Akamai Technologies, Inc. Share Price Target ‘$115.27’, now 29.0% Upside Potential

Broker Ratings
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Akamai Technologies, Inc. with ticker code (AKAM) have now 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $135.00 and $92.00 suggesting an average analyst share price target price of $115.27. (at the time of writing). Now with the previous closing price of $89.36 this would imply there is now a potential upside of 29.0%. The 50 day MA is $95.85 while the 200 day moving average is $107.96. The market cap for the company is 13.54B. The stock price is currently at: $88.92 USD

The potential market cap would be $17,471,128,111 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 22.17, revenue per share of $25.63 and a 4.81% return on assets.

Akamai Technologies, Inc. develops and provides solutions through its worldwide network of servers. The Company provides solutions in three core categories: security, content delivery and compute. Its cloud security solutions include Web application and API protection, bot management and mitigation to protect against credential abuse and account takeover, customer identity and access management, distributed denial of service (DDoS) mitigation, protection from in-browser threats to protect against supply chain compromise and audience hijacking. Its web and mobile performance solutions leverage intelligent performance optimization and real-time monitoring, origin offload and network reliability, and insights that enable enterprises to identify and address performance issues. Its web and mobile performance capabilities also include global traffic management and other. Its cloud computing services include compute, storage, networking, database and container management services.

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