Tech high-fliers hitting turbulence
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Akamai operates a content delivery network, in which customers store content on distributed servers to deliver it to their own customers more quickly. Akamai has over 350,000 servers distributed over 4,350 points of presence in more than 700 cities globally. This network supports upward of 20% of global internet traffic, generating massive amounts of data. Using data generated by the delivery network, the firm offers cybersecurity products and cloud computing services, ranging from API security to zero-trust enterprise access, which has surpassed the delivery network in revenue and importance. As of 2026, the primary focus has shifted to offering computing hardware as a service, with an emphasis on serving large language model providers such as Anthropic.
Akamai Technologies trades on the NASDAQ stock market under the symbol AKAM.
As of June 10, 2026, AKAM stock price declined to $129.97 with 3,781,719 million shares trading.
AKAM has a beta of -0.28, meaning it tends to be less sensitive to market movements. AKAM has a correlation of 0.00 to the broad based SPY ETF.
AKAM has a market cap of $18.90 billion. This is considered a Large Cap stock.
Last quarter Akamai Technologies reported $1 billion in Revenue and $1.61 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.13.
In the last 3 years, AKAM traded as high as $165.45 and as low as $67.51.
The top ETF exchange traded funds that AKAM belongs to (by Net Assets): VTI, CIBR, VOO, VB, IVV.
AKAM has outperformed the market in the last year with a return of +66.5%, while the SPY ETF gained +22.2%. In the last 3 month period, AKAM beat the market returning +27.3%, while SPY returned +7.2%. However, in the most recent 2 weeks AKAM has underperformed the stock market by returning -12.3%, while SPY returned -3.4%.
AKAM support price is $132.68 and resistance is $142.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AKAM shares will trade within this expected range on the day.