We rank companies based on fund manager, research analyst and news sentiment
AKAM stock icon

Akamai
AKAM

$103.47
1.54%
 

About: Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. The firm also offers security and cloud computing for its customers, and those businesses have grown to be bigger than the legacy CDN.

Employees: 10,250

0
Funds holding %
of 6,474 funds
0
Analysts bullish %
of 14 analysts
0
News positive %
of 13 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

105% more first-time investments, than exits

New positions opened: 119 | Existing positions closed: 58

13% more capital invested

Capital invested by funds: $14.9B [Q3] → $16.8B (+$1.98B) [Q4]

13% more funds holding in top 10

Funds holding in top 10: 8 [Q3] → 9 (+1) [Q4]

9% more funds holding

Funds holding: 661 [Q3] → 722 (+61) [Q4]

2.68% more ownership

Funds ownership: 91.71% [Q3] → 94.39% (+2.68%) [Q4]

18% less repeat investments, than reductions

Existing positions increased: 228 | Existing positions reduced: 278

19% less call options, than puts

Call options by funds: $355M | Put options by funds: $439M

Research analyst outlook

14 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$78
25%
downside
Avg. target
$120
16%
upside
High target
$150
45%
upside

14 analyst ratings

positive
50%
neutral
29%
negative
21%
Tigress Financial
Ivan Feinseth
35%upside
$140
Strong Buy
Maintained
8 Mar 2024
Baird
William Power
30%upside
$135
Outperform
Upgraded
7 Mar 2024
HSBC
Stephen Bersey
7%downside
$96
Reduce
Downgraded
15 Feb 2024
Baird
William Power
24%upside
$128
Neutral
Maintained
14 Feb 2024
JP Morgan
Mark Murphy
22%downside
$81
Underweight
Maintained
14 Feb 2024

Financial journalist opinion

Based on 13 articles about AKAM published over the past 30 days