The latest trading day saw Akamai Technologies (AKAM) settling at $120.01, representing a -4.84% change from its previous close.
AKAM's security business is gaining from rising demand for web application firewall, API security solutions, helping position the segment for continued growth.
Akamai Technologies is pivoting from declining content delivery to growth in cloud infrastructure and security, underpinned by a $1.8B, seven-year cloud contract. Cloud Infrastructure Services are expected to grow at least 50% in 2026, driving double-digit total revenue growth by 2027, despite heavy upfront capex. AKAM's valuation at 18.8x 2026 non-GAAP earnings appears reasonable, with committed demand reducing risk versus speculative capacity investments.
| Transportation Infrastructure Industry | Industrials Sector | Dr. F. Thomson Leighton CEO | XMEX Exchange | US00971T1016 ISIN |
| BR Country | 11,419 Employees | - Last Dividend | - Last Split | 29 Oct 1999 IPO Date |
Akamai Technologies, Inc. is a pioneering company in providing comprehensive cloud services aimed at securing, delivering, and optimizing content and business applications over the Internet both in the United States and around the globe. The company embarks on a critical mission to safeguard infrastructure, websites, applications, and user experiences against a myriad of cyber threats and online dangers, while simultaneously boosting performance. With its foundation laid in 1998 and headquartered in Cambridge, Massachusetts, Akamai Technologies stands at the forefront, leveraging its direct sales and service organizations along with a network of channel partners to bring its cutting-edge solutions to a vast client base.
Akamai Technologies offers a wide array of products and services designed to meet the diverse needs of its clients. These include: