90.05 +0.21 (0.23%)
Pre-Market: 4:00AM EDT
|Bid||88.44 x 800|
|Ask||0.00 x 900|
|Day's Range||89.17 - 90.00|
|52 Week Range||57.18 - 93.12|
|Beta (3Y Monthly)||0.47|
|PE Ratio (TTM)||35.22|
|Earnings Date||Oct 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||91.67|
With these new features, the Akamai Intelligent Edge Platform enables organizations to optimize and secure the critical point where they monetize and differentiate their services and push the boundaries of digital experiences. "The edge is both where a business and its customers meet and a place where valuable insights can be gained and shared globally at lightning speed," said Rick McConnell, President and GM of Akamai's Web Division.
Legacy tech giant Cisco Systems Inc. (CSCO), despite dropping nearly 20% over the past three months, could see its stock skyrocket by 70% to reach $80 per share, back to the high it reached during the bubble era in 2000, according to Evercore ISI analyst Amit Daryanani, as outlined by Barron’s. That could add $140 billion to the company's market value, which today stands at just under $200 billion. Daryanani is upbeat about Cisco’s shift away from hardware to a software-driven model and its focus on new high-growth sectors of the market such as cybersecurity and applications. As for Cisco’s core networking segment, the Evercore analyst is forecasting growth in the low- to mid-single digits on a percentage basis.
Akamai's (AKAM) ChameleonX acquisition will provide it robust threat detection technology and enhance security portfolio amid sophisticated hacking techniques.
CAMBRIDGE, Mass., Oct. 9, 2019 /PRNewswire/ -- Akamai Technologies, Inc. (AKAM), the intelligent edge platform for securing and delivering digital experiences, today announces that the company has entered into an agreement to acquire ChameleonX, an Israel-based company with a unique solution to protect websites from an increasingly publicized and insidious form of attack that entails credit card skimming and user credential theft via malicious or compromised third-party scripts. The intended transaction is expected to further strengthen Akamai's industry leading security portfolio. As a leader in cloud and enterprise security solutions, and the world's largest distributed edge platform, Akamai has unparalleled visibility into internet threats, including emerging threat vectors.
As uncertainty over the outcome of the Sino-American trade deal rises, investors should scoop up stocks that stand to gain from an all-out trade war.
Akamai's strong media division traffic, growing adoption of cloud-based security solutions and robust over-the top (OTT) content viewing will drive the top and bottom line.
CAMBRIDGE, Mass. , Oct. 2, 2019 /PRNewswire/ -- Akamai Technologies , Inc. (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences, announced today that the company ...
Akamai Technologies (AKAM) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Stock futures: Apple led Monday's stock market rally from Friday's sell-off. Microsoft leads five software stocks in or near buy zones as many of the early 2019 winners are heavily damaged.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it...
Akamai's (AKAM) strong media division traffic, growing adoption of cloud-based security solutions and robust over-the top (OTT) content viewing are key positives.
Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included the meat alternative leader and a Chinese conglomerate. Bearish calls last week included ...
Position based on ability to execute and completeness of vision CAMBRIDGE, Mass. , Sept. 20, 2019 /PRNewswire/ -- Akamai Technologies , Inc. (NASDAQ: AKAM), the intelligent edge platform for securing ...
CAMBRIDGE, Mass. , Sept. 19, 2019 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences, today announces that the company has ...
Akamai’s valuation reflects strong sentiment compared to historical levels, which Nispel believes is a function of excitement in CDN from OTT video services from Walt Disney Co (NYSE: DIS), AT&T Inc. (NYSE: T), Apple Inc. (NASDAQ: AAPL) and Comcast Corporation (NASDAQ: CMCSA) launching in 2019 and 2020. “Forecasting the benefit to CDNs is near impossible, but we believe AKAM’s valuation reflects accelerating demand from these new service launches as well as the benefit to CDN in 2020 from the Olympics and the 2020 presidential election,” said Nispel.
CAMBRIDGE, Mass. , Sept. 18, 2019 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences, today announces that the company is ...
The Maine Republican’s spouse bought shares of cybersecurity firm Akamai in August, his first purchase of the stock this year. Akamai stock has trounced the S&P 500 index this year.
CAMBRIDGE, Mass., Sept. 9, 2019 /PRNewswire/ -- Akamai Technologies (AKAM), the intelligent edge platform for securing and delivering digital experiences, today announces that the company has entered into an agreement to acquire Exceda, its largest channel partner in Latin America. "Akamai and Exceda both share the view that there is growing customer demand for Akamai's Content Delivery Network and cloud security services in Latin America," said Rick McConnell, president and general manager of Akamai's web division. "Today, Akamai powers many of the top Latin American retail and large bank websites in the region and securely delivers major online events for regional broadcasters.
In this article we are going to estimate the intrinsic value of Akamai Technologies, Inc. (NASDAQ:AKAM) by taking the...
Most tech stocks have had a stellar run over the last 10 years. Here, we look at five tech stocks that we believe are overvalued.