Akamai Technologies Stock Today

AKAM Stock  USD 100.73  0.39  0.39%   

Performance

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Odds Of Distress

Less than 1

 
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Akamai Technologies is selling at 100.73 as of the 19th of April 2024; that is 0.39 percent increase since the beginning of the trading day. The stock's lowest day price was 100.02. Akamai Technologies has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Akamai Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
29th of October 1999
Category
Technology
Classification
Information Technology
Akamai Technologies, Inc. provides cloud services for securing, delivering, and optimizing content and business applications over the internet in the United States and internationally. Akamai Technologies, Inc. was incorporated in 1998 and is headquartered in Cambridge, Massachusetts. The company has 153.21 M outstanding shares of which 8 M shares are presently shorted by private and institutional investors with about 4.65 trading days to cover. More on Akamai Technologies

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Akamai Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Akamai Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Akamai Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Akamai Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Akamai Technologies' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Co-Founder, CEO and DirectorThomson Leighton
Thematic IdeaTechnology (View all Themes)
Business ConcentrationInternet Services & Infrastructure, Software - Infrastructure, Information Technology, Nasdaq CTA Artificial, SP 500 Index, ISE Cloud Computing, NASDAQ Composite, NASDAQ Composite Total, Technology, Information Technology, IT Services, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Akamai Technologies report their recommendations after researching Akamai Technologies' financial statements, talking to executives and customers, or listening in on Akamai Technologies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Akamai Technologies. The Akamai consensus assessment is calculated by taking the average forecast from all of the analysts covering Akamai Technologies.
Financial Strength
Based on the key indicators related to Akamai Technologies' liquidity, profitability, solvency, and operating efficiency, Akamai Technologies is performing exceptionally good at the present time. It has a great chance to report excellent financial results in May. Financial strength of Akamai Technologies is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.350.385
Moderately Down
Very volatile
Gross Profit Margin0.790.5688
Significantly Up
Slightly volatile
Total Current Liabilities877.8 M836 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total4.7 B4.5 B
Sufficiently Up
Slightly volatile
Total Assets10.4 B9.9 B
Sufficiently Up
Slightly volatile
Total Current Assets1.1 B1.8 B
Way Down
Slightly volatile
Akamai Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Akamai Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Akamai Technologies' financial leverage. It provides some insight into what part of Akamai Technologies' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Akamai Technologies' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Akamai Technologies deploys its capital and how much of that capital is borrowed.
Liquidity
Akamai Technologies cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 4.54 B in liabilities with Debt to Equity (D/E) ratio of 0.74, which is about average as compared to similar companies. Akamai Technologies has a current ratio of 2.21, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Akamai Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Akamai Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Akamai Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Akamai to invest in growth at high rates of return. When we think about Akamai Technologies' use of debt, we should always consider it together with cash and equity.

Net Income

575.01 Million
Akamai Technologies (AKAM) is traded on NASDAQ Exchange in USA. It is located in 145 Broadway, Cambridge, MA, United States, 02142 and employs 10,250 people. Akamai Technologies is listed under Internet Services & Infrastructure category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 15.43 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Akamai Technologies's market, we take the total number of its shares issued and multiply it by Akamai Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Akamai Technologies conducts business under IT Services sector and is part of Information Technology industry. The entity has 153.21 M outstanding shares of which 8 M shares are presently shorted by private and institutional investors with about 4.65 trading days to cover. Akamai Technologies currently holds about 864.15 M in cash with 1.35 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.5.
Check Akamai Technologies Probability Of Bankruptcy
Ownership Allocation
Akamai Technologies retains a total of 153.21 Million outstanding shares. The majority of Akamai Technologies outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Akamai Technologies to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Akamai Technologies. Please pay attention to any change in the institutional holdings of Akamai Technologies as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Akamai Ownership Details

Akamai Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Akamai Technologies jumping above the current price in 90 days from now is more than 94.0%. The Akamai Technologies probability density function shows the probability of Akamai Technologies stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Akamai Technologies has a beta of 0.6042. This suggests as returns on the market go up, Akamai Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Akamai Technologies will be expected to be much smaller as well. Additionally, akamai Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 100.73HorizonTargetOdds Above 100.73
6.12%90 days
 100.73 
93.83%
Based on a normal probability distribution, the odds of Akamai Technologies to move above the current price in 90 days from now is more than 94.0 (This Akamai Technologies probability density function shows the probability of Akamai Stock to fall within a particular range of prices over 90 days) .

Akamai Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Akamai Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Akamai Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Akamai Technologies' value.
InstituionRecorded OnShares
Barclays Plc2023-12-31
2.6 M
King Luther Capital Management Corp2023-12-31
2.4 M
Jericho Capital Asset Management Lp2023-12-31
2.4 M
Arrowstreet Capital Limited Partnership2023-12-31
2.1 M
Jpmorgan Chase & Co2023-12-31
M
Amvescap Plc.2023-12-31
M
Mackenzie Investments2023-12-31
M
Earnest Partners Llc2023-12-31
M
Northern Trust Corp2023-12-31
1.9 M
Vanguard Group Inc2023-12-31
17.6 M
Blackrock Inc2023-12-31
14.3 M
View Akamai Technologies Diagnostics

Akamai Technologies Historical Income Statement

Akamai Technologies Income Statement is one of the three primary financial statements used for reporting Akamai's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Akamai Technologies revenue and expense. Akamai Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Akamai Technologies' EBIT is very stable compared to the past year. As of the 19th of April 2024, Research Development is likely to grow to about 426.4 M, while Total Operating Expenses is likely to drop about 853.4 M. View More Fundamentals

Akamai Stock Against Markets

Picking the right benchmark for Akamai Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Akamai Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Akamai Technologies is critical whether you are bullish or bearish towards Akamai Technologies at a given time. Please also check how Akamai Technologies' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Akamai Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Akamai Technologies Corporate Directors

Akamai Technologies corporate directors refer to members of an Akamai Technologies board of directors. The board of directors generally takes responsibility for the Akamai Technologies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Akamai Technologies' board members must vote for the resolution. The Akamai Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Martin CoyneIndependent DirectorProfile
Daniel HesseDirectorProfile
Madhu RanganathanDirectorProfile
Geoffrey MooreIndependent DirectorProfile

How to buy Akamai Stock?

Before investing in Akamai Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Akamai Technologies. To buy Akamai Technologies stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Akamai Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Akamai Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Akamai Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Akamai Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Akamai Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Akamai Stock please use our How to Invest in Akamai Technologies guide.

Already Invested in Akamai Technologies?

The danger of trading Akamai Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Akamai Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Akamai Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Akamai Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Akamai Technologies is a strong investment it is important to analyze Akamai Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Akamai Technologies' future performance. For an informed investment choice regarding Akamai Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akamai Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Akamai Stock, please use our How to Invest in Akamai Technologies guide.
Note that the Akamai Technologies information on this page should be used as a complementary analysis to other Akamai Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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Is Akamai Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Akamai Technologies. If investors know Akamai will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Akamai Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.257
Earnings Share
3.52
Revenue Per Share
24.995
Quarterly Revenue Growth
0.072
Return On Assets
0.0486
The market value of Akamai Technologies is measured differently than its book value, which is the value of Akamai that is recorded on the company's balance sheet. Investors also form their own opinion of Akamai Technologies' value that differs from its market value or its book value, called intrinsic value, which is Akamai Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Akamai Technologies' market value can be influenced by many factors that don't directly affect Akamai Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Akamai Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akamai Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akamai Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.