In the latest quarter, 10 analysts provided ratings for Akamai Techs (NASDAQ:AKAM), showcasing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Analysts have set 12-month price targets for Akamai Techs, revealing an average target of $101.6, a high estimate of $120.00, and a low estimate of $72.00. This current average represents a 5.44% decrease from the previous average price target of $107.44.

Investigating Analyst Ratings: An Elaborate Study

A clear picture of Akamai Techs's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Akamai Techs's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Akamai Techs analyst ratings.

All You Need to Know About Akamai Techs

Understanding the Numbers: Akamai Techs's Finances

Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.

Revenue Growth: Over the 3 months period, Akamai Techs showcased positive performance, achieving a revenue growth rate of 4.06% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Akamai Techs's net margin is impressive, surpassing industry averages. With a net margin of 5.76%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Akamai Techs's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.21%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Akamai Techs's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.57%, the company showcases efficient use of assets and strong financial health.

Debt Management: Akamai Techs's debt-to-equity ratio is below the industry average at 0.97, reflecting a lower dependency on debt financing and a more conservative financial approach.

What Are Analyst Ratings?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.