Akamai Technologies (AKAM) : 11 brokerage houses believe that Akamai Technologies (AKAM) is a Strong Buy at current levels. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Akamai Technologies (AKAM). Zacks Investment Research suggests a Sell with a rank of 4. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 21 Wall Street Analysts endorse the stock as a Buy with a rating of 2.14.
Akamai Technologies (AKAM) : Currently there are 13 street experts covering Akamai Technologies (AKAM) stock. The most bullish and bearish price target for the stock is $75 and $35 respectively for the short term. The average price target of all the analysts comes to $57.85. The estimated standard deviation from the target is $10.42.
Shares of Akamai Technologies, Inc. appreciated by 3.08% during the last five trading days but lost 7.43% on a 4-week basis. Akamai Technologies, Inc. is up 1.71% in the last 3-month period. Year-to-Date the stock performance stands at 1.84%. Akamai Technologies (NASDAQ:AKAM): stock turned positive on Tuesday. Though the stock opened at $53.06, the bulls momentum made the stock top out at $54.28 level for the day. The stock recorded a low of $52.95 and closed the trading day at $53.6, in the green by 1.17%. The total traded volume for the day was 1,379,082. The stock had closed at $52.98 in the previous days trading.
Akamai Technologies, Inc. is a provider of cloud services for delivering, optimizing and securing online content and business applications. Its solutions include delivery of conventional content on Websites, tools that support the delivery and operation of cloud-based applications, as well as security solutions, and live and on-demand streaming video capabilities. The Companys solutions include Media Delivery Solutions, Performance and Security Solutions, and Service and Support Solutions. Media Delivery Solutions are designed to enable enterprises to execute their digital media distribution strategies. Performance and Security Solutions are designed to utilize the Companys core content and application delivery technologies of the Company to make the Internet work better. Service and Support Solutions offer professional services and solutions.