Akamai Technologies Inc [NASDAQ: AKAM] plunged by -$21.3 during the normal trading session on while it closed the day at $76.73.
Akamai Technologies Inc stock has also loss -23.01% of its value over the past 7 days. However, AKAM stock has declined by -10.74% in the 3 months of the year. Over the past six months meanwhile, it has lost -24.55% and lost -19.78% year-on date.
The market cap for AKAM stock reached $11.53 billion, with 150.00 million shares outstanding and 147.35 million shares in the current float. Compared to the average trading volume of 1.69M shares, AKAM reached a trading volume of 20713580 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Akamai Technologies Inc [AKAM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AKAM shares is $104.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AKAM stock is a recommendation set at 2.08. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
TD Cowen have made an estimate for Akamai Technologies Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on February 21, 2025. While these analysts kept the previous recommendation, Piper Sandler dropped their target price from $112 to $100. The new note on the price target was released on February 21, 2025, representing the official price target for Akamai Technologies Inc stock. Previously, the target price had yet another raise to $90, while Craig Hallum analysts kept a Hold rating on AKAM stock. On February 21, 2025, analysts decreased their price target for AKAM shares from 125 to 100.
The Average True Range (ATR) for Akamai Technologies Inc is set at 3.69, with the Price to Sales ratio for AKAM stock in the period of the last 12 months amounting to 2.89. The Price to Book ratio for the last quarter was 2.36, with the Price to Cash per share for the same quarter was set at 10.63. Price to Free Cash Flow for AKAM in the course of the last twelve months was 16.44 with Quick ratio for the last quarter at 1.30.
AKAM stock trade performance evaluation
Akamai Technologies Inc [AKAM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -23.01. With this latest performance, AKAM shares dropped by -19.32% in over the last four-week period, additionally sinking by -24.55% over the last 6 months – not to mention a drop of -29.19% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AKAM stock in for the last two-week period is set at 19.91, with the RSI for the last a single of trading hit 13.08, and the three-weeks RSI is set at 25.45 for Akamai Technologies Inc [AKAM]. The present Moving Average for the last 50 days of trading for this stock 96.55, while it was recorded at 94.87 for the last single week of trading, and 96.49 for the last 200 days.
Akamai Technologies Inc [AKAM]: An insightful look at the core fundamentals
Akamai Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.23.
Earnings per share (EPS) analysis for Akamai Technologies Inc [AKAM] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AKAM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Akamai Technologies Inc go to 4.95%.
Akamai Technologies Inc [AKAM]: Institutional Ownership
The top three institutional holders of AKAM stocks are: VANGUARD GROUP INC with ownership of 18.05 million shares, which is approximately 11.907%. BLACKROCK INC., holding 14.24 million shares of the stock with an approximate value of $$1.28 billion in AKAM stocks shares; and BLACKROCK INC., currently with $$615.01 million in AKAM stock with ownership which is approximately 4.4839%.
