Akamai (AKAM)

• Market cap: $12.1B
• 1 day: -0.36%
• 5 days: -2.06%
• 1 month: -0.98%
• 3 months: -15.94%
• 6 months: -19.65%
• Year to date: -15.94%
• 1 year: -26.63%
• 5 years: -12.43%
• 10 years: 14.08%
• Sector: Industrials
• Industry: Business Services

About: Akamai operates a content delivery network, 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: 10,700

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

25% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 5 (+1) [Q4]

23% more call options, than puts

Call options by funds: $1.03B | Put options by funds: $843M

2.4% more ownership

Funds ownership: 93.55% [Q3] → 95.95% (+2.4%) [Q4]

5% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 77

1% more capital invested

Capital invested by funds: $14.3B [Q3] → $14.5B (+$183M) [Q4]

1% less funds holding

Funds holding: 673 [Q3] → 663 (-10) [Q4]

18% less repeat investments, than reductions

Existing positions increased: 222 | Existing positions reduced: 270

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $72 10% downside
• Avg. target: $98 22% upside
• High target: $110 37% upside

9 analyst ratings

• positive: 4 44%
• neutral: 4 44%
• negative: 1 11%

Oppenheimer Param Singh 0% 1-year accuracy 0 / 6 met price target	25% upside $100	Outperform Assumed	20 Mar 2025
Citigroup Fatima Boolani 47% 1-year accuracy 16 / 34 met price target	18% upside $95	Neutral Maintained	24 Feb 2025
RBC Capital Rishi Jaluria 41% 1-year accuracy 30 / 74 met price target	12% upside $90	Sector Perform Maintained	21 Feb 2025
Raymond James Frank Louthan 25% 1-year accuracy 4 / 16 met price target	37% upside $110	Outperform Maintained	21 Feb 2025
Scotiabank Patrick Colville 49% 1-year accuracy 20 / 41 met price target	33% upside $107	Sector Outperform Maintained	21 Feb 2025