Akamai Technologies Inc (AKAM) concluded trading on Wednesday at a closing price of $79.66, with 4.65 million shares of worth about $370.19 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -16.21% during that period and on March 12, 2025 the price saw a loss of about -1.23%. Currently the company’s common shares owned by public are about 150.03M shares, out of which, 147.25M shares are available for trading.
Stock saw a price change of -3.82% in past 5 days and over the past one month there was a price change of -21.98%. Year-to-date (YTD), AKAM shares are showing a performance of -16.72% which decreased to -28.23% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $75.50 but also hit the highest price of $110.79 during that period. The average intraday trading volume for Akamai Technologies Inc shares is 2.47 million. The stock is currently trading -7.89% below its 20-day simple moving average (SMA20), while that difference is down -13.68% for SMA50 and it goes to -16.56% lower than SMA200.
Akamai Technologies Inc (NASDAQ: AKAM) currently have 150.03M outstanding shares and institutions hold larger chunk of about 96.58% of that.
The stock has a current market capitalization of $11.98B and its 3Y-monthly beta is at 0.80. PE ratio of stock for trailing 12 months is 24.41, while it has posted earnings per share of $3.26 in the same period. Its PEG reads 4.50 and has Quick Ratio of 1.20 while making debt-to-equity ratio of 0.95. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AKAM, volatility over the week remained 4.20% while standing at 3.80% over the month.
Stock’s fiscal year EPS is expected to drop by -3.19% while it is estimated to increase by 7.17% in next year. EPS is likely to grow at an annualized rate of 5.43% for next 5-years, compared to annual growth of 2.41% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on February 21, 2025 offering a Hold rating for the stock and assigned a target price range of between $125 and $98 to it. Coverage by Piper Sandler stated Akamai Technologies Inc (AKAM) stock as a Neutral in their note to investors on February 21, 2025, suggesting a price target of $100 for the stock. On February 21, 2025, Craig Hallum Downgrade their recommendations, while on February 21, 2025, BofA Securities Downgrade their ratings for the stock with a price target of $100. Stock get a Neutral rating from UBS on December 16, 2024.
