Akamai Technologies (NASDAQ:AKAM) Updates FY 2025 Earnings Guidance

Akamai Technologies (NASDAQ:AKAM) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 6.000-6.400 for the period, compared to the consensus estimate of 6.820. The company issued revenue guidance of $4.0 billion-$4.2 billion, compared to the consensus revenue estimate of $4.3 billion. Akamai Technologies also updated its Q1 2025 guidance to 1.540-1.590 EPS.

Akamai Technologies Stock Down 2.2 %

AKAM traded down $2.21 during trading on Thursday, hitting $98.05. The stock had a trading volume of 3,033,388 shares, compared to its average volume of 1,762,445. The stock has a 50 day simple moving average of $96.64 and a two-hundred day simple moving average of $97.96. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.33 and a current ratio of 1.33. Akamai Technologies has a twelve month low of $84.70 and a twelve month high of $113.36. The company has a market capitalization of $14.73 billion, a PE ratio of 29.01, a PEG ratio of 3.55 and a beta of 0.65.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings data on Thursday, February 20th. The technology infrastructure company reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.33). Akamai Technologies had a return on equity of 14.63% and a net margin of 13.27%. On average, research analysts predict that Akamai Technologies will post 4.28 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AKAM has been the topic of several recent analyst reports. Robert W. Baird cut their price objective on shares of Akamai Technologies from $120.00 to $115.00 and set an “outperform” rating on the stock in a report on Monday, November 11th. Scotiabank cut their price target on shares of Akamai Technologies from $115.00 to $112.00 and set a “sector outperform” rating on the stock in a research note on Friday, November 8th. Evercore ISI reiterated an “outperform” rating and set a $110.00 price objective on shares of Akamai Technologies in a research note on Tuesday, December 17th. HSBC raised shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $121.00 price objective on the stock in a report on Monday, November 11th. Finally, Citigroup reduced their target price on Akamai Technologies from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Friday, January 17th. Six analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $117.95.

Insiders Place Their Bets

In other news, Director William Raymond Wagner sold 1,000 shares of Akamai Technologies stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $93.38, for a total transaction of $93,380.00. Following the completion of the sale, the director now directly owns 15,719 shares of the company’s stock, valued at approximately $1,467,840.22. The trade was a 5.98 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Edward J. Mcgowan sold 10,782 shares of the business’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $98.71, for a total transaction of $1,064,291.22. Following the transaction, the chief financial officer now owns 12,716 shares of the company’s stock, valued at approximately $1,255,196.36. The trade was a 45.88 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,782 shares of company stock worth $1,523,951 in the last quarter. 1.80% of the stock is owned by company insiders.

About Akamai Technologies

Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.