Akamai (AKAM) Stock Plunges 13.6% on Weak 2026 Forecast

Akamai Technologies (AKAM) shares fell 13.6% on February 20, 2026, after the company issued a weak financial forecast for 2026 that overshadowed better-than-expected fourth-quarter results. Although Q4 revenue of $1.09 billion and adjusted earnings of $1.84 per share beat analyst estimates, the outlook disappointed. Akamai projected full-year 2026 adjusted EPS with a midpoint of $6.70, missing market forecasts. The guidance reflects rising costs, with operating margins falling to 8.7% from 14.5% in the prior year.