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Akamai Technologies (AKAM) Stock Sinks As Market Gains: Here's Why
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Akamai Technologies (AKAM - Free Report) closed at $88.84 in the latest trading session, marking a -6.43% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.18%. On the other hand, the Dow registered a gain of 0.66%, and the technology-centric Nasdaq increased by 1.96%.
Shares of the cloud services provider have depreciated by 9.96% over the course of the past month, underperforming the Computer and Technology sector's gain of 5.37%, and the S&P 500's gain of 3.93%.
Analysts and investors alike will be keeping a close eye on the performance of Akamai Technologies in its upcoming earnings disclosure. The company's earnings report is set to go public on May 7, 2026. The company is expected to report EPS of $1.61, down 5.29% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.07 billion, up 5.73% from the year-ago period.
AKAM's full-year Zacks Consensus Estimates are calling for earnings of $6.87 per share and revenue of $4.48 billion. These results would represent year-over-year changes of -3.51% and +6.49%, respectively.
It is also important to note the recent changes to analyst estimates for Akamai Technologies. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.73% lower. Akamai Technologies currently has a Zacks Rank of #3 (Hold).
Investors should also note Akamai Technologies's current valuation metrics, including its Forward P/E ratio of 13.83. This represents no noticeable deviation compared to its industry average Forward P/E of 13.83.
We can also see that AKAM currently has a PEG ratio of 1.98. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Services industry had an average PEG ratio of 1.98 as trading concluded yesterday.
The Internet - Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 168, finds itself in the bottom 32% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Akamai Technologies (AKAM) Stock Sinks As Market Gains: Here's Why
Akamai Technologies (AKAM - Free Report) closed at $88.84 in the latest trading session, marking a -6.43% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.18%. On the other hand, the Dow registered a gain of 0.66%, and the technology-centric Nasdaq increased by 1.96%.
Shares of the cloud services provider have depreciated by 9.96% over the course of the past month, underperforming the Computer and Technology sector's gain of 5.37%, and the S&P 500's gain of 3.93%.
Analysts and investors alike will be keeping a close eye on the performance of Akamai Technologies in its upcoming earnings disclosure. The company's earnings report is set to go public on May 7, 2026. The company is expected to report EPS of $1.61, down 5.29% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.07 billion, up 5.73% from the year-ago period.
AKAM's full-year Zacks Consensus Estimates are calling for earnings of $6.87 per share and revenue of $4.48 billion. These results would represent year-over-year changes of -3.51% and +6.49%, respectively.
It is also important to note the recent changes to analyst estimates for Akamai Technologies. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.73% lower. Akamai Technologies currently has a Zacks Rank of #3 (Hold).
Investors should also note Akamai Technologies's current valuation metrics, including its Forward P/E ratio of 13.83. This represents no noticeable deviation compared to its industry average Forward P/E of 13.83.
We can also see that AKAM currently has a PEG ratio of 1.98. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Services industry had an average PEG ratio of 1.98 as trading concluded yesterday.
The Internet - Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 168, finds itself in the bottom 32% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.