Akamai Technologies, Inc.

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Investigation Details

Akamai issued a press release on February 20, 2025, reporting its financial results for the fourth quarter and full year 2024. Although Akamai reported better-than-expected revenue and earnings per share (“EPS”), the Company also provided revenue and EPS guidance for the current quarter and full year that fell short of consensus estimates. Following Akamai’s disappointing guidance, analysts variously expressed concerns about the Company’s future and downgraded its stock.

Following this news, Akamai’s stock price fell over 21% on February 21, 2025.