Akamai Technologies, Inc. with ticker code (AKAM) now have 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $150.00 and $78.00 calculating the mean target share price we have $120.00. (at the time of writing). Given that the stocks previous close was at $128.15 this indicates there is a potential downside of -6.4%. It’s also worth noting that there is a 50 day moving average of $119.83 and the 200 day MA is $103.93. The market cap for the company is 18.88B. The stock price for Apple Inc. is $125.05 USD
The potential market cap would be $17,681,669,693 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 37.78, revenue per share of $25.00 and a 4.77% 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.
