Grufity logoGrufity logo
StocksFundsSearch FilingsAPI

Akamai Technologies Inc Stock Research

AKAM

106.25USD-1.36(-1.26%)Market Closed
Watchlist

Market Summary

USD106.25-1.36
Market Closed
-1.26%

AKAM Alerts

  • 4 major insider sales recently.

AKAM Stock Price

AKAM RSI Chart

AKAM Valuation

Market Cap

16.1B

Price/Earnings (Trailing)

33.71

Price/Sales (Trailing)

4.41

EV/EBITDA

13.31

Price/Free Cashflow

17.15

AKAM Price/Sales (Trailing)

AKAM Profitability

Operating Margin

61.08%

EBT Margin

17.20%

Return on Equity

11.68%

Return on Assets

5.96%

Free Cashflow Yield

5.83%

AKAM Fundamentals

AKAM Revenue

Revenue (TTM)

3.7B

Revenue Y/Y

3.59%

Revenue Q/Q

2.19%

AKAM Earnings

Earnings (TTM)

478.4M

Earnings Y/Y

-6.55%

Earnings Q/Q

32.66%

Price Action

52 Week Range

70.65109.05
(Low)(High)

Last 7 days

-0.4%

Last 30 days

3.3%

Last 90 days

19.3%

Trailing 12 Months

31.6%

AKAM Financial Health

Current Ratio

2.03

AKAM Investor Care

Buy Backs (1Y)

5.15%

Diluted EPS (TTM)

3.06

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for AKAM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-18
McGowan Edward J
sold
-255,228
103
-2,456
chief financial officer
2023-09-16
Salem-Jackson Kim
acquired
-
-
459
evp, chief marketing officer
2023-09-16
Salem-Jackson Kim
sold (taxes)
-21,527
104
-206
evp, chief marketing officer
2023-09-15
McGowan Edward J
sold
-911,088
105
-8,640
chief financial officer
2023-09-15
Joseph Paul C
sold
-422,680
105
-4,000
evp - global sales
2023-09-01
Howell Laura
acquired
-
-
349
vp, chief accounting officer
2023-09-01
Howell Laura
sold (taxes)
-10,929
105
-104
vp, chief accounting officer
2023-08-28
LEIGHTON F THOMSON
gifted
-
-
-92,006
chief executive officer
2023-08-25
Williams Anthony P
sold
-296,669
103
-2,880
evp and chro
2023-08-18
Blumofe Robert
sold
-199,060
99.53
-2,000
chief technology officer

1–10 of 50

Which funds bought or sold AKAM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Baystate Wealth Management LLC
unchanged
-
1,157
8,987
-%
2023-09-20
BARCLAYS PLC
added
35.06
60,193,000
169,588,000
0.11%
2023-09-12
Farther Finance Advisors, LLC
added
1.46
1,765
12,492
-%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
57.00
449
-%
2023-09-05
Covenant Partners, LLC
added
0.97
53,780
392,193
0.14%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
174
1,349
-%
2023-09-01
Portside Wealth Group, LLC
new
-
279,765
279,765
0.05%
2023-08-30
Narus Financial Partners, LLC
reduced
-42.73
-212,242
407,111
0.21%
2023-08-29
Garde Capital, Inc.
unchanged
-
77,000
596,000
0.05%
2023-08-24
Alberta Investment Management Corp
unchanged
-
37,024
287,584
-%

1–10 of 40

Latest Funds Activity

Are funds buying AKAM calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AKAM
No. of Funds

Schedule 13G FIlings of Akamai Tech

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jun 08, 2023
blackrock inc.
10.1%
15,337,819
SC 13G
Feb 09, 2023
vanguard group inc
11.42%
17,952,230
SC 13G/A
Jan 24, 2023
blackrock inc.
9.6%
15,086,632
SC 13G/A
Feb 09, 2022
vanguard group inc
10.85%
17,625,754
SC 13G/A
Feb 03, 2022
blackrock inc.
8.8%
14,373,706
SC 13G/A
Feb 10, 2021
vanguard group inc
10.82%
17,608,178
SC 13G/A
Feb 09, 2021
clearbridge investments, llc
4.0%
6,510,905
SC 13G/A
Feb 05, 2021
blackrock inc.
8.8%
14,258,519
SC 13G/A
Feb 14, 2020
clearbridge investments, llc
5.04%
8,146,978
SC 13G
Feb 12, 2020
vanguard group inc
10.78%
17,421,955
SC 13G/A

Recent SEC filings of Akamai Tech

View All Filings
Date Filed Form Type Document
Sep 19, 2023
8-K
Current Report
Sep 18, 2023
4
Insider Trading
Sep 18, 2023
4
Insider Trading
Sep 15, 2023
144
Notice of Insider Sale Intent
Sep 15, 2023
144
Notice of Insider Sale Intent
Sep 15, 2023
4
Insider Trading
Sep 15, 2023
4
Insider Trading
Sep 13, 2023
4
Insider Trading
Sep 05, 2023
4
Insider Trading
Aug 30, 2023
4
Insider Trading

AKAM Fair Value

Loading...

Peers (Alternatives to Akamai Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
374.0B
23.6B
-1.86% 36.29%
36.56
15.86
13.06% 5.47%
196.2B
63.6B
-2.56% 21.14%
27.38
3.09
6.65% 8.08%
32.9B
14.6B
1.57% -28.34%
-1.4
2.26
1.28% -2886.41%
30.5B
9.3B
-3.54% 5.00%
38.01
3.29
5.09% 943.73%
16.1B
3.7B
3.34% 31.64%
33.71
4.41
2.48% -21.66%
MID-CAP
8.3B
2.5B
2.92% 51.57%
39.93
3.36
17.75% -7.81%
4.9B
4.4B
8.72% -3.78%
6.47
1.11
-9.80% -15.47%
4.7B
1.5B
-2.73% -80.92%
27.26
3.03
22.18% 35.10%
4.5B
4.8B
-7.54% 30.60%
26.43
0.94
5.74% -8.06%
SMALL-CAP
1.1B
1.3B
16.67% 9.03%
30.77
0.8
4.60% 957.58%
733.3M
3.8B
6.33% -1.18%
-2.22
0.19
-4.55% -409.35%
511.5M
193.7M
-2.50% 9.96%
15.82
2.64
17.44% 3.23%
488.2M
359.1M
-7.87% 4.52%
-56.43
1.36
19.78% 52.80%

Akamai Tech News

Seeking Alpha
Earnings week ahead: Disney, Palantir, Plug Power, Roblox, Rivian ....
Seeking Alpha,
52 days ago
Seeking Alpha

Returns for AKAM

Cumulative Returns on AKAM

7.5%


10-Year Cumulative Returns

10.5%


7-Year Cumulative Returns

8.0%


5-Year Cumulative Returns

-1.6%


3-Year Cumulative Returns

Risks for AKAM

What is the probability of a big loss on AKAM?

46.1%


Probability that Akamai Tech stock will be more than 20% underwater in next one year

13.5%


Probability that Akamai Tech stock will be more than 30% underwater in next one year.

1.1%


Probability that Akamai Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AKAM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Akamai Tech was unfortunately bought at previous high price.

Drawdowns

Financials for Akamai Tech

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue0.9%3,6613,6293,6173,5943,5733,5223,4613,4023,3353,2773,1983,1243,0412,9512,8942,8352,7952,7522,7342,6802,634
Cost Of Revenue1.9%1,4391,4121,3841,3511,3221,2951,2691,2471,2141,1711,1331,0871,0501,015988974966959953939926
Costs and Expenses1.9%3,0572,9992,9402,8892,8232,7482,6782,6802,6372,5882,5402,4652,4202,3852,3452,3012,2872,3242,3522,3852,365
  S&GA Expenses1.9%519509502499483468462477491503510510510521524521525521517511503
  R&D Expenses1.8%390383391379368353335309293280269271269266261253249247246245242
EBITDA-100.0%-1,2211,2621,2831,3231,3401,3511,2841,2371,2101,1641,1511,1081,0421,023------
EBITDA Margin-100.0%-0.34*0.35*0.36*0.37*0.38*0.39*0.38*0.37*0.37*0.36*0.37*0.36*0.35*0.35*------
Interest Expenses2.0%11.0011.0011.0027.0042.0057.0072.0071.0071.0070.0069.0068.0063.0054.0049.0047.0050.0050.0043.0033.0024.00
Earnings Before Taxes-3.3%603624658671706721728676651646616617587539532516489407343262243
EBT Margin-100.0%-0.17*0.18*0.19*0.20*0.20*0.21*0.20*0.20*0.20*0.19*0.20*0.19*0.18*0.18*------
Net Income-1.9%478487524555611629652604584590557563542494478453423352298232188
Net Income Margin-100.0%-0.13*0.14*0.15*0.16*0.17*0.19*0.18*0.18*0.18*0.17*0.18*0.18*0.17*0.17*------
Free Cashflow-100.0%-9541,0331,0801,0811,0841,076925827781701719685690699------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets2.0%8,3468,1838,3038,1368,2318,3128,1398,1157,9217,8187,7647,5147,2256,9487,0076,3575,3435,1835,4625,3645,605
  Current Assets1.2%1,7181,6981,9701,6961,5661,4641,9202,7622,2532,1611,9302,2432,1932,0152,2322,2541,7451,8182,5352,4302,484
    Cash Equivalents-0.1%2992995424584273785381,2655814573537435723843947385166891,037705977
  Net PPE--------1,5431,5381,5111,4781,3831,2811,1811,1521,0801,019951911884853
  Goodwill20246.2%2,84814.002,7642,7532,7646172,1561,6801,6861,6821,6741,5991,5951,5941,6001,5831,5871,587---
Liabilities1.1%4,0574,0123,9433,8553,9183,9983,6093,5333,4443,4973,5133,4073,3213,2763,3492,8561,9481,9002,2702,2082,159
  Current Liabilities2.9%8618368197538178697907316477157587176576306936035915701,2111,1961,136
Shareholder's Equity2.8%4,2894,1714,3604,2814,3134,3154,5304,5824,4774,3214,2514,1083,9043,6723,6583,5023,3953,2833,1923,1563,445
  Retained Earnings6.4%2,1462,0171,9201,7921,6681,5301,2571,09691776160549233317148.00-71.10-208-322-430-524-632
  Additional Paid-In Capital4.8%2,7522,6252,5793,1053,0542,9753,3413,7903,7443,6653,6653,7813,7353,6593,6533,9193,7613,6863,6704,3534,304
Shares Outstanding-0.6%152153156158160160161163163163163163162162162162163163163166170
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations1.9%1,3111,2861,2751,3201,3411,3771,4051,3091,3211,2421,2151,2061,1011,1211,0581,0621,0759771,008920845
  Share Based Compensation16.0%258223217208206205203204206204197194190189187185185184184181176
Cashflow From Investing-31.3%-558-425-622-1,371-883-927-646-420-1,038-968-1,042-1,014-1,695-2,014-1,667-906-150-158-506-880-834
Cashflow From Financing5.2%-881-930-634-725-589-522-562-363-281-212-223-195651598-35.68-118-1,388-481234309623
  Buy Backs-3.2%826854608701635567522324240171194164326380335416681765750680369

AKAM Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Revenue$ 935,721$ 903,332$ 1,851,419$ 1,806,979
Costs and operating expenses:    
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)373,275346,649734,591679,401
Research and development99,04192,070190,904192,005
Sales and marketing136,554126,665265,661249,384
General and administrative151,811141,219297,950294,481
Amortization of acquired intangible assets15,89816,97231,81030,616
Restructuring charge9,3574,71554,08012,731
Total costs and operating expenses785,936728,2901,574,9961,458,618
Income from operations149,785175,042276,423348,361
Interest and marketable securities income (loss), net4,509(2,331)9,801(2,542)
Interest expense(3,157)(2,932)(5,838)(5,627)
Other (expense) income, net(1,130)816(3,493)(8,749)
Income before provision for income taxes150,007170,595276,893331,443
Provision for income taxes(21,191)(32,755)(50,971)(52,592)
Loss from equity method investment000(7,635)
Net income$ 128,816$ 137,840$ 225,922$ 271,216
Net income per share:    
Basic (in dollars per share)$ 0.85$ 0.86$ 1.47$ 1.69
Diluted (in dollars per share)$ 0.84$ 0.85$ 1.46$ 1.67
Shares used in per share calculations:    
Basic (in shares)152,064160,038153,850160,266
Diluted (in shares)153,454161,710154,795162,674

AKAM Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 298,612$ 542,337
Marketable securities491,947562,979
Accounts receivable, net of reserves of $8,038 and $5,917 at June 30, 2023, and December 31, 2022, respectively698,445679,206
Prepaid expenses and other current assets229,468185,040
Total current assets1,718,4721,969,562
Marketable securities249,211320,531
Property and equipment, net1,746,0811,540,182
Operating lease right-of-use assets884,687813,372
Acquired intangible assets, net437,257441,716
Goodwill2,848,4672,763,838
Deferred income tax assets337,034337,677
Other assets124,756116,522
Total assets8,345,9658,303,400
Current liabilities:  
Accounts payable194,493145,420
Accrued expenses269,265367,017
Deferred revenue138,608105,109
Revolving credit facility20,0000
Operating lease liabilities217,224196,094
Other current liabilities21,1845,228
Total current liabilities860,774818,868
Deferred revenue27,14922,117
Deferred income tax liabilities18,83918,400
Convertible senior notes2,287,4812,285,258
Operating lease liabilities758,302693,265
Other liabilities104,253105,305
Total liabilities4,056,7983,943,213
Commitments and contingencies
Stockholders’ equity:  
Preferred stock, $0.01 par value; 5,000,000 shares authorized; 700,000 shares designated as Series A Junior Participating Preferred Stock; no shares issued or outstanding00
Common stock, $0.01 par value; 700,000,000 shares authorized; 157,982,228 shares issued and 151,790,861 shares outstanding at June 30, 2023, and 156,494,816 shares issued and outstanding at December 31, 20221,5801,565
Additional paid-in capital2,751,6812,578,603
Accumulated other comprehensive loss(119,964)(140,332)
Treasury stock, at cost, 6,191,367 shares at June 30, 2023, and no shares at December 31, 2022(490,403)0
Retained earnings2,146,2731,920,351
Total stockholders’ equity4,289,1674,360,187
Total liabilities and stockholders’ equity$ 8,345,965$ 8,303,400
Frank T. Leighton
8700
Akamai Technologies, Inc. provides cloud services for securing, delivering, and optimizing content and business applications over the internet in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance. It also provides web and mobile performance solutions to enable dynamic websites and applications; media delivery solutions, including video streaming and video player services, game and software delivery, broadcast operations, authoritative domain name system, resolution, and data and analytics; and edge compute solutions to enable developers to deploy and distribute code at the edge. In addition, the company offers carrier offerings, including cybersecurity protection, parental controls, DNS infrastructure and content delivery solutions; and an array of service and support to assist customers with integrating, configuring, optimizing, and managing its offerings. It sells its solutions through direct sales and service organizations, as well as through various channel partners. Akamai Technologies, Inc. was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.