Akamai Reports Fourth Quarter 2015 And Full-Year 2015 Financial Results

Craig-Hallum Upgrades Akamai Technologies (AKAM) to Buy

Craig-Hallum upgraded Akamai Technologies (NASDAQ: AKAM) from Hold to Buy with a price target of $53.00.

For an analyst ratings summary and ratings history on Akamai Technologies click here. For more ratings news on Akamai Technologies click here.

Shares of Akamai Technologies closed at $39.57 yesterday.

FBR Capital Reiterates Underperform as Akamai Technologies' (AKAM) Weak Guide is Driven by Aggressive Pricing and Revenue Declines

FBR Capital reiterated an Underperform rating on Akamai Technologies (NASDAQ: AKAM), and cut the price target to $42.00 (from $49.00), following the company's 4Q earnings report. Fourth-quarter revenues were $579.2M, versus consensus of $569.0M. Adjusted EPS of $0.72 benefited from $0.06 in federal R&D tax credit reinstatement, versus consensus of $0.62. Guidance for 1Q16 was modestly higher than current consensus estimates. Revenue guidance was announced at $554M to $570M versus consensus of $567.9M. EPS guidance... More

B. Riley Upgrades Akamai Technologies (AKAM) to Buy

B. Riley upgraded Akamai Technologies (NASDAQ: AKAM) from Neutral to Buy with a price target of $60.00.

For an analyst ratings summary and ratings history on Akamai Technologies click here. For more ratings news on Akamai Technologies click here.

Shares of Akamai Technologies closed at $39.57 yesterday.

Akamai Technologies (AKAM) Tops Q4 EPS by 10c; New $1B Stock Buyback Approved

Akamai Technologies (NASDAQ: AKAM) reported Q4 EPS of $0.72, $0.10 better than the analyst estimate of $0.62. Revenue for the quarter came in at $579 million versus the consensus estimate of $560.72 million.

The Company also announces today that its Board of Directors has authorized a new $1 billion share repurchase program, effective from February 9, 2016 through December 31, 2018. The Company's goal for this... More