Akamai Technologies Inc (AKAM)

Information Technology · Internet Services & Infrastructure · US stock · S&P 500 component

$91.13 ▲ +0.86 (0.95%)

At close 22 Oct 2026 · USD · Volume 5,122,896

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Interactive chart Research report Forecast ranges Pro workspace SEC filings Historical data

Fair valueFair

$94 +2.8% to fair value

$47fair band $80–$114$140

Day's range

$88.50 – $91.64

52-week range

$70.82 – $165.45

About Akamai Technologies Inc

Akamai Technologies operates a distributed network of servers that delivers web content, applications and video quickly to users around the world. It also sells cybersecurity services that protect websites from attacks, along with cloud computing infrastructure. Customers such as media firms, retailers and banks pay subscription and usage-based fees, and the company has been shifting its mix toward security and cloud services.

Sales totalled $4.3 billion over the last twelve months, and the three-year record shows growth of 5.2% a year. The operating margin is 10.5%, and the return on invested capital is 27%. Shareholders do not receive a dividend from the company. The site's X-Ray Score for the company is 49 out of 100. Taken together, these numbers give a factual snapshot of the business.

Price chart

Interactive chart Historical data & CSV

52-wk range $70.82 – $165.45Volume 5,122,896Daily, split-adjusted

Vitals

Market cap$14.0B

52-week range$70.82 – $165.45

Volume (last day)5,122,896

P/E (TTM)33.0

EBIT / EV yield4.3%

Free-cash-flow yield6.8%

Dividend yieldNo dividend

Revenue (TTM)$4.3B

Net income (TTM)$411M

Operating margin10.5%

Return on capital26.9%

Debt incl. leasesData missing

Cash & securities$3.4B

Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.

Fair value estimate

$94middle half of models $89 – $103

Fair +2.8% to fair value

Average of the 13 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.

Price $91

Undervalued < $80Fair $80 – $114Overvalued > $114

P/E multiple

$89

P/B multiple

$103

P/S multiple

$129

EV/EBITDA multiple

$118

EV/EBIT multiple

$89

EV/revenue multiple

$125

10-year DCF, EBITDA exit

$91

5-year DCF, EBITDA exit

$96

10-year DCF, revenue exit

$91

5-year DCF, revenue exit

$97

10-year DCF, growth exit

$62

5-year DCF, growth exit

$56

Earnings power value

$71

A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.

What this means

Weak business, fairly priced

The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.

Before you invest · decision checklist

I understand how this company makes money Business quality is average or better 42 The price is not above fair value $94 fair value Debt looks manageable Revenue has been growing 5.2% a year Profits are backed by cash There are no red flags none raised I know what share of my savings this would be

Ticked boxes are filled in from our data; the rest are yours to answer.

The five-lens scan

Every score explained in one sentence, ranked against Information Technology peers. Open a lens to see the numbers behind it.

Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data

Valuation Strong

71/100

Cheap against its sector on earnings and cash flow.

See the numbers →

EBIT / EV yield4.3%

Free-cash-flow yield6.8%

Fair value vs price1.0×

Growth Weak

36/100

Growing slower than most of its sector.

See the numbers →

Revenue growth (3y)5.2%

EPS growth (3y)-2.0%

Growth consistency100%

Profitability Weak

44/100

Earns lower returns on its capital than most peers.

See the numbers →

Return on invested capital26.9%

Operating margin10.5%

Gross profitability16.5%

Financial health Weak

40/100

Balance sheet is more stretched than most peers.

See the numbers →

Piotroski F-Score6 / 9

Interest cover13.7×

Dividends None

–/100

Pays no dividend.

See the numbers →

Quarterly results: last 6 quarters

+2.9%

Mar '25

+6.5%

Jun '25

+5.0%

Sep '25

+7.4%

Dec '25

+5.8%

Mar '26

+5.4%

Jun '26

Revenue against the same quarter a year earlier. Latest quarter revenue $1.1B, diluted EPS $0.52.

Compare with peers

GDDY GoDaddy Inc.58 VRSN Verisign Inc56

Other Internet Services & Infrastructure companies by X-Ray Score.

SWOT analysis: Akamai Technologies Inc

Strengthsinside the company

Return on invested capital is 26.9%, against a median of 19.2% for sector peers.
Free cash flow equals 6.8% of the market value, which funds dividends, buybacks or debt paydown.
Operating profit covers interest 14x, so debt costs are a small drag.

Weaknessesinside the company

Operating margin of 10.5% is thin against 21.7% for sector peers.

Opportunitiesvaluation and setting

Our Market Compass rates the backdrop for Information Technology as favourable.

Threatsvaluation and setting

The price trend is down on the daily and weekly signals.

Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.

Compare AKAM with peers and sector

Medians of 74 Information Technology peers and of 74 Information Technology stocks in our universe. Largest peers (X-Ray Score): NVDA 67, AAPL 53, MSFT 61, AVGO 60, MU 79, AMD 48.

Metric	AKAM	Peers	Sector
X-Ray Score (out of 100)	49	50	50
Valuation	71	50	50
Growth	36	54	54
Profitability	44	50	50
Financial health	40	50	50
Dividends	–	50	50

Sector leaders: highest X-Ray Score in Information Technology

AKAM ranks #41 of 75 in Information Technology by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.

Company	X-Ray Score
#1 MU Micron Technology Inc	79
#2 ADBE Adobe Inc.	77
#3 SNDK Sandisk Corp	73
#4 INTU Intuit Inc.	71
#5 FICO Fair Isaac Corp	71
…
#41 AKAM Akamai Technologies Inc (this stock)	49

Metric	AKAM	Peers	Sector
P/E ratio	34.1x	33.0x	33.0x
PEG ratio	–	2.20	2.20
Price / book	2.9x	8.3x	8.3x
Price / sales	3.2x	7.1x	7.1x
EV / EBITDA	9.0x	24.8x	24.8x
Price / free cash flow	14.6x	29.6x	29.6x
Dividend yield	–	1.0%	1.0%
Gap to our fair value	+2.8%	−6.8%	−6.8%

Metric	AKAM	Peers	Sector
Price change, 1 month	−23.0%	−2.0%	−2.0%
Price change, 3 months	−26.7%	+3.5%	+3.5%
Price change, 6 months	−6.2%	+13.4%	+13.4%
Price change, 1 year	+22.0%	+18.6%	+18.6%

Metric	AKAM	Peers	Sector
Market value	$14.0B	$80.1B	$80.1B
Revenue (last 12 months)	$4.3B	$11.8B	$11.8B
EBITDA (last 12 months)	$1.2B	$2.6B	$2.6B
Net income (last 12 months)	$411M	$1.7B	$1.7B
Free cash flow (last 12 months)	$956M	$2.7B	$2.7B

Metric	AKAM	Peers	Sector
Revenue growth, last year	+5.4%	+13.8%	+13.8%
Revenue growth, 3 years a year	+5.2%	+9.8%	+9.8%
EPS growth, 3 years a year	−2.0%	+6.4%	+6.4%
Free cash flow growth, 3 years a year	−0.7%	+15.7%	+15.7%
Dividend growth	–	+5.8%	+5.8%

Metric	AKAM	Peers	Sector
Gross margin	57.5%	58.1%	58.1%
EBITDA margin	27.4%	26.7%	26.7%
Operating margin	10.5%	21.7%	21.7%
Net margin	9.5%	18.5%	18.5%
Return on invested capital	26.9%	19.2%	19.2%
Return on equity	8.7%	21.4%	21.4%

Metric	AKAM	Peers	Sector
Net debt / EBITDA	–	0.8x	0.8x
Interest cover	13.7x	23.5x	23.5x
Current ratio	1.6x	1.6x	1.6x
Piotroski F-score (0 to 9)	6	6	6

Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.

Factor ratings for AKAM

Each factor is rated by where AKAM stands among the 75 Information Technology stocks in our universe.

Rating against the sector

Goodthe top third of these stocks

Averagethe middle third of these stocks

Badthe bottom third of these stocks

"Beats" is the share of those stocks it is ahead of.

Against its own history

The last columns set today's figure against the company's own median of its last five financial years:

▲ Betterbetter than its usual level

▼ Worseworse than its usual level

≈ In linewithin its usual range

For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.

In total: 6 Good · 8 Average · 7 Bad of 21 Growth: 0 · 1 · 2 Profitability: 0 · 2 · 3 Financial strength: 0 · 3 · 0 Valuation: 4 · 1 · 0 Cash flow: 2 · 1 · 1 Efficiency: 0 · 0 · 1

Factor	AKAM	Rating	Sector median	Own 5-year median	Against own history
Growth
Revenue growth, 3 years a year	+5.2%	Average beats 40%	+9.7%	–	–
Revenue growth, last year	+5.4%	Bad beats 14%	+13.7%	+5.4%	≈ In line
EPS growth, 3 years a year	−2.0%	Bad beats 32%	+5.9%	–	–
Profitability
Gross margin	57.5%	Average beats 49%	57.8%	60.4%	≈ In line
Operating margin	10.5%	Bad beats 21%	20.3%	16.7%	▼ Worse
Net margin	9.5%	Bad beats 25%	17.8%	14.4%	▼ Worse
Return on invested capital	26.9%	Average beats 63%	19.4%	–	–
Return on equity	8.7%	Bad beats 16%	21.0%	11.9%	▼ Worse
Financial strength
Interest cover	13.7x	Average beats 39%	23.0x	19.7x	▼ Worse
Current ratio	1.64	Average beats 53%	1.57	2.36	▼ Worse
Piotroski F-score	6 / 9	Average beats 43%	6 / 9	–	–
Valuation
P/E ratio	34.1x	Average beats 49%	33.6x	29.2x	▼ Worse
Price / book	2.9x	Good beats 88%	8.3x	3.1x	≈ In line
Price / sales	3.2x	Good beats 79%	6.9x	3.7x	▲ Better
EV / EBITDA	9.0x	Good beats 91%	24.7x	–	–
Free cash flow yield	6.8%	Good beats 87%	3.4%	7.6%	≈ In line
Cash flow
Free cash flow margin	22.1%	Average beats 49%	22.3%	28.3%	▼ Worse
Cash from operations / net income	3.52	Good beats 94%	1.39	2.46	▲ Better
Free cash flow growth, 3 years a year	−0.7%	Bad beats 17%	+15.4%	–	–
Accruals (lower is better)	−6.9%	Good beats 71%	−4.4%	–	–
Efficiency
Days sales outstanding	81 days	Bad beats 23%	63 days	69 days	▼ Worse

These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.

Fundamentals checklist

● 4 Good · ● 6 Average · ● 5 Bad

Cash quality

Earnings backed by cashGood

Free-cash-flow yieldGood

Risk models

Altman Z''Bad

Piotroski F-ScoreAverage

Growth

EPS growth (3y)Bad

Free-cash-flow growth (3y)Bad

Revenue growth (3y)Average

Growth consistencyGood

Balance sheet

Current ratioAverage

Interest coverAverage

Valuation

Fair value vs priceAverage

EBIT / EV yieldGood

Profitability

Return on invested capitalAverage

Operating marginBad

Gross profitabilityBad

Each check is graded against the company's sector, not a fixed number. Checklist score 50/100.

Financials

	FY21	FY22	FY23	FY24	FY25
Revenue	$3.5B	$3.6B	$3.8B	$4.0B	$4.2B
Operating income	$783M	$676M	$637M	$533M	$567M
Net income	$652M	$524M	$548M	$505M	$452M
Operating cash flow	$1.4B	$1.3B	$1.3B	$1.5B	$1.5B
Operating margin	22.6%	18.7%	16.7%	13.4%	13.5%
Free cash flow	$1.1B	$1.0B	$891M	$1.1B	$1.0B
Diluted EPS	$3.93	$3.26	$3.52	$3.27	$3.07

Fiscal years, from SEC filings.

Technical summary

Daily

Strongly bearish

2 bullish · 2 neutral · 12 bearish

Weekly

Strongly bearish

0 bullish · 1 neutral · 11 bearish

Monthly

Bearish

2 bullish · 1 neutral · 5 bearish

Moving averages (daily)

SMA 10	93.87	Bearish
EMA 10	93.64	Bearish
SMA 20	100.7	Bearish
EMA 20	98.32	Bearish
SMA 50	106.6	Bearish
EMA 50	105.4	Bearish
SMA 100	115.3	Bearish
EMA 100	109.9	Bearish
SMA 200	112.3	Bearish
EMA 200	108.5	Bearish

Oscillators (daily)

RSI (14)	36.60	Neutral
MACD (12, 26)	-5.48	Bearish
Momentum (12)	-16.10	Bearish
Stochastic %K (14)	19.85	Bullish
Williams %R (14)	-80.15	Bullish
CCI (20)	-91.01	Neutral

Pivot points (classic, last session)

86.07

87.28

89.21

Pivot

90.42

92.35

93.56

95.49

Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.

ETFs that hold AKAM

ETF	Share of the fund
BUG Global X Cybersecurity	6.47%
CIBR First Trust NASDAQ Cybersecurity	2.84%
SKYY First Trust Cloud Computing	2.07%
CGMM Capital Group U.S. Small and Mid Cap	1.30%
RSPT Invesco S&P 500 Equal Weight Technolog...	1.21%
FDN First Trust Dow Jones Internet Index	0.70%
BKDV BNY Mellon Dynamic Value	0.51%
CGGR Capital Group Growth	0.46%

The eight funds with the largest weight in AKAM among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.