2026 reveals how decentralized shadow AI, highly active AI power users, and silent browser extensions are exposing critical corporate assets to entirely new classes of cyber risk.

The report tracks a profound shift in corporate AI adoption. What began in early 2025 as cautious experimentation has solidified into a structural mandate. However, this rapid integration has outpaced traditional security guardrails.

“AI is no longer just a productivity booster; it is a collaborative colleague with direct access to the corporate crown jewels,” said Or Eshed, Vice President, Enterprise Security Product and Engineering of Akamai. “Traditional data loss prevention tools were built for an era of file transfers and emails. Today, sensitive corporate data is being systematically fragmented across millions of fluid prompts, unmanaged personal accounts, and autonomous AI agents. Security leaders must pivot from trying to block AI to continuously governing how it operates at the interaction level.”

Emerging AI-native attack vectors

The report details three novel threat methodologies discovered by researchers in 2026 that bypass traditional perimeter defenses entirely.

Vibe hacking: Attackers covertly manipulate local markdown instruction files within a developer’s environment. This subtle modification tricks frontier coding assistants into generating insecure outputs or executing unauthorized actions — mimicking a developer’s normal workflow.CursorJacking: Rogue browser extensions exploit broad permissions to silently harvest API keys, proprietary codebases, and conversational history directly from the browser environment. This is a high-impact exploit targeting popular AI coding assistants (like Cursor).CometJacking: By embedding malicious instructions on a public web page, attackers use indirect prompt injection to manipulate the user’s local AI agent. The compromised agent can then exfiltrate local files, emails, and session credentials without the user’s knowledge. This threat targets agentic browsers like Perplexity’s Comet AI.
The 2026 CISO roadmap to secure AI

To capture the economic benefits of AI without exposing critical data, Akamai’s report outlines five core mitigation strategies for modern CISOs.

Target AI power users: Target telemetry, monitoring, and tailored coaching toward the 5% of high-risk employees who are driving the majority of interactive AI prompts.Eliminate shadow AI: Force single sign-on (SSO) federation across all platforms and continuously discover the long tail of niche AI software as a service (SaaS) tools.Inspect the interaction layer: Transition from static DLP to real-time, contextual analysis of prompts, copy/paste buffers, and document uploads.Vet browser and IDE extensions: Treat extensions as highly privileged software. Almost 75% of AI extensions demand high or critical permissions, and 16.3% contain known CVEs.Secure AI agents: Establish strict, least-privilege boundaries and behavioral monitoring for autonomous AI agents that act on behalf of employees.
Now in their 12th year, Akamai’s SOTI reports continue to offer critical insights on cybersecurity trends and web performance, drawn from attacks viewed across Akamai’s cybersecurity infrastructure, which handles a significant portion of global web traffic.

About Akamai

Akamai is the cybersecurity and cloud computing company that powers and protects business online. Our market-leading security solutions, superior threat intelligence, and global operations team provide defense in depth to safeguard enterprise data and applications everywhere. Akamai’s full-stack cloud computing solutions deliver performance and affordability on the world’s most distributed platform. Global enterprises trust Akamai to provide the industry-leading reliability, scale, and expertise they need to grow their business with confidence. Learn more at akamai.com and akamai.com/blog, or follow Akamai Technologies on X and LinkedIn.

Contacts
Akamai Media Relations
[email protected]

Akamai Investor Relations
[email protected]

Key Takeaways Akamai is expected to post year-over-year revenue growth in second-quarter 2026 results.AKAM expanded API security and AI security offerings by partnering with Arrow Electronics to widen reach.AKAM faces pressure from legacy delivery weakness, higher investments and softer enterprise spending. Akamai Technologies, Inc. (AKAM - Free Report) is set to report second-quarter 2026 results on Aug. 6, after the closing bell. It pulled off a trailing four-quarter earnings surprise of 7.54% on average, beating estimates on the previous three occasions and matching once.

The company is expected to record year-over-year revenue growth, supported by strength in its cybersecurity and cloud businesses. However, higher investments and continued weakness in its legacy content delivery business are likely to have weighed on margins and profitability.

Factors at PlayDuring the second quarter of 2026, Akamai introduced Security Posture Center and Code-to-Runtime Mapping to strengthen its API Security offerings. The enhanced capabilities are expected to have boosted demand for the company's API security solutions by improving API visibility and threat protection, supporting incremental revenue growth.

Akamai expanded its go-to-market reach through a partnership with Arrow Electronics during the quarter under review. The collaboration is expected to have broadened its distribution network, expanded its enterprise reach and strengthened sales opportunities for its cybersecurity and cloud solutions.

During the quarter, the company further enhanced its artificial intelligence (AI) security portfolio with the launch of Agentic Security Framework. The new solution is expected to have encouraged early enterprise adoption of AI security capabilities, reinforcing Akamai's position in the fast-growing market for secure AI-driven applications, making a positive impact on revenues.

However, Akamai's performance during the to-be-reported quarter is likely to have remained under pressure with continued weakness in its legacy content delivery business and higher investments in cloud infrastructure, AI and security offerings. Uncertain macroeconomic conditions and cautious enterprise spending might have limited its customer demand and affected its bottom line.

For the June quarter, the Zacks Consensus Estimate for revenues is pegged at $1.09 billion, indicating year-over-year growth from $1.04 billion. The consensus estimate for adjusted earnings per share is pegged at $1.58, indicating a decline from $1.73 reported a year ago.

Earnings WhispersOur proven model does not predict an earnings beat for Akamai for the second quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that is not the case here.

Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is -2.96%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: Akamai carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.

Stocks to ConsiderHere are some stocks you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season:

Sandisk Corporation (SNDK - Free Report) has an Earnings ESP of +4.13% and sports a Zacks Rank #1 at present. It is set to release its fourth-quarter fiscal 2026 numbers on Aug. 5.

The Earnings ESP for Motorola Solutions, Inc. (MSI - Free Report) is +0.52%, and it carries a Zacks Rank of 2 at present. The company is scheduled to report second-quarter 2026 numbers on Aug. 5.

The Earnings ESP for Analog Devices, Inc. (ADI - Free Report) is +2.37%, and it carries a Zacks Rank of 2 at present. The company is scheduled to report third-quarter fiscal 2026 numbers on Aug. 19.

Akamai Technologies (AKAM - Free Report) closed the most recent trading day at $112.85, moving -2.18% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.02%. At the same time, the Dow added 0.51%, and the tech-heavy Nasdaq lost 0.18%.

Shares of the cloud services provider witnessed a gain of 1.84% over the previous month, beating the performance of the Computer and Technology sector with its loss of 4.21%, and the S&P 500's gain of 0.77%.

Investors will be eagerly watching for the performance of Akamai Technologies in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 6, 2026. The company is expected to report EPS of $1.58, down 8.67% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.09 billion, up 4.76% from the prior-year quarter.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $6.74 per share and a revenue of $4.49 billion, signifying shifts of -5.34% and +6.81%, respectively, from the last year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Akamai Technologies. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.25% lower within the past month. Currently, Akamai Technologies is carrying a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Akamai Technologies has a Forward P/E ratio of 17.12 right now. This valuation marks a premium compared to its industry average Forward P/E of 15.82.

Also, we should mention that AKAM has a PEG ratio of 2.1. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Internet - Services industry currently had an average PEG ratio of 1.79 as of yesterday's close.

The Internet - Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 176, this industry ranks in the bottom 29% of all industries, numbering over 250.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

Akamai Technologies (AKAM - Free Report) ended the recent trading session at $124.91, demonstrating a +1.45% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.89%. Elsewhere, the Dow gained 0.74%, while the tech-heavy Nasdaq added 1.29%.

Coming into today, shares of the cloud services provider had gained 1.98% in the past month. In that same time, the Computer and Technology sector lost 6.6%, while the S&P 500 lost 0.63%.

The upcoming earnings release of Akamai Technologies will be of great interest to investors. The company's earnings report is expected on August 6, 2026. The company is forecasted to report an EPS of $1.58, showcasing a 8.67% downward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $1.09 billion, showing a 4.76% escalation compared to the year-ago quarter.

AKAM's full-year Zacks Consensus Estimates are calling for earnings of $6.74 per share and revenue of $4.49 billion. These results would represent year-over-year changes of -5.34% and +6.81%, respectively.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Akamai Technologies. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.25% lower. Akamai Technologies currently has a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Akamai Technologies has a Forward P/E ratio of 18.27 right now. This represents a premium compared to its industry average Forward P/E of 17.28.

Also, we should mention that AKAM has a PEG ratio of 2.24. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Internet - Services industry held an average PEG ratio of 1.87.

The Internet - Services industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 100, positioning it in the top 41% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

Investors in Akamai Technologies, Inc. (AKAM - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Sept. 18, 2026 $45.00 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Akamai shares, but what is the fundamental picture for the company? Currently, Akamai is a Zacks Rank #3 (Hold) in the Internet - Services industry that ranks in the Top 41% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while two analysts have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $1.69 per share to $1.68 in that period.

Given the way analysts feel about Akamai right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

Key Takeaways Akamai's security revenues rose 11% year over year, driven by strong WAF, microsegmentation and API demand.AKAM won new API security customers across telecom, finance and fintech as AI and cloud adoption expanded.Akamai's security segment is projected to reach $2.43 billion in 2026 revenues, up 8.5% year over year. Akamai Technologies, Inc. (AKAM - Free Report) is witnessing solid momentum in the security segment. Revenues from the Security Technology Group were $589.8 million compared with $530.7 million in the year-ago quarter. Segment revenues beat our estimate of $578.2 million.

The 11% year over year growth is driven by multiple factors. Strong demand for web application firewall (WAF) remains a major growth catalyst. With the growth of AI infrastructure and cloud services, enterprises are facing increasingly sophisticated cyberattacks. Enterprises are deploying advanced WAF solutions to boost their defense mechanism. One of the major advantages of AKAM is that its WAF runs across 4,300 locations in 700 cities. This allows it to stop attacks at the network edge and mitigate interference on the customer’s infrastructure.

Akamai Guardicore, which provides microsegmentation that limits the movements of attackers after any security breach, is also witnessing strong adoption. Businesses are using APIs more than ever to support cloud applications and AI workloads. Securing those API has become critical for business operations. Backed by this emerging trend, Akamai has secured several API customer wins. During the first quarter, Africa’s one of the largest telecom groups, a major investment manager in South America, a leading investment bank from the Middle East and one of the largest fintech companies in the United States have opted to deploy Akamai API security solutions.

Akamai’s security segment is expected to remain its major growth engine in the upcoming quarters as well. Per our estimate, Akamai is projected to generate $2.43 billion in revenues in 2026, indicating growth of 8.5% year over year.

How Are Competitors Faring?In the cybersecurity space, Akamai faces competition from Cloudflare (NET - Free Report) and Fastly (FSLY - Free Report) . Cloudflare boasts an industry-leading web application firewall that efficiently blocks zero-day attacks and uses machine learning to improve threat detection. Cloudflare continues to expand in this space on the back of its global cloud security platform. The company entered Zero Trust integrations with companies like Atlassian, Microsoft and Sumo Logic, enabling businesses to secure tools and applications with enterprise-ready Zero Trust security.

Fastly ended the first quarter with 634 large customers, defined as those producing more than $100,000 in annualized revenues in the quarter. It continues to broaden its security and developer toolset, supporting cross-sell and higher committed revenue over time. Fastly is aligning product updates with growing AI agent activity and enterprise needs for control, security, and performance at the edge. AI-related demand is expected to be a major tailwind in the upcoming quarters.

AKAM’s Price Performance, Valuation and EstimatesAkamai shares have rallied 63.6% over the past year compared with the industry’s growth of 80.4%.

Image Source: Zacks Investment Research

Going by the price/earnings ratio, the company's shares currently trade at 18.11 forward earnings, lower than 23.71 for the industry.

Image Source: Zacks Investment Research

Earnings estimates for 2026 have remained unchanged, and for 2027, they have decreased over the past 60 days.
 

Image Source: Zacks Investment Research

Akamai stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

407 Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

CAMBRIDGE, Mass., July 09, 2026 (GLOBE NEWSWIRE) -- Akamai (NASDAQ: AKAM) has been named a Customers’ Choice in the 2026 Gartner Peer Insights Voice of the Customer for Edge Distribution Platforms.

Edge distribution platforms are highly distributed, edge-based, integrated networks and cloud delivery infrastructures that provide the following as-a-service functionality: edge compute and storage, web application and perimeter security, content and API acceleration, data and analytics, and AI application infrastructure.

The Gartner Peer Insights Customers’ Choice recognizes vendors in this market based on reviews from verified end-user professionals. The Customers’ Choice distinction takes into account both the number of reviews and the overall user ratings. To ensure fair evaluation, Gartner maintains rigorous criteria for recognizing vendors with a high customer satisfaction rate.

“As organizations scale AI inference close to users and accelerate edge native application deployments, we believe this customer-driven distinction reinforces Akamai’s role as a trusted partner for enterprises modernizing legacy applications with distributed, edge-focused architectures,” said Adam Karon, Chief Operating Officer and General Manager, Cloud Technology Group, at Akamai. “We believe it’s a reflection of our commitment to delivering world-class products with an outstanding customer experience supporting them, in service of the world’s most incredible and demanding customers.”

Akamai’s placement in the quadrant is determined directly by verified enterprise practitioners worldwide. Key data points from customers include:

Deep customer confidence: Akamai received an overall rating of 4.7 out of 5 stars based on 85 eligible published enterprise reviews.Exceptional customer satisfaction: 71% awarded Akamai a perfect 5-star rating, underscoring overwhelming satisfaction with performance consistency and enterprise controls.Strong peer endorsement: 91% of reviewing industry professionals expressed an explicit “Willingness to Recommend” Akamai’s platform to their peers.Category excellence: Akamai received a 4.7/5 score for both Product Capabilities and Deployment Experience. Testimonials from Akamai customers

Below is a sample of the testimonials from Akamai customers that contributed to the report:

“It is a robust, enterprise-grade platform with a massive global reach that delivers exactly what it promises: unmatched reliability and resilience during peak traffic periods.” — IT Manager, IT Services“Akamai CDN is a critical platform for delivering and protecting the majority of the firm’s web applications. The service is highly responsive and adapts quickly to emerging attack patterns. Akamai consistently operates effectively and reliably, delivering strong security outcomes without the unnecessary marketing fanfare.” — VP, Engineering, Finance“Akamai CDN has been a game changer for our global content delivery strategy. The platform offers unparalleled reliability and a massive edge network that significantly reduces latency for our end users.” — IT Security & Risk Management Associate, Banking
Disclaimer

Gartner and Peer Insights are trademarks of Gartner, Inc. and/or its affiliates. The Gartner Peer Insights Customers’ Choice badge is a trademark and service mark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose. Gartner, Voice of the Customer for Edge Distribution Platforms, Peer Community Contributor, June 30, 2026.

About Akamai
Akamai is the cybersecurity and cloud computing company that powers and protects business online. Our market-leading security solutions, superior threat intelligence, and global operations team provide defense in depth to safeguard enterprise data and applications everywhere. Akamai’s full-stack cloud computing solutions deliver performance and affordability on the world’s most distributed platform. Global enterprises trust Akamai to provide the industry-leading reliability, scale, and expertise they need to grow their business with confidence. Learn more at

akamai.com and

akamai.com/blog, or follow Akamai Technologies on

X and

LinkedIn.

Contacts
Akamai Media Relations

[email protected] Investor Relations

[email protected] This press release was published by a CLEAR® Verified individual.

CAMBRIDGE, Mass., July 02, 2026 (GLOBE NEWSWIRE) -- Akamai Technologies, Inc. (NASDAQ: AKAM) announces the company has completed its acquisition of secure enterprise browser provider and AI usage control leader LayerX. On May 14, Akamai announced an agreement between the two parties for Akamai to acquire LayerX in exchange for approximately US$205 million.

LayerX offers a browser security platform that allows enterprises to add protections to their preferred, existing browsers. It enables security teams to have greater visibility into how users interact with web content, prompts, file uploads, and SaaS applications both within and outside the browser. The acquisition will build on Akamai’s investment in its Zero Trust platform, which includes market-leading segmentation, Zero Trust Network Access (ZTNA), and DNS security solutions, already trusted by thousands of global customers. By leveraging Akamai’s massive, globally distributed network, the combined solution will create a workforce security solution that addresses a need to govern and secure how employees, partners, and supply chain ecosystems interact with AI applications.

For more information, visit the Akamai Zero Trust solutions page.

About Akamai
Akamai is the cybersecurity and cloud computing company that powers and protects business online. Our market-leading security solutions, superior threat intelligence, and global operations team provide defense in depth to safeguard enterprise data and applications everywhere. Akamai’s full-stack cloud computing solutions deliver performance and affordability on the world’s most distributed platform. Global enterprises trust Akamai to provide the industry-leading reliability, scale, and expertise they need to grow their business with confidence. Learn more at akamai.com and akamai.com/blog, or follow Akamai Technologies on X and LinkedIn.

Akamai Statement Under the Private Securities Litigation Reform Act
This press release contains statements that are not statements of historical fact and constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995, including, but not limited to, statements about product success and other benefits of the transaction to Akamai. Each of the forward-looking statements is subject to change as a result of various important factors, many of which are beyond Akamai’s control, including, but not limited to: Akamai’s inability to achieve the expected benefits of the transaction; challenges integrating LayerX’s business, employees, and technology; and effects of competition. The forward-looking statements contained herein are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, Akamai disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

Contacts
Johanna Schmitt
Akamai Media Relations
[email protected]

Akamai Investor Relations
[email protected]

Akamai Technologies (AKAM - Free Report) closed the most recent trading day at $112.81, moving -4.57% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.22% for the day. Elsewhere, the Dow saw a downswing of 0.03%, while the tech-heavy Nasdaq depreciated by 0.66%.

The stock of cloud services provider has fallen by 26.27% in the past month, lagging the Computer and Technology sector's loss of 2.58% and the S&P 500's loss of 1.21%.

Analysts and investors alike will be keeping a close eye on the performance of Akamai Technologies in its upcoming earnings disclosure. In that report, analysts expect Akamai Technologies to post earnings of $1.58 per share. This would mark a year-over-year decline of 8.67%. Meanwhile, the latest consensus estimate predicts the revenue to be $1.09 billion, indicating a 4.75% increase compared to the same quarter of the previous year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $6.75 per share and revenue of $4.49 billion. These totals would mark changes of -5.2% and +6.8%, respectively, from last year.

Investors should also take note of any recent adjustments to analyst estimates for Akamai Technologies. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.92% higher. Akamai Technologies is holding a Zacks Rank of #5 (Strong Sell) right now.

Investors should also note Akamai Technologies's current valuation metrics, including its Forward P/E ratio of 17.51. This denotes a premium relative to the industry average Forward P/E of 14.8.

Also, we should mention that AKAM has a PEG ratio of 2.15. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Internet - Services industry had an average PEG ratio of 1.61 as trading concluded yesterday.

The Internet - Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 159, which puts it in the bottom 36% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

Akamai Technologies (AKAM - Free Report) closed the most recent trading day at $112.89, moving -5.52% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.01% for the day. On the other hand, the Dow registered a gain of 0.14%, and the technology-centric Nasdaq decreased by 0.46%.

Heading into today, shares of the cloud services provider had lost 17.28% over the past month, lagging the Computer and Technology sector's loss of 2.57% and the S&P 500's loss of 1.4%.

Analysts and investors alike will be keeping a close eye on the performance of Akamai Technologies in its upcoming earnings disclosure. On that day, Akamai Technologies is projected to report earnings of $1.59 per share, which would represent a year-over-year decline of 8.09%. Our most recent consensus estimate is calling for quarterly revenue of $1.09 billion, up 4.75% from the year-ago period.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.76 per share and a revenue of $4.49 billion, indicating changes of -5.06% and +6.8%, respectively, from the former year.

Investors should also take note of any recent adjustments to analyst estimates for Akamai Technologies. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.09% higher. As of now, Akamai Technologies holds a Zacks Rank of #5 (Strong Sell).

With respect to valuation, Akamai Technologies is currently being traded at a Forward P/E ratio of 17.69. For comparison, its industry has an average Forward P/E of 14.42, which means Akamai Technologies is trading at a premium to the group.

Meanwhile, AKAM's PEG ratio is currently 2.17. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Internet - Services stocks are, on average, holding a PEG ratio of 1.52 based on yesterday's closing prices.

The Internet - Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 167, finds itself in the bottom 32% echelons of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow AKAM in the coming trading sessions, be sure to utilize Zacks.com.

) as the Bear of the Day on June 2 after their March quarter earnings report seemed to overcome several years of pessimism below $120 and make new highs above $160. In my "bottom line" I wrote...

"If you took a shot at AKAM shares under $80 last year when it was priced for failure, maybe it's a good time to take some profits now that they're priced for perfection."

That turned out to be good advice.

Because since then not only has the stock fallen back to $130, but analysts have been adjusting estimates lower with the most recent Zacks EPS Consensus coming down to $6.65, near the lower end of the company's guidance of $6.40 to $7.15.

Akamai is a $19 billion global provider of content delivery networks (CDN), cybersecurity and cloud infrastructure services.

The company’s solutions accelerate and improve the delivery of content over the Internet, enabling faster response to requests for web pages, streaming of video & audio, and business applications.

Its offerings are intended to reduce the impact of traffic congestion, bandwidth constraints and capacity limitations on customers, with the data-hog of high-definition video a particular specialty.

For more background on the company's troubled efforts to compete in the AI economy, see my June 2 report: AKAM Bear of the Day.

$1.8 Billion AI Infrastructure Deal

After AKAM's Q1 report, Bank of America analyst Tal Liani upgraded the stock to Buy from Neutral and raised his price target to $175 from $130. Liani noted...

“The story has shifted from a legacy delivery network to a credible AI infrastructure platform. Large cloud infrastructure wins, including a $1.8 billion, 7-year deal, signal real demand for distributed AI, not just narrative.”

In their Q1 presentation, Akamai announced that a "leading frontier model provider" had committed $1.8 billion for its cloud infrastructure services over seven years.

Bloomberg later reported that the customer was AI startup Anthropic, though neither company publicly confirmed the report.

Liani estimates the agreement will contribute between $20 million and $25 million in quarterly revenue beginning in the fourth quarter.

The Bank of America team acknowledged that Akamai’s AI expansion will require substantial investment, citing that capital expenditures could rise to as much as $825 million over the next year as the company expands infrastructure capacity.

Consequently, free cash flow is projected to decline nearly 48% in 2026 before recovering in subsequent years.

Analysts and Investors Remain Optimistic

In late May, Akamai was able to raise $3.5 billion through a convertible bond offering. And the company also announced a $350 million share buyback.

With the stock holding up well above $150, it appears investors still like the resurgent Akamai story.

And at least four investment banks agree with Guggenheim Securities raising their price target to $181 from $133 and Craig-Hallum jumping from $100 to a $190 objective.

Morgan Stanley and Susquehanna raised their price targets to $165 and $175, respectively.

But some pessimism persists as Goldman Sachs reiterated their Strong Sell rating while raising their target from $76 to $87 after the Q1 report.

The optimists are probably focused on Akamai's strong footprint in monitoring, preventing, and mitigating cyber attacks. The company recently cited their research data identifying these threat metrics for financial services:

738% longer DDoS durations since 2024
147% rise in advanced bots
96% of banks faced API incidents
60–83% of web/API attacks hit banking

Bottom line: While the growth story is turning around amid new datacenter opportunities and initiatives in cybersecurity, it's a slow grind from here as the Goldman team believes. Until the growth estimates stabilize and start heading higher -- the Zacks Rank will let you know -- we could still see a gap fill back to $120 support.

June 15, 2026 06:29 ET  | Source: Akamai Technologies, Inc.

Unified framework secures and scales interactions across the emerging AI-driven economyKnow Your Agent protocol verifies identity and human attribution by linking AI agents to authorized human usersReal-time decisioning layer connects identity and behavior to automate secure digital commerceDistributed edge enforcement protects performance while validating every automated requestEnhanced visibility allows organizations to distinguish, manage, and monetize agentic traffic
CAMBRIDGE, Mass., June 15, 2026 (GLOBE NEWSWIRE) -- As AI agents increasingly act on behalf of users, every request raises critical questions of identity, intent, and trust. To address this, Akamai (NASDAQ: AKAM) today announced its unified agentic framework for its Bot & Agent Control solutions, which connects identity, observability, trust, and edge security into a single, real-time decisioning layer to power scalable AI-driven interactions at the edge.

Six tightly integrated pillars form the framework, which are delivered through a coordinated ecosystem of partners:

Verified identity and human attribution: Through its collaboration with Visa, Akamai is establishing a trusted foundation by authenticating AI agents for secure, permissioned transactions. Integrations with frameworks like Visa’s Trusted Agent Protocol are helping define how agents operate in payment environments, setting clearer standards for authorization, permissions, and transaction-level trust. Akamai is also collaborating with Skyfire and Experian to strengthen trusted AI agent identity through the “Know Your Agent” (KYA) framework, which provides a standardized way for agents to declare identity, origin, and intent, linking them to the platforms they operate on and the users they represent. KYA can help ensure that an AI agent is not only legitimate but is also verified as acting on behalf of a specific, authorized individual. This provides the accountability required for merchants to process automated transactions safely.“Without trusted identity and explicit permissioning, AI agents cannot participate in commerce at scale,” said Rubail Birwadker, SVP, Head of Growth Products and Partnerships, Visa. “Visa’s Trusted Agent Protocol provides the identity layer that defines how agents are authenticated, authorized, and trusted at the transaction level so businesses and consumers can transact with confidence.”

“AI agents are quickly becoming part of digital commerce, but trust will determine how far and how fast adoption grows,” said Kathleen Peters, Chief Innovation Officer at Experian. “With the Experian Agent Trust framework, we are helping businesses bring more transparency and accountability to AI-driven interactions by verifying identities, assessing risk, and strengthening confidence in every transaction. Our collaboration with Akamai and other ecosystem leaders reflects the industry’s shared commitment to building a secure foundation for agentic commerce that consumers and businesses can trust in real time.”

“AI agents can’t participate in the economy without trusted identity and the ability to transact,” said Amir Sarhangi, Co-Founder and CEO of Skyfire. “Skyfire provides that foundation — enabling agents to authenticate, operate within policy, and access global payment rails. With Akamai, we’re bringing that trust layer to the edge, so enterprises can securely enable trusted agents without re-architecting their existing systems.”

User-centric authentication: To maintain security during the handoff between a human and an AI agent, Akamai integrates with identity providers such as Auth0 and Ping Identity. These integrations allow businesses to apply existing security policies, such as behavioral analysis and multi-factor authentication, to the AI agents their customers use. This ensures that the agent’s actions remain consistent with the user’s established identity, behavior, and intent.“AI agents introduce a new trust challenge because session-based trust alone is no longer sufficient. Organizations need to understand who they represent, what agents are allowed to do, and how their actions are governed in real time,” said Loren Russon, SVP Product Management, Ping Identity. “By combining Ping’s runtime identity capabilities with Akamai’s edge enforcement and visibility, enterprises can extend identity and access controls to AI-driven interactions with stronger accountability and oversight.”

Adaptive trust analysis: The framework enables organizations to dynamically determine the trustworthiness and intent behind every interaction across browsers, bots, and agents. This shifts beyond binary decision-making toward a spectrum of trust that puts the user at the center, allowing customers to identify which interactions support business outcomes and which introduce abuse, fraud, or operational risk.Edge-based enforcement: Security and performance requirements for AI interactions are being met through Akamai’s distributed edge network. By utilizing high-performance compute, Akamai can evaluate the risk and intent of an agentic request instantly. Processing these decisions at the edge, Akamai helps businesses maintain security and control without compromising the speed of the user experience.Content monetization and value exchange: As AI models and agents consume more web content, the framework provides a path for fair compensation. Through partnerships with TollBit and Skyfire, Akamai enables publishers and content owners to negotiate access and facilitate tokenized, pay-per-request models. This allows businesses to monetize their data while providing AI agents with the licensed access they need to function.“AI agents are the new visitors and shoppers of the internet, and websites need a way to transact with them,” said Toshit Panigrahi, Co-Founder and CEO of TollBit. “By using Akamai’s ability to identify agentic traffic at the edge and redirect it to TollBit’s Agent Site, businesses can send agents to a dedicated, agent-optimized destination where they enforce their own access rules and turn it into a new revenue stream, making AI traffic a source of value rather than a cost.”

Operational visibility and traffic analysis: Through TrafficPeak and our industry-leading web security analytics, Akamai provides organizations with a unified view of their web traffic, distinguishing between human users, beneficial AI agents, and malicious bots. These high-scale log analyses allow security and business teams to observe how agents interact with their sites over time, providing the data necessary to refine access controls and commercial strategies. “AI agents are replacing clicks, acting and handling commerce for us. For that to work, businesses need to recognize not just the agent, but who is behind it and what it’s trying to do,” said Patrick Sullivan, VP, CTO of Security Strategy, Akamai. “We’ve built this so that identity informs visibility, visibility drives trust, and trust powers the decisions that let companies safely grow and monetize these new AI interactions. We’re giving businesses the confidence to open their doors to AI without compromising security.”

Across its ecosystem, Akamai is helping businesses move toward a unified approach to managing bots, agents, and users. The result is a scalable model where every interaction is verified, understood, and acted on in real time.

About Akamai
Akamai is the cybersecurity and cloud computing company that powers and protects business online. Our market-leading security solutions, superior threat intelligence, and global operations team provide defense in depth to safeguard enterprise data and applications everywhere. Akamai’s full-stack cloud computing solutions deliver performance and affordability on the world’s most distributed platform. Global enterprises trust Akamai to provide the industry-leading reliability, scale, and expertise they need to grow their business with confidence. Learn more at akamai.com and akamai.com/blog, or follow Akamai Technologies on X and LinkedIn.

Press Contact: [email protected]