Akamai Technologies AKAM

$93.53 +2.40 (2.63%)

Valuation

Market cap
12,973,332,000
Revenue TTM
$4,208,180,000
Net income TTM
$452,030,000
PE ratio
23.71
Forward PE
25.02
Profit margin
10.74%
Debt to equity
0.36

Trading

Volume
4,010,600
Avg volume
4,694,880
Day's range
$89.31 – $93.75
Shares out
143,717,000
Stochastic %K
24%
Beta
0.62
Analysts
Strong Sell
Price target
$157.95

Price

Company profile

Akamai Technologies, Inc. engages in the provision of security, delivery, and cloud computing solutions in the United States and internationally. It offers security solutions that include web application and application programming interfaces (API) protection solutions, which protect web, API, and mobile app traffic from attacks; Bot & Abuse portfolio, which provides solutions to help customers protect against threat...

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Akamai Technologies, Inc. engages in the provision of security, delivery, and cloud computing solutions in the United States and internationally. It offers security solutions that include web application and application programming interfaces (API) protection solutions, which protect web, API, and mobile app traffic from attacks; Bot & Abuse portfolio, which provides solutions to help customers protect against threats; full account lifecycle protections including the ability to defend against account takeover and opening abuse, adversarial bot protection, protection against credential stuffing, inventory scalping, and hoarding; and solutions designed to stop persistent scrapers from stealing content; API security, which discovers, audits, and monitors API; and microservice and application component protection that analyzes and protects application traffic that moves between application components. The company also offers cloud computing services, which include compute, storage, and cloud native and networking services; and Akamai App Platform, provides ready-to-run templates that address challenges in deploying, managing and scaling Kubernetes clusters at scale. In addition, it offers delivery solutions that include web and mobile performance solutions, which enables dynamic websites and applications, as well as global traffic management, site acceleration, application load balancing, large-scale load testing, and real-user monitoring; and 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. The company has a strategic alliance with Deloitte Canada to help organizations achieve platform-based resilience against AI-accelerated cyberthreats. Akamai Technologies, Inc. was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.

Industry
Software - Infrastructure
Sector
Technology
Phone
617 444 3000
Website
https://www.akamai.com
Address
145 Broadway, Cambridge, United States

Latest news

Stocktwits

UncleSteven Oct 23, 9:44 PM
$NET up 7% now. Was 3% in the morning. $FSLY up 8%. $AKAM not up as much as these, but it is up. Thank you, horrifying PHP vulnerability. Silver lining.
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Nicksliick Oct 23, 8:53 PM
$AKAM sleeping giant
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Pumper_Killa2 Oct 23, 7:16 PM
$AKAM Taking a gamble and shorting here for next week. Stop loss 123 for a max pain of 60K. We shall see.
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Pumper_Killa2 Oct 23, 7:11 PM
$AKAM They do? Because looks like the stock is down 20% in one month bubba.
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meatpuppets Oct 23, 4:45 PM
$FSLY they love to run this. and $AKAM
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Hellish69 Oct 23, 4:14 PM
$AKAM Similar stocks of the industry also going high up today. I expect this to reach 100 soon.
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meatpuppets Oct 23, 2:50 PM
$FSLY at the edge $AKAM
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UncleSteven Oct 23, 2:37 PM
It's no wonder $NET is +3% today when most other tech is getting slammed. That PHP vulnerability affecting all versions going back like 10 years... I had three servers affected; two the provider patched ASAP (Cloudways, owned by $DOCN) and the other was waiting for auto-updates to run overnight (lame and I'm leaving them), so I ran them manually. Anyway, the point is that this affected ~70% of websites and still affects millions on sluggard hosts and forgotten servers. No doubt many site owners will be pulling the trigger on Cloudflare's WAF and other proxy-based solutions after this like $AKAM and $FSLY. $CIBR is a fantastic ETF these days. AI makes attacks easier but also makes defense more capable. Things are getting intense. It's like the 1990's in Southern California. If you have a car, you need The Club. I was there a few months ago and still there are people using that. I had that thing locking down my Ford Escort in the high school parking lot. Wasn't about to get jacked.
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