Akamai Technologies, Inc. Share Price Target ‘$118.28’, now 18.9% Upside Potential

Broker Ratings
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Akamai Technologies, Inc. with ticker code (AKAM) now have 19 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $140.00 and $97.80 calculating the average target share price we see $118.28. (at the time of writing). Now with the previous closing price of $99.52 and the analysts are correct then we can expect a percentage increase in value of 18.9%. It’s also worth noting that there is a 50 day moving average of $98.08 and the 200 moving average now moves to $104.29. The total market capitalization for the company now stands at 15.26B. The stock price is currently at: $100.72 USD

The potential market cap would be $18,139,514,307 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 24.99, revenue per share of $25.91 and a 4.66% 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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