Akamai trades on much more reasonable multiples than some peers, and growth in inference and security may let the stock work from here. The Anthropic deal is a nice reference win, though the core CDN business will probably keep bleeding share. x.com 

Akamai is an overlooked AI inference play because its 4,400 points of presence already have power contracts while power is the bottleneck. Seen as a legacy CDN, Akamai can quickly install Nvidia workstation-level GPUs across that network, offering low-latency edge compute cheaper than hyperscalers and suited to enterprise agentic workflows. CDN pricing is also rising as Limelight/Edgio, Lumen and Stackpath exit, yet the stock trades at 12.5 times forward EPS amid a compute shortage. x.com  x.com  … Show more

Akamai has catching up to do as an edge-network play on AI agents, with an overlooked AI-agent security angle. AI agents and LLMs constantly fetch data from websites and APIs, which needs fast edge networks; since that call, Akamai is up 20% versus Fastly's 48%. Its CFO recently discussed agentic security and shopping, and said a four-year, $600 million GPU deal with a US robotics-focused company lifts major wins to over $2.8 billion this year. Robots could be the leg to new highs. x.com  x.com  … Show more

Fastly's overall offering falls far short of Cloudflare's, and the market has already rewarded the strongest cybersecurity players. Fastly is a more modern CDN than Akamai and has some cybersecurity exposure. Buying is off the table for now, though if forced to buy one stock, Fastly would probably be the pick. x.com 

Akamai's growing cloud-based SaaS revenue is backed by a massive $2 billion backlog of firm contracts. Recent analyst price targets range from $160 to $185, 40% to 60% above the current price. x.com 

Akamai Technologies looks cheap against its cash earnings, trading at 21x, or 18x next year's, when software companies usually get 30x. At 30x next year's cash earnings, give or take 12%, fair value is $189.26-$240.88, leaving the $110.41 price 42% below the low end, with a pullback zone at $85.59. This is a levels-only read off reported earnings and revenue estimates, with no fundamental work. x.com 

Akamai sits at an overlooked intersection: the infrastructure needed to secure and deliver agentic AI at scale. While everyone focuses on AI models, few are watching this layer, where Akamai brings edge computing, API security and bot protection. x.com 

Akamai has a good catalyst in its expanded partnership with Anthropic. Cloudflare is leading this group and Fastly is also setting up, giving good confluence across stocks that do broadly similar things. x.com 

Amazon is the one company that has consistently deployed risk capital while generating tons of free cash flow over 30 years. Some pain and operational strain follow heavy hiring and weak capital discipline in recent years, which is acceptable. As the biggest cloud provider, with the muscle to build Kuiper one way or another, it would be surprising if the stock stays at this level five years from now. x.com  x.com 

Akamai's 7-year, $11.6B cloud deal with Anthropic turns it from an old CDN into an AI inference cloud for one of the biggest AI labs. The deal, expandable to about $20B, is six times May's $1.8B Anthropic contract, previously its biggest ever. Management sees about a $1.7B annual run rate by end-2028, versus $99M for the whole cloud unit last quarter. Anthropic's warrants for up to 5% of Akamai at $111.33 vest only if it spends more. If a fifth wave is underway, the June highs are back in play. … Show more