Akamai Technologies Stock Target Price and Analyst Consensus

AKAM Stock  USD 91.08  3.12  3.55%   
The current analyst and expert consensus on Akamai Technologies is Strong Buy with 7 hold recommendations. The current projected Akamai Technologies target price consensus is 109.12 with 24 analyst opinions. One of the most common ways Akamai Technologies analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Akamai Technologies vendors, executives, and/or customers. Akamai Technologies recommendation module provides expert sentiment on the projected Akamai Technologies target price to derive its highest and lowest estimates based on target price standard deviation of 2.2442.
Lowest Forecast
99.3
Highest Forecast
121.12
Target Price
109.12
As of the 22nd of November 2024, Gross Profit is likely to grow to about 2.4 B. Also, Pretax Profit Margin is likely to grow to 0.18. At this time, Akamai Technologies' Non Current Assets Total are very stable compared to the past year. As of the 22nd of November 2024, Common Stock Shares Outstanding is likely to grow to about 166.9 M, while Cash is likely to drop about 315.7 M.
  
It's important to approach Akamai Technologies' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Akamai Technologies price targets

Akamai Technologies' stock target price is an estimate of its future price, usually made by analysts. Using Akamai Technologies' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Akamai Technologies' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Akamai Technologies' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Akamai Technologies Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Akamai Technologies is a key component of Akamai Technologies valuation and have some predictive power on the future returns of a Akamai Technologies.
Hype
Prediction
LowEstimatedHigh
87.5789.8092.03
Details
Intrinsic
Valuation
LowRealHigh
81.97101.25103.48
Details
Naive
Forecast
LowNextHigh
84.3986.6288.85
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.561.591.59
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Akamai Technologies. Your research has to be compared to or analyzed against Akamai Technologies' peers to derive any actionable benefits. When done correctly, Akamai Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Akamai Technologies.

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When determining whether Akamai Technologies is a strong investment it is important to analyze Akamai Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Akamai Technologies' future performance. For an informed investment choice regarding Akamai Stock, refer to the following important reports:
Check out Macroaxis Advice on Akamai Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Akamai Stock, please use our How to Invest in Akamai Technologies guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.