The 15-minute chart for Akamai Technologies has exhibited a KDJ Golden Cross and a Bullish Marubozu pattern as of September 2, 2023 at 12:45. This indicates a shift in momentum towards the upside, with a potential for further price increase. The dominance of buyers in the market suggests that bullish momentum is likely to persist.
Akamai Technologies (AKAM) has shown strong bullish momentum in the market, as indicated by a KDJ Golden Cross and a Bullish Marubozu pattern on its 15-minute chart as of September 2, 2023, at 12:45 [Source]. This suggests a potential for further price increase, driven by the dominance of buyers in the market.
Akamai Technologies has been actively expanding its cloud and AI security offerings to meet the evolving needs of enterprise customers. On August 13, 2025, the company announced a partnership with Aptum to deliver cloud migration and transformation services, as well as a collaboration with Aqua Security to bolster AI-powered cloud security [1]. These partnerships aim to align Akamai's platform with rising AI and security demands, which could drive top-line growth and accelerate revenue from Cloud Infrastructure Services (CIS).
However, investors should be cautious about potential margin pressure from increasing capital expenditures to support these new initiatives. The company's narrative projects $4.9 billion in revenue and $765.1 million in earnings by 2028, requiring 6.1% yearly revenue growth and a $340.5 million earnings increase from $424.6 million currently [1].
According to the Fear & Greed Index and technical indicators, the current sentiment is bearish, with a 39 (Fear) index and 3.51% price volatility over the last 30 days. The 5-day prediction for Akamai Technologies is $78.87, suggesting a potential return of 3.13% for investors [2].
In the short term, the stock is expected to reach a high of $79.13 by September 3, 2025, and a low of $71.06 by October 2, 2025 [2]. Over the next five days, the stock is predicted to reach a high of $79.13, which would represent 3.13% growth compared to the current price.
While these partnerships and the current bullish momentum indicate potential growth opportunities, investors should closely monitor Akamai Technologies' financial performance and the impact of increasing capital expenditures on margins.
References:
[1] https://simplywall.st/stocks/us/software/nasdaq-akam/akamai-technologies/news/how-new-cloud-and-ai-security-partnerships-at-akamai-technol
[2] https://coincodex.com/stock/AKAM/price-prediction/
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