|Bid||89.49 x 1200|
|Ask||89.44 x 800|
|Day's Range||88.78 - 89.97|
|52 Week Range||57.18 - 93.12|
|Beta (3Y Monthly)||0.48|
|PE Ratio (TTM)||35.06|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||91.67|
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.
CAMBRIDGE, Mass., Aug. 29, 2019 /PRNewswire/ -- Akamai (AKAM), the intelligent edge platform for securing and delivering digital experiences, today announced that it has been positioned in the Leaders category in the IDC MarketScape: Worldwide Commercial CDN 2019 Vendor Assessment. As a Leader in the report, Akamai is recognized for its market reach, capabilities and innovation in the areas of web performance, media delivery, cloud security and network operations across its highly distributed global CDN infrastructure.
Akamai Technologies (AKAM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The company said it had given up a $700,000 tax break because it does not anticipate creating 700 new jobs at its soon-to-open Cambridge headquarters by the end of 2020.
Google LLC plans to sublease Akamai Technologies Inc.’s current headquarters when the Cambridge-based internet giant moves into its newly constructed home across the street. Google (Nasdaq: GOOG) will occupy floors two through nine at 150 Broadway, and plans a fall 2020 move in. Akamai will keep the first floor, but plans to move into its new headquarters at 145 Broadway this November, a spokesperson said. “Google has finalized a deal to sublease office space from Akamai at 150 Broadway,” a Google spokesperson said in an email to the Business Journal. “This will serve as additional space to accommodate our continued short-term and long-term growth in Cambridge.” Office and lab vacancy in Cambridge's Kendall Square has been near zero for some time, as tech and biotechnology tenants flood the neighborhood in search of skilled talent and proximity to nearby institutions like MIT and Harvard University.
As Walt Disney, AT&T; and others launch new internet TV services, investors should eye plays on 'derivatives' such as Roku stock, Akamai and Trade Desk, says RBC Capital.
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
Akamai (AKAM) has a strong balance sheet, which will help it in capitalizing on investment opportunities and pursuing strategic acquisitions, further improving growth prospects.
CAMBRIDGE, Mass., Aug. 13, 2019 /PRNewswire/ -- Akamai Technologies, Inc. (AKAM) ("Akamai"), the intelligent edge platform for securing and delivering digital experiences, today announced that it has priced its private offering of $1,000,000,000 in aggregate principal amount of its convertible senior notes due 2027. In addition, Akamai has granted the initial purchasers of the notes an option to purchase up to an additional $150,000,000 in aggregate principal amount of notes on the same terms and conditions. The notes will be senior unsecured obligations of Akamai and will mature on September 1, 2027, unless earlier repurchased or converted in accordance with their terms prior to such date.
As Akamai enters its third decade in business, the recent pivot to cybersecurity appears to be paying off, according to both company executives and industry analysts.
Akamai (AKAM) announces senior notes offering worth $1.15 billion, which is expected to provide financial flexibility and propel long-term growth.
CAMBRIDGE, Mass., Aug. 12, 2019 /PRNewswire/ -- Akamai Technologies, Inc. (AKAM) ("Akamai"), the intelligent edge platform for securing and delivering digital experiences, today announced that it proposes to offer, subject to market factors and other conditions, $1,000,000,000 in aggregate principal amount of convertible senior notes due 2027. The notes are to be offered and sold to "qualified institutional buyers" pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").
Akamai Technologies (AKAM) -- which provides cloud services for delivering, optimizing and securing content and business applications over the Internet -- is a new buyback recommendation, notes David Fried, editor of The Buyback Letter.
Akamai Technologies is holding near highs after a recent breakout. Katie Stockton of Fairlead Strategies says this is what's driving this software stock's uptrend.