Akamai (AKAM) Stock Surges 13% on $600M Robotics Deal and Q2 Earnings Beat

TLDR

• AKAM jumped over 13% in pre-market trading after Q2 2026 earnings beat analyst expectations
• Adjusted EPS came in at $1.59, revenue hit $1.1 billion, up 5% year-over-year
• A new unnamed U.S. tech company signed a $600M, four-year cloud infrastructure deal for robotics development
• Cloud Infrastructure Services revenue jumped 39% year-over-year to $99 million
• Akamai has now signed multi-year CIS contracts worth a combined $2.8 billion in 2026

Akamai Technologies stock jumped more than 13% in pre-market trading on Friday after the company posted Q2 2026 results and announced a landmark AI infrastructure contract worth over $600 million.

Akamai Technologies, Inc., AKAM

The stock was trading at $127.65 in pre-market, up 7.7% at that point, and has now advanced 36% year-to-date. It had been trading well below its 52-week high of $165.45 before the announcement, having previously recovered from a low of $69.78.

Adjusted EPS came in at $1.59, just above the Wall Street consensus of $1.57 to $1.58. Revenue grew 5% year-over-year to $1.1 billion, matching or slightly ahead of analyst forecasts of $1.09 billion.

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