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AKAM / Akamai Technologies' potential in niche Cloud sector earns ‘Buy' rating in initial coverage

Akamai Technologies' potential in niche Cloud sector earns ‘Buy' rating in initial coverage
Analysts at the Bank of America have initiated coverage on cloud services provider Akamai Technologies, Inc. (NASDAQ:AKAM) with a ‘Buy' rating on their belief the company has a unique opportunity in the fast-growing Cloud niche of distributed computing. The analysts also awarded the stock a price objective of US$145, representing an upside of about 38% from Akamai's share price at the time of writing of US$103.80. Read More
Posted: Sep 7 2023, 14:36
Author Name: Proactive Investors
Views: 111047

AKAM News  

Akamai Technologies (AKAM) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

By Zacks Investment Research
November 2, 2023

Akamai Technologies (AKAM) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Beyond analysts' top -and-bottom-line estimates for Akamai Technologies (AKAM), evaluate projections for some of its key metrics to gain a better insi more_horizontal

Akamai Stock Has Seen Little Change Since 2021. Will A Q3 Earnings Beat Drive The Stock Higher?

By Forbes
November 1, 2023

Akamai Stock Has Seen Little Change Since 2021. Will A Q3 Earnings Beat Drive The Stock Higher?

We estimate that Akamai's revenue will come in at about $944 million for the quarter, slightly ahead of consensus estimates and about 8% higher compar more_horizontal

Akamai Technologies (AKAM) Rises But Trails Market: What Investors Should Know

By Zacks Investment Research
October 30, 2023

Akamai Technologies (AKAM) Rises But Trails Market: What Investors Should Know

In the most recent trading session, Akamai Technologies (AKAM) closed at $102.57, indicating a +0.55% shift from the previous trading day. more_horizontal

The 3 Best Cybersecurity Stocks To Buy Now: October 2023

By InvestorPlace
October 19, 2023

The 3 Best Cybersecurity Stocks To Buy Now: October 2023

While digital connectivity has revolutionized society and sparked opportunities through the introduction of new industries, it also yields nefarious a more_horizontal

Why Akamai Technologies (AKAM) Dipped More Than Broader Market Today

By Zacks Investment Research
October 13, 2023

Why Akamai Technologies (AKAM) Dipped More Than Broader Market Today

Akamai Technologies (AKAM) reachead $106.61 at the closing of the latest trading day, reflecting a -0.98% change compared to its last close. more_horizontal

Why Akamai Technologies (AKAM) is Poised to Beat Earnings Estimates Again

By Zacks Investment Research
October 11, 2023

Why Akamai Technologies (AKAM) is Poised to Beat Earnings Estimates Again

Akamai Technologies (AKAM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a more_horizontal

Akamai Technologies To Hold Third Quarter 2023 Investor Conference Call On Tuesday, November 7, at 4:30 PM ET

By PRNewsWire
October 10, 2023

Akamai Technologies To Hold Third Quarter 2023 Investor Conference Call On Tuesday, November 7, at 4:30 PM ET

CAMBRIDGE, Mass. , Oct. 10, 2023 /PRNewswire/ --  Akamai Technologies , Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, more_horizontal

Can Akamai (AKAM) Benefit From Decentralized Cloud Networks?

By Zacks Investment Research
September 28, 2023

Can Akamai (AKAM) Benefit From Decentralized Cloud Networks?

Akamai (AKAM) has opened 13 new core compute regions across the globe in the past 90 days, connecting them to its wide edge network that has a distrib more_horizontal


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