NASDAQ
AKAM

Akamai Technologies Inc

Software-Infrastructure
Technology

Prices are adjusted according to historical splits.

Akamai Technologies Inc Stock Price

Vitals

Today's Low:
$103.925
Today's High:
$105.34
Open Price:
$104.2
52W Low:
$72.14
52W High:
$123.25
Prev. Close:
$104.75
Volume:
1308431

Company Statistics

Market Cap.:
$11.68 billion
Book Value:
27.862
Revenue TTM:
$3.62 billion
Operating Margin TTM:
19.88%
Gross Profit TTM:
$2.24 billion
Profit Margin:
14.48%
Return on Assets TTM:
5.47%
Return on Equity TTM:
11.78%

Company Profile

Akamai Technologies Inc had its IPO on 1999-10-29 under the ticker symbol AKAM.

The company operates in the Technology sector and Software-Infrastructure industry. Akamai Technologies Inc has a staff strength of 9,800 employees.

Stock update

Shares of Akamai Technologies Inc opened at $104.2 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $103.93 - $105.34, and closed at $104.01.

This is a -0.71% slip from the previous day's closing price.

A total volume of 1,308,431 shares were traded at the close of the day’s session.

In the last one week, shares of Akamai Technologies Inc have slipped by -1.27%.

Akamai Technologies Inc's Key Ratios

Akamai Technologies Inc has a market cap of $11.68 billion, indicating a price to book ratio of 3.3 and a price to sales ratio of 3.7444.

In the last 12-months Akamai Technologies Inc’s revenue was $3.62 billion with a gross profit of $2.24 billion and an EBITDA of $1.15 billion. The EBITDA ratio measures Akamai Technologies Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Akamai Technologies Inc’s operating margin was 19.88% while its return on assets stood at 5.47% with a return of equity of 11.78%.

In Q4, Akamai Technologies Inc’s quarterly earnings growth was a positive 15.2% while revenue growth was a positive 2.5%.

Akamai Technologies Inc’s PE and PEG Ratio

Forward PE
15.1976
Trailing PE
22.3713
PEG
1.3608

Its diluted EPS in the last 12-months stands at $3.34 per share while it has a forward price to earnings multiple of 15.1976 and a PEG multiple of 1.3608. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Akamai Technologies Inc’s profitability.

Akamai Technologies Inc stock is trading at a EV to sales ratio of 4.5235 and a EV to EBITDA ratio of 12.653. Its price to sales ratio in the trailing 12-months stood at 3.7444.

Akamai Technologies Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$8.30 billion
Total Liabilities
$818.87 million
Operating Cash Flow
$0
Capital Expenditure
$110.79 million
Dividend Payout Ratio
0%

Akamai Technologies Inc ended 2024 with $8.30 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $8.30 billion while shareholder equity stood at $4.36 billion.

Akamai Technologies Inc ended 2024 with $0 in deferred long-term liabilities, $818.87 million in other current liabilities, in common stock, $1.78 billion in retained earnings and $2.76 billion in goodwill. Its cash balance stood at $542.34 million and cash and short-term investments were $1.11 billion. The company’s total short-term debt was $196,094,000 while long-term debt stood at $2.29 billion.

Akamai Technologies Inc’s total current assets stands at $1.97 billion while long-term investments were $320.53 million and short-term investments were $562.98 million. Its net receivables were $679.21 million compared to accounts payable of $145.42 million and inventory worth $0.

In 2024, Akamai Technologies Inc's operating cash flow was $0 while its capital expenditure stood at $110.79 million.

Comparatively, Akamai Technologies Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$104.01
52-Week High
$123.25
52-Week Low
$72.14
Analyst Target Price
$94.93

Akamai Technologies Inc stock is currently trading at $104.01 per share. It touched a 52-week high of $123.25 and a 52-week low of $123.25. Analysts tracking the stock have a 12-month average target price of $94.93.

Its 50-day moving average was $97.76 and 200-day moving average was $87.57 The short ratio stood at 4.72 indicating a short percent outstanding of 0%.

Around 158.1% of the company’s stock are held by insiders while 9587.1% are held by institutions.

Frequently Asked Questions About Akamai Technologies Inc

The stock symbol (also called stock or share ticker) of Akamai Technologies Inc is AKAM

The IPO of Akamai Technologies Inc took place on 1999-10-29

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About

Akamai Technologies, Inc. provides cloud services for securing, delivering, and computing content, applications, and software over the internet in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance. It also provides web and mobile performance solutions to enable dynamic websites and applications; media delivery solutions, including video streaming and video player services, game and software delivery, broadcast operations, authoritative domain name system, resolution, and data and analytics; and cloud computing services, such as compute, storage, networking, database, and container management services to build, deploy, and secure applications and workloads. In addition, the company offers carrier offerings, including cybersecurity protection, parental controls, DNS infrastructure and content delivery solutions; and an array of service and support to assist customers with integrating, configuring, optimizing, and managing its offerings. It sells its solutions through direct sales and service organizations, as well as through various channel partners. The company was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.

Address

145 Broadway, Cambridge, MA, United States, 02142