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Will Healthy Revenue Growth Boost Akamai's (AKAM) Q2 Earnings?
ZACKS· 2024-08-07 02:05
Akamai Technologies, Inc. (AKAM) is scheduled to release second-quarter 2024 results on Aug 8, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 1.86%. It pulled off a trailing four-quarter earnings surprise of 5.44%, on average. The company is expected to report higher revenues year over year, backed by healthy demand in security and compute verticals. Management’s focus on expanding its portfolio to cater to advanced use cases is a tailwind.Factors at Play ...
7 Cybersecurity Stocks That May Thrive in the Digital Age
Investor Place· 2024-08-06 18:31
The new digital age for cybersecurity stocks to me is reflective of a number of long-term trends that could reshape the industry. One of the significant trends is the growing usage of artificial intelligence and machine learning in cybersecurity. These technologies are transforming methods of detecting and combating threats through the processing of large amounts of information and the recognition of suspicious patterns. Another factor that is likely to create more opportunities and threats is quantum compu ...
Akamai and Datadog Partner to Detect, Investigate, and Respond to Threats Across Applications and Workloads
Prnewswire· 2024-08-06 18:00
Companies combine security information and event management (SIEM) technology with Zero Trust solutions to help increase enterprises' overall security posture.CAMBRIDGE, Mass., Aug. 6, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced a partnership with Datadog, the monitoring and security platform for cloud applications, that will enable organizations to integrate Datadog Cloud SIEM with Zero Trust solutions Akamai Enterpr ...
Akamai Technologies (AKAM) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2024-08-01 07:15
The most recent trading session ended with Akamai Technologies (AKAM) standing at $98.28, reflecting a +0.41% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 1.08% for the day. On the other hand, the Dow registered a gain of 0.75%, and the technology-centric Nasdaq increased by 2.64%.Shares of the cloud services provider have appreciated by 7.77% over the course of the past month, outperforming the Computer and Technology sector's loss of 5.77% ...
Akamai Announces Intent to Achieve FedRAMP High and DoD Impact Levels 4 and 5 Accreditations
Prnewswire· 2024-07-31 18:00
Accreditations address requirements to serve federal entities that demand elevated security and complianceCAMBRIDGE, Mass., July 31, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced its intent to achieve the Federal Risk and Authorization Management Program (FedRAMP) High accreditation for its comprehensive portfolio of services through an initiative called Defense Edge. In addition, Akamai will also pursue the U.S. Depart ...
Security And Compute In Focus As Akamai Reports Q2 Earnings
Forbes· 2024-07-31 17:00
文章核心观点 - Akamai 预计将在 2023 年 8 月 8 日公布 Q2 FY'24 财报,预计收入将达到约 9.8 亿美元,略高于共识预期,同比增长 4.5% [2] - Akamai 的安全业务增长迅速,销售额同比增长 21% 至 4.91 亿美元,公司正专注于 API 安全性 [3] - Akamai 在云计算领域的进展也值得关注,其计算收入同比增长 25% 至 1.45 亿美元 [4] - Akamai 股票近年来表现较弱,与标普 500 指数相比有所落后 [5][6] - 分析师对 Akamai 股票持乐观态度,认为其估值合理,未来在计算和安全市场有较大上升空间 [7] 行业分析 内容交付业务 - Akamai 的传统内容交付业务正在萎缩,主要媒体和超大型公司正在将交付业务转移到内部 [3] 安全业务 - Akamai 的安全业务增长迅速,销售额同比增长 21% 至 4.91 亿美元 [3] - Akamai 正专注于 API 安全性,IDC 预测 API 安全市场将以年均 34% 的速度增长至 2027 年达到近 10 亿美元 [3] 云计算业务 - Akamai 在云计算领域的进展也值得关注,其计算收入同比增长 25% 至 1.45 亿美元 [4] - Akamai 推出了 Akamai Connected Cloud,与亚马逊 AWS、微软 Azure 和谷歌等大型云服务商直接竞争 [4] 公司分析 - Akamai 预计将在 2023 年 8 月 8 日公布 Q2 FY'24 财报,预计收入将达到约 9.8 亿美元,略高于共识预期,同比增长 4.5% [2] - Akamai 股票近年来表现较弱,与标普 500 指数相比有所落后 [5][6] - 分析师对 Akamai 股票持乐观态度,认为其估值合理,未来在计算和安全市场有较大上升空间 [7]
Akamai Research: Web Attacks Targeting Applications and APIs Up by 49% in the Last Year
Prnewswire· 2024-07-30 18:32
Akamai recorded more than 26 billion application and API attacks in June 2024CAMBRIDGE, Mass., July 30, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today released a new State of the Internet (SOTI) report that shows how growth in demand for applications and APIs has transformed them into lucrative targets for threat actors. In Digital Fortresses Under Siege: Threats to Modern Application Architectures, Akamai notes that it observed m ...
Analyst Delivers Bull Note on Akamai Delivery Praise
Schaeffers Investment Research· 2024-07-29 22:14
Akamai Technologies, Inc. (NASDAQ:AKAM) is 0.9% higher at $97.87 at last look, after Guggenheim upgraded shares to "buy" from "neutral." The analyst also hiked its price target to $128, a 32% premium to Friday's close, citing the cloud company's leadership in the content delivery network business as the main catalyst for its bull note.AKAM opened today's session at $98.95,and bounced back above its 100-day moving average that has acted as pressure since mid-February. Winning four of the last five weeks, the ...
Akamai (AKAM), Yospace Unite to Enhance Video Content Delivery
ZACKS· 2024-07-25 00:25
Akamai Technologies, Inc. (AKAM) has made a significant step in the digital content delivery industry by integrating Yospace into its Qualified Compute Partner Program. This strategic partnership with Yospace is set to bolster Akamai's ability to deliver personalized, high-quality content leveraging the former's expertise in server-side ad insertion technology.The Qualified Compute Partner Program is designed to offer Akamai’s customers seamless access to solution-based services that integrate smoothly with ...
Yospace Joins Akamai Qualified Compute Partner Program
Prnewswire· 2024-07-23 18:30
CAMBRIDGE, Mass., July 23, 2024 /PRNewswire/ -- Akamai Technologies Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announced today that Yospace is the latest organization to join the Akamai Qualified Compute Partner Program as an Independent Software Vendor (ISV). Yospace is providing world-leading server-side ad insertion (SSAI) for leading media companies across the globe.Yospace is the latest organization to join the Akamai Qualified Compute Partner Program as an Independent ...