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Akamai Announces Upsized $1.5B Convertible Notes Offering

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Akamai ( (AKAM) ) has issued an update.

On May 14, 2025, Akamai Technologies announced the pricing of its upsized private offering of $1.5 billion in convertible senior notes due 2033, aimed at qualified institutional buyers. The offering, increased from an initial $1.35 billion, is expected to close on May 19, 2025, and will help Akamai manage its debt and repurchase shares, potentially impacting its stock market dynamics.

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 Technologies displays financial resilience with strong revenue and profitability metrics. Technical analysis suggests caution due to bearish trends, while the valuation remains moderate. Recent earnings call and corporate events highlight growth potential, despite some concerns in delivery revenue and macroeconomic factors.

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 focuses on powering and protecting businesses online.

Average Trading Volume: 2,842,003

Technical Sentiment Signal: Sell

Current Market Cap: $11.54B

Find detailed analytics on AKAM stock on TipRanks’ Stock Analysis page.

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