NASDAQ:ALKT Alkami Technology (ALKT) Stock Forecast, Price & News $17.19 -0.67 (-3.75%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$17.01▼$17.7650-Day Range$15.07▼$18.2552-Week Range$10.70▼$18.60Volume174,014 shsAverage Volume249,652 shsMarket Capitalization$1.62 billionP/E RatioN/ADividend YieldN/APrice Target$20.13 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Alkami Technology MarketRank™ ForecastAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside17.1% Upside$20.13 Price TargetShort InterestHealthy1.61% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.16Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.58) to ($0.45) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.44 out of 5 starsComputer And Technology Sector221st out of 596 stocksPrepackaged Software Industry68th out of 200 stocks 3.4 Analyst's Opinion Consensus RatingAlkami Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.13, Alkami Technology has a forecasted upside of 17.1% from its current price of $17.19.Amount of Analyst CoverageAlkami Technology has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.61% of the float of Alkami Technology has been sold short.Short Interest Ratio / Days to CoverAlkami Technology has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alkami Technology has recently decreased by 7.42%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAlkami Technology does not currently pay a dividend.Dividend GrowthAlkami Technology does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALKT. Previous Next 2.9 News and Social Media Coverage News SentimentAlkami Technology has a news sentiment score of 1.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Alkami Technology this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for ALKT on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Alkami Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alkami Technology insiders have not sold or bought any company stock.Percentage Held by Insiders38.00% of the stock of Alkami Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions52.74% of the stock of Alkami Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Alkami Technology are expected to grow in the coming year, from ($0.58) to ($0.45) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alkami Technology is -26.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Alkami Technology is -26.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAlkami Technology has a P/B Ratio of 4.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Alkami Technology (NASDAQ:ALKT) StockAlkami 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, and super-regional credit unions and banks. Alkami Technology, Inc. was founded in 2009 and is headquartered in Plano, Texas.Read More ALKT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALKT Stock News HeadlinesOctober 2, 2023 | americanbankingnews.comAlkami Technology, Inc. (NASDAQ:ALKT) Short Interest Down 7.4% in SeptemberOctober 1, 2023 | americanbankingnews.comAlkami Technology, Inc. (NASDAQ:ALKT) Given Average Rating of "Moderate Buy" by BrokeragesOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.October 1, 2023 | americanbankingnews.comAlkami Technology (NASDAQ:ALKT) Hits New 1-Year High at $18.58September 21, 2023 | finance.yahoo.comAlkami (ALKT) Soars 5.3%: Is Further Upside Left in the Stock?September 20, 2023 | finance.yahoo.comAlkami Named to IDC FinTech Rankings Top 100September 19, 2023 | markets.businessinsider.comCraig-Hallum Keeps Their Buy Rating on Alkami Technology (ALKT)September 19, 2023 | msn.comAlkami Technology (ALKT) Recently Broke Out Above the 20-Day Moving AverageOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.September 17, 2023 | msn.comAlkami Technology: Still No AlchemyAugust 31, 2023 | msn.comAlkami Technology (ALKT) Price Target Increased by 8.24% to 21.11August 31, 2023 | finance.yahoo.comAlkami Partners with Atomic to Offer Direct Deposit Solution for Financial InstitutionsAugust 17, 2023 | finance.yahoo.com‘The AI Gold Rush Is Just Getting Started’: J.P. Morgan Recommends 2 Tech Stocks That Are Poised to Benefit From the AI RevolutionAugust 9, 2023 | finance.yahoo.comAlkami Launches First Engagement Artificial Intelligence (AI) Predictive Model for Financial Services IndustryAugust 5, 2023 | finance.yahoo.comAre Investors Undervaluing Alkami Technology, Inc. (NASDAQ:ALKT) By 39%?August 4, 2023 | markets.businessinsider.comAnalyst Expectations for Alkami Technology's FutureAugust 4, 2023 | msn.comKeybanc Maintains Alkami Technology (ALKT) Overweight RecommendationAugust 3, 2023 | msn.comNeedham Maintains Alkami Technology (ALKT) Buy RecommendationAugust 3, 2023 | finance.yahoo.comAlkami Announces Second Quarter 2023 Financial ResultsAugust 3, 2023 | markets.businessinsider.comJMP Securities Sticks to Its Buy Rating for Alkami Technology (ALKT)August 1, 2023 | markets.businessinsider.comAnalysts Conflicted on These Technology Names: Arista Networks (ANET), ZoomInfo Technologies (ZI) and Alkami Technology (ALKT)July 24, 2023 | finance.yahoo.comAlkami to Announce Second Quarter 2023 Financial ResultsJuly 19, 2023 | finance.yahoo.comWhat Makes Alkami Technology (ALKT) a Strong Momentum Stock: Buy Now?July 19, 2023 | finance.yahoo.comZacks.com featured highlights Carnival, Amylyx Pharmaceuticals and Alkami TechnologyJuly 12, 2023 | msn.comGoldman Sachs Initiates Coverage of Alkami Technology (ALKT) with Buy RecommendationJuly 12, 2023 | investing.comQ2 & Alkami Technology shares gain on Goldman Sachs' positive initiationsJuly 11, 2023 | finance.yahoo.comIC Credit Union Taps Alkami for Tech Stack OverhaulSee 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. Email Address ALKT Company Calendar Last Earnings8/02/2023Today10/04/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:ALKT CUSIPN/A CIK1529274 Webwww.alkami.com Phone877-725-5264FaxN/AEmployees851Year FoundedN/APrice Target and Rating Average Stock Price Forecast$20.13 High Stock Price Forecast$25.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+17.1%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($0.64) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-58,600,000.00 Net Margins-25.43% Pretax Margin-25.61% Return on Equity-19.61% Return on Assets-13.35% Debt Debt-to-Equity Ratio0.29 Current Ratio5.44 Quick Ratio5.44 Sales & Book Value Annual Sales$204.27 million Price / Sales7.93 Cash FlowN/A Price / Cash FlowN/A Book Value$3.65 per share Price / Book4.71Miscellaneous Outstanding Shares94,230,000Free Float58,422,000Market Cap$1.62 billion OptionableNot Optionable Beta0.09 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Alex P. Shootman (Age 58)CEO & Director Comp: $998.3kMr. W. Bryan Hill (Age 56)CFO & Treasurer Comp: $969.27kMr. Stephen Bohanon (Age 47)Chief Strategy & Product Officer Comp: $1.06MKristy RamundiChief Accounting OfficerMr. Deep VarmaChief Technology OfficerSteve CalkHead of Investor RelationsMr. Douglas A. Linebarger (Age 52)Chief Legal Officer & Sec. Ms. Allison CerraChief Marketing OfficerMs. Julie Kaye Hoagland (Age 55)Chief HR Officer Carl CrossChief Revenue OfficerMore ExecutivesKey CompetitorsSapiens InternationalNASDAQ:SPNSSolarWindsNYSE:SWIAvidXchangeNASDAQ:AVDXQ2NYSE:QTWOEverCommerceNASDAQ:EVCMView All CompetitorsInsiders & InstitutionsCalifornia State Teachers Retirement SystemBought 20,382 shares on 8/21/2023Ownership: 0.053%Bullseye Asset Management LLCBought 10,423 shares on 8/15/2023Ownership: 0.038%Alliancebernstein L.P.Bought 1,570 shares on 8/15/2023Ownership: 0.035%Rockefeller Capital Management L.P.Sold 1,164 shares on 8/15/2023Ownership: 0.014%Citadel Advisors LLCBought 8,100 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions ALKT Stock - Frequently Asked Questions Should I buy or sell Alkami Technology stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alkami Technology in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities 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 forecast for 2023? 8 Wall Street analysts have issued 1 year target prices for Alkami Technology's stock. Their ALKT share price forecasts range from $15.00 to $25.00. On average, they predict the company's stock price to reach $20.13 in the next year. This suggests a possible upside of 17.1% 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 2023? Alkami Technology's stock was trading at $14.59 at the beginning of the year. Since then, ALKT stock has increased by 17.8% and is now trading at $17.19. View the best growth stocks for 2023 here. Are investors shorting Alkami Technology? Alkami Technology saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 777,700 shares, a decrease of 7.4% from the August 31st total of 840,000 shares. Based on an average daily volume of 259,000 shares, the short-interest ratio is currently 3.0 days. Approximately 1.6% of the shares of the stock are sold short. View Alkami Technology's Short Interest. When is Alkami Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our ALKT earnings forecast. How were Alkami Technology's earnings last quarter? Alkami Technology, Inc. (NASDAQ:ALKT) released its earnings results on Wednesday, August, 2nd. The company reported ($0.17) EPS for the quarter, beating analysts' consensus estimates of ($0.18) by $0.01. The business had revenue of $65.76 million for the quarter, compared to the consensus estimate of $62.94 million. Alkami Technology had a negative net margin of 25.43% and a negative trailing twelve-month return on equity of 19.61%. What guidance has Alkami Technology issued on next quarter's earnings? Alkami Technology issued an update on its third quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $66.50 million-$67.50 million, compared to the consensus revenue estimate of $66.55 million. When did Alkami Technology IPO? (ALKT) raised $141 million in an initial public offering 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 acted as the underwriters for the IPO and JMP Securities, KeyBanc Capital Markets and Needham & Co. were co-managers. What is Alkami Technology's stock symbol? Alkami Technology trades on the NASDAQ under the ticker symbol "ALKT." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Alkami Technology's stock price today? One share of ALKT stock can currently be purchased for approximately $17.19. How much money does Alkami Technology make? Alkami Technology (NASDAQ:ALKT) has a market capitalization of $1.62 billion and generates $204.27 million in revenue each year. The company earns $-58,600,000.00 in net income (profit) each year or ($0.64) on an earnings per share basis. How many employees does Alkami Technology have? The company employs 851 workers across the globe. How can I contact Alkami Technology? The official website for the company is www.alkami.com. The company can be reached via phone at 877-725-5264 or via email at ir@alkami.com. This page (NASDAQ:ALKT) was last updated on 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Alkami Technology, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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