{
  "id": 18510486,
  "title": "Piper Sandler reiterates Akamai stock rating on CIS acceleration",
  "url": "https://urgent.news/2026/11/06/piper-sandler-reiterates-akamai-stock-rating-on-cis-acceleration",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-06T14:08:55.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/piper-sandler-reiterates-akamai-stock-rating-on-cis-acceleration-93CH-5008421"
  },
  "original_language": "en",
  "account": "Piper Sandler has maintained its Overweight rating and $120.00 price target for Akamai Technologies (AKAM) stock. The company's shares are currently trading at $77.84, which is close to its 52-week low of $71.93, having declined by 16% over the past week. Akamai's third quarter results largely met expectations, with the exception of the magnitude of the CIS (Compute, Infrastructure, and Security) targets miss and a fourth-quarter guidance adjustment due to delays. The firm anticipates investors will adopt a wait-and-see approach to the newly outlined 2027-2028 targets, given Akamai's past performance. Even the lowest end of the revised targets does not demand much from Akamai, considering the visibility the team currently possesses. Piper Sandler predicts that Akamai should begin accelerating CIS and the aggregate business, potentially growing by 20% in 2027 and over 30% in 2028. The company's financial flexibility is supported by a cost of capital below 10%, signed approvals, and approximately 70% of components secured. If Akamai successfully executes on CIS while maintaining stability in other segments, the firm believes the stock is highly compelling at its current valuation. For a comprehensive analysis, investors can access the Pro Research Report on AKAM, accessible exclusively through InvestingPro.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}