Is Akamai (AKAM) the Best Edge Computing Stock to Buy Right Now?

Akamai Technologies, Inc. (NASDAQ:AKAM) is one of the 10 Best Edge Computing Stocks to Buy Right Now.

On April 23, 2026, Oppenheimer raised the price target on Akamai Technologies, Inc. (NASDAQ:AKAM) to $130 from $115 and maintained an Outperform rating ahead of quarterly results. The firm expects revenue to come in at the high end of guidance, citing checks that show average contract size increasing mid-single digits year-over-year, driven by adoption of Guardicore and Noname security modules along with Cloud Infrastructure offerings.

Meanwhile, Piper Sandler raised its price target on Akamai Technologies, Inc. (NASDAQ:AKAM) to $114 from $97 and kept a Neutral rating, saying it came away incrementally more positive after reviewing the opportunity and narrative, though not enough to turn positive as much of the multiple expansion already reflects expected success.

Is Akamai (AKAM) the Best Edge Computing Stock to Buy Right Now?

Earlier in April, Akamai announced a relationship with Arrow Electronics’ enterprise computing solutions business to expand access to its cloud, security, and application delivery solutions across Arrow’s ecosystem. The collaboration is intended to help bring enterprise-grade offerings to market more quickly and support customers as digital operations continue to expand.

Akamai Technologies, Inc. (NASDAQ:AKAM) provides security, delivery, and cloud computing solutions globally.

While we acknowledge the risk and potential of AKAM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AKAM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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