Akamai Technologies Inc [AKAM] stock prices are down -0.32% to $101.06 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AKAM shares have gain 0.17% over the last week, with a monthly amount glided 12.78%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Akamai Technologies Inc [NASDAQ: AKAM] stock has seen the most recent analyst activity on December 16, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $110. Previously, Oppenheimer upgraded its rating to Outperform on December 02, 2024, and kept the price target unchanged to $120. On November 11, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $121 on the stock. Craig Hallum upgraded its rating to a Buy and increased its price target to $125 on August 09, 2024. Guggenheim upgraded its rating to a Buy but $128 remained the price target by the analyst firm on July 29, 2024. HSBC Securities upgraded its rating to Hold for this stock on July 24, 2024, but kept the price target unchanged to $96. In a note dated July 08, 2024, Scotiabank initiated an Sector Outperform rating and provided a target price of $110 on this stock.
The stock price of Akamai Technologies Inc [AKAM] has been fluctuating between $84.70 and $128.62 over the past year. Currently, Wall Street analysts expect the stock to reach $118 within the next 12 months. Akamai Technologies Inc [NASDAQ: AKAM] shares were valued at $101.06 at the most recent close of the market. An investor can expect a potential return of 16.76% based on the average AKAM price forecast.
Analyzing the AKAM fundamentals
The Akamai Technologies Inc [NASDAQ:AKAM] reported sales of 3.97B for trailing twelve months, representing a surge of 4.06%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.11 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.97.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 100.15 points at the first support level, and at 99.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 101.68, and for the 2nd resistance point, it is at 102.30.
Ratios To Look Out For
It’s worth pointing out that Akamai Technologies Inc [NASDAQ:AKAM]’s Current Ratio is 1.30. In addition, the Quick Ratio stands at 1.30 and the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 3.83, the price to book ratio is 3.18 and price to earnings (TTM) ratio is 29.94.
Transactions by insiders
Recent insider trading involved Joseph Paul C, EVP – Global Sales, that happened on Jan 15 ’25 when 4000.0 shares were sold. Officer, Joseph Paul C completed a deal on Jan 15 ’25 to buy 4000.0 shares. Meanwhile, Chief Financial Officer McGowan Edward J sold 10782.0 shares on Dec 16 ’24.
