I am downgrading Akamai Technologies stock from buy to hold due to persistent underperformance in the Delivery segment, which saw a 16% y/y revenue decline. Despite strong growth in Compute and ...
Akamai Technologies (NASDAQ:AKAM) plunged 8% on Wednesday after it reported fourth-quarter results slightly below estimates. For the period ending Dec. 31, Akamai earned $1.69 per share on $995M.
Akamai Technologies, Inc. AKAM is scheduled to release first-quarter 2025 results on May 8, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 9.21%.
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