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Akamai Technologies (AKAM)

(Real Time Quote from BATS)

$102.14 USD

102.14
25,679

+2.06 (2.06%)

Updated Aug 29, 2024 10:22 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value B Growth B Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 36% (90 out of 251)

Industry: Internet - Services

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Balance Sheet

Research for AKAM

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Akamai Technologies, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 864 1,105 1,078 1,098 1,537
Receivables 724 679 676 660 552
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 216 185 166 171 143
Total Current Assets 1,805 1,970 1,920 1,930 2,232
Net Property & Equipment 1,826 1,540 1,534 1,478 1,152
Investments & Advances 1,431 321 1,088 1,399 835
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 418 338 168 107 77
Intangibles 3,387 3,206 2,469 1,909 1,780
Deposits & Other Assets 124 117 142 148 173
Total Assets 9,900 8,303 8,139 7,764 7,007
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 147 145 110 119 139
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 352 367 412 380 335
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 114 110 93 104 80
Total Current Liabilities 836 819 790 758 693
Mortgages 0 0 0 0 0
Deferred Taxes/Income 48 41 66 43 34
Convertible Debt 3,538 2,285 1,976 1,907 1,840
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 106 105 69 90 90
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 5,303 3,943 3,609 3,513 3,349
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2 2 2 2 2
Capital Surplus 2,223 2,579 3,341 3,665 3,653
Retained Earnings 2,468 1,920 1,257 605 48
Other Equity -95 -140 -69 -20 -45
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 4,597 4,360 4,530 4,251 3,658
Total Liabilities & Shareholder's Equity 9,900 8,303 8,139 7,764 7,007
Total Common Equity 4,597 4,360 4,530 4,251 3,658
Shares Outstanding 150.80 157.20 162.40 162.70 161.60
Book Value Per Share 30.49 27.74 27.89 26.13 22.64

Fiscal Year End for Akamai Technologies, Inc falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents 1,637 1,675 864 939 791
Receivables 699 717 724 713 698
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 234 234 216 215 229
Total Current Assets 2,570 2,625 1,805 1,867 1,718
Net Property & Equipment 1,911 1,864 1,826 1,786 1,746
Investments & Advances 277 582 1,431 1,209 249
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 428 430 418 405 337
Intangibles 3,779 3,359 3,387 3,308 3,286
Deposits & Other Assets 133 128 124 122 125
Total Assets 10,088 9,936 9,900 9,582 8,346
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable 0 0 0 0 0
Accounts Payable 125 135 147 144 194
Current Portion Long-Term Debt 1,148 0 0 0 20
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 284 292 352 329 269
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 147 150 114 132 160
Total Current Liabilities 1,946 809 836 810 861
Mortgages 0 0 0 0 0
Deferred Taxes/Income 55 46 48 48 46
Convertible Debt 2,394 3,540 3,538 3,536 2,287
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 107 106 102 104
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 5,333 5,302 5,303 5,258 4,057
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2 2 2 2 2
Capital Surplus 2,368 2,231 2,223 2,757 2,752
Retained Earnings 2,775 2,643 2,468 2,307 2,146
Other Equity -137 -117 -95 -137 -120
Treasury Stock 253 125 0 604 490
Total Shareholder's Equity 4,755 4,634 4,597 4,324 4,289
Total Liabilities & Shareholder's Equity 10,088 9,936 9,900 9,582 8,346
Total Common Equity 4,755 4,634 4,597 4,324 4,289
Shares Outstanding 152.30 151.50 150.80 151.70 152.20
Book Value Per Share 31.22 30.59 30.49 28.50 28.18