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Akamai lands $11.6B AI cloud deal but stock dips amid mixed earnings outlook

Market News
25 Sep 2026
Alex Lavoie
View Source
Neutral
Akamai lands $11.6B AI cloud deal but stock dips amid mixed earnings outlook

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. Analysts expect 6.15% revenue growth to $1.12 billion but forecast a 9.14% decline in earnings per share to $1.69. The company plans to invest $5.5 billion in capital expenditures to support this expansion, reflecting a mix of long-term growth potential and short-term financial pressures.

Following Akamai's announcement of its AI partnership and mixed financial outlook, the stock shows a strong rebound on Pluang, trading at USD 126.51 with a 14.58% increase as of Sep 25, 2026 20:12 WIB. Despite heavy selling pressure with 97% of orders being sell orders, the market cap stands at $15.87 billion, indicating significant investor interest. The typical hold time for AKAM on Pluang is 48 days, reflecting moderate trading activity.

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