+Compare
AKAM
Stock ticker:
NASDAQ
AS OF
Jun 24 closing price
Price
$94.46
Change
+$2.59 (+2.82%)
Capitalization
14.49B

AKAM Price Prediction, Akamai Technologies AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
AI
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jun 24, 2022

AKAM's RSI Oscillator climbs out of oversold territory

The RSI Oscillator for AKAM moved out of oversold territory on June 17, 2022. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 21 similar instances when the indicator left oversold territory. In 15 of the 21 cases the stock moved higher. This puts the odds of a move higher at 71%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 52 cases where AKAM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for AKAM just turned positive on June 24, 2022. Looking at past instances where AKAM's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AKAM advanced for three days, in of 367 cases, the price rose further within the following month. The odds of a continued upward trend are .

AKAM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 10, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on AKAM as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The 50-day moving average for AKAM moved below the 200-day moving average on May 31, 2022. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AKAM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. AKAM’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.425) is normal, around the industry mean (16.033). P/E Ratio (24.691) is within average values for comparable stocks, (125.371). Projected Growth (PEG Ratio) (0.912) is also within normal values, averaging (4.379). Dividend Yield (0.000) settles around the average of (0.031) among similar stocks. P/S Ratio (4.312) is also within normal values, averaging (111.235).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

AI
A.I.Advisor
published price charts
AI
A.I. Advisor
published Earnings

AKAM is expected to report earnings to fall 5.76% to $1.31 per share on August 02

Akamai Technologies AKAM Stock Earnings Reports
Q2'22
Est.
$1.31
Q1'22
Missed
by $0.03
Q4'21
Beat
by $0.07
Q3'21
Beat
by $0.06
Q2'21
Beat
by $0.04
The last earnings report on May 03 showed earnings per share of $1.39, missing the estimate of $1.42. With 707.00K shares outstanding, the current market capitalization sits at 14.49B.
AI
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Adobe (NASDAQ:ADBE), Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW), Activision Blizzard (NASDAQ:ATVI), NetEase (NASDAQ:NTES), Palo Alto Networks (NYSE:PANW), VMware (NYSE:VMW).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 5.98B. The market cap for tickers in the group ranges from 580 to 1.94T. MSFT holds the highest valuation in this group at 1.94T. The lowest valued company is NANN at 580.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was 4%. For the same Industry, the average monthly price growth was -1%, and the average quarterly price growth was -28%. PUSOD experienced the highest price growth at 155%, while PRTHU experienced the biggest fall at -71%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was -19%. For the same stocks of the Industry, the average monthly volume growth was 35% and the average quarterly volume growth was 71%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 71
Price Growth Rating: 57
SMR Rating: 71
Profit Risk Rating: 88
Seasonality Score: 6 (-100 ... +100)
AI

View a ticker or compare two or three

AI
A.I. Advisor
published General Information

General Information

a provider of cloud services for delivering, optimizing and securing online content and business applications

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Internet Software Or Services
Address
145 Broadway
Phone
+1 617 444-3000
Employees
8700
Web
https://www.akamai.com

Interesting Tickers

1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
PD28.501.33
+4.90%
PagerDuty
CBOE114.952.60
+2.31%
Cboe Global Markets
TSAT13.13-0.06
-0.45%
Telesat Corp
HLTH4.24-0.16
-3.64%
Cue Health
BHAT2.36-0.37
-13.55%
Blue Hat Interactive Entertainment Technology

AKAM and

Correlation & Price change

A.I.dvisor indicates that over the last year, AKAM has been loosely correlated with ANSS. These tickers have moved in lockstep 52% of the time. This A.I.-generated data suggests there is some statistical probability that if AKAM jumps, then ANSS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AKAM
1D Price
Change %
AKAM100%
+2.82%
ANSS - AKAM
52%
Loosely correlated
+4.22%
TYL - AKAM
52%
Loosely correlated
+5.45%
VRSN - AKAM
50%
Loosely correlated
+3.28%
SNPS - AKAM
50%
Loosely correlated
+2.66%
FTNT - AKAM
50%
Loosely correlated
+4.10%
More