NASDAQ:ALKT

Alkami Technology (ALKT) Stock Price, News & Analysis

$23.83
-0.66 (-2.69%)
(As of 03:58 PM ET)
Today's Range
$23.50
$24.05
50-Day Range
$23.09
$26.37
52-Week Range
$10.93
$26.75
Volume
188,294 shs
Average Volume
306,373 shs
Market Capitalization
$2.32 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$26.10

Alkami Technology MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
10.3% Upside
$26.10 Price Target
Short Interest
Healthy
2.02% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.46mentions of Alkami Technology in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$2.66 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.41) to ($0.15) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.92 out of 5 stars

Computer And Technology Sector

428th out of 586 stocks

Prepackaged Software Industry

147th out of 194 stocks

ALKT stock logo

About Alkami Technology Stock (NASDAQ:ALKT)

Alkami Technology, Inc. offers cloud-based digital banking solutions in the United States. The company's Alkami Platform allows financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of a proprietary, cloud-based, and multi-tenant architecture. It serves community, regional, super-regional credit unions, and banks. The company was founded in 2009 and is headquartered in Plano, Texas.

ALKT Stock Price History

ALKT Stock News Headlines

The Top 5 Analysts Ranked by Marketbeat and Stocks They Cover
Marketbeat's many investor tools include analysts' rankings and sentiment trackers. These tools help investors and traders gauge market sentiment, showing trends and changes, updated revisions, and new reports.
The Top 5 Analysts Ranked by Marketbeat and Stocks They Cover (ALKT)
Analysts rate the stocks, but who rates the analysts? This is a look at five of the highest-rated analysts tracked by Marketbeat.com based on 12-month ROI.
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
Alkami Technology Inc (ALKT)
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
Demystifying Alkami Technology: Insights From 7 Analyst Reviews
Barclays Sticks to Its Hold Rating for Alkami Technology (ALKT)
Alkami Technology Inc CFO W Hill Sells 50,000 Shares
ALKT Apr 2024 35.000 call
See More Headlines
Receive ALKT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Alkami Technology and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/28/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:ALKT
Fax
N/A
Employees
917
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$26.10
High Stock Price Target
$31.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+9.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$-62,910,000.00
Pretax Margin
-23.74%

Debt

Sales & Book Value

Annual Sales
$264.83 million
Book Value
$3.41 per share

Miscellaneous

Free Float
60,456,000
Market Cap
$2.33 billion
Optionable
Optionable
Beta
0.40
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

ALKT Stock Analysis - Frequently Asked Questions

Should I buy or sell Alkami Technology stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alkami Technology in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ALKT shares.
View ALKT analyst ratings
or view top-rated stocks.

What is Alkami Technology's stock price target for 2024?

11 brokerages have issued 1 year target prices for Alkami Technology's stock. Their ALKT share price targets range from $20.00 to $31.00. On average, they anticipate the company's share price to reach $26.10 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price.
View analysts price targets for ALKT
or view top-rated stocks among Wall Street analysts.

How have ALKT shares performed in 2024?

Alkami Technology's stock was trading at $24.25 at the beginning of 2024. Since then, ALKT stock has decreased by 2.4% and is now trading at $23.66.
View the best growth stocks for 2024 here
.

When is Alkami Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our ALKT earnings forecast
.

How can I listen to Alkami Technology's earnings call?

Alkami Technology will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Alkami Technology's earnings last quarter?

Alkami Technology, Inc. (NASDAQ:ALKT) announced its earnings results on Wednesday, February, 28th. The company reported ($0.11) earnings per share for the quarter, meeting the consensus estimate of ($0.11). The company earned $71.37 million during the quarter, compared to analysts' expectations of $71.12 million. Alkami Technology had a negative trailing twelve-month return on equity of 17.00% and a negative net margin of 23.76%.

What ETFs hold Alkami Technology's stock?

ETFs with the largest weight of Alkami Technology (NASDAQ:ALKT) stock in their portfolio include Sovereigns Capital Flourish Fund (SOVF) and Invesco Dorsey Wright Technology Momentum ETF (PTF).SPDR S&P Software & Services ETF (XSW).

What guidance has Alkami Technology issued on next quarter's earnings?

Alkami Technology issued an update on its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $327.0 million-$333.0 million, compared to the consensus revenue estimate of $331.0 million.

When did Alkami Technology IPO?

Alkami Technology (ALKT) raised $141 million in an initial public offering (IPO) on Wednesday, April 14th 2021. The company issued 6,000,000 shares at a price of $22.00-$25.00 per share. Goldman Sachs, J.P.Morgan, Barclays, Citigroup and William Blair served as the underwriters for the IPO and JMP Securities, KeyBanc Capital Markets and Needham & Co. were co-managers.

Who are Alkami Technology's major shareholders?

Alkami Technology's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wasatch Advisors LP (1.55%), Hodges Capital Management Inc. (0.17%), Arlington Capital Management Inc. (0.07%), Penbrook Management LLC (0.06%), Los Angeles Capital Management LLC (0.05%) and Contravisory Investment Management Inc. (0.01%). Insiders that own company stock include Alex Shootman, Douglas A Linebarger, Gary Lynn Nelson, H Eugene Lockhart, Kristy Ramundi, Michael D Hansen, Michael D Hansen, Stephen Bohanon and W Bryan Hill.
View institutional ownership trends
.

How do I buy shares of Alkami Technology?

Shares of ALKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ALKT) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners