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AKAM

93.79USD-1.41(-1.48%)Market Closed

Akamai Technologies Inc

Market Summary

USD93.79-1.41Market Closed
-1.48%

AKAM Alerts

AKAM Stock Price

RSI Chart

Valuation

Market Cap

14.2B

Price/Earnings

24.53

Price/Sales

3.97

Price/Cashflow

10.58

MarketCap/EBT

20.08

Price/Sales

Profitability

Operating Margin

63.01%

EBT Margin

19.76%

Return on Equity

13.51%

Return on Assets

7.04%

Fundamentals

Revenue

Revenue (TTM)

3.6B

Revenue Y/Y

2.51%

Revenue Q/Q

-2.37%

Earnings

Earnings (TTM)

507.4M

Earnings Y/Y

-39.55%

Earnings Q/Q

-9.52%

Price Action

52 Week Range

76.28123.25
(Low)(High)

Last 7 days

1.4%

Last 30 days

9.8%

Last 90 days

6.3%

Trailing 12 Months

-15.5%

Financial Health

Current Ratio

1.92

Debt/Equity

0.15

Debt/Cashflow

2.05

Investor Care

Buy Backs (1Y)

3.22%

Diluted EPS (TTM)

3.12

Peers (Alternatives to Akamai Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
319.9B
21.6B
12.58% 12.93%
32.98
14.79
21.63% 34.86%
182.1B
59.6B
10.16% -16.72%
27.47
3.06
24.28% 14.71%
51.6B
14.5B
-6.81% -29.01%
61.01
3.59
7.14% 307.39%
34.7B
8.9B
-4.18% -14.88%
451.51
3.93
7.95% -92.48%
14.2B
3.6B
9.81% -15.47%
24.53
3.97
5.65% -16.06%
MID-CAP
7.2B
2.2B
9.36% 32.59%
55.43
3.22
27.25% 192.65%
5.8B
1.3B
4.19% 37.88%
41.75
4.37
23.90% 17.48%
5.4B
4.7B
10.74% -12.30%
6.04
1.1
-7.70% 1.95%
3.8B
4.6B
22.63% -4.19%
20.19
0.83
8.85% -30.00%
SMALL-CAP
1.0B
1.3B
3.70% 78.76%
-317.66
0.79
0.80% 147.70%
884.8M
3.9B
9.40% -19.73%
8.27
0.22
-5.47% 11000.00%
638.8M
-
0.20% 65.58%
14.95
1.23
- -
590.8M
173.5M
4.68% 5.06%
18.86
3.58
14.64% 22.00%
505.3M
317.9M
22.66% 32.64%
-35.81
1.69
41.82% -283.71%

Financials for Akamai Tech

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue0.6%3,5943,5733,5223,4613,402
Cost Of Revenue2.2%1,3511,3221,2951,2691,247
  S&GA Expenses3.2%499483468462477
  R&D Expenses3.0%379368353335309
Earnings Before Taxes-5.0%671706721728676
Net Income-12.2%507578615652604
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-1.3%8,1078,2118,3048,1398,115
  Current Assets8.3%1,6961,5661,4641,9202,762
    Cash Equivalents7.3%4584273785371,265
  Net PPE-0.6%1,5341,543---
  Goodwill-0.4%2,7532,7642,7462,1561,680
Liabilities-1.4%3,8743,9314,0033,6093,533
  Current Liabilities-7.8%753817869790731
Shareholder's Equity-1.1%4,2334,2804,3014,5304,582
  Retained Earnings6.6%1,7441,6351,5161,2571,096
  Additional Paid-In Capital1.7%3,1053,0542,9753,3413,790
Accumulated Depreciation-2,260----
Shares Outstanding-1.0%158159161161162
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-1.5%1,3201,3411,3771,4051,309
  Share Based Compensation0.8%208206205203204
Cashflow From Investing-55.3%-1,371.61-883.09-927.49-646.90-420.88
Cashflow From Financing-23.1%-725.44-589.12-522.06-562.00-363.85
  Buy Backs10.4%701635567522324

Risks

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

8.5%


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

0%


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.

Returns

Cumulative Returns on AKAM

10.1%


10-Year Cumulative Returns

7.5%


7-Year Cumulative Returns

11.0%


5-Year Cumulative Returns

3.0%


3-Year Cumulative Returns

What are the long-term rolling returns for AKAM?

FIve years rolling returns for Akamai Tech.

Which funds bought or sold AKAM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
4.1
-49,000
545,000
0.02%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-927
3,000
-%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
0.52
-51,000
393,000
0.01%
2022-11-22
CVA Family Office, LLC
REDUCED
-37.04
-1,000
1,000
-%
2022-11-22
Capital Impact Advisors, LLC
REDUCED
-9.64
-46,000
177,000
0.18%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
27,742,000
27,742,000
0.32%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.38
-3,260,000
21,310,000
0.04%
2022-11-21
FourThought Financial, LLC
ADDED
34.38
2,000
14,000
-%
2022-11-21
Parallax Volatility Advisers, L.P.
UNCHANGED
-
-
1,000
-%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-1,000
12,000
-%

1–10 of 40

Latest Funds Activity

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

Akamai Tech News

MarketBeat

Akamai Technologies, Inc. (NASDAQ:AKAM) Sees Large Growth in Short Interest.99 minutes ago

Zacks Investment Research

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

58.09

-38.06%

83.01

-11.49%

104.53

11.45%

132.63

41.41%

164.36

75.24%

Current Inflation

53.42

-43.04%

74.61

-20.45%

92.22

-1.67%

115.96

23.64%

142.40

51.83%

Very High Inflation

47.70

-49.14%

64.63

-31.09%

77.93

-16.91%

96.75

3.16%

117.32

25.09%

Historical Akamai Tech Fair Value Estimates


Recent SEC filings of Akamai Tech

View All Filings
Date Filed Form Type Document
Nov 23, 2022
8-K
Current Report
Nov 18, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 10, 2022
8-K
Current Report
Nov 08, 2022
8-K
Current Report
Nov 08, 2022
10-Q
Quarterly Report
Nov 07, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading

Latest Insider Trading transactions for AKAM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-01
Joseph Paul C
SOLD
-142,500
95
-1,500
EVP - Global Sales
2022-11-16
Joseph Paul C
SOLD
-137,760
91.84
-1,500
EVP - Global Sales
2022-11-13
Williams Anthony P
ACQUIRED
-
-
336
EVP and CHRO
2022-11-13
Salem-Jackson Kim
SOLD FOR TAXES
-9,241.65
93.35
-99
EVP, Chief Marketing Officer
2022-11-13
Salem-Jackson Kim
ACQUIRED
-
-
336
EVP, Chief Marketing Officer
2022-11-13
Williams Anthony P
SOLD FOR TAXES
-9,241.65
93.35
-99
EVP and CHRO
2022-11-11
Blumofe Robert
SOLD
-464,600
92.92
-5,000
Chief Technology Officer
2022-11-05
Howell Laura
SOLD FOR TAXES
-1,429.7
84.1
-17
VP, Chief Accounting Officer
2022-11-05
Howell Laura
ACQUIRED
-
-
55
VP, Chief Accounting Officer
2022-10-03
Joseph Paul C
SOLD
-121,185
80.79
-1,500
EVP - Global Sales

1–10 of 50

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.

AKAM Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenue$ 881,896$ 860,333$ 2,688,875$ 2,555,865
Costs and operating expenses:    
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)346,450316,8661,025,851943,553
Research and development94,04782,899286,052242,199
Sales and marketing123,935108,514373,319336,762
General and administrative139,425134,265433,906405,275
Amortization of acquired intangible assets17,37411,95947,99035,446
Restructuring charge22756512,9585,567
Total costs and operating expenses721,458655,0682,180,0761,968,802
Income from operations160,438205,265508,799587,063
Interest and marketable securities income (loss), net7822,872(1,760)12,186
Interest expense(2,785)(18,144)(8,412)(54,015)
Other (expense) income, net(275)3,635(9,024)2,007
Income before provision for income taxes158,160193,628489,603547,241
Provision for income taxes(50,006)(13,648)(135,114)(43,555)
Loss from equity method investment0(1,064)(7,635)(12,578)
Net income$ 108,154$ 178,916$ 346,854$ 491,108
Net income per share:    
Basic (in dollars per share)$ 0.68$ 1.10$ 2.17$ 3.01
Diluted (in dollars per share)$ 0.68$ 1.08$ 2.15$ 2.96
Shares used in per share calculations:    
Basic (in shares)158,715162,767159,749162,967
Diluted (in shares)159,068166,318161,472166,090

AKAM Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 457,816$ 536,725
Marketable securities406,332541,470
Accounts receivable, net of reserves of $2,454 and $1,397 at September 30, 2022, and December 31, 2021, respectively622,027675,926
Prepaid expenses and other current assets209,398166,313
Total current assets1,695,5731,920,434
Marketable securities488,5261,088,048
Property and equipment, net1,520,4281,534,329
Operating lease right-of-use assets803,404815,754
Acquired intangible assets, net455,030313,225
Goodwill2,753,3692,156,254
Deferred income tax assets285,722168,342
Other assets105,317142,287
Total assets8,107,3698,138,673
Current liabilities:  
Accounts payable119,051109,928
Accrued expenses329,211411,590
Deferred revenue109,79286,517
Operating lease liabilities187,776175,683
Other current liabilities7,1816,623
Total current liabilities753,011790,341
Deferred revenue22,29025,342
Deferred income tax liabilities38,14640,974
Convertible senior notes2,284,1471,976,167
Operating lease liabilities681,407707,087
Other liabilities95,18468,748
Total liabilities3,874,1853,608,659
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, $0.01 par value; 700,000,000 shares authorized; 162,224,467 shares issued and 157,876,611 shares outstanding at September 30, 2022, and 160,512,111 shares issued and outstanding at December 31, 20211,6221,605
Additional paid-in capital3,104,9703,340,822
Accumulated other comprehensive loss(186,672)(69,105)
Treasury stock, at cost, 4,347,856 shares at September 30, 2022, and no shares at December 31, 2021(430,269)0
Retained earnings1,743,5331,256,692
Total stockholders’ equity4,233,1844,530,014
Total liabilities and stockholders’ equity$ 8,107,369$ 8,138,673