Akamai's Future Growth Rate, Earnings Potential Just Increased Substantially -- Market Talk

0856 ET - Akamai Technologies' $11.6 billion multiyear agreement with Anthropic is in addition to the $1.8 billion multiyear deal the companies inked earlier this year, bringing the total commitment from Anthropic to date to $13.4 billion over seven years, according to D.A. Davidson in a research note. The latest agreement also includes an option for Anthropic to expand the commitment by up to an additional $9 billion over the same period, analysts Rudy Kessinger and Benjamin Smith add. They haven't yet updated their estimates for Akamai, saying they need a bit more time to digest the numbers. But they know which way the estimates will move: "In short, future growth & EPS estimates will move substantially higher," they say. Akamai jumps 13% premarket. (connor.hart@wsj.com)

(END) Dow Jones Newswires

September 25, 2026 08:56 ET (12:56 GMT)