Akamai Announces $1.35 Billion Convertible Notes Offering

Akamai ( (AKAM) ) has issued an update.

On May 12, 2025, Akamai Technologies amended its Credit Agreement, increasing its revolving commitments to $1 billion and extending the maturity date to November 2028. This amendment reflects Akamai’s strategic financial management and positions it for future growth. On May 13, 2025, Akamai announced a proposed private offering of $1.35 billion in Convertible Senior Notes due 2033, aimed at refinancing existing debt and repurchasing shares. This move is expected to optimize Akamai’s capital structure and potentially impact its stock market performance.

The most recent analyst rating on (AKAM) stock is a Buy with a $115.00 price target. To see the full list of analyst forecasts on Akamai stock, see the AKAM Stock Forecast page.

Spark’s Take on AKAM Stock

According to Spark, TipRanks’ AI Analyst, AKAM is a Outperform.

Akamai’s overall stock score reflects a strong financial position with growth in key segments and solid cash flow. Technical indicators suggest caution due to bearish trends, while valuation is moderate. Positive corporate events and earnings call guidance contribute to a favorable outlook, despite challenges in delivery revenue and macroeconomic concerns.

To see Spark’s full report on AKAM stock, click here.

More about Akamai

Akamai Technologies, Inc. is a cybersecurity and cloud computing company that powers and protects businesses online. It offers market-leading security solutions, superior threat intelligence, and a global operations team to provide defense against cyber threats.

Average Trading Volume: 2,820,035

Technical Sentiment Signal: Sell

Current Market Cap: $11.52B

For detailed information about AKAM stock, go to TipRanks’ Stock Analysis page.