Wall Street Bullish on Akamai Technologies (AKAM) Since Q3 2025 Results

​Akamai Technologies, Inc. (NASDAQ:AKAM) is one of the Best Cloud Stocks to Buy Now. On November 17, Param Singh from Oppenheimer initiated Akamai Technologies, Inc. (NASDAQ:AKAM) with a Buy rating and a $100 price target. Earlier on November 13, Michael Elias from TD Cowen had reiterated a Hold rating on the stock, but raised the price target from $98 to $104.

​The positive outlook on the stock follows the fiscal Q3 2025 earnings beat. The company released results for Q3 2025 on November 6, with revenue growing 4.97% year-over-year to $1.05 billion, surpassing estimates by $10.74 million. Moreover, the EPS of $1.86 also topped estimates by $0.22. The revenue growth was attributed to a 10% increase in Security Service revenue and an 8% increase in Cloud Computing revenue. Notably, the Cloud Infrastructure revenue grew 39% year-over-year to $81 million.

​Dr. Tom Leighton, Akamai Technologies, Inc.’s (NASDAQ:AKAM) Chief Executive Officer, highlighted increased interest in the company’s newly launched Akamai Inference Cloud, which is powered by NVIDIA AI infrastructure. Looking ahead, management anticipates Q4 2025 revenue in the range of $1.065 billion to $1.085 billion.

​Akamai Technologies Inc. (NASDAQ:AKAM) operates a global content delivery network (CDN) and provides cybersecurity and edge computing services.

While we acknowledge the potential of AKAM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AKAM and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.