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Akamai Technologies Inc has a consensus price target of $112.6 based on the ratings of 27 analysts. The high is $140 issued by Tigress Financial on August 29, 2024. The low is $79 issued by Loop Capital on March 1, 2023. The 3 most-recent analyst ratings were released by Baird, Scotiabank, and Tigress Financial on November 11, 2024, November 8, 2024, and August 29, 2024, respectively. With an average price target of $122.33 between Baird, Scotiabank, and Tigress Financial, there's an implied 41.75% upside for Akamai Technologies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Akamai Techs (NASDAQ:AKAM) was reported by Baird on November 11, 2024. The analyst firm set a price target for $115.00 expecting AKAM to rise to within 12 months (a possible 33.26% upside). 37 analyst firms have reported ratings in the last year.
The latest analyst rating for Akamai Techs (NASDAQ:AKAM) was provided by Baird, and Akamai Techs maintained their outperform rating.
The last upgrade for Akamai Technologies Inc happened on August 9, 2024 when Craig-Hallum raised their price target to $125. Craig-Hallum previously had a hold for Akamai Technologies Inc.
The last downgrade for Akamai Technologies Inc happened on February 15, 2024 when HSBC changed their price target from $109 to $96 for Akamai Technologies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Akamai Techs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Akamai Techs was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest Akamai Techs (AKAM) rating was a maintained with a price target of $120.00 to $115.00. The current price Akamai Techs (AKAM) is trading at is $86.30, which is out of the analyst’s predicted range.
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