Akamai Technologies Inc (Symbol: AKAM) shares recently surpassed the average analyst 12-month target price of $107.75, trading at $108.50 per share. Analysts are now evaluating whether to downgrade their predictions or adjust them higher, as 16 analysts contributed to the average target. Notably, targets range from a low of $74.00 to a high of $145.00, with a standard deviation of $19.32.
Current analyst ratings indicate strong interest in AKAM, with 8 strong buy ratings, 1 buy rating, 7 hold ratings, and 1 strong sell rating. The average rating stands at 2.12, where 1 indicates a strong buy and 5 indicates a strong sell. This consensus reflects the analysts’ assessment of the company’s potential value moving forward.
