Alkami Technology (NASDAQ:ALKT) Given New $28.00 Price Target at Citizens Jmp

Alkami Technology (NASDAQ:ALKT) had its target price lowered by Citizens Jmp from $40.00 to $28.00 in a research note released on Thursday morning,Benzinga reports. The brokerage currently has a market outperform rating on the stock.

A number of other research analysts have also issued reports on ALKT. Barclays decreased their target price on shares of Alkami Technology from $30.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Friday, October 31st. Zacks Research lowered Alkami Technology from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. JPMorgan Chase & Co. cut their target price on Alkami Technology from $38.00 to $22.00 and set an “overweight” rating for the company in a research report on Wednesday, February 18th. The Goldman Sachs Group decreased their price target on Alkami Technology from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, October 31st. Finally, Needham & Company LLC dropped their price target on Alkami Technology from $32.00 to $22.00 and set a “buy” rating for the company in a research note on Thursday. Five equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Alkami Technology has a consensus rating of “Hold” and a consensus price target of $28.57.

Alkami Technology Price Performance

Alkami Technology stock opened at $15.63 on Thursday. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 1.08. The stock’s 50 day moving average is $20.04 and its 200-day moving average is $21.95. Alkami Technology has a 12 month low of $14.11 and a 12 month high of $31.66. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of -33.98 and a beta of 0.53.

Insider Buying and Selling at Alkami Technology

In related news, insider Douglas A. Linebarger sold 8,179 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $20.34, for a total value of $166,360.86. Following the sale, the insider directly owned 221,751 shares of the company’s stock, valued at $4,510,415.34. This trade represents a 3.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 18.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Alkami Technology

Several hedge funds and other institutional investors have recently made changes to their positions in ALKT. Mutual of America Capital Management LLC acquired a new position in shares of Alkami Technology in the third quarter worth approximately $1,831,000. Chicago Capital LLC bought a new position in Alkami Technology during the 3rd quarter worth approximately $33,665,000. Algebris UK Ltd. bought a new stake in shares of Alkami Technology in the 3rd quarter valued at $12,728,000. Riverbridge Partners LLC boosted its stake in shares of Alkami Technology by 7.2% in the 3rd quarter. Riverbridge Partners LLC now owns 2,250,685 shares of the company’s stock valued at $55,907,000 after purchasing an additional 151,895 shares during the last quarter. Finally, Westfield Capital Management Co. LP increased its position in shares of Alkami Technology by 160.0% during the third quarter. Westfield Capital Management Co. LP now owns 3,095,058 shares of the company’s stock worth $76,881,000 after buying an additional 1,904,474 shares during the period. 54.97% of the stock is owned by institutional investors.

More Alkami Technology News

Here are the key news stories impacting Alkami Technology this week:

• Positive Sentiment: Q4 revenue growth and profitability trends: Revenue rose 34.7% year-over-year to $120.8M and non-GAAP gross margin held at ~63.4%; adjusted EBITDA improved to $19.1M from $10.2M a year ago — evidence of improving operating leverage. PR Newswire: Q4 Results
• Positive Sentiment: Revenue slightly beat the consensus (reported $120.79M vs. ~$120.14M expected), signaling continued top-line traction in client wins and product uptake. MarketBeat: Earnings Recap
• Neutral Sentiment: Earnings materials and call transcripts are available for deeper read — useful for assessing sales cadence, contract wins, and margin levers disclosed on the call. Seeking Alpha: Call Transcript Yahoo: Call Highlights
• Neutral Sentiment: Short-interest posts in the feed show zeros and NaNs (no clear, reliable short-interest signal in the published data), so short activity doesn’t appear to explain today’s move. (Reported short interest entries appear anomalous.)
• Negative Sentiment: EPS miss and wider GAAP loss: Alkami reported ($0.11) EPS vs. consensus ~$0.15 — a meaningful earnings surprise to the downside and a larger GAAP net loss vs. prior year. That drove immediate investor concern about near-term profitability. MarketBeat: EPS Miss
• Negative Sentiment: Downward revenue guidance: Management trimmed FY2026 and Q1 revenue guidance — FY guide of ~$525.5M–$530.5M is below Street consensus (~$544.7M); Q1 guide of ~$124.7M–$125.7M also undershoots consensus. The weaker outlook is a core driver of the share decline. Slide Deck / Press Materials
• Negative Sentiment: Analyst price-target cuts: Barclays lowered its target to $21 (equal-weight) and Citizens JMP cut its target to $28 (still “market outperform”) — these downgrades reduce near-term analyst support despite remaining upside from current levels. Benzinga: Analyst Notes

About Alkami Technology

Alkami Technology, Inc is a provider of cloud-based digital banking and engagement solutions tailored for banks and credit unions. The company’s platform offers a comprehensive suite of online and mobile banking features, including bill payment, peer-to-peer transfers, card management, streamlined account opening and real-time alerts, all designed to enhance the end-user experience and drive customer loyalty.

Built on a multi-tenant, software-as-a-service (SaaS) architecture hosted in the cloud, Alkami’s platform leverages modern APIs and a partner ecosystem to integrate third-party fintech applications and services.