Akamai Technologies, Inc. Share Price Target ‘$118.31’, now 18.4% Upside Potential

Broker Ratings
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Akamai Technologies, Inc. with ticker code (AKAM) have now 20 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $140.00 and $97.80 calculating the mean target share price we have $118.31. (at the time of writing). Given that the stocks previous close was at $99.96 this would indicate that there is a potential upside of 18.4%. The 50 day MA is $96.14 and the 200 day MA is $105.41. The total market capitalization for the company now stands at 15.15B. Currently the stock stands at: $99.96 USD

The potential market cap would be $17,927,041,117 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 24.8, 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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