Joseph Paul C sold $327K of AKAM

Akamai Technologies (AKAM) secured an $11.6B, 7-year deal with Anthropic, but shares fell 1.3% to $107.55. The contract requires $5.5B in capital expenditure, including $1.7B for memory. Anthropic's warrant involves 2% of Akamai's shares, with an additional 3% contingent on further cloud purchases.

Akamai Technologies announced 2027 earnings guidance of $150M-$300M and a $11.6B (up to $20B) 7-year deal with Anthropic, highlighting AI infrastructure demand. Current earnings are $411M, with analysts projecting $736M by 2029. The deal may impact margins and execution risks.

Akamai Technologies (AKAM) expanded its partnership with Anthropic, securing $11.6b in commitments over seven years, with potential for $20b. Shares trade at $106.93, up 37.07% over one year but down 5.51% over 90 days. Analysts debate whether the stock's value reflects the partnership's potential, with a fair value estimate of $158.87.

Anthropic and Akamai have partnered to optimize AI service delivery. Akamai will invest $5.5 billion to upgrade its data centers, using CPUs to reduce latency and energy consumption. The deal aims to bring AI services closer to users, similar to Akamai's content delivery network model. According to IDC, this could make AI services more efficient and cost-effective.

Akamai (AKAM) announced a $11.6B, 7-year cloud infrastructure deal with Anthropic, its largest order. The agreement is conditional on delivery and service availability. Akamai expects revenue of $150M-$300M from late 2027, growing to $1.7B annually by 2028. GuruFocus values AKAM at $111.06, 1.9% above its current price, with a GF Score of 87/100.

Akamai EVP Mani Sundaram sold 7,022 shares for $882k on September 25, 2026, at $125.62 average price. He holds 14,625 shares directly and 14,625 indirectly. Akamai signed an $11.6B deal with Anthropic, potentially expanding to $20B. Analysts updated price targets, ranging from $135 to $158. The stock trades at $108.99, down 7.9% in a week, with a P/E ratio of 39.93.