5h agoInvesting.com Analyst RatingsBULLISH 67Analyst
TD Cowen raises Akamai stock price target on $11.6B Anthropic deal
TD Cowen raises Akamai stock price target on $11.6B Anthropic deal
Archived explainer. For the current picture see today's AKAM page.
Why Is AKAMAI TECHNOLOGIES (AKAM) Stock Up Today?
By the Top Tier Newswire AI Desk · September 25, 2026 at 10:25 AM ET · reviewed against 50 wire stories
AKAMAI TECHNOLOGIES (AKAM) is up +7.52% in the latest session. Our newswire has captured 50 stories on AKAM across 19 sources in the last 36 hours, with AI sentiment reading bullish (avg 65/100).
Public view, delayed 4h. Every headline, price and sentiment read below — and this write-up itself — reaches Pro subscribers live. Public readers see it once it clears the delay.
Why AKAM stock is up today
Akamai Technologies stock surged 7.52% to $118.71 in morning trading after the company announced a $11.6 billion multi-year cloud infrastructure deal with Anthropic. The agreement positions Akamai as a key player in the growing artificial intelligence infrastructure market, triggering a strong market response. Analysts from several firms have raised price targets in the wake of the deal, with UBS increasing its target to $148 from $143 and Piper Sandler suggesting a potential shift in Akamai’s growth trajectory.
What Happened
The stock opened at $133.00, a 20.5% gap above its previous close of $110.41. The session saw a high of $133.00 at 7:00 AM ET and a low of $115.82 at 10:10 AM ET. Traders and analysts alike have highlighted the strategic significance of the Anthropic deal, with RBC Capital noting the “encouraging” momentum in Akamai’s cloud infrastructure services. TD Cowen and Guggenheim also raised price targets, with the latter setting a new $225 target. The deal is expected to significantly expand Akamai’s AI infrastructure capabilities and potentially shift its financial profile from a value asset to a high-growth one.
What The Data Shows
The stock has traded between $70.82 and $165.45 over the past 52 weeks and currently has a market cap of $17.0B. It trades at a P/E ratio of 40.1 with a net margin of 9.5%. The session volume of 9.8 million shares is 2.5 times the 3-month average, indicating strong investor interest. Recent insider transactions include two sales by Joseph Paul C, EVP of Global Sales, totaling $720K. On the retail side, social media chatter has picked up, with seven mentions on X in the past 24 hours and one post on Reddit in the last week.
What To Watch
With the stock still near its 52-week high, investors will be watching for further analyst commentary and whether the deal leads to a broader re-rating of the company. No earnings date is currently scheduled, but coverage breadth is expanding, with 50 stories from 19 sources published in the last 36 hours.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
AKAM by the numbers
Last: $118.71Session: +7.52%7 sessions: +11.13%Coverage: 50 stories / 19 sourcesAI sentiment: 65/100 (bullish)Mkt cap: $17.0BP/E: 40.152w: $70.82 to $165.45
The headlines behind the move
6h agoThe FlyBULLISH 61Analyst
Akamai price target raised to $148 from $143 at UBS
6h agoThe FlyBULLISH 73Product/PR
Video: Akamai surges after large deal with Anthropic
6h agoInvesting.com Analyst RatingsBULLISH 55General
RBC Capital maintains Sector Perform on Akamai stock after Anthropic deal
RBC Capital maintains Sector Perform on Akamai stock after Anthropic deal
7h ago24/7 Wall St.BULLISH 73Product/PR
Akamai Surges 15% on $11.6B Anthropic Cloud Deal; CoreWeave and Cloudflare Tick Up
Anthropic just handed Akamai Technologies (NASDAQ:AKAM) a multibillion-dollar cloud commitment, and Wall Street is repricing the longtime content delivery company as a serious artificial intelligence (AI) infrastructure provider. Akamai stock is up 15% to $127.49 in morning trading, a move that leaves the rest of the cloud group far behind. Sympathy buying is reaching other […]
7h agoThe FlyBULLISH 73Product/PR
Morning Movers: Akamai surges after signing $11.6B cloud deal with Anthropic
7h agoThe FlyBULLISH 63General
Akamai Cloud Infrastructure Services momentum ‘encouraging’, says RBC Capital
7h agoStocktwits NewsBULLISH 73Product/PR
Akamai-Anthropic Deal’s Magnitude Is Impressive, Says Piper Sandler – Sees It Shift From Being A Value Asset To A Hypergrowth One
According to TheFly, Piper Sandler believes that Anthropic’s commitment could drastically alter Akamai’s financial profile, with Cloud Infrastructure Services potentially surpassing Security by late 2028.
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More on AKAM: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier AKAM move explainers: 2026-09-25 · 2026-09-09 · 2026-08-10