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Akamai Technologies Inc has a consensus price target of $113.89 based on the ratings of 30 analysts. The high is $140 issued by Tigress Financial on August 29, 2024. The low is $79 issued by Loop Capital on March 1, 2023. The 3 most-recent analyst ratings were released by Tigress Financial, RBC Capital, and DA Davidson on August 29, 2024, August 15, 2024, and August 13, 2024, respectively. With an average price target of $120 between Tigress Financial, RBC Capital, and DA Davidson, there's an implied 20.58% upside for Akamai Technologies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Akamai Techs (NASDAQ:AKAM) was reported by Tigress Financial on August 29, 2024. The analyst firm set a price target for $140.00 expecting AKAM to rise to within 12 months (a possible 40.68% upside). 43 analyst firms have reported ratings in the last year.
The latest analyst rating for Akamai Techs (NASDAQ:AKAM) was provided by Tigress Financial, and Akamai Techs maintained their strong buy rating.
The last upgrade for Akamai Technologies Inc happened on August 9, 2024 when Craig-Hallum raised their price target to $125. Craig-Hallum previously had a hold for Akamai Technologies Inc.
The last downgrade for Akamai Technologies Inc happened on February 15, 2024 when HSBC changed their price target from $109 to $96 for Akamai Technologies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Akamai Techs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Akamai Techs was filed on August 29, 2024 so you should expect the next rating to be made available sometime around August 29, 2025.
While ratings are subjective and will change, the latest Akamai Techs (AKAM) rating was a maintained with a price target of $140.00 to $140.00. The current price Akamai Techs (AKAM) is trading at is $99.52, which is out of the analyst’s predicted range.
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