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Akamai Technologies (AKAM) Surpasses Market Returns: Some Facts Worth Knowing
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Akamai Technologies (AKAM - Free Report) ended the recent trading session at $89.63, demonstrating a +2.73% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.28% for the day. At the same time, the Dow added 1.02%, and the tech-heavy Nasdaq lost 0.02%.
Coming into today, shares of the cloud services provider had lost 25.69% in the past month. In that same time, the Computer and Technology sector lost 2.28%, while the S&P 500 gained 0.67%.
The upcoming earnings release of Akamai Technologies will be of great interest to investors. The company's earnings report is expected on November 5, 2026. The company's upcoming EPS is projected at $1.67, signifying a 10.22% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.12 billion, showing a 6.07% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $6.62 per share and a revenue of $4.49 billion, representing changes of -7.02% and +6.59%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Akamai Technologies. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.43% lower within the past month. Currently, Akamai Technologies is carrying a Zacks Rank of #4 (Sell).
Looking at valuation, Akamai Technologies is presently trading at a Forward P/E ratio of 13.18. This denotes a discount relative to the industry average Forward P/E of 14.91.
Investors should also note that AKAM has a PEG ratio of 2.22 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Internet - Services industry held an average PEG ratio of 1.61.
The Internet - Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 72, which puts it in the top 30% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow AKAM in the coming trading sessions, be sure to utilize Zacks.com.
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Akamai Technologies (AKAM) Surpasses Market Returns: Some Facts Worth Knowing
Akamai Technologies (AKAM - Free Report) ended the recent trading session at $89.63, demonstrating a +2.73% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.28% for the day. At the same time, the Dow added 1.02%, and the tech-heavy Nasdaq lost 0.02%.
Coming into today, shares of the cloud services provider had lost 25.69% in the past month. In that same time, the Computer and Technology sector lost 2.28%, while the S&P 500 gained 0.67%.
The upcoming earnings release of Akamai Technologies will be of great interest to investors. The company's earnings report is expected on November 5, 2026. The company's upcoming EPS is projected at $1.67, signifying a 10.22% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.12 billion, showing a 6.07% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $6.62 per share and a revenue of $4.49 billion, representing changes of -7.02% and +6.59%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Akamai Technologies. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.43% lower within the past month. Currently, Akamai Technologies is carrying a Zacks Rank of #4 (Sell).
Looking at valuation, Akamai Technologies is presently trading at a Forward P/E ratio of 13.18. This denotes a discount relative to the industry average Forward P/E of 14.91.
Investors should also note that AKAM has a PEG ratio of 2.22 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Internet - Services industry held an average PEG ratio of 1.61.
The Internet - Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 72, which puts it in the top 30% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow AKAM in the coming trading sessions, be sure to utilize Zacks.com.