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Opinions Peter Hofstra
Akamai Technologies Inc.AKAMCOMMENTApr 30, 2007
Peter HofstraStock price when the opinion was issued
As of Jun 18, 2026. Market Open.
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He targets $109. At $107-109, take profits. The runway is short. They recently bought Lumens, which builds their market.
Kim BoltonIt is in the right place at the right time with the growth of the cloud and the expansion of the internet. It provides cloud services for securing and delivering computer content and has a module for for cybersecurity in the cloud. He has just trimmed another holding and used some of the proceeds to add Akamai.
(Analysts’ price target is $93.50)Kim BoltonChart's showing lower highs and lows, not what you want to see. Higher rates are going to put pressure on a lot of growth areas of the market. Pure growth plays, especially those with no dividend, are going to suffer. Sell,and move on, perhaps into an industrial play like DE.
