Akamai Technologies Inc
AKAMAkamai Technologies Inc (AKAM) is a global leader in content delivery network (CDN) services and cloud security solutions. Founded in 1998, the company specializes in providing distributed computing infrastructure to improve website performance, security, and scalability for businesses worldwide. Akamai's services help reduce latency, prevent cyberattacks, and optimize online experiences across various industries.
Company News
Akamai Technologies stock surged nearly 4% on Monday following a rare double upgrade from Morgan Stanley analyst Sanjit Singh, who raised his price target from $83 to $115 per share and changed his recommendation from underweight to overweight. Singh believes the company is undervalued given its strategic pivot from content delivery to cybersecur...
Miggo Security's study reveals significant vulnerabilities in Web Application Firewalls (WAFs), highlighting that 52% of exploits bypass default security rules. The research emphasizes the need for AI-powered, runtime-intelligent security solutions to mitigate emerging cyber threats.
KeyBanc analyst Jackson Ader upgraded Fastly and Akamai, highlighting their potential for growth in security and compute services, with positive outlook for 2026.
The DDoS protection market is projected to grow from USD 5.84 billion in 2025 to USD 17.15 billion by 2033, driven by increasing cyberattack complexity and the expansion of internet-connected devices across various industries.
Akamai Technologies has acquired Fermyon, a serverless WebAssembly company, to enhance its edge computing and cloud-native application capabilities. The acquisition aims to improve developer tools for building lightweight, high-performance applications at the internet's edge.
