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AKAM

AKAM - Akamai Technologies Inc Stock Price, Fair Value and News

94.06USD-8.40 (-8.20%)Delayed as of 10 May 2024, 10:50 am ET

Market Summary

AKAM
USD94.06-8.40
Delayedas of 10 May 2024, 10:50 am
-8.20%

AKAM Alerts

  • Big jump in Earnings (Y/Y)

AKAM Stock Price

View Fullscreen

AKAM RSI Chart

AKAM Valuation

Market Cap

15.6B

Price/Earnings (Trailing)

24.97

Price/Sales (Trailing)

4.02

EV/EBITDA

11.97

Price/Free Cashflow

14.79

AKAM Price/Sales (Trailing)

AKAM Profitability

Operating Margin

60.23%

EBT Margin

16.80%

Return on Equity

13.51%

Return on Assets

6.3%

Free Cashflow Yield

6.76%

AKAM Fundamentals

AKAM Revenue

Revenue (TTM)

3.9B

Rev. Growth (Yr)

7.78%

Rev. Growth (Qtr)

-0.81%

AKAM Earnings

Earnings (TTM)

625.9M

Earnings Growth (Yr)

80.65%

Earnings Growth (Qtr)

8.84%

Breaking Down AKAM Revenue

52 Week Range

84.19109.05
(Low)(High)

Last 7 days

2.9%

Last 30 days

-4.6%

Last 90 days

-20.0%

Trailing 12 Months

19.9%

How does AKAM drawdown profile look like?

AKAM Financial Health

Current Ratio

3.25

AKAM Investor Care

Shares Dilution (1Y)

0.08%

Diluted EPS (TTM)

4.01

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20243.9B000
20233.6B3.7B3.7B3.8B
20223.5B3.6B3.6B3.6B
20213.3B3.3B3.4B3.5B
20203.0B3.0B3.1B3.2B
20192.8B2.8B2.8B2.9B
20182.6B2.6B2.7B2.7B
20172.4B2.4B2.4B2.5B
20162.2B2.3B2.3B2.3B
20152.0B2.1B2.2B2.2B
20141.7B1.8B1.9B2.0B
20131.4B1.5B1.5B1.6B
20121.2B1.3B1.3B1.4B
20111.1B1.1B1.1B1.2B
2010889.4M930.2M977.2M1.0B
2009814.3M824.9M834.0M859.8M
20080687.9M739.4M790.9M
2007000636.4M
Get all data in R, Python etc through our Historical Stock Data APIs
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Tracking the Latest Insider Buys and Sells of Akamai Technologies Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 05, 2024
howell laura
sold (taxes)
-1,694
99.67
-17.00
svp, chief accounting officer
May 05, 2024
howell laura
acquired
-
-
55.00
svp, chief accounting officer
Mar 22, 2024
karon adam
sold
-1,575,230
109
-14,349
coo & gm edge technology group
Mar 16, 2024
salem-jackson kim
acquired
-
-
460
evp, chief marketing officer
Mar 16, 2024
salem-jackson kim
sold (taxes)
-23,916
107
-223
evp, chief marketing officer
Mar 15, 2024
karon adam
sold
-1,817,470
108
-16,788
coo & gm edge technology group
Mar 15, 2024
joseph paul c
sold
-432,360
108
-4,000
evp - global sales
Mar 14, 2024
williams anthony p
sold
-489,285
108
-4,500
evp and chro
Mar 12, 2024
ahola aaron
sold
-120,977
109
-1,103
evp & general counsel
Mar 11, 2024
ahola aaron
sold
-1,089,790
110
-9,841
evp & general counsel

1–10 of 50

Which funds bought or sold AKAM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 08, 2024
Achmea Investment Management B.V.
reduced
-12.09
-1,055,000
4,434,000
 0.08%
May 08, 2024
AVANTAX ADVISORY SERVICES, INC.
added
9.63
2,027
273,640
 -%
May 08, 2024
COGNIOS BETA NEUTRAL LARGE CAP FUND, LP
reduced
-6.00
-82,762
525,202
 0.68%
May 08, 2024
GW&K Investment Management, LLC
added
10.13
-
9,000
 -%
May 08, 2024
Crestwood Advisors Group, LLC
reduced
-0.6
-815,764
8,605,960
 0.19%
May 08, 2024
MAI Capital Management
added
1.31
-49,965
674,100
 0.01%
May 08, 2024
AlphaStar Capital Management, LLC
added
35.51
189,262
960,786
 0.10%
May 08, 2024
Heritage Wealth Advisors
reduced
-6.92
-2,722
16,096
 -%
May 08, 2024
HOHIMER WEALTH MANAGEMENT, LLC
sold off
-100
-877,684
-
 -%
May 08, 2024
Russell Investments Group, Ltd.
added
91.15
16,487,200
38,282,300
 0.06%

1–10 of 35

Are Funds Buying or Selling AKAM?

Are funds buying AKAM calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AKAM
No. of Funds

AKAM Alerts

Unveiling Akamai Technologies Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.69%
17,639,604
SC 13G/A
Jan 24, 2024
blackrock inc.
9.5%
14,300,241
SC 13G/A
Jun 08, 2023
blackrock inc.
10.1%
15,337,819
SC 13G
Feb 09, 2023
vanguard group inc
11.42%
17,952,230
SC 13G/A
Jan 24, 2023
blackrock inc.
9.6%
15,086,632
SC 13G/A
Feb 09, 2022
vanguard group inc
10.85%
17,625,754
SC 13G/A
Feb 03, 2022
blackrock inc.
8.8%
14,373,706
SC 13G/A
Feb 10, 2021
vanguard group inc
10.82%
17,608,178
SC 13G/A
Feb 09, 2021
clearbridge investments, llc
4.0%
6,510,905
SC 13G/A
Feb 05, 2021
blackrock inc.
8.8%
14,258,519
SC 13G/A

Recent SEC filings of Akamai Technologies Inc

View All Filings
Date Filed Form Type Document
May 09, 2024
10-Q
Quarterly Report
May 09, 2024
8-K
Current Report
May 06, 2024
4
Insider Trading
Apr 15, 2024
4/A
Insider Trading
Apr 01, 2024
4/A
Insider Trading
Apr 01, 2024
4/A
Insider Trading
Apr 01, 2024
4/A
Insider Trading
Apr 01, 2024
4/A
Insider Trading
Apr 01, 2024
4/A
Insider Trading
Apr 01, 2024
4/A
Insider Trading

Peers (Alternatives to Akamai Technologies Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MSFT
3.1T
236.6B
 -3.28% 32.01%
35.56
12.95
 13.97% 24.86%
ADBE
216.1B
19.9B
 -2.05% 40.24%
45.02
10.84
 10.76% 1.35%
CRWD
75.9B
3.1B
 2.32% 137.65%
849.48
24.83
 36.33% 148.75%
SQ
45.1B
22.9B
 -8.48% 27.24%
90.57
1.97
 23.28% 240.37%
AKAM
15.6B
3.9B
 -4.62% 19.94%
24.97
4.02
 7.01% 28.42%
FFIV
10.0B
2.8B
 -12.76% 26.46%
20.11
3.6
 0.20% 52.82%
MID-CAP
ALTR
7.1B
619.6M
 0.54% 24.89%
738.63
11.42
 7.11% 116.83%
HCP
6.3B
583.1M
 21.51% 3.41%
-33.3
10.89
 22.54% 30.49%
ACIW
3.8B
1.5B
 6.89% 47.65%
26.11
2.58
 6.51% 54.77%
APPN
2.3B
560.0M
 -23.03% -15.53%
-21.58
4.14
 14.52% 34.67%
SMALL-CAP
CSGS
1.3B
1.2B
 -12.82% -12.13%
20.13
1.11
 3.70% 18.24%
ATEN
1.2B
254.7M
 13.22% 9.09%
25.23
4.53
 -7.51% 2.74%
BAND
570.1M
634.3M
 18.78% 89.93%
-19.53
0.9
 9.43% -197.31%
DTSS
18.8M
7.0M
 -12.01% -54.63%
-2.18
2.91
 -55.73% -45.27%
BLIN
13.4M
15.6M
 -5.84% 38.71%
-1.35
0.86
 -6.37% -5256.07%

Akamai Technologies Inc News

Latest updates
Seeking Alpha • 32 minutes ago
Akamai's stock fell after softer outlook; analysts concerned on Delivery business
CNBC • 2 hours ago
Stocks making the biggest moves premarket: Yelp, Sweetgreen, Novavax, Akamai Technologies and more
Benzinga • 5 hours ago
Akamai Technologies Issues Weak Outlook, Joins Applied Optoelectronics, JFrog And Other Big Stocks Moving
MarketBeat • 14 hours ago
Akamai Technologies (NASDAQ:AKAM) Issues Q2 2024 Earnings Guidance
MarketBeat • 14 hours ago
Akamai Technologies (NASDAQ:AKAM) Releases Earnings Results, Beats Estimates By $0.03 EPS
Yahoo Finance • 17 hours ago
Akamai Technologies (AKAM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Seeking Alpha • 18 hours ago
Akamai Technologies tumbles as weak guidance overshadows Q1 results (AKAM)
TradingView • 20 hours ago
PREVIEW: Akamai Technologies inch down ahead of results due after the bell
MarketWatch • 41 hours ago
Akamai Technologies Inc. stock outperforms competitors on strong trading day
PR Newswire • 07 May 2024 • 11:00 am
Akamai Announces Intent to Acquire API Security Company Noname

Akamai Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-0.8%987995965936916928882903904905860853843846793795764772710705707
Cost Of Revenue0.3%395393383373361358346347333325317320307304283277269258247242241
Costs and Expenses1.2%820810789786789760721728730709655653660712612604612637567569572
  S&GA Expenses-0.5%135135132137129129124127123125109112116140123123124140122135126
  R&D Expenses7.1%11710910699.0092.0010594.0092.0010093.0083.0077.0082.0067.0067.0064.0071.0069.0065.0061.0066.00
EBITDA Margin0.1%0.33*0.33*0.32*0.32*0.34*0.35*0.36*0.37*0.38*0.39*0.38*0.37*---------
Interest Expenses-1.0%7.007.005.003.003.003.003.003.003.0018.0018.0018.0018.0017.0017.0017.0017.0017.0012.008.0012.00
Income Taxes-63.4%13.0035.0020.0021.0030.0040.0034.0033.0020.0019.0014.0018.0012.004.009.0019.0014.0011.00-0.9619.0024.00
Earnings Before Taxes-100.0%-196179150127168158171161181194185168129168181138129138133132
EBT Margin-1.8%0.17*0.17*0.17*0.16*0.17*0.18*0.19*0.20*0.20*0.21*0.20*0.20*---------
Net Income8.8%17516116112997.00129124138133161179156156113159162123119138114107
Net Income Margin12.2%0.16*0.14*0.14*0.13*0.13*0.14*0.15*0.17*0.18*0.19*0.18*0.18*---------
Free Cashflow-19.0%25831922625492.00276318267171323319271---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.4%9,9369,9009,5828,3468,1838,3038,1368,2318,3128,1398,1157,9217,8187,7647,5147,2256,9487,0076,3575,3435,183
  Current Assets45.5%2,6251,8051,8671,7181,6981,9701,6961,5661,4641,9202,7622,2532,1611,9302,2432,1932,0152,2322,2541,7451,818
    Cash Equivalents-3.8%4714894602992995424584273785371,265581457353743572384394738516689
  Net PPE-----------1,5431,5381,5111,4781,3831,2811,1811,1521,0801,019951
  Goodwill-0.1%2,8472,8502,8432,84814.002,7642,7532,7646172,1561,6801,6861,6821,6741,5991,5951,5941,600---
Liabilities0.0%5,3025,3035,2584,0574,0123,9433,8553,9183,9983,6093,5333,4443,4973,5133,4073,3213,2763,3492,8561,9481,900
  Current Liabilities-3.2%809836810861836819753817869790731647715758717657630693603591570
Shareholder's Equity0.8%4,6344,5974,3244,2894,1714,3604,2814,3134,3154,5304,5824,4774,3214,2514,1083,9043,6723,6583,5023,3953,283
  Retained Earnings7.1%2,6432,4682,3072,1462,0171,9201,7921,6681,5301,2571,09691776160549233317148.00-71.10-208-322
  Additional Paid-In Capital0.4%2,2312,2232,7572,7522,6252,5793,1053,0542,9753,3413,7903,7443,6653,6653,7813,7353,6593,6533,9193,7613,686
Shares Outstanding0.8%152151151152153156160160160163163163---------
Float----13,394---14,327---18,727---17,181---12,820-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-9.6%352389359366233341369341222387390378250291402299223282297318161
  Share Based Compensation1.2%93.0092.0087.0087.0062.0058.0051.0052.0056.0049.0049.0050.0054.0051.0050.0049.0047.0047.0047.0048.0045.00
Cashflow From Investing52.0%-151-315-1,164-248-119-94.66-95.53-115-316-843393-159-36.31-617-224-89.64-110-589-904-409236
Cashflow From Financing-280.4%-215-56.78975-117-357-177-229-165-60.83-269-93.16-98.84-100-71.08-10.56-30.17-111-42.97836-83.69-745
  Buy Backs128.6%12555.0011313734917816316510327197.0096.0058.0073.0013.0027.0081.0043.0017681.0035.00
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AKAM Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Revenue$ 3,811,920$ 3,616,654$ 3,461,223
Costs and operating expenses:   
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)1,511,0631,383,8191,268,956
Research and development406,048391,434335,372
Sales and marketing533,226502,409461,967
General and administrative600,851584,206553,024
Amortization of acquired intangible assets66,75164,98348,019
Restructuring charge56,64313,52910,737
Total costs and operating expenses3,174,5822,940,3802,678,075
Income from operations637,338676,274783,148
Interest and marketable securities income, net45,1943,25815,620
Interest expense(17,709)(11,096)(72,332)
Other (expense) income, net(12,296)(10,433)1,785
Income before provision for income taxes652,527658,003728,221
Provision for income taxes(106,373)(126,696)(62,571)
Gain (loss) from equity method investment1,475(7,635)(14,008)
Net income$ 547,629$ 523,672$ 651,642
Net income per share:   
Basic (in dollars per share)$ 3.59$ 3.29$ 4.01
Diluted (in dollars per share)$ 3.52$ 3.26$ 3.93
Shares used in per share calculations:   
Basic (in shares)152,510159,089162,665
Diluted (in shares)155,397160,467165,804

AKAM Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 489,468$ 542,337
Marketable securities374,971562,979
Accounts receivable, net of reserves of $3,469 and $5,917 at December 31, 2023 and 2022, respectively724,302679,206
Prepaid expenses and other current assets216,114185,040
Total current assets1,804,8551,969,562
Marketable securities1,431,354320,531
Property and equipment, net1,825,9441,540,182
Operating lease right-of-use assets908,634813,372
Acquired intangible assets, net536,143441,716
Goodwill2,850,4702,763,838
Deferred income tax assets418,297337,677
Other assets124,340116,522
Total assets9,900,0378,303,400
Current liabilities:  
Accounts payable146,927145,420
Accrued expenses352,181367,017
Deferred revenue107,544105,109
Operating lease liabilities222,944196,094
Other current liabilities6,4425,228
Total current liabilities836,038818,868
Deferred revenue23,00622,117
Deferred income tax liabilities24,62218,400
Convertible senior notes3,538,2292,285,258
Operating lease liabilities774,806693,265
Other liabilities106,181105,305
Total liabilities5,302,8823,943,213
Commitments and contingencies (Note 13)
Stockholders’ equity:  
Preferred stock, $0.01 par value; 5,000,000 shares authorized; 700,000 shares designated as Series A Junior Participating Preferred Stock; no shares issued or outstanding00
Common stock, $0.01 par value; 700,000,000 shares authorized; 151,232,908 and 156,494,816 shares issued and outstanding at December 31, 2023 and 2022, respectively1,5121,565
Additional paid-in capital2,222,9932,578,603
Accumulated other comprehensive loss(95,330)(140,332)
Retained earnings2,467,9801,920,351
Total stockholders’ equity4,597,1554,360,187
Total liabilities and stockholders’ equity$ 9,900,037$ 8,303,400

About Akamai Technologies Inc

AKAM
Akamai Technologies, Inc. provides cloud services for securing, delivering, and computing content, applications, and software over the internet 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. It also provides web and mobile performance solutions to enable dynamic websites and applications; media delivery solutions, including video streaming and video player services, game and software delivery, broadcast operations, authoritative domain name system, resolution, and data and analytics; and cloud computing services, such as compute, storage, networking, database, and container management services to build, deploy, and secure applications and workloads. In addition, the company offers carrier offerings, including cybersecurity protection, parental controls, DNS infrastructure and content delivery solutions; and an array of service and support to assist customers with integrating, configuring, optimizing, and managing its offerings. It sells its solutions through direct sales and service organizations, as well as through various channel partners. The company was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.
 CEO
 WEBSITEakamai.com
 INDUSTRYSoftware - Infra
 EMPLOYEES9800

Akamai Technologies Inc Frequently Asked Questions

What is the ticker symbol for Akamai Technologies Inc? What does AKAM stand for in stocks?

AKAM is the stock ticker symbol of Akamai Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Akamai Technologies Inc (AKAM)?

As of Thu May 09 2024, market cap of Akamai Technologies Inc is 15.63 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AKAM stock?

You can check AKAM's fair value in chart for subscribers.

What is the fair value of AKAM stock?

You can check AKAM's fair value in chart for subscribers. The fair value of Akamai Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Akamai Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AKAM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Akamai Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether AKAM is over valued or under valued. Whether Akamai Technologies Inc is cheap or expensive depends on the assumptions which impact Akamai Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AKAM.

What is Akamai Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, AKAM's PE ratio (Price to Earnings) is 24.97 and Price to Sales (PS) ratio is 4.02. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AKAM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Akamai Technologies Inc's stock?

In the past 10 years, Akamai Technologies Inc has provided 0.067 (multiply by 100 for percentage) rate of return.