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What Analysts Are Saying About Akamai Techs Stock
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What Analysts Are Saying About Akamai Techs Stock
Jan 17, 2025 12:34 PM

Analysts' ratings for Akamai Techs over the last quarter vary from bullish to bearish, as provided by 5 analysts.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 4 1 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 0 2 0 0 0
3M Ago 0 2 0 0 0

Analysts have recently evaluated Akamai Techs and provided 12-month price targets. The average target is $111.8, accompanied by a high estimate of $120.00 and a low estimate of $102.00. A decline of 0.4% from the prior average price target is evident in the current average.

Breaking Down Analyst Ratings: A Detailed Examination

The analysis of recent analyst actions sheds light on the perception of Akamai Techs by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Fatima Boolani Citigroup Lowers Neutral $102.00 $104.00
Amit Daryanani Evercore ISI Group Maintains Outperform $110.00 $110.00
Timothy Horan Oppenheimer Announces Outperform $120.00 -
William Power Baird Lowers Outperform $115.00 $120.00
Patrick Colville Scotiabank Lowers Sector Outperform $112.00 $115.00

Key Insights:

Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Akamai Techs. This information provides a snapshot of how analysts perceive the current state of the company.

Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Akamai Techs compared to the broader market.

Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Akamai Techs's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Akamai Techs analyst ratings.

All You Need to Know About Akamai Techs

Akamai ( AKAM ) operates a content delivery network, which entails locating servers at the edges of networks so its customers, which store content on Akamai ( AKAM ) servers, can reach their own customers faster, more securely, and with better quality. Akamai ( AKAM ) has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. The firm also offers security and cloud computing for its customers, and those businesses have grown to be bigger than the legacy CDN.

Akamai Techs: Delving into Financials

Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.

Revenue Growth: Over the 3 months period, Akamai Techs showcased positive performance, achieving a revenue growth rate of 4.06% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 5.76%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Akamai Techs's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.21%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Akamai Techs's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.57%, the company showcases efficient use of assets and strong financial health.

Debt Management: Akamai Techs's debt-to-equity ratio is below the industry average at 0.97, reflecting a lower dependency on debt financing and a more conservative financial approach.

Analyst Ratings: What Are They?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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