AKAM Stock Recent News

Finding the best edge computing stocks often relies on seeing which company has the most successful specialized application of the technology. For example, the term edge computing can refer to cloud computing provided at the physical edges of a network, or it can refer to 5G networks that connect an internal network to a private server for off-site calculations.

Healthy demand in security and compute verticals is likely to have positively impacted Akamai's (AKAM) top line in the second quarter.

The new digital age for cybersecurity stocks to me is reflective of a number of long-term trends that could reshape the industry. One of the significant trends is the growing usage of artificial intelligence and machine learning in cybersecurity.

Companies combine security information and event management (SIEM) technology with Zero Trust solutions to help increase enterprises' overall security posture. CAMBRIDGE, Mass.

Evaluate the expected performance of Akamai Technologies (AKAM) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

In the closing of the recent trading day, Akamai Technologies (AKAM) stood at $98.28, denoting a +0.41% change from the preceding trading day.

Accreditations address requirements to serve federal entities that demand elevated security and compliance CAMBRIDGE, Mass. , July 31, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced its intent to achieve the Federal Risk and Authorization Management Program (FedRAMP) High accreditation for its comprehensive portfolio of services through an initiative called Defense Edge.

Akamai is slated to report its Q2 FY'24 results on August 8. We estimate that Akamai's revenue will come in at about $980 million for the quarter, slightly ahead of consensus estimates and 4.5% higher compared to last year.

Akamai recorded more than 26 billion application and API attacks in June 2024 CAMBRIDGE, Mass. , July 30, 2024 /PRNewswire/ --  Akamai Technologies, Inc.  (NASDAQ: AKAM), the cloud company that powers and protects life online, today released a new State of the Internet (SOTI) report that shows how growth in demand for applications and APIs has transformed them into lucrative targets for threat actors.

On Monday, July 29th, Guggenheim analysts upgraded Akamai Technologies (NASDAQ: AKAM) to a Buy from Hold, setting a price target of $128. This price target suggests a potential upside of over 30% from Akamai's current trading price of $98.