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 ...

The technology sector stocks have largely led a bull run and outperformed the S&P 500 index in 2024. The steady decline in the inflation rate since early 2024, the relatively low unemployment rate and consumers’ resilience in some end markets were positive factors driving the growth. Investors have increasingly favored companies with a strong focus on AI advancements.Despite an overall positive picture, some companies were not able to capitalize on this favorable trend. Global macroeconomic uncertainty, ris ...

Akamai is recognized by top industry influencers CAMBRIDGE, Mass., Dec. 18, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cyber security and cloud computing company that protects business online, today announced that its API Security solution has been recognized as a market leader by several independent outlets. Three industry awards and a leading position in a top analyst report validate Akamai's commitment to providing the best products to combat the increasing threat of breaches resu ...

Acquisition Overview - Akamai Technologies, Inc. has completed the acquisition of select assets from the bankrupt media firm Edgio Inc, which includes customer contracts and non-exclusive license rights to patents, but excludes Edgio personnel and network-related assets [1][2] Financial Impact - The acquisition is expected to generate incremental revenues of $9-$11 million in Q4 2024, despite transition service costs of $15-$17 million, leading to a dilutive effect on non-GAAP earnings by 3-5 cents in the same quarter [4] - For 2025, Akamai anticipates revenues from the transaction to be between $80-$100 million, with transition service costs of $25-$30 million, resulting in an accretive non-GAAP net income of 15-20 cents per share [5] Customer and Service Expansion - The deal is expected to provide Akamai with hundreds of new customers, enhancing its revenue-generating capabilities and allowing these customers immediate access to Akamai's full portfolio of cybersecurity and cloud computing services [3][5] Market Trends and Strategic Initiatives - Akamai's security offerings are set to benefit from increased demand for data computing at the edge, driven by the rapid deployment of 5G and IoT devices [6] - The company is leveraging AI capabilities in its API security solutions to analyze APIs, detect vulnerabilities, and minimize risks, which is expected to drive commercial expansion and long-term benefits [6]

CAMBRIDGE, Mass., Dec. 13, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers business online, today announced it has completed its acquisition of select assets from Edgio, including certain customer contracts from Edgio's businesses in content delivery and security, and non-exclusive license rights to patents in Edgio's portfolio. On Nov. 26, 2024, the U.S. Bankruptcy Court for the District of Delaware approved Akamai's bid to acquire th ...