Akamai Technologies forecasts 2025 revenue below estimates on sluggish demand
Portfolio Pulse from
Akamai Technologies has projected its 2025 revenue to be below market estimates due to weak demand for its cloud and content delivery services.
February 20, 2025 | 10:00 pm
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Akamai Technologies has announced that its 2025 revenue forecast is below market expectations, citing weak demand for its cloud and content delivery services.
The announcement of lower-than-expected revenue forecasts for 2025 is likely to negatively impact Akamai's stock price in the short term as it suggests potential challenges in demand for its services.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100