Akamai Technologies, Inc.

AKAM

US00971T1016

IT Services & Consulting

Real-time Estimate Cboe BZX Other stock markets 03:49:51 2024-05-20 pm EDT			5-day change	1st Jan Change
94.87 ^USD	-0.36%		+0.74%	-19.71%

May. 16	EZDRM Joins Akamai Qualified Compute Partner Program	CI
May. 15	Akamai Technologies Insider Sold Shares Worth $467,900, According to a Recent SEC Filing	MT

Akamai Technologies, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2024

May 09, 2024 at 04:00 pm EDT

Akamai Technologies, Inc. provided earnings guidance for the second quarter and full year 2024. For the quarter, the company expects revenue of $967 million to $986 million.

For the year, the company expects revenue of $3,950 million to $4,020 million.

Latest news about Akamai Technologies, Inc.

EZDRM Joins Akamai Qualified Compute Partner Program	May. 16	CI
Akamai Technologies Insider Sold Shares Worth $467,900, According to a Recent SEC Filing	May. 15	MT
Akamai Technologies Insider Bought Shares Worth $2,038,960, According to a Recent SEC Filing	May. 14	MT
Equities Mostly Rise as Traders Parse Fed Officials' Comments, Consumer Sentiment Survey	May. 10	MT
S&P 500, Dow Rise as Traders Parse Fed Officials' Comments, Consumer Sentiment Survey	May. 10	MT
Sector Update: Tech Stocks Mixed in Late Afternoon Trading	May. 10	MT
Equity Markets Mixed Intraday After Consumer Sentiment Survey	May. 10	MT
Sector Update: Tech Stocks Mixed Friday Afternoon	May. 10	MT
FBN Securities Cuts Akamai Technologies' Price Target to $120 From $135	May. 10	MT
Sector Update: Tech	May. 10	MT
US Equity Indexes Mixed After Worsening Inflation Expectations, Plunging Consumer Sentiment	May. 10	MT
US Equity Indexes Mixed After Inflation Expectations Increase, Consumer Sentiment Dives	May. 10	MT
RBC Adjusts Akamai Technologies' Price Target to $92 From $115	May. 10	MT
Citigroup Adjusts Akamai Technologies' Price Target to $110 From $117	May. 10	MT
Raymond James Adjusts Akamai Technologies' Price Target to $115 From $138	May. 10	MT
Baird Adjusts Akamai Technologies' Price Target to $120 From $135	May. 10	MT
Susquehanna Adjusts Akamai Technologies Price Target to $135 From $150	May. 10	MT
TD Cowen Adjusts Akamai Technologies Price Target to $129 From $130	May. 10	MT
Craig-Hallum Adjusts Price Target on Akamai Technologies to $110 From $120, Hold Rating Maintained	May. 10	MT
KeyBanc Adjusts Price Target on Akamai Technologies to $119 From $138	May. 10	MT
DA Davidson Adjusts Price Target on Akamai Technologies to $115 From $125	May. 10	MT
ANALYST RECOMMENDATIONS : Blackrock, Walmart, Blackstone, Starbucks...	May. 10
Futures Rebound Pre-Bell Ahead of Earnings, Next Week's Inflation Reports; Asia, Europe Gain	May. 10	MT
Piper Sandler Adjusts Price Target on Akamai Technologies to $114 From $136	May. 10	MT
Morgan Stanley Cuts Price Target on Akamai Technologies to $106 From $117, Keeps Equalweight Rating	May. 10	MT

Chart Akamai Technologies, Inc.

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Company Profile

Akamai Technologies, Inc. is the world's No. 1 supplier of Internet applications and content distribution acceleration services. The activity is organized primarily around 3 areas: - content distribution: transmission, storage, and management of data flows, media content, electronic applications, etc.; - development of applications on Internet sites: applications for recording user visits to sites, research, etc.; - other: data management, distribution control, application performance measurement, secure content transmission, etc. At the end of 2023, the group had a platform of more than 350,000 servers interconnected to more than 1,300 Internet access supplier networks worldwide. The United States account for 51.7% of net sales.

Sector

IT Services & Consulting

Calendar

2024-07-29 - Q2 2024 Earnings Release (Projected)

Related indices

S&P 500

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Income Statement Evolution

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Analysis / Opinion

Akamai CEO Tom Leighton moves away from legacy business

February 14, 2024 at 02:26 pm EST

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Ratings for Akamai Technologies, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

95.21 USD

Average target price

113.9 USD

Spread / Average Target

+19.62%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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