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Akamai Technologies, Inc. (AKAM)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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108.22+0.30 (+0.28%)
As of 3:12PM EDT. Market open.
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  • B
    B
    Well, about 9 months ago I urged all on this board to get out and make gains in other places in the market. Now I am back and am looking to buy back into AKAM. This is a solid company that held up during the worst market conditions of Covid. I will be buying over the next month or so and I would recommend you all add as well. GL, B
  • J
    Jabberwonky
    This stock should pay a dividend because it does nothing. Buy at 94, sell a few months later and repeat. Will never break out…
  • J
    Jim
    Well we didn't rise with the high flying tech stocks but we sure can fall with the best of them.
  • B
    Benjo
    It's a buy !
  • j
    john
    This company has gained $5 in one year! Security is thus proven unimportant.
  • N
    Noname
    what is needed this make this stock to stop being sooo boring. Great company, great technology, and a very boring flat stock. Maybe Akamai suffers from a brilliant but infinitely boring CEO...
  • P
    Playmakers
    Was Akam represented at the cybersecurity meeting today at the White house?
  • p
    pedro
    Wish someone would short squeeze this one after announcement .. it’s so predictable you can set the time..
  • N
    Noname
    Has ever Akamai moved up after great results. We can always counts on post learning statements from the company to crash the stock.. predictable and annoying
  • S
    Sam
    Total manipulation.. See the volume... They did the same for PFE... It went up 50% in a month or so....:) This has been purposefully kept down for whatever reason......Such a high quality stock... All it's peers are up more than 100% in the past year... This has hardly moved.... Time for a big uptick.
  • E
    Eohippus
    They have a blow out quarter, beat the Revenue and EPS numbers. They increase guidance for the year. and the stock drops... They are nothing if not predictable.
  • b
    brynn
    think they will get bought out?
  • J
    Jim
    History tells me to sell now, listen to Dr. Doom later and then buy back on Friday, but I am to lazy, so I will just sit back and take the pain.
  • A
    Aaron
    if your long, what is there to complain about? in since 2018. Great stock, just let her climb
  • P
    Playmakers
    Always drops after beat earnings and then goes back up. Rinse and repeat. Never understand it. Outstanding numbers to be honest.

    Reports Q3 (Sep) earnings of $1.31 per share, $0.08 better than Consensus of $1.23; revenues rose 11.7% year/year to $793 mln vs the $775.16 mln Consensus. Web Division revenue was $418 million, up 8% year-over-year and up 7% when adjusted for foreign exchange.Media and Carrier Division revenue was $375 million, up 16% year-over-year and when adjusted for foreign exchange.Cloud Security Solutions revenue was $266 million, up 23% year-over-year and when adjusted for foreign exchange.Revenue from Internet Platform Customers was $51 million, up 15% year-over-year and when adjusted for foreign exchange.
  • R
    Robert
    This is typical behavior for the Akamai stock price. It usually goes up before its earnings report. Then posts excellent earnings. Initially it then goes down because some are not convinced the earnings are truly spectacular. Then it slowly begins to rise again as it gets upgraded by the big brokerage houses.
  • D
    Drew
    large hedge fund sold shares, predicts less profitable year. mostly BS but that's why its moving down
  • D
    Drew
    these earnings sells off are brutal. most people can't even trade in after hours. institutions sell and scoop up the shares after the panic. a f.,.k.,.n racket
  • T
    Tom
    CFRA rates AKAM after earnings report a buy with a target price of $125. Says future shows major upside in growth.Stay long and strong. Going much higher.
  • N
    Noname
    "Akamai Technologies (AKAM) reported first-quarter earnings that topped Wall Street targets despite the coronavirus emergency. While Akamai earnings topped views, shares fell in extended trading amid high expectations.

    Cambridge, Mass.-based Akamai stock fell nearly 5% to 96.75 in extended trading on the stock market today. Akamai stock has rallied on views that traffic volume on its content delivery network has jumped as stay-at-home consumers engage in more video streaming.

    Akamai earnings rose 9% to $1.20 an adjusted share, the company said. The internet infrastructure provider's revenue climbed 8% to $764 million."

    what is the logic for the stock falling when it has posted better than expected result. Can anybody decode the above "explanation"?