Akamai Technologies, Inc. (AKAM)

Akamai's stock has been influenced by several key events over the past six months. In January 2026, Morgan Stanley upgraded AKAM, leading to a jump in shares, and other analysts raised their price targets. In December 2025, Akamai presented at the Nasdaq Investor Conference, acquired Fermyon Technologies, Inc., and launched a program to accelerate cloud growth for Independent Software Vendors. In November 2025, Oppenheimer initiated coverage with an 'Outperform' rating, and the stock rose after Akamai reported strong Q3 2025 earnings. In October 2025, Bank of America reduced its price target for Akamai. In August 2025, Akamai held its Q2 2025 earnings conference call, reporting an earnings surprise and anticipating higher year-over-year revenues. In February 2025, the stock dropped following weak Q4 2024 results and a revenue guidance that signaled a sharp deceleration in demand.

While specific information on demand seasonality is not explicitly detailed, Akamai's earnings reports and forecasts suggest consistent demand, particularly in its security and compute verticals. Akamai is expected to report higher revenues year over year, driven by healthy demand, and management's focus on expanding its product portfolio indicates a steady and growing demand for its offerings.

Akamai Technologies provides cloud security, mobile and web performance, carrier solutions, and media delivery. Its products are built on the Akamai Intelligent Edge Platform and the Akamai Connected Cloud, including Linode. The company offers security products like Firewall for AI and App & API Protector, and is developing the Akamai Inference Cloud for AI infrastructure at the edge, serving industries including e-commerce, media, public sector, and network operators.

Akamai has a global presence with its Intelligent Edge Platform comprising over 365,000 servers across more than 135 countries and approximately 1,350 networks. The company's distributed architecture includes over 4,300 points of presence (PoPs) in more than 700 cities worldwide.

Akamai's brand reputation has seen both challenges and positive developments over the past year. The stock drop in February 2025 negatively impacted its reputation, but strategic moves and positive analyst sentiment have improved the outlook. The acquisition of Noname Security and the launch of the Akamai App Platform enhanced its standing. Being chosen as a strategic cloud computing provider and numerous analyst upgrades indicate growing confidence in Akamai's growth potential.

Akamai Technologies' ownership is predominantly institutional, with 94.75% held by institutional shareholders and 7.34% held by insiders. Key institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. F. Thomson Leighton is the largest individual shareholder.