Akamai Technologies AKAM has seen various shifts in stock performance. The company recently released earnings forecasts for the first quarter of 2025 with an investor call scheduled for May 8. Despite underperforming in the technology sector, some analysts believe it may be time to consider buying AKAM stock. Recent product launches include the App & API Protector Hybrid and Akamai Cloud Inference to power real-world AI deployments. Meanwhile, the company recently experienced stock movement due to increased teen social media use. There are also concerns over slowing growth, instigating some insider stock purchases and various adjustments in stock price targets by industry experts. RBC has notably reduced the price target for AKAM from $90 to $75. Legal firms have started investigating Akamai over potential allegations against the company. Despite the mixed outlook, Akamai's Q4 2024 earnings saw the company surpassing revenue milestones, leading to a beat in Wall Street estimates. Yet the underperformance and weak financial outlook for 2025 have raised questions about the company's future prospects.
Akamai Technologies AKAM News Analytics from Mon, 17 Feb 2025 08:00:00 GMT to Thu, 10 Apr 2025 12:44:03 GMT -
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- Innovation -3
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