Akamai Technologies (AKAM) experienced a 4.38% increase in regular trading, reaching a 20-day high.
The stock surged after Morgan Stanley upgraded its rating from Underweight to Overweight, raising the price target from $83 to $115. This reflects optimism about Akamai's growth prospects, particularly as its content delivery segment stabilizes and its security segment maintains high-single-digit growth. Additionally, the compute segment has shown a remarkable 40% growth rate, driven by contributions from the public cloud unit Linode and the newly launched Akamai Inference Cloud service.
This upgrade signals strong confidence in Akamai's business transformation and growth trajectory, suggesting that the company is well-positioned to capitalize on increasing demand for cloud services.
Wall Street analysts forecast AKAM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AKAM is 101.50 USD with a low forecast of 89.00 USD and a high forecast of 115.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
Wall Street analysts forecast AKAM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AKAM is 101.50 USD with a low forecast of 89.00 USD and a high forecast of 115.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Buy
7 Hold
0 Sell
Moderate Buy
Current: 102.100
Low
89.00
Averages
101.50
High
115.00
Current: 102.100
Low
89.00
Averages
101.50
High
115.00
Citi
Neutral
maintain
$88 -> $103
2026-01-16
Reason
Citi
Price Target
$88 -> $103
AI Analysis
2026-01-16
maintain
Neutral
Reason
Citi raised the firm's price target on Akamai to $103 from $88 and keeps a Neutral rating on the shares. Citi also added an "upside 90-day catalyst watch" on Akamai. The firm believes the company's 2026 outlook will be a modest upside surprise. The analyst sees a "tactically positive risk/reward set-up" into earnings.
Scotiabank
Outperform
maintain
$94 -> $105
2026-01-09
Reason
Scotiabank
Price Target
$94 -> $105
2026-01-09
maintain
Outperform
Reason
Scotiabank raised the firm's price target on Akamai to $105 from $94 and keeps an Outperform rating on the shares. The firm believes the company is poised to capitalize on the increased demand for AI infrastructure, the analyst tells investors.
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RBC Capital
Sector Perform
maintain
$80 -> $90
2026-01-05
Reason
RBC Capital
Price Target
$80 -> $90
2026-01-05
maintain
Sector Perform
Reason
RBC Capital raised the firm's price target on Akamai to $90 from $80 and keeps a Sector Perform rating on the shares. 2026 is likely to be a year when AI tailwinds become more evident for companies well positioned for enterprise AI adoption, while less prepared peers may remain pressured by the "AI is the death of software" narrative, the analyst tells investors in a research note. Enterprise spending appears to be stabilizing and improving in select areas, with GenAI driving innovation even as management teams remain conservative in early 2026 guidance, the firm says.
Piper Sandler
James Fish
Neutral
maintain
$86 -> $89
2026-01-05
Reason
Piper Sandler
James Fish
Price Target
$86 -> $89
2026-01-05
maintain
Neutral
Reason
Piper Sandler analyst James Fish raised the firm's price target on Akamai to $89 from $86 and keeps a Neutral rating on the shares. The firm has adjusted its model / segments given FX movements and based on its analysis around the segments heading into 2026.
About AKAM
Akamai Technologies, Inc. is a cybersecurity and cloud computing company. The Company develops and provides solutions for global enterprises to build, secure and accelerate their applications and digital experiences. Akamai Connected Cloud, the Company's platform, is comprised of an edge and cloud architecture and underlying network for cloud computing, security and content delivery services. Its cloud computing services include compute, storage, networking, database and container management services that are required to build, deploy and secure applications and workloads. Its security solutions are designed to keep infrastructure, websites, applications, application programming interfaces and users safe from a multitude of cyberattacks and online threats while improving performance. Its content delivery solutions consist of Web and mobile performance focused solutions and media delivery solutions. It also provides services and support for its customers as they utilize its solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
