Akamai is a technology stalwart. It recorded $2.71 billion of annual revenue last year, growing at 6.89% TTM, and has been consistently profitable much all of its entire operating history.

Its core CDN business has hit a saturation level, with growth of only 1% to 2% seasonally at best.

Its progress in relatively new enterprise Cloud Security segment has been promising. Last Q2 2019, we learned that this segment makes up almost 44% of all Akamai's revenue so far.

Looking at its competitors in the space like Okta or F5, we think Akamai will double up in share price to trade closer to these competitors in next two years.

READ FULL ARTICLE HERE