Akamai Technologies (AKAM) PT Raised to $100 at RBC Capital
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Akamai Technologies (AKAM) PT Raised to $115 at Citi
August 13, 2024 4:43 PM EDTCiti analyst Fatima Boolani raised the price target on Akamai Technologies (NASDAQ: AKAM) to $115.00 (from $110.00) while maintaining a Neutral rating.
The analyst comments "We update CitiE modestly post C2Q24 results, where slight CY24E lift + unchanged out-year trajectory on intact exit multiples... More
Akamai Technologies (AKAM) PT Raised to $120 at DA Davidson
August 12, 2024 4:56 PM EDTDA Davidson analyst Rudy Kessinger raised the price target on Akamai Technologies (NASDAQ: AKAM) to $120.00 (from $115.00) while maintaining a Buy rating.
The analyst comments "We are sharing incremental color given on a group investor call we hosted earlier today with AKAM's CFO Ed... More
Akamai forecasts quarterly revenue above estimates on cybersecurity demand
August 8, 2024 5:05 PM EDT(Reuters) - Akamai Technologies forecast third-quarter revenue and profit above estimates on Thursday, betting on strong demand for its cybersecurity services as businesses spend heavily on safeguarding their systems against rising threats from hackers.
Shares of the Cambridge, Massachusetts-based company rose 4% in extended trading.
Akamai expects third-quarter revenue in the... More
Akamai Technologies (AKAM) Tops Q2 EPS by 5c, Beats on Revenue; Offers FY24 Guidance
August 8, 2024 4:03 PM EDTAkamai Technologies (NASDAQ: AKAM) reported Q2 EPS of $1.58, $0.05 better than the analyst estimate of $1.53. Revenue for the quarter came in at $980 million versus the consensus estimate of $977.62 million.
GUIDANCE:
Akamai Technologies sees FY2024 EPS of $6.34-$6.47, versus the consensus of $6.31.... More
