Akamai Technologies Stock Today

AKAM Stock  USD 93.86  0.76  0.82%   

Performance

0 of 100

 
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Odds Of Distress

Less than 3

 
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Akamai Technologies is selling at 93.86 as of the 28th of November 2024; that is 0.82 percent increase since the beginning of the trading day. The stock's lowest day price was 92.83. 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. Note, on January 10, 2023, Senator Susan M Collins of US Senate acquired $15k to $50k worth of Akamai Technologies's common stock.
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 150.23 M outstanding shares of which 9.11 M shares are presently shorted by private and institutional investors with about 4.18 trading days to cover. More on Akamai Technologies

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Akamai Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Co-Founder, CEO and DirectorThomson Leighton
Thematic Ideas
(View all Themes)
Business ConcentrationInternet Services & Infrastructure, Software - Infrastructure, Information Technology, ISE Cloud Computing, SP 500 Index, NASDAQ Composite, Nasdaq CTA Artificial, Macroaxis Picks, Technology, Information Technology, IT Services, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.350.385
Moderately Down
Very volatile
Gross Profit Margin0.790.5697
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
Debt Levels
Akamai Technologies can leverage 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.
Liquidity
Akamai Technologies 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. Note, when we think about Akamai Technologies' use of debt, we should always consider it together with its 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 10,947 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 13.99 B. Akamai Technologies conducts business under IT Services sector and is part of Information Technology industry. The entity has 150.23 M outstanding shares of which 9.11 M shares are presently shorted by private and institutional investors with about 4.18 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 holds a total of 150.23 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. Also note that nearly eight hundred twenty-six thousand two hundred fourty-nine invesors are currently shorting Akamai Technologies expressing very little confidence in its future performance.
Check Akamai Ownership Details

Akamai Stock Institutional Holders

InstituionRecorded OnShares
Bank Of New York Mellon Corp2024-06-30
3.1 M
Legal & General Group Plc2024-06-30
2.9 M
Barclays Plc2024-06-30
2.6 M
Amvescap Plc.2024-06-30
2.5 M
Mackenzie Investments2024-09-30
2.3 M
Earnest Partners Llc2024-06-30
2.1 M
Edmond De Rothschild Holding S.a.2024-09-30
M
Nordea Investment Mgmt Bank Demark A/s2024-09-30
M
Dimensional Fund Advisors, Inc.2024-09-30
1.9 M
Vanguard Group Inc2024-09-30
18.2 M
Blackrock Inc2024-06-30
14.2 M
View Akamai Technologies Diagnostics

Akamai Technologies Historical Income Statement

At this time, Akamai Technologies' Operating Income is very stable compared to the past year. As of the 28th of November 2024, EBIT is likely to grow to about 703.7 M, while Income Tax Expense is likely to drop about 61.3 M. View More Fundamentals

Akamai Stock Against Markets

Akamai Technologies Corporate Management

Charlie RiceSenior DevelopmentProfile
Kim JacksonExecutive OfficerProfile
Mani SundaramExecutive GroupProfile
Tom BarthHead - Investor RelationsProfile

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 closely tied 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.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Internet Services & Infrastructure space 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
(0.64)
Earnings Share
3.38
Revenue Per Share
26.167
Quarterly Revenue Growth
0.041
Return On Assets
0.0419
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.