AKAMAI REPORTS FOURTH QUARTER 2024 AND FULL-YEAR 2024 FINANCIAL RESULTS
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February 21, 2025 10:11 AM EST
Citi analyst Fatima Boolani lowered the price target on Akamai Technologies (NASDAQ: AKAM) to $95.00 (from $102.00) while maintaining a Neutral rating.
The analyst comments "A mixed-bag C4Q (slight Delivery beat despite Edgio implies light organic, with Security+Compute inline; OPM upsiding while FCF... More
February 21, 2025 5:26 AM EST
Evercore ISI analyst Amit Daryanani lowered the price target on Akamai Technologies (NASDAQ: AKAM) to $105.00 (from $110.00) while maintaining a Outperform rating.
The analyst comments "ALL YOU NEED TO KNOW: AKAM reported Dec-qtr results at the higher end of their revenue guidance and a strong beat on EPS at $1,019.9M /$1.66 (vs. street at $1,015.4M/$1.52). Overall growth came in at +2.5% y/y, driven by acceleration in Compute (+25% y/y) and continued strength in Security (+14% y/y), offset by Delivery weakness (-18% y/y... More
February 20, 2025 4:03 PM EST
Akamai Technologies (NASDAQ: AKAM) reported Q4 EPS of $1.66, $0.14 better than the analyst estimate of $1.52. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $1.01 billion.
GUIDANCE:
Akamai Technologies sees Q1 2025 EPS of $1.54-$1.59, versus the consensus of $1.61.... More
