# Akamai Technologies, Inc.  Share Price Target ‘$115.27’, now 29.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/akamai-technologies-inc.share-price-target-115.27-now-29.0-upside-potential/4121161895
- Published: 2024-06-24T14:00:01+01:00
- Author: Charlotte Edwards

**Akamai Technologies, Inc.** with ticker code (AKAM) have now 17 market analysts
covering the stock. The analyst consensus now points to 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). Now with the previous closing
price of $89.36 this would imply there is now a potential upside of 29.0%. The 50
day MA is $95.85 while the 200 day moving average is $107.96. The market cap for
the company is 13.54B. The stock price is currently at: $88.92 USD

 The potential market cap would be $17,471,128,111 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 22.17, 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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