Akamai shares surge after AKAM raises 2026 revenue, profit outlook

Akamai Technologies (AKAM) shares jumped 25.6% to close at $146.59 on May 12, 2026, after the cloud technology company reported first-quarter results in line with Wall Street expectations and raised its full-year guidance. First-quarter revenue rose 5.8% from a year earlier to $1.07 billion. Adjusted earnings were $1.61 per share, matching analyst forecasts. Although second-quarter revenue guidance came in slightly below consensus, investors focused on management’s improved 2026 outlook. Akamai raised its full-year revenue forecast to a midpoint of $4.50 billion and lifted adjusted earnings guidance to $6.78 per share. The stock is up 73% year to date and traded at a new 52-week high of $147.18 following the report.