Akamai Q2 revenue edges past estimates on cloud infrastructure segment strength

AKAM•2026-08-06

Akamai sees third-quarter revenue between $1.105 billion and $1.130 billion.
The company expects full-year 2026 revenue between $4.445 billion and $4.530 billion.
Akamai forecasts third-quarter non-GAAP EPS of $1.60 to $1.80.
The current average analyst rating on the shares is "buy", with 16 "strong buy" or "buy", 9 "hold" and 2 "sell" or "strong sell" recommendations.
The average consensus recommendation for the IT services and consulting peer group is "buy".
Wall Street's median 12-month price target for Akamai Technologies Inc is $165.00, about 34.9% above its August 5 closing price of $122.27.
The stock recently traded at 18 times the next 12-month earnings versus a P/E of 15 three months ago.

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 Revenue	Slight Beat*	$1.10 bln	$1.09 bln (21 Analysts)
Q2 Adjusted EPS	Beat	$1.59	$1.57 (22 Analysts)
Q2 EPS		$0.52
Q2 Adjusted Net Income	Beat	$236 mln	$231.99 mln (20 Analysts)
Q2 Net Income		$79.40 mln
Q2 Adjusted EBITDA	Miss	$416 mln	$421.13 mln (18 Analysts)

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