Akamai dips after lowering full-year guidance but expects substantial growth in 2027, 2028

What happened

Akamai reported third-quarter 2026 adjusted earnings per share of $1.77, above the $1.67 consensus, while revenue rose 6% year over year to $1.12 billion, matching estimates. It lowered its full-year revenue and adjusted earnings guidance, but said revenue growth should accelerate in 2027 and 2028.

Confirmed

Global impact / market context

The lower full-year outlook signals less near-term revenue and profit than Akamai had previously expected, while its current-quarter forecasts also fall below estimates. That can weigh on expectations for near-term sales and earnings, even as the company’s growth forecast offers a possible longer-term offset.

Analyst inference

Akamai’s lower forecasts for the current quarter and reduced full-year revenue guidance could weigh on near-term revenue expectations, while its projected 2027 growth offers a longer-term counterpoint. Investors may compare later results with those targets to assess whether the expected acceleration is materializing.

Analyst inference

What to watch

1. Compare Akamai’s next reported revenue and adjusted earnings with its current-quarter forecasts of $1.15 billion to $1.17 billion and $1.50 to $1.70 per share. Analyst inference
2. Check whether Akamai maintains its newly reduced full-year revenue range of $4.44 billion to $4.47 billion and adjusted earnings range of $6.47 to $6.68 per share. Analyst inference
3. Assess future disclosures on the company’s stated 2027 growth forecast of 17% to 22%, adjusted for foreign exchange, and its expectation of further acceleration in 2028. Confirmed

Evidence

• seekingalpha.com