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AKAM
Akamai Technologies, Inc.

Akamai Technologies, Inc.AKAM

Technology · Software - Infrastructure
106.79USD
-0.32%
Sep 14, 2026
AKAM overview ready
Edge-security infrastructure enabling runtime protection for applications and APIs
Akamai is an edge-security infrastructure provider with direct revenue exposure to web application and API protection, bot and abuse mitigation, DDoS defense, DNS security, and segmentation.
Strong narrative exposure
Exposed to the Enterprise Cybersecurity Modernization narrative through Application, API, and Edge Security — infrastructure supplier.
No clear price read
Longer-term context reads early trend, with a near-term setup of failed reclaim.
Demanding valuation
Akamai Technologies, Inc. carries a Expensive valuation stance that the scored components do not clearly support.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Intense competition from other cloud and security providers.
Market Sep 11Filing Jun 30Price action Sep 13Research Sep 3

Conviction Level

NarrativeHeat7.3ThemeHeat7.1PriceAction5.4Valuation3.3CompanyPosition9.3
Price
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Price Action

No clear price read
Longer-term context reads early trend, with a near-term setup of failed reclaim.
EntryConstructive

Structure is constructive on both timeframes without excessive extension — a reasonable entry location.

Key Financials

Market Cap
$15.3B
Avg Volume (60D)
3.3M
60 sessions
Revenue Growth YoY
+5.4%
FY2025 vs FY2024
Gross Margin
+53.4%
Trailing twelve months
Operating Margin
+10.5%
Trailing twelve months
Free Cash Flow Yield
+6.2%
Distance from 200DMA
-2.9%
Next Earnings
2026-11-05
P/E
37.3x
EV / EBITDA
11.6x
EV / Sales
3.2x
Market metrics as of Sep 11, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

One of the two valuation perspectives says expensive; intrinsic is the dissenting view.
Akamai Technologies, Inc. carries a Expensive valuation stance that the scored components do not clearly support. Treat it as unresolved.

Company Research

Thesis
Akamai is an edge-security infrastructure provider with direct revenue exposure to web application and API protection, bot and abuse mitigation, DDoS defense, DNS security, and segmentation.
Opportunity
Moderate opportunity
Enterprise spending on runtime protection for internet-facing applications, APIs, automated workflows, and edge-delivered services as cloud migration and AI agents expand the externally exposed attack surface.
Key risk
Intense competition from other cloud and security providers.

Narrative & Theme

Enterprise Cybersecurity Modernization
Part of Application, API, and Edge Security, with strong fit.
AKAM is a strong direct participant in enterprise application, API, bot, and edge-security budgets, rather than merely a generic cloud-security adjacency.
Narrative HeatHeating up7.3 / 10
Theme HeatHeating up7.1 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Software - Infrastructure
What they do

Akamai Technologies provides security, content delivery, and cloud computing solutions globally, operating a distributed platform to protect and accelerate web and application traffic.

How it earns

The company primarily generates revenue through subscription-based contracts for its security and delivery services.

Products & services
Web application and API protection solutions
Bot & Abuse protection portfolio
Account lifecycle protection services
Customers & end markets
Enterprises requiring web and API security
Organizations needing content delivery and cloud infrastructure
Market position

Akamai is a leader in the web security and content delivery network market.

Demand drivers
Low cyclicality

Demand for security and cloud delivery services tends to be stable and less sensitive to economic cycles.

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