Akamai Price Target Cut By Analysts Post Q2 Beat To Reflect Headwinds
Akamai Technologies, Inc (NASDAQ:AKAM) clocked 6% revenue growth in the second quarter to $903 million, beating the consensus of $898 million.…
Truist Securities Maintains Buy on Akamai Technologies, Lowers Price Target to $125
Truist Securities analyst Greg Miller maintains Akamai Technologies (NASDAQ:AKAM) with a Buy and lowers the price target from $135 to $125.
Morgan Stanley Maintains Equal-Weight on Akamai Technologies, Lowers Price Target to $102
Morgan Stanley analyst Keith Weiss maintains Akamai Technologies (NASDAQ:AKAM) with a Equal-Weight and lowers the price target from $110 to $102.
RBC Capital Maintains Outperform on Akamai Technologies, Lowers Price Target to $110
RBC Capital analyst Rishi Jaluria maintains Akamai Technologies (NASDAQ:AKAM) with a Outperform and lowers the price target from $115 to $110.
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Keybanc Maintains Overweight on Akamai Technologies, Lowers Price Target to $116
Keybanc analyst Thomas Blakey maintains Akamai Technologies (NASDAQ:AKAM) with a Overweight and lowers the price target from $123 to $116.
Akamai Technologies Q2 EPS $1.35 Beats $1.31 Estimate, Sales $903.00M Beat $898.14M Estimate
Akamai Technologies (NASDAQ:AKAM) reported quarterly earnings of $1.35 per share which beat the analyst consensus estimate of $1.31 by 3.05 percent. This is a 4.93 percent decrease over earnings of $1.42 per share from
Earnings Scheduled For August 9, 2022
Companies Reporting Before The Bell
• Cognition Therapeutics (NASDAQ:CGTX) is estimated to report earnings for its second quarter.
Where Akamai Technologies Stands With Analysts
Analysts have provided the following ratings for Akamai Technologies (NASDAQ:AKAM) within the last quarter:
Citigroup Downgrades Akamai Technologies to Neutral, Lowers Price Target to $105
Citigroup analyst Fatima Boolani downgrades Akamai Technologies (NASDAQ:AKAM) from Buy to Neutral and lowers the price target from $118 to $105.