# Akamai Technologies, Inc.  Share Price Target ‘$115.27’, now 27.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/akamai-technologies-inc.share-price-target-115.27-now-27.6-upside-potential/4121164279
- Published: 2024-07-08T12:05:02+01:00
- Author: Charlotte Edwards

**Akamai Technologies, Inc.** which can be found using ticker (AKAM) now have 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 suggesting an 
average analyst share price target price of $115.27. (at the time of writing). Given
that the stocks previous close was at $90.33 and the analysts are correct then we
can expect a percentage increase in value of 27.6%. The 50 day MA is $93.63 while
the 200 day moving average is $107.28. The market capitalization for the company
is 13.78B. The current stock price for Microsoft Corporation is currently $90.47
USD

 The potential market cap would be $17,584,792,015 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 22.56, 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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