$AKAM

Akamai Technologies (AKAM) reports 39% YoY revenue growth in Cloud Infrastructure Services (CIS) to $99M in Q2 2026, driven by AI workloads. The company plans $500M in capex to expand GPU capacity and expects 50% CIS revenue growth for 2026. CoreWeave (CRWV) and Oracle (ORCL) also show strong demand in AI-focused cloud services.

OpenAI launched GPT-5.6 Cyber, an AI system for cybersecurity tasks like vulnerability research and incident response. Access is restricted to select cybersecurity firms and vendors, including Accenture, IBM, and Palo Alto Networks, with no direct consumer access. The model will be integrated into existing security products and services, not offered as a standalone tool.

Akamai Technologies (AKAM) reported quarterly revenue of $1.1b, up 5.4% YoY, beating expectations but missing on operating income. The stock fell 4.9% post-earnings, with mixed short and long-term performance. Analysts debate its valuation, with some suggesting a 30.7% undervaluation due to AI and cloud growth potential, while others caution about premium P/E and risks like CDN softness.

DigitalOcean (DOCN) rose 5% to $137.04 after launching Managed AI Agents. Fastly (FSLY) fell 4% and Akamai (AKAM) dropped 2%, highlighting DigitalOcean's product-driven rally. The agents, based on open-source projects, aim to simplify AI infrastructure deployment. No financial details were disclosed.

Akamai (AKAM) and peers reported Q2 earnings. Akamai's revenue grew 5.4% YoY, beating estimates by 0.6%, but missed on operating income and guidance. Fastly (FSLY) saw 23.3% revenue growth, beating estimates by 5.3%. F5 (FFIV) and Cloudflare (NET) also reported earnings, with Cloudflare up 35.9% YoY. Despite strong results, shares of Akamai, Fastly, and F5 declined since reporting.

Akamai Technologies (AKAM) has risen sharply, up 68.3% over the past year and 43.1% YTD, with a market cap around $17.96B. After fiscal 2026 Q2 results on Aug. 6, shares fell nearly 3% then over 6% as GAAP operating margin dropped to 7.3% from 14.5% and guidance missed. Revenue rose 5.4% to $1.1B. Analysts rate AKAM “Moderate Buy” (22 firms), with HSBC cutting its target to $123 from $171.

Akamai Technologies (AKAM) shares rose nearly 30% in pre-market after the company said it secured a $1.8 billion, seven-year commitment from a frontier model provider for cloud infrastructure. CEO Tom Leighton said the deal is Akamai’s largest and highlighted Nvidia-based integration. Q1 EPS was $1.61 on $1.074B revenue; Q2 guidance EPS $1.45-$1.65 and revenue $1.075B-$1.1B. KeyBanc raised its AKAM price target to $195.

RBC said Akamai Technologies is positioned to benefit from improving cloud services demand. Separately, JPMorgan upgraded Akamai to Neutral from Underweight and raised its price target to $158 from $132, according to the reports cited. The stock was shown around $124.44, down 0.67% on the day.

Akamai Technologies (AKAM) reported Q2 2026 revenue of $1,099.68 million, with net income and EPS from continuing operations down year over year, and it completed a share repurchase under its 2024 buyback program. The company raised 2026 revenue guidance to $4,445 million to $4,530 million and launched AI security offerings including Workforce Protector and an Enterprise AI Usage Risk Report.

Akamai Technologies (AKAM) reported Q2 2026 revenue of $1.1 billion, up 5% year over year, with Cloud Infrastructure Services revenue at $99.3 million (+39%) and Security revenue at $604.4 million (+10%). Non-GAAP EPS was $1.59 (-8%). Full-year 2026 guidance: revenue $4.445B to $4.530B and non-GAAP EPS $6.40 to $7.05. The company paused buybacks to fund a $500M GPU expansion and completed the LayerX acquisition.