Akamai Technologies (NASDAQ:AKAM) Stock Price Up 6% – Should You Buy?

11 Sep 2026, 10:32 by Sarita Garza · The Markets Daily

Akamai Technologies, Inc. (NASDAQ:AKAM – Get Free Report) shares were up 6% on Wednesday . The company traded as high as $110.46 and last traded at $111.9580. 485,807 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 4,492,407 shares. The stock had previously closed at $105.61.

Akamai Technologies News Roundup

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

Positive Sentiment: Expanded MuleSoft collaboration: Akamai announced an expanded integration with MuleSoft that combines Akamai API Security intelligence with MuleSoft’s Agent Fabric. The offering is designed to help enterprises discover and govern APIs, AI agents and MCP servers; more than 20 joint customers are already using the integration. Akamai and MuleSoft Unify Real-Time API Defense and AI Policy Control
Positive Sentiment: ITV streaming win: ITV selected Akamai TrafficPeak, powered by Hydrolix, to improve real-time monitoring of its ITVX streaming infrastructure during the World Cup. Faster issue detection could help protect service reliability and advertising revenue, although the announcement did not disclose financial terms. ITV Selects Akamai TrafficPeak to Optimize World Cup Streaming
Positive Sentiment: Favorable investor commentary: Jim Cramer called Akamai “terrific,” while recent conference appearances and commentary kept attention on the company’s faster-growing security and cloud infrastructure operations. Second-quarter security revenue rose 10% year over year and cloud infrastructure revenue increased 39%, according to the supplied analysis. Lightning Round: Akamai is terrific, says Jim Cramer
Neutral Sentiment: Conference updates: Akamai management appeared at the Citi Global TMT and Goldman Sachs Communacopia + Technology conferences, but the provided entries contain no specific new guidance or material disclosures. Goldman Sachs conference transcript
Negative Sentiment: Insider selling may weigh on sentiment: The supplied data shows eight insider sales and no purchases during the past six months. This can raise caution among investors, although insider sales do not necessarily indicate a change in business outlook.
Negative Sentiment: Valuation and profit-taking concerns: Akamai trades at a reported P/E ratio above 38, leaving the stock sensitive to expectations. After its recent advance, investors may be locking in gains while waiting for clearer evidence that cloud and security growth can offset slower legacy delivery operations.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Susquehanna dropped their price target on shares of Akamai Technologies from $175.00 to $140.00 and set a “positive” rating on the stock in a research report on Monday, August 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Akamai Technologies in a research note on Wednesday, June 24th. TD Cowen raised their target price on Akamai Technologies from $135.00 to $140.00 and gave the company a “hold” rating in a report on Friday, August 7th. Citigroup cut their target price on Akamai Technologies from $160.00 to $122.00 and set a “neutral” rating on the stock in a research report on Friday, September 4th. Finally, Piper Sandler upgraded Akamai Technologies from a “neutral” rating to an “overweight” rating and decreased their price target for the stock from $140.00 to $125.00 in a report on Tuesday, September 1st. Thirteen research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $141.62.

View Our Latest Report on Akamai Technologies

Akamai Technologies Stock Performance

The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64. The stock has a market cap of $15.40 billion, a PE ratio of 38.54, a price-to-earnings-growth ratio of 5.11 and a beta of 0.63. The company’s 50 day simple moving average is $115.39 and its 200 day simple moving average is $118.07.

Akamai Technologies (NASDAQ:AKAM – Get Free Report) last announced its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.02. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter 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. Analysts expect that Akamai Technologies, Inc. will post 3.66 earnings per share for the current year.

Insider Buying and Selling

In other Akamai Technologies news, CTO Robert Blumofe sold 243 shares of the business’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 owned 31,006 shares of the company’s stock, valued at approximately $4,012,486.46. The trade was a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On Akamai Technologies

Several large investors have recently made changes to their positions in AKAM. California State Teachers Retirement System boosted its holdings in shares of Akamai Technologies by 11,945.9% in the 2nd quarter. California State Teachers Retirement System now owns 20,219,939 shares of the technology infrastructure company’s stock worth $2,390,199,000 after buying an additional 20,052,082 shares during the last quarter. First Trust Advisors LP increased its holdings in 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 buying an additional 957,345 shares during the last quarter. Dimensional Fund Advisors LP increased 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 buying an additional 349,451 shares during the last quarter. Invesco Ltd. raised its position in Akamai Technologies by 5.8% in 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 during the period. Finally, Norges Bank bought a new stake in Akamai Technologies in the fourth quarter worth about $192,959,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

About Akamai Technologies

(Get Free Report)

Akamai Technologies, Inc is a global technology company that provides cloud computing, content delivery and cybersecurity services. Its distributed platform helps businesses deliver websites, applications, software downloads, video and other digital content with improved speed, availability and scalability.

The company’s offerings include content delivery and edge computing services, cloud infrastructure, web and application performance solutions, and security products designed to protect applications, application programming interfaces, networks and users from cyber threats.