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Akamai Tumbles 11% Despite Q4 Beat As 2026 Outlook Disappoints
Akamai Technologies (NASDAQ: AKAM) shares fell by 11% after the company reported better-than-expected Q4 earnings and revenue but issued a disappointing fiscal-year 2026 adjusted earnings per share outlook below analyst estimates. The company’s Q1 adjusted earnings per share guidance also fell short of expectations, overshadowing strong performance in security and cloud infrastructure services. Despite the revised outlook, Akamai maintains a consensus “Outperform” rating from analysts with an average price target of $106.61.