Akamai beats neo-clouds on profitability, Anthropic deal and buybacks, argues investor

pdamodaran · x · 2026-09-26

An investor argues Akamai (AKAM) should trade at far higher multiples than most neo-clouds: it's profitable, has a proven Anthropic deal, a unique moat, better financing structure, and 144m shares outstanding after a decade of buybacks.

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