Analysts expect over 2019 rising revenue Akamai

Tomorrow the American company Akamai will publish its past quarters results. For this year Akamai's revenue will be around 2,85 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2018's revenue of 2,71 billion USD.

Historical revenues and results Akamai plus estimates 2019

financial analysis

The analysts expect for 2019 a net profit of 684 million USD. For this year the consensus of Akamai's result per share is a profit of 4,17 USD. Based on this the price/earnings-ratio is 20,12.

For this year analysts don't expect the company to pay a dividend. The average dividend yield of the internet companies is a limited 0,5 percent.

Recent target prices around 94 USD

D.A. Davidson & Co, Morgan Stanley and JP Morgan recently provided recommendations for the stock.

Akamai's market capitalization is based on the number of outstanding shares around 14,26 billion USD. The Akamai stock was the past 12 months quite unstable. Since last July the stock is 5 percent higher. This year the stock price moved between 57 and 86 dollar.

On Monday the stock closed at 83,92 USD.

Historical stock prices Akamai

financial analysis akamai

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