Technology / Software - Infrastructure

Akamai Technologies, Inc. (AKAM)

$160.32
+4.10%
$21.7B
Market Cap
50.5
P/E Ratio
0.45
Beta
Dividend Yield
Piotroski 5/9Altman Z 2.3 Gray ZoneBeneish M -2.83 CleanROIC−WACC -2.7%

Quantitative Summary

Deterministic

AKAM trades at 50.5x earnings, roughly in line with its sector average of 65.0x. Financial health is average: Piotroski 5/9, Altman Z 2.3. DCF fair value of $65 implies 32% downside based on model assumptions.

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

The fundamental economics of Akamai Technologies reveal a capital allocation challenge, evidenced by an ROIC-WACC spread of -3.4%, indicating that the firm is currently destroying value relative to its cost of equity. Despite a DuPont-decomposed Return on Equity of 9.1% driven primarily by leverage (Equity Multiplier of 2.31x) rather than operational efficiency, as asset turnover sits at only 0.37x, quality metrics present a mixed signal. While the Beneish M-Score of -2.83 suggests low earnings manipulation risk and the Piotroski F-Score of 5/9 indicates moderate financial strength, the Altman Z-Score of 2.5 places the company in the grey zone for potential distress. This structural inefficiency is further highlighted by a Profitability Factor (RMW) alpha of -0.543, signaling that recent profitability trends have underperformed relative to its sector peers despite maintaining healthy gross margins near 59%.

Valuation metrics suggest significant downside pressure when compared against intrinsic value models and historical benchmarks. Trading at a P/E multiple of 38.4x, the stock appears cheaper than the broader technology sector average of 56.8x; however, this relative discount is not supported by growth expectations or cash flow generation. A DCF analysis implies a fair value of $54, translating to an estimated -52.6% downside from current levels based on an assumed ten-year free cash flow growth rate of just 7.7%. This divergence suggests the market may be pricing in higher growth trajectories than what discounted cash flow models currently support, creating a valuation gap that warrants scrutiny before assuming undervaluation.

Risk factors and factor-based performance data introduce additional complexity to the investment thesis. Although the stock exhibits strong momentum characteristics with an annual Fama-French Alpha of 6.19%, this outperformance is partially offset by a Value Factor (HML) alpha of -0.622, confirming its classification as a pure growth tilt with limited value protection. Compounding these fundamental headwinds, insider activity over the last ninety days shows net selling totaling $12,394,373, which often signals management caution regarding near-term prospects or liquidity needs. The convergence of negative capital returns, weak profitability factor scores, and notable insider distribution presents a cautious risk-reward profile that investors must weigh against its defensive gross margins.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

DCF Sandbox

Interactive
Market Price
$160.32
Fair Value
$66
Implied Upside
-58.6%
$66IMPLIED FAIR VALUEOVERVALUEDOVERUNDER
Growth Rate (Y1–5)-3%
-10%20%50%
Discount Rate (WACC)7.5%
5%12.5%20%

5-year two-stage DCF. Terminal growth 3%. Default sliders match the pre-computed base case. Drag to explore scenarios. Not investment advice.

Reverse DCFMarket-Implied
4.0%annual FCF growth priced in at $160.32

The growth rate the market implicitly expects over the next 10 years to justify today's price. Compare with historical growth of 5% YoY revenue.

Sensitivity Matrix

TG ↓ / WACC →6%7.5%9.5%
2%$79$52$33
3%$107$65$39
4%$163$85$47

Center = base case. Green = >10% upside, Red = >10% downside vs $160.32.

Pre-computed DCF: WACC=7.5%, terminal growth 3%. Fair value $65 (-31.7%). Not investment advice.

Valuation Context

50.5x
AKAM P/E
65.0x
Sector Avg
28.4x
5Y Avg P/E
-22%
vs Sector

Currently trading 5% above its 5-year average P/E of 28.4x.

Price Chart with Moving Averages

Loading chart...
SMA 50 SMA 200

Technical Setup

AI Generated

The current price of Akamai Technologies at $147.23 sits within a context where short-term moving averages appear to be converging with longer-term trends, potentially signaling a period of consolidation or indecision among larger market participants. While specific crossover events are not explicitly detailed in the provided snapshot, the proximity of these indicators often suggests that institutional capital may be pausing accumulation or distribution activities to reassess valuation levels relative to recent performance. This alignment can sometimes precede a directional shift as major players gauge whether current support holds against upward momentum or if resistance will cap further gains near this price point. Volume analysis in such scenarios typically serves as the critical filter for distinguishing between passive holding and active positioning by sophisticated investors. If trading activity remains subdued while prices hover around $147.23, it may indicate that large entities are waiting for a clearer catalyst before committing significant capital either way. Conversely, any sudden spike in volume without an immediate price breakout could imply that institutional sellers or buyers are aggressively repositioning their portfolios based on sector-wide developments rather than stock-specific fundamentals alone. The absence of definitive trend lines in the limited data suggests that larger players might be managing risk exposure carefully, balancing potential upside from technology sector growth against broader market volatility concerns before making decisive moves.

RSI (14)
SMA 50
SMA 200

Quant Health Deep Dive

5/9
Piotroski F-Score
Average — mixed operational signals
2.3
Altman Z-Score
Grey Zone — between 1.8 and 3.0 thresholds. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.
-2.83
Beneish M-Score
Below threshold — no statistical earnings quality concern per Beneish model. Threshold: <-2.22 = below threshold.

Profitability & Value Creation

59.0%
Gross Margin
10.7%
Net Margin
4.8%
ROIC
7.5%
WACC
ROIC − WACC Spread: -2.7%— Negative spread.
+5.4%
Revenue Growth (YoY)
-10.5%
Earnings Growth (YoY)
699.3M
Free Cash Flow

DuPont Analysis — ROE Decomposition

Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.

10.7%
Net Profit Margin
NI ÷ Revenue
×
0.37x
Asset Turnover
Revenue ÷ Assets
×
2.31x
Equity Multiplier
Assets ÷ Equity
=
9.1%
Return on Equity
Balanced ROE composition across margins, turnover, and leverage.

Balance Sheet Health

1.31x
Debt / Equity
2.36x
Current Ratio
20.6x
Interest Coverage
2.4x
Net Debt / EBITDA
4.21%
FCF Yield
1.3B
EBITDA

Insider Activity (Last 90 Days)

Net Insider Flow
-$12M
Net Selling
0
Buy Transactions
17
Sale Transactions
2026-03-16AHOLA AARONSold 3/5 qtrsSale$478,216
2026-03-16JOSEPH PAUL CSold 4/5 qtrsSale$531,256
2026-03-12HOWELL LAURASold 1/5 qtrsOther322 shares
2026-03-12KARON ADAM MSold 3/5 qtrsSale$2M
2026-03-11WILLIAMS ANTHONY PSold 2/5 qtrsSale$2M

Open-market buys vs sells by company insiders. Source: yfinance.

Earnings Surprise History

Q4
✓ Beat
Est: $1.57
Act: $1.70
+8.6%
Q3
✓ Beat
Est: $1.53
Act: $1.73
+13.2%
Q2
✓ Beat
Est: $1.64
Act: $1.86
+13.7%
Q1
✓ Beat
Est: $1.75
Act: $1.84
+5.1%

EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.

Risk Profile

44.2%
Annual Volatility
0.61
Sharpe (1Y)
-23.3%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

Loading drawdown chart...

Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

Loading beta chart...
Rolling Beta Market (β = 1.0)

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this stock's returns.

0.78
Market β
Mkt-RF
+0.570
Size (SMB)
Small-cap tilt
-0.622
Value (HML)
Growth tilt
-0.543
Profit (RMW)
Weak
+1.226
Invest (CMA)
Conservative
Alpha (annual): +6.19%
R²: 30.0%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Fundamentals

20.8
Forward P/E
1.71
PEG Ratio
4.43
Price/Book
6M
Avg Volume
$165.45
52W High
$69.78
52W Low
95%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$1.8B
Tracked Passive Exposure
8
ETFs Holding AKAM
0.05%
Avg Weight in ETFs
$3.9T
Total ETF AUM

When investors buy or sell ETFs like CLOU or ONEV, the fund manager is mechanically forced to buy or sell AKAM shares regardless of Akamai Technologies, Inc.'s individual fundamentals. We estimate $1.8B of passive capital is structurally linked to AKAM through 8 tracked ETFs. Index rebalances and ETF creation/redemption cycles can create noticeable volume spikes unrelated to company news.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in Akamai Technologies, Inc. to visualize passive redemption contagion across ETFs and collateral stocks.

AKAM Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
AKAMEpicenterVOOETFIVVETFSPYETF25402D102UnknownDLRMed Risk90138F102Unknown98980L101Unknown26210C104Unknown
AKAM Price Drop (%)0

If Akamai Technologies, Inc. (AKAM) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies DigitalOcean Holdings, Inc. (25402D102) as the most exposed collateral stock, sharing 1 ETFs with AKAM. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 22 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

AKAM Ownership Dynamics

Passive funds hold 1 in every 6 AKAM shares, reducing daily market volatility.

Ticker
AKAM
Total Shares
145M
ETF Lock-Up
16.3%
Display Mode
Total Float Impact
16.3%Locked Float

Akamai Technologies, Inc. (AKAM) exerts notable gravity on the passive index market, currently representing 6.7% of the CLOU (CLOU) and 0.7% of the ONEV (ONEV). Across 24 tracked ETFs, approximately 24M shares (16.3% of float) are held by passive funds and rarely trade on the open market. This level of passive ownership means index rebalances can create outsized volume events.

Float lock-up computed from 24 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

AKAM Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
AKAM
PRICE
$160.32
FLOOR (POC)
$76.95
STRENGTH
High
$72$77POC 17%$82$8711%$9110%$9611%$1018%$1066%$1106%$115$120$125$130$134$139$144$149$153$158$160.32$163
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for Akamai Technologies, Inc. over the past year sits near $76.95 (17% of 252-day volume). The current price of $160.32 trades 108.3% above this institutional floor — a sign of upside momentum, though a pullback to the POC zone is a common reversion target. The highly concentrated volume profile (17% at POC) indicates strong consensus on fair value — institutional participants have repeatedly transacted near this price.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

AKAM Capital Efficiency

How efficiently does Akamai Technologies, Inc. convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$699M
EBITDA
$1.3B
FCF Conversion
52%
Reinvestment Rate
48%
52% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
4.8%
ROIC − WACC Spread
-2.7%

Akamai Technologies, Inc. converts 52% of its EBITDA into free cash flow, a healthy conversion rate indicating efficient capital management — the business generates substantial cash after reinvestment. However, the ROIC-WACC spread is negative (-2.7%), suggesting reinvested capital is destroying shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-05-1218,977$153.01$2.9M
2026-05-112,100$147.71$310,191
2026-05-082$116.69$233.38
2026-05-061,151$117.94$135,748.94
2026-05-051,480$105.78$156,554.4
2026-05-0131,000$102.98$3.2M
2026-04-3078$99.80$7,784.4
2026-04-291,371$95.43$130,834.53
2026-04-285$95.93$479.65
2026-04-27102$95.25$9,715.5
2026-04-212,454$97.62$239,559.48
2026-04-20869,930$95.89$83.4M
2026-04-172,776$96.81$268,744.56
2026-04-161$90.38$90.38
2026-04-1441,147$94.94$3.9M
2026-04-10114$109.61$12,495.54
2026-04-09365$116.00$42,340
2026-04-0821,531$113.89$2.5M
2026-04-078$114.60$916.8
2026-04-02272$115.75$31,484
2026-03-31677$110.22$74,618.94
2026-03-27221$117.25$25,912.25
2026-03-2514$114.50$1,603
2026-03-248,821$114.43$1.0M
2026-03-232,300$110.48$254,104
2026-03-17128$105.44$13,496.32
2026-03-1622,477$107.67$2.4M
2026-03-04208$102.08$21,232.64
2026-03-0329,397$97.64$2.9M
2026-03-027,154$98.39$703,882.06

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
FSLY0.5070.503Moderate
S0.4880.481Moderate
NET0.4190.481Moderate
OKTA0.4060.395Moderate
TENB0.4050.336Moderate
NDSN0.3830.312Moderate
RDWR0.3800.368Moderate
CRWD0.3710.360Moderate
SNOW0.3550.369Moderate

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare AKAM to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.