Demystifying Akamai Techs: Insights From 8 Analyst Reviews
Portfolio Pulse from Benzinga Insights
Akamai Technologies (NASDAQ:AKAM) has been analyzed by 8 analysts, showing a mix of bullish to bearish sentiments. The average 12-month price target is $122.38, up from $116.50, with actions ranging from 'Raises' to 'Lowers'. Akamai operates a significant CDN and offers security and cloud computing, showing strong financial health with a 7.25% revenue growth, a net margin of 16.2%, and an ROE of 3.61%. The company's market performance and financial indicators suggest a positive outlook.

March 07, 2024 | 2:00 pm
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Akamai Technologies has received mixed analyst ratings but shows strong financial health with a positive revenue trend and exceptional net margin. The average 12-month price target has increased, indicating a positive outlook.
The mixed analyst ratings, combined with strong financial indicators such as revenue growth, net margin, and ROE, suggest a generally positive outlook for AKAM. The increase in the average 12-month price target further supports this positive sentiment, potentially leading to short-term price appreciation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100