Deutsche Telekom Security Enhances API Security with Akamai
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 26 Jan 26
Source: Globenewswire
Akamai Technologies Inc's stock rose by 3.26% as it reached a 20-day high, reflecting positive market conditions.
The increase in stock price is attributed to Deutsche Telekom Security leveraging Akamai’s services to enhance API security for clients in critical sectors, addressing a significant rise in API attacks. This partnership showcases Akamai's role in improving compliance and security in a complex cybersecurity landscape, particularly in the financial sector.
This collaboration not only strengthens Akamai's market position but also highlights the growing demand for robust cybersecurity solutions, positioning the company favorably in a rapidly evolving industry.
Analyst Views on AKAM
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
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
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.
