Added to YB: 2026-10-01
Pitch date: 2026-09-25
AKAM [neutral]
Akamai Technologies, Inc.
-18.19%
current return
Author Info
No bio for this author
Company Info
Akamai Technologies, Inc. engages in the provision of security, delivery, and cloud computing solutions in the United States and internationally.
Market Cap
$14.6B
Pitch Price
$112.85
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.88
P/E
36.91
EV/Sales
4.47
Sector
IT Services
Category
special_situation
Ticker Wake #5: AKAM — Anthropic’s $11.6B, Seven-Year Cloud Commitment
AKAM (monitor): Akamai announced an approximately $11.6B, seven-year Anthropic commitment for dedicated cloud capacity and support, subject to termination and delivery/service-availability requirements, with up to another $9B possible. Related capex is estimated at $5.5B, including a $1.7B increase in 2026, with no change to 2026 revenue guidance. Open questions include whether the postannouncement gap holds, first-payment timing, capex versus the estimate, the optional $9B, and potential dilution from a warrant covering up to approximately 5% of shares.
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