Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Shorts are about to end up more in the red,and bigger in trouble early next week, they are high up on the short squeeze hit list.
Akamai Technologies Inc. stock (NASDAQ: AKAM) is up more than 10% in the past month (21 trading days), outperforming the S&P 500 which was up almost 6% over this period. If you look at the change over the last five and ten days, too, the stock has risen 3.2% and 9% respectively, outperforming the broader markets on both occasions. Akamai’s most recent FY ’21 earnings saw revenue rise to $3.46 billion, up from $3.2 billion in FY ’20. Further, a slower rise in operating expenses meant that operating profit widened from $659 million to $783 million over this period. Despite a rise in net interest expense and a higher effective tax rate, net income rose from $557 million to $652 million over this period, with EPS rising from $3.43 to $4.01.
https://www.forbes.com/sites/greatspeculations/2022/03/31/up-more-than-10-in-a-month-akamai-stock-looks-unlikely-to-continue-its-rally/?sh=34af9531437b
Great upsie potential, breaking out.
Strong hints of a great earnings report for AKAM , in the sweet spot of many sectors, growth has and will continue to be amazing. The stock is currently breaking out prior to earnings and with customers such as Microsoft , a bright future is ahead.
Company Description
Akamai Technologies , Inc. engages in the provision of cloud services for delivering, optimizing and securing content and business applications over the Internet. Its products offers web and mobile performance solutions, cloud security solutions, enterprise solutions, network operator solutions, media delivery solutions and services and support solutions. It also engages in content delivery network, or CDN, services to make the Internet fast, reliable and secure.
https://investorshub.advfn.com/uimage/uploads/2019/4/30/zjccoakam-4-30-19.gif
Akamai Dips After Downgrade, Watch This Trade Level
Akamai Technologies Inc (NASDAQ:AKAM) is a leader in providing services that improve the delivery of content and applications over the internet. Today, the stock is declining by 4.0 percent to $56.64 a share. The fall comes after a downgrade was issued in the stock. Traders and investors should note that the market is still in a very volatile environment causing stocks to really overreact to any news. Either way, AKAM stock should have excellent daily chart support around the $50.00 area should it decline further. This level is where the stock was defended in October 2017 after forming a bearish pattern. I would likely be a buyer of the stock around this important support area when tested. Please note, AKAM is scheduled to report earnings on February 5th after the closing bell.
Nicholas Santiago
InTheMoneyStocks
Akamai Continues To Tumble, Know This Trade Level
Last week, leading content delivery network (CDN) provider Akamai Technologies Inc (NASDAQ:AKAM) sold off after reporting earnings. The stock peaked out in February at around $71.00 a share. Today, AKAM stock is trading at $51.25 a share. So is this stock now a value play? Not so fast, AKAM stock should still have a bit more downside pressure before it flushes out all of the sellers.
Traders and investors should now watch the $48.00 area for a significant low in the stock. This is an area where the stock actually broke out in February 2016. This should be a level where the institutions will likely step in and support the stock. Here's the trade, buy AKAM at $48.00 with a weekly chart stop loss below $45.00. The upside in this stock is for a move back to $55.00 and possibly higher.
Nicholas Santiago
InTheMoneyStocks
Earning surprise rumors for next week..Going very long today
$69 time to short again $2 rally in 20-minutes.
$AKAM is not a POS, just after 11-days of gains and a huge push today even more into overbought territory it's prime for a nice 5%-10% pullback here @ $68.34 IMO.
made $ on the upside....11 amazing days of gains on the charts...happy with my $68 short now.
Akamai is amazing-- win win
$68 I meant
Looks like this could roll down a little here for a short side scalp
Looks like it's a tad overextended..........contemplating pulling the trigger on a handful of weekly puts....the big question is do I go with jun 27 $60.00 put @ .62........ Or the July 3 $60.00 put @ .85.......
Pics: Akamai, Orange Telecom & NanoTech Streaming 4K @ The NABShow
Akamai & Orange use The Nuvola Player to Stream 4K as LOW AS 9.5Mbps
See the NanoTech (NTEK) Nuvola Player below the 4K Panasonic TV!!
"Home users on the Orange Network can receive streamed UHD content"
AKAM
Nice Akamai news today!! NABShow will ROCK this YEAR!!
http://ih.advfn.com/p.php?pid=nmona&article=61709636&symbol=AKAM
AKAM
Another GREAT DAY here!! BTW, Akamai is claimed to
be using the tech at the NAB Trade Show:
http://ih.advfn.com/p.php?pid=nmona&article=61517131
AKAM
Yup good luck to u and thanks for the info I'll check it out
Yeah, when a company with a $10B Market Cap is using your
technology (& the stock is priced at $0.08) it does make ONE
sit up & take note!!!
I am glad the short slime ball got it handed to him!!!
I've always looked into & read Akamai's "State of the Internet"
REPORT & used them as my GO-TO internet authority & source of
quality information. I just never thought to check out the company
more closely until just after seeing that news.
All the BEST. Thanks for the kind update.
AKAM
Ah makes sense. Well I can tell you that Akamai is no joke, and could bring credibility to your penny stock company.
Raj is just an unskilled, POS predator, hedge fund slimeball that bought and sold AKAM several times on insider info. It's been well documented on American Greed. It seemed to give the company some visibility that actually made for sweet gains for us traders who use our brains and play fair. Winning!
Sorry, I have not been following the story of Akamai closely
so I am unfamiliar with Raj & his influence on Akamai. The
company is performing VERY WELL in the pps department; that I
can see CLEARLY!!!
Congratulation on the ride!!! Looks great! I became interested
here because AKAM just reported using the product of an $0.08
penny stock I own: (& I wanted to learn more about them)
http://www.businesswire.com/news/home/20140319006447/en/NanoTech%E2%80%99s-Nuvola-NP-1-4K-Streaming-Media-Player#.UypH-6hdUS4
AKAM
True observation about most blue chip traders. AKAM has paid out handsomely, thank that scumbag Raj for inadvertently thrusting a great company into the spotlight where it has flourished ever since!
Clearly MOST Blue Chip stocks & investors have little interest
in acquiring their ticker "intelligence" from the likes of these
boards: Wonder why that is? Very quiet here on AKAM while the
stock has been on a YEAR PLUS long TEAR!!!
AKAM
Wow! This stock has been GAPPING ALL OVER the place!!
Time to dig into it by the looks of things!!
AKAM
AKAM, goddamn!!!$$$!!!
Insightful discussion @ Wells Fargo Securities Tech, Media & Telecom Conference
cc transcript
http://www.earningsimpact.com/Transcript/84487/AKAM/Akamai-Technologies%2c-Inc----Wells-Fargo-Securities-Tech%2c-Media-and-Telecom-Conference
AKAM: Q1 Adj EPS 51c vs 41c Beats 46c Est
Thursday , April 25, 2013 06:30ET
QUARTER RESULTS
Akamai Technologies Incorporated (AKAM) reported Q1 results ended March 2013. Q1 Revenues were $368.00M; +15.20% vs yr-ago; BEATING revenue consensus by +2.89%. Q1 EPS was 39c. Adjusted Q1 EPS was 51c; +24.39% vs yr-ago; BEATING earnings consensus by +10.87%.
Q1 RESULTS Reported Year-Ago Y/Y Chg Estimate SURPRISE
---------- ------------ ------------ ---------- ------------ ----------
Revenues: $368.00M $319.45M +15.20% $357.65M +2.89%
---------- ------------ ------------ ---------- ------------ ----------
EPS: 39c N/A N/A N/A N/A
Adj EPS: 51c 41c +24.39% 46c +10.87%
---------- ------------ ------------ ---------- ------------ ----------
AKAM: Q4 Adj EPS 54c vs 45c Beats 49c Est
Thursday , February 07, 2013 06:30ET
QUARTER RESULTS
Akamai Technologies Incorporated (AKAM) reported Q4 results ended December 2012. Q4 Revenues were $377.87M; +16.72% vs yr-ago; MISSING revenue consensus by -0.90%. Q4 EPS was 38c. Adjusted Q4 EPS was 54c; +20.00% vs yr-ago; BEATING earnings consensus by +10.20%.
Q4 RESULTS Reported Year-Ago Y/Y Chg Estimate SURPRISE
---------- ------------ ------------ ---------- ------------ ----------
Revenues: $377.87M $323.74M +16.72% $381.30M -0.90%
---------- ------------ ------------ ---------- ------------ ----------
EPS: 38c N/A N/A N/A N/A
Adj EPS: 54c 45c +20.00% 49c +10.20%
---------- ------------ ------------ ---------- ------------ ----------
FY RESULTS Reported Year-Ago Y/Y Chg Estimate SURPRISE
---------- ------------ ------------ ---------- ------------ ----------
Revenues: $1,373.95M $1,158.54M +18.59% $1,377.48M -0.26%
---------- ------------ ------------ ---------- ------------ ----------
EPS: $1.12 N/A N/A N/A N/A
Adj EPS: $1.81 $1.52 +19.08% $1.77 +2.26%
---------- ------------ ------------ ---------- ------------ ----------
Akamai Reports Fourth Quarter 2012 And Full-Year 2012 Financial Results
http://www.knobias.com/story.htm?eid=3.1.bfd4e55c658a6967aef29ad35998cf6ad0c21f8b3a311e7c96480a2910763f59