Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for AKAMAI TECHNOLOGIES INC (NASDAQ: AKAM) improved during the last several trading days. AKAM’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
AKAMAI TECHNOLOGIES INC (NASDAQ: AKAM) stock declined by -4.7% on 1/10/25. The shares closed at $88.93. Moreover, trading volume in this decline was above average at 122% of normal. The stock has performed in line with the market over the last nine months and has declined -7.0% during the last week.
Current PriceTarget Research Rating
AKAMAI TECHNOLOGIES INC has a current Value Trend Rating of C (Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. AKAMAI TECHNOLOGIES INC has a neutral Appreciation Score of 50 and a neutral Power Rating of 53, with the Neutral Value Trend Rating the result.
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