Akamai Technologies (AKAM) stock closes down 1.01%, with upcoming earnings report and analyst revisions

From Nasdaq: 2024-12-27 18:15:22

Akamai Technologies (AKAM) closed at $96.97, down 1.01%, outperforming the S&P 500 but trailing the tech-heavy Nasdaq. Expectations for upcoming earnings report include $1.52 per share and $1.01 billion in revenue, with full-year estimates at $6.33 EPS and $3.99 billion revenue. Recent analyst revisions can impact stock prices, with a Zacks Rank of #3 (Hold).

In terms of valuation, AKAM has a Forward P/E ratio of 15.47, below the industry average of 24.48. Additionally, the PEG ratio sits at 2.54, higher than the industry average of 2.06. The Internet – Services industry ranks in the top 16% of all industries, with top industries outperforming lower ones by a factor of 2 to 1. Stay updated on these metrics with Zacks.com.

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Read more at Nasdaq: Akamai Technologies (AKAM) Stock Moves -1.01%: What You Should Know