What Are Wall Street Analysts' Target Price for Akamai Technologies Stock?

Cambridge, Massachusetts-based Akamai Technologies, Inc. (AKAM) engages in the provision of security, delivery, and cloud computing solutions in the United States and internationally. With a market cap. of $13.6 billion, it offers security solutions that include web application and application programming interface (API) protection.

Shares of Akamai Technologies have lagged behind the broader market over the past 52 weeks. AKAM stock has declined 6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 14.3%. However, shares of the company are up 9.2% on a YTD basis, compared to SPX's 1.3% gain.