Akamai Technologies logo

Akamai TechnologiesNASDAQ: AKAM

Profile

Sector:

Technology

Country:

United States

IPO:

29 October 1999

Next earnings report:

13 February 2025

Last dividends:

N/A

Next dividends:

N/A
$13.76 B
-29%vs. 3y high
84%vs. sector
-25%vs. 3y high
42%vs. sector
-36%vs. 3y high
54%vs. sector
-38%vs. 3y high
58%vs. sector

Price

regular market | 3 min ago
$91.59+$1.00(+1.10%)

Dividend

No data over the past 3 years
$1.00 B$1.01 B
$1.00 B$57.91 M

Analysts recommendations

Institutional Ownership

AKAM Latest News

Will the AKAM Stock Aid From the Expansion of Its Cloud Solutions?
zacks.com20 November 2024 Sentiment: POSITIVE

Akamai has improved its cloud security offerings by upgrading its Guardicore Segmentation and Enterprise Application Access solutions.

Akamai Extends Microsegmentation to Amazon Web Services; Enhances ZTNA for Optimal Application Performance
prnewswire.com19 November 2024 Sentiment: POSITIVE

Akamai is dedicated to assisting customers in reaching their Zero Trust objectives. On November 19, 2024, the company announced that it is enhancing its top segmentation solution, Akamai Guardicore Segmentation, to provide agentless enforcement for cloud-native resources in Amazon Web Services (AWS). This update broadens its current features in cloud settings.

Akamai Announces Winning Bid for Select Assets of Edgio
prnewswire.com15 November 2024 Sentiment: POSITIVE

On November 15, 2024, in Cambridge, Massachusetts, Akamai (NASDAQ: AKAM), a company specializing in cybersecurity and cloud computing, announced that it has successfully bid to acquire certain assets from Edgio. This includes customer contracts related to Edgio's security and content delivery services, as well as non-exclusive rights to use Edgio's complete patent portfolio.

Akamai Technologies Q3: Interesting Enough To Put On My Watchlist
seekingalpha.com14 November 2024 Sentiment: NEUTRAL

Akamai Technologies reported mixed results for Q3, with a 3.6% increase in revenue compared to last year, but a notable decline in GAAP operating margin because of restructuring costs. The company's future outlook is not strong, as they have reduced their full-year revenue and profit predictions, resulting in a 15% decrease in share price. However, Akamai's security and computing divisions appear to have good growth potential, especially in cloud services and online security.

Akamai Launches Cloud-Agnostic, Ready-to-Run Application Platform
prnewswire.com12 November 2024 Sentiment: POSITIVE

Akamai Technologies, Inc. has introduced the Akamai App Platform, which addresses three major obstacles to wider Kubernetes use: skills, scale, and vendor lock-in. This platform provides a straightforward solution for deploying, managing, and scaling distributed applications. The announcement was made on November 12, 2024, in Cambridge, Massachusetts.

Buy, Sell, Or Hold Akamai Stock?
forbes.com09 November 2024 Sentiment: NEGATIVE

Akamai's stock dropped 14% on Friday after the release of its Q3 earnings report, which mostly met expectations but included a disappointing outlook for Q4. Additionally, the ongoing decrease in the company's main content delivery network business seems to have increased concerns among investors.

Akamai's Q3 Earnings In Line With Estimates, Revenues Rise Y/Y
zacks.com08 November 2024 Sentiment: POSITIVE

AKAM has reported an increase in revenue compared to last year, thanks to strong growth in several areas.

Akamai Technologies (AKAM) Q3 Earnings Match Estimates
zacks.com07 November 2024 Sentiment: POSITIVE

Akamai Technologies (AKAM) reported quarterly earnings of $1.59 per share, matching the Zacks Consensus Estimate. This is a decrease compared to earnings of $1.63 per share from the same period last year.

Akamai forecasts fourth-quarter revenue below estimates on weak client spending
reuters.com07 November 2024 Sentiment: NEGATIVE

On Thursday, Akamai Technologies predicted that its revenue for the fourth quarter would be lower than expected. The company believes that clients are likely to reduce their spending on cloud and content delivery services due to the uncertain economic situation.

Akamai Set to Report Q3 Results: Will Revenue Growth Boost Earnings?
zacks.com31 October 2024 Sentiment: POSITIVE

Akamai is likely to report year-over-year revenue growth in the third quarter, thanks to strong demand in various markets and new product developments.

What type of business is Akamai Technologies?

Akamai Technologies, Inc. is an American company that provides cloud solutions and services for delivering, optimizing, and protecting content and business applications on the Internet. Founded in 1998, headquartered in Cambridge, Massachusetts. The company's globally distributed platform, Akamai Intelligent Edge, includes over 200,000 servers in 130 countries around the world, connected with complex software and algorithms. The platform is designed to surround and extend the customer's existing cloud architecture, allowing to accelerate and secure cloud operations and workloads on a global scale, as well as increase reliability and reduce costs. Additionally, Akamai Technologies, Inc. offers a wide range of services and solutions to support customers in integrating, configuring, optimizing, and managing core offerings.

What sector is Akamai Technologies in?

Akamai Technologies is in the Technology sector

What industry is Akamai Technologies in?

Akamai Technologies is in the Software Infrastructure industry

What country is Akamai Technologies from?

Akamai Technologies is headquartered in United States

When did Akamai Technologies go public?

Akamai Technologies initial public offering (IPO) was on 29 October 1999

What is Akamai Technologies website?

https://www.akamai.com

Is Akamai Technologies in the S&P 500?

Yes, Akamai Technologies is included in the S&P 500 index

Is Akamai Technologies in the NASDAQ 100?

No, Akamai Technologies is not included in the NASDAQ 100 index

Is Akamai Technologies in the Dow Jones?

No, Akamai Technologies is not included in the Dow Jones index

When was Akamai Technologies the previous earnings report?

No data

When does Akamai Technologies earnings report?

The next expected earnings date for Akamai Technologies is 13 February 2025