Akamai Technologies (AKAM) has had a remarkable season, consistently outpacing stock market gains and generating noticeable returns for investors. The company has also shown responsible management of their debt. Recently, Akamai received an
ISO 14001 attestation, indicating high standards for environmental management systems. Partnerships are also on the rise, with
Kyndryl to offer zero trust segmentation services and
APIContext joining Akamai's qualified compute partner program. There's reported growth in security and compute segments with technological ratings improving. Surpassing Q2 earnings and revenue estimates, AKAM demonstrates great momentum. However, stock dips have also been reported, underperforming the broader market. Akamai's strategic SWOT insight reveals a potential overlooked stronger performing segment and an intrinsic value 96% above its share price. Interesting collaborations are also underway, as with the Streaming Video Technology Alliance. Yet, there's reported insider sale of shares suggesting hesitancy. After a successful acquisition of
API Security company Noname, Akamai focuses on its return trends while riding a surge in DDoS attacks. Completion of a proposed offering of
convertible senior notes is announced.
Akamai Technologies AKAM News Analytics from Tue, 13 Feb 2024 08:00:00 GMT to Fri, 18 Oct 2024 23:39:29 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -3
