From Nasdaq: 2025-01-17 18:15:21

Akamai Technologies (AKAM) closed at $91.01, up 0.56% from the previous day, underperforming the S&P 500. The stock has dropped by 4.31% in the past month, below the sector and S&P 500 losses.

Investors await Akamai’s earnings release on February 20, 2025, with projected EPS of $1.52, down 10.06% from last year. Analysts’ revisions suggest a favorable outlook, impacting stock performance.

With a Zacks Rank of #3 (Hold), Akamai Technologies currently holds a Forward P/E ratio of 13.39, offering a discount compared to industry averages. The Internet – Services sector is ranked 56 out of over 250, indicating strong performance potential.

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Read more at Nasdaq: Akamai Technologies (AKAM) Ascends But Remains Behind Market: Some Facts to Note