
Akamai Technologies (AKAM) Stock Forecast & Price Target
Akamai Technologies (AKAM) Analyst Ratings
Bulls say
Akamai Technologies has demonstrated strong growth in its security segment, which now constitutes approximately 53% of total revenue, reflecting a notable year-over-year increase from 47% in the previous quarter. The firm's security revenue reached $534 million, growing 14% year-over-year, supported by significant contributions from Guardicore and API security, which together generated $247 million in annual recurring revenue (ARR). Additionally, Akamai's ongoing investment in research and development, reflected by a 14% year-over-year increase to $82 million, underscores its commitment to enhancing its service offerings and maintaining a competitive edge in the market.
Bears say
Akamai Technologies is facing significant headwinds as its earnings per share (EPS) has declined by 2% year-over-year to $1.66, underlining a cautious outlook with expectations of a further decline of 7% to 1% in CY25. In addition, the delivery segment, which is crucial to the company's performance, is projected to decline approximately 10% in CY25, reflecting challenges such as legal uncertainties surrounding TikTok and increased competition, which contribute to a weakened revenue outlook. Furthermore, while the cloud segment represents a growing portion of the business, its anticipated growth rate has decreased from 25% in CY24 to 15% in CY25, falling short of consensus estimates and indicating a potential slowdown in this area.
This aggregate rating is based on analysts' research of Akamai Technologies and is not a guaranteed prediction by Public.com or investment advice.
Akamai Technologies (AKAM) Analyst Forecast & Price Prediction
Start investing in Akamai Technologies (AKAM)
Order type
Buy in
Order amount
Est. shares
0 shares