Professional
Added to YB: 2024-05-30
Pitch date: 2024-05-15
AKAM [bullish]
Akamai Technologies, Inc.
-10.16%
current return
Author Info
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Company Info
Akamai Technologies, Inc. engages in the provision of security, delivery, and cloud computing solutions in the United States and internationally.
Market Cap
$12.6B
Pitch Price
$95.59
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.31
P/E
25.67
EV/Sales
3.88
Sector
IT Services
Category
growth
Show full summary:
Parnassus Growth Equity Fund New Position: Akamai Technologies, Inc.
AKAM: Q4 beat on EPS but missed rev. Initiated position on long-term growth potential in security & cloud. Leading CDN & web app security vendor to benefit from cybersecurity & edge computing growth. Attractive valuation given edge network's role in AI inference market.
Read full article (1 min)