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Akamai Technologies Inc Stock Research

AKAM

78.30USD+1.75(+2.29%)Delayed

Market Summary

USD78.30+1.75
Delayed
2.29%

AKAM Alerts

AKAM Stock Price

AKAM RSI Chart

AKAM Valuation

Market Cap

12.3B

Price/Earnings (Trailing)

23.4

Price/Sales (Trailing)

3.39

EV/EBITDA

9.28

Price/Free Cashflow

11.86

AKAM Price/Sales (Trailing)

AKAM Profitability

Operating Margin

61.74%

EBT Margin

18.19%

Return on Equity

12.01%

Return on Assets

6.31%

Free Cashflow Yield

8.43%

AKAM Fundamentals

AKAM Revenue

Revenue (TTM)

3.6B

Revenue Y/Y

2.48%

Revenue Q/Q

5.2%

AKAM Earnings

Earnings (TTM)

523.7M

Earnings Y/Y

-19.79%

Earnings Q/Q

4.1%

Price Action

52 Week Range

70.65123.25
(Low)(High)

Last 7 days

3.0%

Last 30 days

7.2%

Last 90 days

-7.1%

Trailing 12 Months

-34.4%

AKAM Financial Health

Current Ratio

2.41

AKAM Investor Care

Buy Backs (1Y)

2.50%

Diluted EPS (TTM)

3.27

Peers (Alternatives to Akamai Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MA
350.7B
22.2B
 2.80% 1.98%
35.32
15.77
 17.76% 14.31%
ACN
180.1B
62.4B
 8.43% -14.31%
25.54
2.89
 16.08% 13.77%
FIS
32.9B
14.5B
 -13.56% -45.65%
-1.97
2.26
 4.69% -4109.59%
GPN
27.7B
9.0B
 -5.77% -22.94%
248.33
3.08
 5.30% -88.45%
AKAM
12.3B
3.6B
 7.19% -34.42%
23.4
3.39
 4.49% -19.64%
MID-CAP
WEX
7.9B
2.4B
 -5.10% 3.05%
47.54
3.38
 27.02% 23.58%
EXLS
5.4B
1.4B
 -0.87% 12.95%
37.62
3.81
 25.82% 24.58%
MMS
4.8B
4.7B
 -4.01% 6.40%
25.11
1.01
 6.04% -32.08%
WU
4.2B
4.5B
 -13.30% -39.64%
4.57
0.93
 -11.74% 13.01%
SMALL-CAP
MGI
1.0B
1.3B
 -4.23% -1.33%
29.44
0.77
 2.06% 190.24%
CNDT
748.9M
3.9B
 -12.94% -33.53%
-4.12
0.19
 -6.81% -550.00%
CASS
592.0M
182.5M
 -10.41% 17.34%
16.96
3.24
 18.38% 22.02%
IIIV
564.2M
330.0M
 -0.69% -11.95%
-31.55
1.71
 30.19% -260.46%

Financials for Akamai Tech

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.6%3,6173,5943,5733,5223,461
Cost Of Revenue2.4%1,3841,3511,3221,2951,269
  S&GA Expenses0.8%502499483468462
  R&D Expenses3.2%391379368353335
Costs and Expenses1.8%2,9402,8892,8232,7482,678
EBITDA-1.7%1,2621,2831,3231,340-
EBITDA Margin-2.3%0.35*0.36*0.37*0.38*-
Earnings Before Taxes-1.9%658671706721728
EBT Margin-2.5%0.18*0.19*0.20*0.20*-
Interest Expenses-58.5%11.0027.0042.0057.0072.00
Net Income-5.7%524555611629652
Net Income Margin-6.3%0.14*0.15*0.16*0.17*-
Free Cahsflow-4.3%1,0331,0801,0811,084-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.1%8,3038,1368,2318,3128,139
  Current Assets16.2%1,9701,6961,5661,4641,920
    Cash Equivalents18.5%542458427378537
  Goodwill0.4%2,7642,7532,7646172,156
Liabilities2.3%3,9433,8553,9183,9983,609
  Current Liabilities8.7%819753817869790
Shareholder's Equity1.8%4,3604,2814,3134,3154,530
  Retained Earnings7.2%1,9201,7921,6681,5301,257
  Additional Paid-In Capital-17.0%2,5793,1053,0542,9753,341
Accumulated Depreciation-2,260----
Shares Outstanding-0.9%156158159161161
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-3.4%1,2751,3201,3411,3771,405
  Share Based Compensation4.5%217208206205203
Cashflow From Investing54.6%-622-1,371-883-927-646
Cashflow From Financing12.6%-634-725-589-522-562
  Buy Backs-13.3%608701635567522

Risks for AKAM

What is the probability of a big loss on AKAM?

36.9%

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

10.8%

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

Returns for AKAM

Cumulative Returns on AKAM

8.4%

10-Year Cumulative Returns

5.1%

7-Year Cumulative Returns

2.0%

5-Year Cumulative Returns

-5.1%

3-Year Cumulative Returns

What are the long-term rolling returns for AKAM?

FIve years rolling returns for Akamai Tech.

Annualized Returns

Which funds bought or sold AKAM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-27
Neo Ivy Capital Management
reduced
-16.58
-20,000
142,000
 0.10%
2023-03-23
MetLife Investment Management, LLC
reduced
-2.67
72,711
3,457,400
 0.03%
2023-03-23
ETF MANAGERS GROUP, LLC
reduced
-10.79
-4,044,650
59,491,400
 2.79%
2023-03-17
American Portfolios Advisors
reduced
-1.68
-47,939
306,421
 0.01%
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-11.16
-28,065
364,935
 0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-15.48
-1,251,240
9,833,760
 0.01%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-0.64
212,000
5,151,000
 0.03%
2023-03-06
Rockefeller Capital Management L.P.
sold off
-100
-12,000
-
 -%
2023-03-06
NORTH STAR ASSET MANAGEMENT INC
reduced
-2.56
260,934
11,759,900
 0.73%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
21,075
21,075
 -%

1–10 of 37

Latest Funds Activity

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

AKAM Alerts

Akamai Tech News

Seeking Alpha

Confounded's Top Stock Picks For A Profitable 2022.

Seeking Alpha,
15 months ago

Seeking Alpha

Bespoke's List Of The Most Volatile Stocks On Earnings.

Seeking Alpha,
4 years ago

Schedule 13G FIlings of Akamai Tech

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 10, 2020
blackrock inc.
7.3%
11,831,992
SC 13G/A

AKAM Fair Value

Akamai Tech fair value in different scenarios

The table shows the Fair Value estimates for Akamai Tech for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

54.25

-30.72%

70.67

-9.74%

89.76

14.64%

112.07

43.13%

129.24

65.06%
Current Inflation

50.19

-35.90%

64.14

-18.08%

79.93

2.08%

98.45

25.73%

112.65

43.87%
Very High Inflation

45.19

-42.29%

56.30

-28.10%

68.40

-12.64%

82.71

5.63%

93.64

19.59%

Historical Akamai Tech Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Akamai Tech

View All Filings
Date Filed Form Type Document
Mar 31, 2023
4
Insider Trading
Mar 31, 2023
4/A
Insider Trading
Mar 31, 2023
4/A
Insider Trading
Mar 31, 2023
4/A
Insider Trading
Mar 31, 2023
4/A
Insider Trading
Mar 31, 2023
4/A
Insider Trading
Mar 31, 2023
4/A
Insider Trading
Mar 31, 2023
4/A
Insider Trading
Mar 31, 2023
4/A
Insider Trading
Mar 31, 2023
4/A
Insider Trading

Latest Insider Trading transactions for AKAM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-28
LEIGHTON F THOMSON
bought
25,002
76.46
327
chief executive officer
2023-03-27
LEIGHTON F THOMSON
bought
25,000
76.69
326
chief executive officer
2023-03-24
LEIGHTON F THOMSON
bought
25,034
75.18
333
chief executive officer
2023-03-23
LEIGHTON F THOMSON
bought
25,058
74.8
335
chief executive officer
2023-03-22
LEIGHTON F THOMSON
bought
25,062
75.49
332
chief executive officer
2023-03-21
LEIGHTON F THOMSON
bought
25,061
75.26
333
chief executive officer
2023-03-20
LEIGHTON F THOMSON
bought
25,022
73.38
341
chief executive officer
2023-03-17
LEIGHTON F THOMSON
bought
25,001
72.89
343
chief executive officer
2023-03-16
LEIGHTON F THOMSON
bought
25,014
71.88
348
chief executive officer
2023-03-16
Salem-Jackson Kim
sold (taxes)
-9,855
71.94
-137
evp, chief marketing officer

1–10 of 50

About Akamai Tech

Frank T. Leighton
www.akamai.com
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.

AKAM Income Statement

2022-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Revenue$ 3,616,654$ 3,461,223$ 3,198,149
Costs and operating expenses:   
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)1,383,8191,268,9561,132,672
Research and development391,434335,372269,315
Sales and marketing502,409461,967510,405
General and administrative584,206553,024547,888
Amortization of acquired intangible assets64,98348,01942,049
Restructuring charge13,52910,73737,286
Total costs and operating expenses2,940,3802,678,0752,539,615
Income from operations676,274783,148658,534
Interest and marketable securities income, net3,25815,62029,122
Interest expense(11,096)(72,332)(69,120)
Other (expense) income, net(10,433)1,785(2,454)
Income before provision for income taxes658,003728,221616,082
Provision for income taxes(126,696)(62,571)(45,922)
Loss from equity method investment(7,635)(14,008)(13,106)
Net income$ 523,672$ 651,642$ 557,054
Net income per share:   
Basic (in dollars per share)$ 3.29$ 4.01$ 3.43
Diluted (in dollars per share)$ 3.26$ 3.93$ 3.37
Shares used in per share calculations:   
Basic (in shares)159,089162,665162,490
Diluted (in shares)160,467165,804165,213

AKAM Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 542,337$ 536,725
Marketable securities562,979541,470
Accounts receivable, net of reserves of $5,917 and $1,397 at December 31, 2022 and 2021, respectively679,206675,926
Prepaid expenses and other current assets185,040166,313
Total current assets1,969,5621,920,434
Marketable securities320,5311,088,048
Property and equipment, net1,540,1821,534,329
Operating lease right-of-use assets813,372815,754
Acquired intangible assets, net441,716313,225
Goodwill2,763,8382,156,254
Deferred income tax assets337,677168,342
Other assets116,522142,287
Total assets8,303,4008,138,673
Current liabilities:  
Accounts payable145,420109,928
Accrued expenses367,017411,590
Deferred revenue105,10986,517
Operating lease liabilities196,094175,683
Other current liabilities5,2286,623
Total current liabilities818,868790,341
Deferred revenue22,11725,342
Deferred income tax liabilities18,40040,974
Convertible senior notes2,285,2581,976,167
Operating lease liabilities693,265707,087
Other liabilities105,30568,748
Total liabilities3,943,2133,608,659
Commitments and contingencies (Note 13)
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, $0.01 par value; 700,000,000 shares authorized; 156,494,816 and 160,512,111 shares issued and outstanding at December 31, 2022 and 2021, respectively1,5651,605
Additional paid-in capital2,578,6033,340,822
Accumulated other comprehensive loss(140,332)(69,105)
Retained earnings1,920,3511,256,692
Total stockholders’ equity4,360,1874,530,014
Total liabilities and stockholders’ equity$ 8,303,400$ 8,138,673