This Is Why Akamai Stock (AKAM) Was Up Today

Akamai (AKAM) stock rallied on Friday following the company’s latest earnings report and updated analyst coverage. Starting with earnings, Akamai posted adjusted earnings per share of $1.61 alongside revenue of $1.07 billion in Q1 2026. These results were mixed compared to Wall Street’s estimates of $1.60 per share and revenue of $1.1 billion.

Akamai also provided the following financial guidance in its latest earnings report.

• Q2 revenue of $1.075 billion to $1.1 billion, compared to Wall Street’s estimate of $1.1 billion.
• Full-year revenue of $4.445 billion to $4.55 billion, compared to analysts’ estimates of $4.48 billion.
• Q2 adjusted EPS of $1.45 to $1.65, compared to Wall Street’s estimate of $1.64.
• Full-year adjusted EPS of $6.40 to $7.15, compared to analysts’ estimates of $6.86.

Akamai’s Q1 earnings report was a catalyst for positive analyst coverage today. That included several price target increases. Additionally, five-star Craig-Hallum analyst Jeff Van Rhee upgraded AKAM stock to a Buy rating and boosted his price target to $190 from $100, suggesting a possible 62.82% upside for the shares.

Akamai Stock Movement Today

Akamai stock was up 23.41% in premarket trading on Friday, following a 4.34% fall yesterday. The stock has also gained 33.74% year-to-date and 53.04% over the past 12 months.

AKAM stock trading activity today was below average at 1.16 million shares, compared to a three-month average daily trading volume of 5.19 million shares.

Is Akamai Stock a Buy, Sell, or Hold?

Turning to Wall Street, the analysts’ consensus rating for Akamai is Moderate Buy, based on 11 Buy, seven Hold, and two Sell ratings over the past three months. With that comes an average AKAM stock price target of $141.94, representing a potential 21.64% upside for the shares. These ratings and price targets will likely change as more analysts update their coverage after this earnings report.