Akamai Technologies is evolving from a content delivery network provider to a leader in distributed cloud and AI infrastructure, highlighted by a landmark $11.6 billion deal with Anthropic. Its CIS segment grew 39% year-over-year in Q2 2026, with all GPU capacity sold out, signaling strong future revenue growth expected from fiscal year 2027. Despite current margin and free cash flow pressure due to high capital expenditures (32% of revenue in Q2 2026, expected 40% in FY 2026), long-term profitability is anticipated to improve. The market currently undervalues Akamai's CIS and Security segments and the impact of the Anthropic deal, leading to a Strong Buy rating.
Akamai Technologies shares are trading at USD 113.10 on Pluang, down 0.74% in the past day. As of Sep 28, 2026 21:11 WIB, the stock's market cap stands at $16.38 billion with a 52-week range between $71.97 and $161.14.
Anthropic will spend $11.6 billion over seven years on Akamai’s cloud infrastructure, a deal more than six times larger than a previous $1.8 billion agreement. This is the largest contract in Akamai’s history and reflects growing demand for CPUs in A...
Akamai Technologies has signed an $11.6 billion, seven-year contract with AI company Anthropic to support CPU workloads on its cloud platform. This deal, the largest in Akamai's history, focuses on CPUs rather than the more common GPUs in AI cloud co...
Akamai Technologies surged 15% after signing a $11.6 billion, seven-year cloud infrastructure deal with AI company Anthropic, marking a shift in AI compute providers. The deal focuses on Anthropic's CPU workloads running on Akamai's distributed cloud...
Akamai Technologies secured an $11.6 billion, seven-year cloud services deal with AI firm Anthropic, highlighting strong demand for its infrastructure. Despite this, Akamai's stock dropped 6.78% in one day, though it gained 9.61% over the month. Anal...
