Core Viewpoint - Akamai Technologies, Inc. is expected to report fourth-quarter 2024 results on February 20, with anticipated year-over-year revenue growth driven by strong demand across various sectors and an increase in security solutions demand [1][2]. Group 1: Company Developments - Akamai upgraded its Akamai Guardicore Segmentation and Enterprise Application Access solution to enhance performance, security, and scalability in cloud environments, providing real-time visualization of cloud workloads [3]. - The integration of Avesha Technologies into Akamai's Qualified Compute Partner Program aims to improve content delivery through advanced Kubernetes solutions, expected to positively impact Akamai's revenue [4]. - A strategic partnership with Smartbig USA Inc. will utilize Akamai's cloud computing platform to support global gaming infrastructure, enhancing Akamai's international presence and performance [5]. - Akamai acquired select assets from the bankrupt Edgio Inc., including customer contracts and patent rights, which is projected to be accretive and expand its customer base [6]. Group 2: Financial Expectations - Revenue estimates for the security segment are projected at $537.7 million, reflecting a 14.2% year-over-year increase, while the compute vertical is expected to generate $168.7 million, indicating a 24.9% growth [7]. - The overall revenue consensus estimate for the fourth quarter of 2024 is $1.01 billion, up from $995 million year-over-year, with adjusted earnings per share expected to decline to $1.52 from $1.69 [8]. Group 3: Earnings Predictions - The current earnings ESP for Akamai is 0.00%, indicating no expected earnings beat, despite a Zacks Rank of 2 (Buy) [9][10][11].

Core Viewpoint - Akamai Technologies (AKAM) is expected to report a quarterly earnings per share (EPS) of $1.52, reflecting a year-over-year decline of 10.1%, while revenues are anticipated to reach $1.01 billion, showing a 2% increase compared to the previous year [1] Earnings Estimates - There has been no revision in the consensus EPS estimate for the quarter over the last 30 days, indicating that analysts have not changed their initial forecasts during this period [2] - Revisions to earnings projections are crucial for predicting investor behavior and are strongly linked to short-term stock price performance [3] Revenue Breakdown - Analysts estimate 'Revenue- Security' to be $533.06 million, representing a year-over-year increase of 13.2% [5] - The 'Revenue- Compute' is projected to be $167.63 million, indicating a 24.2% increase from the prior-year quarter [5] - The consensus estimate for 'Revenue- Delivery' is $311.62 million, reflecting a year-over-year decline of 19.9% [5] - 'Revenue- International' is expected to be $494.99 million, showing a 3.4% increase from the year-ago quarter [6] - 'Revenues- United States' are projected to reach $527.22 million, indicating a 2.1% increase from the previous year [6] Stock Performance - Over the past month, Akamai Technologies shares have returned 10.1%, outperforming the Zacks S&P 500 composite's 4.9% change, and the company holds a Zacks Rank 2 (Buy), suggesting it is likely to outperform the overall market in the near future [7]

Investors interested in stocks from the Internet - Services sector have probably already heard of Akamai Technologies (AKAM) and Zscaler (ZS) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on ...

In the latest trading session, Akamai Technologies (AKAM) closed at $101.38, marking a -0.71% move from the previous day. This change lagged the S&P 500's daily gain of 0.03%. On the other hand, the Dow registered a gain of 0.28%, and the technology-centric Nasdaq decreased by 0.36%.Heading into today, shares of the cloud services provider had gained 13.94% over the past month, outpacing the Computer and Technology sector's gain of 2.31% and the S&P 500's gain of 4.19% in that time.Market participants will ...

New report features novel research and insights to help security professionals outsmart and outmaneuver cybercriminalsCAMBRIDGE, Mass., Feb. 11, 2025 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, today announced the release of the Defenders' Guide 2025: Fortify the Future of Your Defense. This first-of-its-kind State of the Internet (SOTI) report delivers practical research, including new findings on risk scoring, ...

The recognitions reflect Akamai's commitment to ethical leadership, sustainability, and long-term stakeholder valueCAMBRIDGE, Mass., Feb. 4, 2025 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, is proud to announce three significant achievements that reflect its ongoing commitment to responsible, ethical business practices and sustainability leadership.Akamai has earned a coveted spot in the 2025 JUST 100 Rankings, a ...

Core Viewpoint - Investors in the Internet - Services sector should consider Akamai Technologies (AKAM) and Zscaler (ZS) for potential investment opportunities, with a focus on which stock offers better value at present [1] Group 1: Zacks Rank and Value Metrics - Both Akamai Technologies and Zscaler currently hold a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions and improving earnings outlooks [3] - Value investors utilize various valuation metrics to identify undervalued companies, including P/E ratio, P/S ratio, earnings yield, and cash flow per share [4] Group 2: Valuation Comparisons - Akamai Technologies has a forward P/E ratio of 14.74, while Zscaler has a significantly higher forward P/E of 63.99 [5] - The PEG ratio for Akamai is 2.42, compared to Zscaler's PEG ratio of 4.74, indicating that Akamai may be more reasonably priced relative to its expected earnings growth [5] - Akamai's P/B ratio stands at 3.15, whereas Zscaler's P/B ratio is much higher at 20.54, further suggesting that Akamai is the superior value option based on these metrics [6] - Based on the valuation figures, Akamai holds a Value grade of B, while Zscaler has a Value grade of F, reinforcing the conclusion that Akamai is the better value investment at this time [6]

Stock Performance - Akamai Technologies closed at $91 01, marking a +0 56% move from the previous day, trailing the S&P 500's gain of 1%, the Dow's gain of 0 78%, and the Nasdaq's gain of 1 51% [1] - Over the past month, shares of Akamai Technologies depreciated by 4 31%, underperforming the Computer and Technology sector's loss of 4 13% and the S&P 500's loss of 2 14% [1] Earnings and Revenue Projections - Akamai Technologies' upcoming earnings report is expected on February 20, 2025, with projected earnings per share (EPS) of $1 52, reflecting a 10 06% decrease from the same quarter last year [1] - The company's revenue is projected to be $1 01 billion, reflecting a 2% rise from the equivalent quarter last year [1] Analyst Estimates and Zacks Rank - Recent modifications to analyst estimates for Akamai Technologies reflect the latest short-term business trends, with upbeat changes indicating a favorable outlook on the company's business health and profitability [2] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has an impressive track record, with 1 stocks generating an average annual return of +25% since 1988 [4] - Akamai Technologies currently has a Zacks Rank of 3 (Hold), and the Zacks Consensus EPS estimate has shifted 0 74% upward over the past month [4] Valuation Metrics - Akamai Technologies has a Forward P/E ratio of 13 39, signifying a discount compared to the industry average of 22 2 [5] - The company's PEG ratio is 2 2, higher than the industry average of 1 53, indicating a higher valuation relative to expected earnings growth [5] Industry Overview - The Internet - Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 56, placing it in the top 23% of all industries [6] - The Zacks Industry Rank shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]

CAMBRIDGE, Mass., Jan. 6, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, announced today that the company will hold a conference call for investors on Thursday, February 20, 2025, at 4:30 p.m. ET. The call will include the company's fourth quarter and full-year 2024 financial results and may include forward-looking financial guidance from management. The call will also be broadcast live via the internet a ...

The most recent trading session ended with Akamai Technologies (AKAM) standing at $93.56, reflecting a -1.95% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 1.26%. Meanwhile, the Dow gained 0.8%, and the Nasdaq, a tech-heavy index, added 1.77%.The the stock of cloud services provider has fallen by 2.03% in the past month, lagging the Computer and Technology sector's gain of 0.84% and overreaching the S&P 500's loss of 2.82%.The investment comm ...