At the time of writing, Akamai Technologies Inc [AKAM] stock is trading at $87.52, up 5.69%. 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 8.48% over the last week, with a monthly amount drifted -13.25%, and not 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 February 21, 2025, when TD Cowen downgraded its rating to a Hold and also revised its price target to $98 from $125. Previously, Piper Sandler downgraded its rating to Neutral on February 21, 2025, and dropped its price target to $100. On February 21, 2025, downgrade downgraded it’s rating to Hold but maintained its price target of $90 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $100 on February 21, 2025. UBS initiated its recommendation with a Neutral and recommended $110 as its price target on December 16, 2024. Oppenheimer upgraded its rating to Outperform for this stock on December 02, 2024, but kept the price target unchanged to $120. In a note dated November 11, 2024, HSBC Securities upgraded an Buy rating on this stock but restated the target price of $121.
For the past year, the stock price of Akamai Technologies Inc fluctuated between $75.50 and $113.36. Currently, Wall Street analysts expect the stock to reach $118 within the next 12 months. Akamai Technologies Inc [NASDAQ: AKAM] shares were valued at $87.52 at the most recent close of the market. An investor can expect a potential return of 34.83% based on the average AKAM price forecast.
Analyzing the AKAM fundamentals
According to Akamai Technologies Inc [NASDAQ:AKAM], the company’s sales were 3.99B for trailing twelve months, which represents an 2.50% jump. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.15%, 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 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.95.
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 83.76 points at the first support level, and at 80.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 89.64, and for the 2nd resistance point, it is at 91.77.
Ratios To Look Out For
It is important to note that Akamai Technologies Inc [NASDAQ:AKAM] has a current ratio of 1.20. In addition, the Quick Ratio stands at 1.20 and the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 3.30, the price to book ratio is 2.69 and price to earnings (TTM) ratio is 26.82.
Transactions by insiders
Recent insider trading involved Sundaram Mani, EVP and GM Security, that happened on Mar 07 ’25 when 10683.0 shares were sold. Officer, Sundaram Mani completed a deal on Mar 07 ’25 to buy 10683.0 shares. Meanwhile, COO & GM Edge Technology Group Karon Adam sold 6431.0 shares on Mar 04 ’25.
