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Akamai Technologies had a return on equity of 14.63% and a net margin of 12.50%.
Akamai Technologies has a 52 week low of $70.65 and a 52 week high of $102.83.
Akamai Technologies Inc.
Akamai Technologies’s revenue was up 2.5% compared to the same quarter last year.
As a group, sell-side analysts forecast that Akamai Technologies will post 4.43 earnings per share for the current year.
Cetera Investment Advisers lifted its holdings in shares of Akamai Technologies by 4.4% in the second quarter.
Cibc World Market Inc. grew its position in Akamai Technologies by 2.3% in the 1st quarter.
Citigroup increased their price target on Akamai Technologies from $105.00 to $112.00 and gave the company a “neutral” rating in a report on Thursday, October 12th.
Equities research analysts predict that Akamai Technologies, Inc. will post 4.27 earnings per share for the current fiscal year.
Evercore ISI upped their price objective on shares of Akamai Technologies from $100.00 to $105.00 in a research note on Wednesday, May 10th.
Finally, BOKF NA purchased a new stake in Akamai Technologies in the 4th quarter worth approximately $212,000.
Finally, Loop Capital assumed coverage on Akamai Technologies in a research note on Monday, February 6th.
Finally, Strs Ohio grew its stake in shares of Akamai Technologies by 6.8% during the 3rd quarter.
Finally, Triodos Investment Management BV bought a new stake in Akamai Technologies during the second quarter worth about $25,413,000.
Guggenheim upgraded Akamai Technologies from a “sell” rating to a “neutral” rating in a report on Thursday, October 26th.
In other Akamai Technologies news, CTO sold 5,000 shares of the company’s stock in a transaction on Friday, November 11th.
More specifically, Akamai is placing compute, storage, database and other services closer to large population, industry and IT centers.
Source: https://www.helpnetsecurity.com/2023/03/05/akamai-ondat/
Newbridge Financial Services Group Inc. raised its stake in shares of Akamai Technologies by 625.0% in the fourth quarter.
On Friday, April 14th, F Thomson Leighton acquired 302 shares of Akamai Technologies stock.
Piper Sandler decreased their target price on shares of Akamai Technologies to $93.00 in a research note on Tuesday, November 15th.
Source: https://www.etfdailynews.com/2023/01/05/akamai-technologies-inc-nasdaqakam-short-interest-update/