Akamai Technologies Expected to Deliver Q1 Top-Line Beat, Oppenheimer Says

MT Newswires Live04-23 23:01

Akamai Technologies (AKAM) is expected to deliver a Q1 top-line beat, with revenue at the high end of guidance, led by average contract size rising by mid-single digits year over year, Oppenheimer said Thursday.

The larger contracts are driven by increased adoption of Guardicore and Noname security modules and cloud infrastructure capabilities. Oppenheimer expects Guardicore uptake to grow at least 25% and Noname 65% in 2026, driving at least 10% growth for the security portfolio.

The agentic web offers a notable opportunity for Akamai. The company's API security is considered "best in class" and gives it an edge in multi-content delivery network environments. Separately, both delivery and compute should benefit from the proliferation of agents, according to the note.

Given underlying business strength, recent price hikes, and a potential second-half agentic AI boost, Akamai can easily achieve the high end of its full-year revenue guide of 8%, and accelerate to 9%-to-10% growth by Q4, the investment firm said.

The company is set to report Q1 results on May 7.

Oppenheimer maintained an outperform rating on Akamai and raised the price target to $130 from $115.

Price: 95.48, Change: -1.63, Percent Change: -1.68

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2629855396?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-23 23:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2629855396","market":"sg","top_or_hot":-1,"title":"Akamai Technologies Expected to Deliver Q1 Top-Line Beat, Oppenheimer Says","media":"MT Newswires Live","content":"<html><body><p> Akamai Technologies (AKAM) is expected to deliver a Q1 top-line beat, with revenue at the high end of guidance, led by average contract size rising by mid-single digits year over year, Oppenheimer said Thursday.</p><p>The larger contracts are driven by increased adoption of Guardicore and Noname security modules and cloud infrastructure capabilities. Oppenheimer expects Guardicore uptake to grow at least 25% and Noname 65% in 2026, driving at least 10% growth for the security portfolio.</p><p>The agentic web offers a notable opportunity for Akamai. The company's API security is considered \"best in class\" and gives it an edge in multi-content delivery network environments. Separately, both delivery and compute should benefit from the proliferation of agents, according to the note.</p><p>Given underlying business strength, recent price hikes, and a potential second-half agentic AI boost, Akamai can easily achieve the high end of its full-year revenue guide of 8%, and accelerate to 9%-to-10% growth by Q4, the investment firm said.</p><p>The company is set to report Q1 results on May 7.</p><p>Oppenheimer maintained an outperform rating on Akamai and raised the price target to $130 from $115.</p><p>Price: 95.48, Change: -1.63, Percent Change: -1.68</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Akamai Technologies Expected to Deliver Q1 Top-Line Beat, Oppenheimer Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAkamai Technologies Expected to Deliver Q1 Top-Line Beat, Oppenheimer Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-04-23 23:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Akamai Technologies (AKAM) is expected to deliver a Q1 top-line beat, with revenue at the high end of guidance, led by average contract size rising by mid-single digits year over year, Oppenheimer said Thursday.</p><p>The larger contracts are driven by increased adoption of Guardicore and Noname security modules and cloud infrastructure capabilities. Oppenheimer expects Guardicore uptake to grow at least 25% and Noname 65% in 2026, driving at least 10% growth for the security portfolio.</p><p>The agentic web offers a notable opportunity for Akamai. The company's API security is considered \"best in class\" and gives it an edge in multi-content delivery network environments. Separately, both delivery and compute should benefit from the proliferation of agents, according to the note.</p><p>Given underlying business strength, recent price hikes, and a potential second-half agentic AI boost, Akamai can easily achieve the high end of its full-year revenue guide of 8%, and accelerate to 9%-to-10% growth by Q4, the investment firm said.</p><p>The company is set to report Q1 results on May 7.</p><p>Oppenheimer maintained an outperform rating on Akamai and raised the price target to $130 from $115.</p><p>Price: 95.48, Change: -1.63, Percent Change: -1.68</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4554","symbol_name":"元宇宙及AR概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2629855396","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2629855396","pubTimestamp":1776956476,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Akamai Technologies  is expected to deliver a Q1 top-line beat, with revenue at the high end of guidance, led by average contract size rising by mid-single digits year over year, Oppenheimer said Thursday.The larger contracts are driven by increased adoption of Guardicore and Noname security modules and cloud infrastructure capabilities. Oppenheimer expects Guardicore uptake to grow at least 25% and Noname 65% in 2026, driving at least 10% growth for the security portfolio.The agentic web offers a notable opportunity for Akamai. The company's API security is considered \"best in class\" and gives it an edge in multi-content delivery network environments. Separately, both delivery and compute should benefit from the proliferation of agents, according to the note.Given underlying business strength, recent price hikes, and a potential second-half agentic AI boost, Akamai can easily achieve the high end of its full-year revenue guide of 8%, and accelerate to 9%-to-10% growth by Q4, the inves","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4554":"元宇宙及AR概念","BK4127":"投资银行业与经纪业","BK4116":"互联网服务与基础架构","BK4608":"AI应用概念股","LU1059921491.USD":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","AKAM":"阿克迈","BK4588":"碎股","BK4585":"ETF&股票定投概念","OPY":"奥本海默控股"},"translate_title":"奥本海默表示，Akamai Technologies预计将实现第一季度营收增长","themeId":"f6f7c9f6a0174df79daf9f1dfd21f836","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OPY":1.5,"AKAM":1.5},"content_text":"Akamai Technologies (AKAM) is expected to deliver a Q1 top-line beat, with revenue at the high end of guidance, led by average contract size rising by mid-single digits year over year, Oppenheimer said Thursday.The larger contracts are driven by increased adoption of Guardicore and Noname security modules and cloud infrastructure capabilities. Oppenheimer expects Guardicore uptake to grow at least 25% and Noname 65% in 2026, driving at least 10% growth for the security portfolio.The agentic web offers a notable opportunity for Akamai. The company's API security is considered \"best in class\" and gives it an edge in multi-content delivery network environments. Separately, both delivery and compute should benefit from the proliferation of agents, according to the note.Given underlying business strength, recent price hikes, and a potential second-half agentic AI boost, Akamai can easily achieve the high end of its full-year revenue guide of 8%, and accelerate to 9%-to-10% growth by Q4, the investment firm said.The company is set to report Q1 results on May 7.Oppenheimer maintained an outperform rating on Akamai and raised the price target to $130 from $115.Price: 95.48, Change: -1.63, Percent Change: -1.68","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2629855396","isCrawlerRequest":true}