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Akamai Completes Convertible Notes Offering and Stock Buyback

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Confident Investing Starts Here:

Akamai ( (AKAM) ) just unveiled an announcement.

On May 19, 2025, Akamai Technologies completed its offering of 0.25% Convertible Senior Notes due in 2033, raising $1.725 billion. The proceeds were used for convertible note hedge transactions and repurchasing 3,870,468 shares of common stock, impacting the company’s financial strategy and market position.

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 its strong financial position and positive corporate events, despite technical challenges. Growth in key segments and a robust balance sheet are major strengths, with cautious optimism from the earnings call. Valuation is moderate, with no dividend yield to influence investor sentiment.

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

More about Akamai

Akamai Technologies, Inc. operates in the technology industry, providing services primarily focused on content delivery networks (CDN) and cloud services. The company is known for enhancing internet performance and security, catering to a global market that demands efficient and secure web experiences.

Average Trading Volume: 3,102,819

Technical Sentiment Signal: Sell

Current Market Cap: $11.41B

See more data about AKAM stock on TipRanks’ Stock Analysis page.

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