Akamai stock holds above $105 after Deloitte Canada deal
Published on 08/26/2026 at 08:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Akamai Technologies (US00971T1016) stock held above $105 after the company announced a strategic alliance with Deloitte Canada on August 25, 2026, while its latest quarter delivered $1.59 in adjusted EPS on $1.10 billion in revenue. The shares also closed at $105.66 on August 24, 2026, giving investors a fresh price reference after the earnings update.
Deloitte Canada brings a new catalyst
The alliance was framed around platform-based resilience against AI-accelerated cyberthreats and extends Akamai's push deeper into security and cloud infrastructure. On August 25, 2026, the company said the collaboration is meant to pair its security stack with Deloitte Canada's consulting and managed-services reach.
That matters because the latest quarter already showed a useful benchmark: revenue rose 5.4 percent year over year to $1.10 billion, and adjusted EPS beat consensus by $0.02. The combination of a fresh partnership and a better-than-expected quarter gives the stock a concrete operating story to trade on.
Guidance still points higher
Akamai's most recent earnings overview shows Q2 2026 results from August 6, 2026, with adjusted EPS at $1.59 versus $1.57 expected and revenue at $1.10 billion versus $1.09 billion expected. The same source also shows FY 2026 EPS guidance of $6.40 to $7.05, above the $6.15 consensus estimate, and revenue guidance of $4.4 billion to $4.5 billion against a $4.5 billion consensus.
For investors, the gap between guidance and consensus is the key number. At the top end, the EPS range implies $0.90 of upside versus the prior estimate, while the revenue range brackets the market view rather than blowing past it.
What the market is pricing
The shares closed at $105.66 on August 24, 2026, and another quote snapshot showed $105.68 intraday on August 25, 2026 with a market cap of $15.19 billion. Year to date, the stock rose from $87.25 at the start of 2026 to $105.10 by late August, a gain of 20.5 percent.
That mix of a $15.19 billion valuation, a 20.5 percent year-to-date rise, and Q2 revenue growth of 5.4 percent gives Akamai a clearer setup than a simple price chart would suggest.
Cloud security remains the core
Akamai's cloud security platform combines web application and API protection, zero trust access, bot management, and content delivery on a distributed edge network. The Deloitte Canada alliance fits that product mix because it is aimed at resilience, threat containment, and large-enterprise security architecture.
Akamai stock at a glance
As of August 25, 2026, Akamai stock traded at $105.68 USD on Nasdaq, with a market cap of $15.19 billion. The next earnings date is estimated for November 5, 2026.
Fact box
Company: Akamai Technologies Inc.
ISIN: US00971T1016
Ticker: AKAM
Exchange: Nasdaq
Sector / Industry: Information Technology / Internet services and infrastructure
Index membership: Nasdaq-100
