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CAMBRIDGE, Mass. - Akamai Technologies (NASDAQ:AKAM), a $10.8 billion technology company currently trading below its InvestingPro Fair Value, introduced a new Managed Service for API Performance on Wednesday, designed to help businesses maintain API speed, reliability and compliance in complex digital environments. The company, which has maintained steady profitability with a 3.98% revenue growth over the last twelve months, continues to expand its service offerings.
The service, which leverages the APIContext platform, combines continuous testing, expert analysis and customized optimization for APIs across multicloud or hybrid deployments. It provides 24/7 monitoring with incident response, tailored action plans and expert guidance to identify performance issues. This strategic initiative aligns with the company’s strong financial position, reflected in its healthy current ratio of 2.31 and robust operational efficiency.
"APIs are now the heartbeat of business. Keeping them fast, resilient, and standards-aligned is a competitive advantage," said Patrick Sullivan, CTO of Security Strategy at Akamai, according to the company’s press release.
The service includes comprehensive performance monitoring that identifies geographic and network anomalies while validating APIs against OpenAPI specifications and regulatory benchmarks. It also offers visibility across cloud infrastructures, establishes performance baselines, and provides audit-ready evidence for compliance requirements.
Akamai’s offering is designed to meet regulatory frameworks including DORA, NIS2, MAS TRM, and SEC SCI, addressing requirements for financial and critical infrastructure sectors.
"With resilience requirements becoming more prominent, uptime is now a business imperative," said Mayur Upadhyaya, CEO of APIContext, the offering launch partner, in the announcement.
The new service expands Akamai’s existing API security capabilities to include proactive performance optimization, allowing organizations to delegate continuous API tuning to the company’s specialists.
In other recent news, Akamai Technologies reported strong second-quarter 2025 financial results, exceeding analysts’ expectations. The company achieved earnings per share of $1.73, surpassing the forecasted $1.55, and reported revenue of $1.043 billion, which was higher than the anticipated $1.02 billion. DA Davidson reiterated its Buy rating on Akamai, citing a strong performance in the Delivery segment and slightly better-than-expected results in Security. TD Cowen raised its price target for Akamai to $98.00, maintaining a Hold rating, following the company’s upbeat results and positive guidance for the third quarter. Meanwhile, Piper Sandler lowered its price target to $83.00 due to free cash flow concerns but kept a Neutral rating. Raymond James also adjusted its price target to $84.00 from $110.00, while maintaining an Outperform rating, highlighting the rebound in Akamai’s delivery business. These developments reflect a mix of optimism and caution among analysts regarding Akamai’s future performance.
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