StreetInsider.com News Articles

DA Davidson Reiterates Buy Rating on Akamai Technologies (AKAM)

Tue, 29 Sep 2026 09:34:38 -0400

DA Davidson analyst Rudy Kessinger reiterated a Buy rating and $150.00 price target on Akamai Technologies (NASDAQ: AKAM).

The analyst commented, "We caught up w/ AKAM's Head of IR & Treasurer earlier today to better understand how the company is analyzing returns on capital for the Anthropic deal. Our view around ROIC has not changed much, though we do understand that from an IRR perspective, this deal should be NPV accretive, w/ an IRR of ~15%, albeit w/ some obvious risk of reinvesting future cash flows in CY28 & beyond at that RoR depending on how the compute demand environment evolves.

SoftServe joins Akamai's Partner Connect program

Tue, 29 Sep 2026 06:31:56 -0400

Akamai (NASDAQ: AKAM) announced that SoftServe, a technology services company specializing in AI, data, and cloud solutions, has joined the Akamai Partner Connect program, according to a press release dated Sept. 29, 2026.

Under the partnership, SoftServe will offer cloud strategy support, custom-built large and small language models, and AI inferencing optimized for distributed GPU networks. The collaboration targets enterprises in the high-tech, healthcare, financial services, and manufacturing sectors.

"Dealing with multicloud environments shouldn't be an obstacle to your goals," said Olga Salaichuk, Vice President of Technology at SoftServe. "By partnering with Akamai, we're handling the complex back-end tasks for our clients."

Parimal

Akamai Welcomes SoftServe to Partner Connect Program

Tue, 29 Sep 2026 06:30:00 -0400

SoftServe joins Akamai Partner Connect to help enterprises optimize multicloud environments, lower infrastructure costs, and accelerate edge AI deployments.
Delivers custom-built language models (LLMs/SLMs), cloud strategy support, and AI inferencing optimized for distributed GPU networks.
Provides specialized managed services and AI consulting for high-tech, healthcare, financial, and manufacturing sectors.

CAMBRIDGE, Mass., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Akamai (NASDAQ: AKAM) today announced SoftServe, an AI and technology services company with expertise in data and cloud solutions, has joined the Akamai Partner Connect program. SoftServe enables enterprises operating

Akamai Welcomes SoftServe to Partner Connect Program

Tue, 29 Sep 2026 06:30:00 -0400

SoftServe joins Akamai Partner Connect to help enterprises optimize multicloud environments, lower infrastructure costs, and accelerate edge AI deployments.
Delivers custom-built language models (LLMs/SLMs), cloud strategy support, and AI inferencing optimized for distributed GPU networks.
Provides specialized managed services and AI consulting for high-tech, healthcare, financial, and manufacturing sectors.

Raymond James Reiterates Outperform Rating on Akamai Technologies (AKAM)

Tue, 29 Sep 2026 05:09:50 -0400

Raymond James analyst Frank Louthan IV reiterated an Outperform rating and $170.00 price target on Akamai Technologies (NASDAQ: AKAM).

The analyst comments "We are maintaining our Outperform rating on shares of Akamai (AKAM) following the expanded seven-year $11.6B expansion with Anthropic, which bodes well for similar future deals. We believe the lackluster response is due to confusion regarding the pricing and returns, which we address here. We are maintaining our PT, raising estimates, and establishing 2028 estimates as well. What They are Getting. The Street has struggled with the Anthropic economics since the announcement as it is unclear how the business

Form 4 AKAMAI TECHNOLOGIES INC For: Sep 25 Filed by: Sundaram Mani

Mon, 28 Sep 2026 16:52:00 -0400

si-local-file:///var/storage/secattach/20260928/27115260.html

Form 4 AKAMAI TECHNOLOGIES INC For: Sep 25 Filed by: Salem-Jackson Kim

Mon, 28 Sep 2026 16:44:00 -0400

si-local-file:///var/storage/secattach/20260928/27115180.html

Akamai Technologies (AKAM) PT Lowered to $150 at DA Davidson on Capex Required for Anthropic Deal

Mon, 28 Sep 2026 08:59:56 -0400

DA Davidson analyst Rudy Kessinger lowered the price target on Akamai Technologies (NASDAQ: AKAM) to $150.00 (from $185.00) while maintaining a Buy rating.

The analyst commented, "Updating our CY26 & CY27 estimates for the Anthropic deal announced last week. We are not yet publishing CY28 or CY29 estimates, but we note the $14.4B in total CIS commitments signed YTD should be ~$4 accretive to EPS by CY29 once fully ramped. The cost to acquire that EPS is the key debate, w/ the overwhelming majority of investors we have spoken with viewing the Antrhopic deal as a poor use of capital given

Akamai Technologies (AKAM) PT Lowered to $150 at DA Davidson on Capex Required for Anthropic Deal

Mon, 28 Sep 2026 08:59:56 -0400

DA Davidson analyst Rudy Kessinger lowered the price target on Akamai Technologies (NASDAQ: AKAM) to $150.00 (from $185.00) while maintaining a Buy rating.

Akamai Technologies (AKAM) PT Lowered to $150 at DA Davidson

Mon, 28 Sep 2026 08:30:19 -0400

(Updated - September 28, 2026 8:30 AM EDT)

DA Davidson analyst Rudy Kessinger lowered the price target on Akamai Technologies (NASDAQ: AKAM) to $150.00 (from $185.00) while maintaining a Buy rating.

The analyst commented: "Updating our CY26 & CY27 estimates for the Anthropic deal announced last week. We are not yet publishing CY28 or CY29 estimates, but we note the $14.4B in total CIS commitments signed YTD should be ~$4 accretive to EPS by CY29 once fully ramped. The cost to acquire that EPS is the key debate, w/ the overwhelming majority of investors we have spoken with viewing the Antrhopic deal

Akamai Technologies (AKAM) PT Lowered to $150 at DA Davidson

Mon, 28 Sep 2026 08:30:19 -0400

(Updated - September 28, 2026 8:30 AM EDT)

DA Davidson analyst Rudy Kessinger lowered the price target on Akamai Technologies (NASDAQ: AKAM) to $150.00 (from $185.00) while maintaining a Buy rating.

Akamai Technologies (AKAM) December 90 and January 85 puts active

Mon, 28 Sep 2026 05:54:04 -0400

Akamai Technologies (NASDAQ: AKAM) 30-day option implied volatility is at 56; compared to its 52-week range of 25 to 84. Call put ratio 2.5 calls 1 put with a focus on December 90 and January 85 puts.

Form 144 AKAMAI TECHNOLOGIES INC Filed by: Sundaram Mani

Fri, 25 Sep 2026 16:19:00 -0400

si-local-file:///var/storage/secattach/20260925/27107628.html

Form 144 AKAMAI TECHNOLOGIES INC Filed by: Salem-Jackson Kim

Fri, 25 Sep 2026 16:18:00 -0400

si-local-file:///var/storage/secattach/20260925/27107609.html

Form 8-K AKAMAI TECHNOLOGIES INC For: Sep 22

Fri, 25 Sep 2026 16:05:00 -0400

si-local-file:///var/storage/secattach/20260925/27107352.html

Investing.com’s stocks of the week

Fri, 25 Sep 2026 14:04:17 -0400

Investing.com -- AI news once again drove significant moves this week, with one name under pressure over its data center plans.

Here are Investing.com's stocks of the week:

Meta Platforms

Meta surged 11.3% on Monday and is on track to close up over 9% in the last week following its Meta Connect event, where the company detailed a series of AI breakthroughs.

Mizuho analyst Lloyd Walmsley reiterated an Outperform rating and $750 price target on the stock, saying the event more explicitly attached Muse AI as a killer app fused deeply into the company's hardware strategy, from AR glasses through to

Investing.com’s stocks of the week

Fri, 25 Sep 2026 14:04:17 -0400

Investing.com -- AI news once again drove significant moves this week, with one name under pressure over its data center plans.

Here are Investing.com's stocks of the week:

Meta Platforms

Meta surged 11.3% on Monday and is on track to close up over 9% in the last week following its Meta Connect event, where the company detailed a series of AI breakthroughs.

Investing.com’s stocks of the week

Fri, 25 Sep 2026 14:04:17 -0400

Investing.com -- AI news once again drove significant moves this week, with one name under pressure over its data center plans.

Here are Investing.com's stocks of the week:

Meta Platforms

Meta surged 11.3% on Monday and is on track to close up over 9% in the last week following its Meta Connect event, where the company detailed a series of AI breakthroughs.

Investing.com’s stocks of the week

Fri, 25 Sep 2026 14:04:17 -0400

Investing.com -- AI news once again drove significant moves this week, with one name under pressure over its data center plans.

Here are Investing.com's stocks of the week:

Meta Platforms

Meta surged 11.3% on Monday and is on track to close up over 9% in the last week following its Meta Connect event, where the company detailed a series of AI breakthroughs.

Investing.com’s stocks of the week

Fri, 25 Sep 2026 14:04:17 -0400

Investing.com -- AI news once again drove significant moves this week, with one name under pressure over its data center plans.

Here are Investing.com's stocks of the week:

Meta Platforms

Meta surged 11.3% on Monday and is on track to close up over 9% in the last week following its Meta Connect event, where the company detailed a series of AI breakthroughs.

Investing.com’s stocks of the week

Fri, 25 Sep 2026 14:04:17 -0400

Investing.com -- AI news once again drove significant moves this week, with one name under pressure over its data center plans.

Here are Investing.com's stocks of the week:

Meta Platforms

Meta surged 11.3% on Monday and is on track to close up over 9% in the last week following its Meta Connect event, where the company detailed a series of AI breakthroughs.

Akamai Technologies (AKAM) PT Raised to $149 at TD Cowen

Fri, 25 Sep 2026 09:24:20 -0400

TD Cowen analyst Michael Elias raised the price target on Akamai Technologies (NASDAQ: AKAM) to $149.00 (from $140.00) while maintaining a Hold rating.

The analyst commented: "Akamai Inks $11.6B Deal With Anthropic Over Seven Years; AKAM announced an $11.6B, 7yr. AI infra agreement with Anthropic, its largest contract ever, bringing 2026 cloud contract value to ~$14.4B. While the deal validates strong AI infrastructure demand and AKAM's ability to secure large deployments, we remain cautious on the LT durability of CIS economics. That said, persistent compute shortages should support continued near-term contract wins.

Our Take: We view the announced win as further evidence

Akamai Technologies (AKAM) PT Raised to $149 at TD Cowen

Fri, 25 Sep 2026 09:24:20 -0400

TD Cowen analyst Michael Elias raised the price target on Akamai Technologies (NASDAQ: AKAM) to $149.00 (from $140.00) while maintaining a Hold rating.

Our Take: We view the announced win as further evidence

DA Davidson Reiterates Buy Rating on Akamai Technologies (AKAM) on $11.6B Anthropic Commitment

Fri, 25 Sep 2026 09:01:52 -0400

DA Davidson analyst Rudy Kessinger reiterated a Buy rating and $185.00 price target on Akamai Technologies (NASDAQ: AKAM).

The analyst commented, "Yesterday AMC, AKAM announced an $11.6B / 7-year follow on commitment from Anthropic to support their accelerating CPU workload demands, which is in addition to the $1.8B / 7-year commitment Anthropic signed earlier this year. This commitment could be expanded by an additional $9B during the 7-year period as well. Per the details shared, we est. EBIT Margin on the $14.6B of CIS commitments signed YTD is ~30% at full revenue run-rate. In short, future growth & EPS estimates will

Akamai Technologies (AKAM) PT Raised to $167 at JPMorgan

Fri, 25 Sep 2026 08:52:38 -0400

JPMorgan analyst Samik Chatterjee raised the price target on Akamai Technologies (NASDAQ: AKAM) to $167.00 (from $158.00) while maintaining a Neutral rating.