Akamai Technologies Inc
AKAM: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$413.00 | Hgtvm | Pczpkplk |
Security and Compute Can Lead Akamai to Accelerating Sales Growth as the CDN Becomes Less Impactful
Business Strategy and Outlook
Akamai has done a fantastic job transitioning its business away from the legacy content delivery network, or CDN, upon which the firm was originally built. The CDN business lacks competitive advantages, in our view, and has been in long-term decline, as major media and hyperscale businesses have created their own networks and pushed pricing lower.