# Akamai Technologies, Inc.  Share Price Target ‘$129.25’, now 18.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/akamai-technologies-inc.share-price-target-129.25-now-18.8-upside-potential/4121149567
- Published: 2024-04-02T12:59:48+01:00
- Author: Charlotte Edwards

**Akamai Technologies, Inc.** with ticker code (AKAM) have now 16 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The range
between the high target price and low target price is between $150.00 and $96.00
calculating the average target share price we see $129.25. (at the time of writing).
Given that the stocks previous close was at $108.76 this indicates there is a potential
upside of 18.8%. The 50 day MA is $114.97 and the 200 day moving average is $107.40.
The company has a market cap of 16.57B. The current stock price for Microsoft Corporation
is currently $109.33 USD

 The potential market cap would be $19,687,896,661 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 31.06, revenue per share of $25.00
and a 4.86% 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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