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Akamai (AKAM) Beats Q2 Estimates, Scotiabank Maintains Positive Outlook

Fri, Aug 15, 2025, 1:05 PM 1 min read

Akamai Technologies, Inc. (NASDAQ:AKAM) is one of the most undervalued cybersecurity stocks to buy now. On August 8, Scotialbank maintained its Outperform rating on Akamai Technologies, Inc. (NASDAQ:AKAM), citing “tidy” Q2 beat. The company raised its revenue and bottom-line guidance, Scotiabank said to investors in a research note.

Akamai (AKAM) Beats Q2 Estimates, Scotiabank Maintains Positive Outlook

The bank, however, reduced the price target from $105 to $95, as it believes the company must prove to investors that it can deliver by delivering some good reports. Yet, Scotiabank’s new lower price target still represents a 28.2% upside from the current price of $74.1. On August 7,

The company reported Q2 revenue of $1.04 billion, a 7% year-over-year jump. The earnings per share stood at $1.73 per share, beating the Wall Street estimate of $1.55 per share. For the full year 2025, the company anticipates revenue between $4.13 billion and $4.20 billion, a modest 4%- to 5% increase.

During the company’s Q2 earnings call, CEO Tom Leighton highlighted strong enterprise demand for API (Application Programming Interface) security and ransomware protection in the company’s security business. However, Leighton noted that older security products are growing more slowly, which is tempering the company’s cybersecurity segment’s overall pace.

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