In the last three months, 4 analysts have published ratings on Akamai Techs (NASDAQ:AKAM), offering a diverse range of perspectives from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 4 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 2 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $114.25, a high estimate of $120.00, and a low estimate of $110.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 0.65%.
Decoding Analyst Ratings: A Detailed Look
An in-depth analysis of recent analyst actions unveils how financial experts perceive Akamai Techs. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Amit Daryanani | Evercore ISI Group | Maintains | Outperform | $110.00 | $110.00 |
| Timothy Horan | Oppenheimer | Announces | Outperform | $120.00 | - |
| William Power | Baird | Lowers | Outperform | $115.00 | $120.00 |
| Patrick Colville | Scotiabank | Lowers | Sector Outperform | $112.00 | $115.00 |
Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Akamai Techs. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Akamai Techs compared to the broader market. Price Targets: Understanding forecasts, analysts offer estimates for Akamai Techs's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
For valuable insights into Akamai Techs's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Akamai Techs analyst ratings.
Discovering Akamai Techs: A Closer Look
Akamai operates a content delivery network, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. The firm also offers security and cloud computing for its customers, and those businesses have grown to be bigger than the legacy CDN.
Understanding the Numbers: Akamai Techs's Finances
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Akamai Techs's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 4.06%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 5.76%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Akamai Techs's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.21% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Akamai Techs's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.57% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 0.97, Akamai Techs adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Core of Analyst Ratings: What Every Investor Should Know
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
Latest Ratings for AKAM
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 2022 | Citigroup | Maintains | Buy | |
| Feb 2022 | Raymond James | Maintains | Outperform | |
| Jan 2022 | Keybanc | Upgrades | Sector Weight | Overweight |
View More Analyst Ratings for AKAM
View the Latest Analyst Ratings
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
