# Akamai Technologies, Inc. – Consensus ‘buy’ rating and 30.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/akamai-technologies-inc.consensus-buy-rating-and-30.5-upside-potential/4121160543
- Published: 2024-06-17T14:42:14+01:00
- Author: Charlotte Edwards

**Akamai Technologies, Inc.** with ticker code (AKAM) have now 17 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The target price
High/Low ranges between $135.00 and $92.00 and has a mean target at $115.27. Given
that the stocks previous close was at $88.35 this indicates there is a potential
upside of 30.5%. The 50 day moving average now sits at $97.21 and the 200 day MA
is $108.28. The market cap for the company is 13.57B. The stock price is currently
at: $89.09 USD

 The potential market cap would be $17,704,636,994 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 22.22, revenue per share of $25.63
and a 4.81% return on assets.

Akamai Technologies, Inc. develops and provides solutions through its worldwide 
network of servers. The Company provides solutions in three core categories: security,
content delivery and compute. Its cloud security solutions include Web application
and API protection, bot management and mitigation to protect against credential 
abuse and account takeover, customer identity and access management, distributed
denial of service (DDoS) mitigation, protection from in-browser threats to protect
against supply chain compromise and audience hijacking. Its web and mobile performance
solutions leverage intelligent performance optimization and real-time monitoring,
origin offload and network reliability, and insights that enable enterprises to 
identify and address performance issues. Its web and mobile performance capabilities
also include global traffic management and other. Its cloud computing services include
compute, storage, networking, database and container management services.

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