NASDAQ:ALKT Alkami Technology (ALKT) Stock Forecast, Price & News $15.31 +0.31 (+2.07%) (As of 11:21 AM ET) Add Compare Share Share Today's Range$14.80▼$15.3850-Day Range$11.01▼$15.0052-Week Range$10.70▼$17.71Volume112,490 shsAverage Volume278,452 shsMarket Capitalization$1.42 billionP/E RatioN/ADividend YieldN/APrice Target$17.33 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Alkami Technology MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside15.6% Upside$17.33 Price TargetShort InterestHealthy2.93% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.93Based on 2 Articles This WeekInsider TradingSelling Shares$317,028 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.63) to ($0.38) 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.2.01 out of 5 starsComputer And Technology Sector404th out of 621 stocksPrepackaged Software Industry126th out of 219 stocks 2.4 Analyst's Opinion Consensus RatingAlkami Technology has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.33, Alkami Technology has a forecasted upside of 15.6% from its current price of $15.00.Amount of Analyst CoverageAlkami Technology has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.93% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month 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 3.3 News and Social Media Coverage News SentimentAlkami Technology has a news sentiment score of 0.93. 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 0.54 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Alkami Technology this week, compared to 2 articles on an average week.Search Interest4 people have searched for ALKT on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Alkami Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alkami Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $317,028.00 in 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 Institutions53.52% 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 ($0.63) to ($0.38) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alkami Technology is -22.39, 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 -22.39, 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 4.25. 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 a cloud-based digital banking platform in the United States. The company's platform allows financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of a proprietary, cloud-based, multi-tenant architecture. It offers an end- to- end set of software products, which include Alkami Platform, Retail Banking Solutions, Business Banking Solutions, and The Alkami Difference. It serves community, regional, credit unions, and retail and business banking. Alkami Technology, Inc. was founded in 2009 and is headquartered in Plano, Texas.Read More 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 Stock News HeadlinesMay 31, 2023 | finance.yahoo.comActionable Business Insights via upSWOT Now Standard on the Alkami Digital Banking PlatformMay 18, 2023 | finance.yahoo.comStudy Reveals How the Data & AI Revolution Will Drive Digital Banking GrowthJune 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 11, 2023 | msn.comAlkami Technology Earnings Perspective: Return On Capital EmployedMay 11, 2023 | finance.yahoo.comWall Street Analysts Believe Alkami (ALKT) Could Rally 36.92%: Here's is How to TradeMay 11, 2023 | americanbankingnews.comAlkami Technology, Inc. (NASDAQ:ALKT) Receives Consensus Recommendation of "Moderate Buy" from AnalystsMay 9, 2023 | msn.comJP Morgan Initiates Coverage of Alkami Technology (ALKT) with Overweight RecommendationMay 9, 2023 | finance.yahoo.comMid-size Financial Institutions More Than Double Their Digital Transformation Investment, New Research FindsJune 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 9, 2023 | americanbankingnews.comAlkami Technology (NASDAQ:ALKT) Coverage Initiated at JPMorgan Chase & Co.May 9, 2023 | americanbankingnews.comAlkami Technology (NASDAQ:ALKT) Now Covered by Analysts at JPMorgan Chase & Co.May 7, 2023 | americanbankingnews.comAlkami Technology (NASDAQ:ALKT) Earns Reiterates Rating from 500.comMay 6, 2023 | nasdaq.comCitigroup Maintains Alkami Technology (ALKT) Buy RecommendationMay 6, 2023 | seekingalpha.comAlkami Technology, Inc. (ALKT) Q1 2023 Earnings Call TranscriptMay 5, 2023 | markets.businessinsider.comAlkami Technology (ALKT) Receives a Buy from CitigroupMay 5, 2023 | markets.businessinsider.comAlkami Technology (ALKT) Receives a Buy from StephensMay 4, 2023 | msn.comJMP Securities Reiterates Alkami Technology (ALKT) Market Outperform RecommendationMay 4, 2023 | msn.comStephens & Co. Reiterates Alkami Technology (ALKT) Overweight RecommendationMay 4, 2023 | msn.com5 Analysts Have This to Say About Alkami TechnologyMay 4, 2023 | finance.yahoo.comQ1 2023 Alkami Technology Inc Earnings CallMay 4, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Aviat Networks (AVNW), Alkami Technology (ALKT) and Procore Technologies (PCOR)May 3, 2023 | seekingalpha.comAlkami Technology GAAP EPS of -$0.18 misses by $0.01, revenue of $59.99M beats by $1.28MMay 3, 2023 | msn.comAlkami Technology: Q1 Earnings InsightsMay 3, 2023 | finance.yahoo.comAlkami Announces First Quarter 2023 Financial ResultsMay 1, 2023 | americanbankingnews.comAlkami Technology (ALKT) Set to Announce Quarterly Earnings on WednesdayApril 24, 2023 | finance.yahoo.comAlkami to Announce First Quarter 2023 Financial ResultsApril 23, 2023 | americanbankingnews.comShort Interest in Alkami Technology, Inc. (NASDAQ:ALKT) Rises By 7.5%See More Headlines ALKT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALKT Company Calendar Last Earnings5/03/2023Today5/31/2023Next Earnings (Estimated)8/02/2023Fiscal 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/AEmployees667Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.33 High Stock Price Forecast$22.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+15.6%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.67) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-58,600,000.00 Net Margins-28.32% Pretax Margin-28.48% Return on Equity-20.00% Return on Assets-13.62% Debt Debt-to-Equity Ratio0.29 Current Ratio5.62 Quick Ratio5.62 Sales & Book Value Annual Sales$219.48 million Price / Sales6.35 Cash FlowN/A Price / Cash FlowN/A Book Value$3.53 per share Price / Book4.25Miscellaneous Outstanding Shares92,865,000Free Float57,576,000Market Cap$1.39 billion OptionableNot Optionable Beta0.03 Key ExecutivesMr. Alex P. Shootman (Age 58)CEO & Director Comp: $508.04kMr. Stephen Bohanon (Age 47)Co-Founder, Chief Strategy & Product Officer Comp: $932.25kMr. Gary L. Nelson (Age 66)Founder & Independent Director Comp: $28.5kMr. W. Bryan Hill (Age 56)CFO & Treasurer Comp: $829.47kKristy RamundiChief Accounting OfficerSteve CalkHead of Investor RelationsMr. Douglas A. Linebarger (Age 52)Chief Legal Officer & Sec. Mr. Jeff JohnsonDirector of Bus. Devel.Ms. Allison CerraChief Marketing OfficerMs. Julie Kaye Hoagland (Age 55)Chief HR Officer More ExecutivesKey CompetitorsSapiens InternationalNASDAQ:SPNSZuoraNYSE:ZUOCerenceNASDAQ:CRNCTuyaNYSE:TUYASumo LogicNASDAQ:SUMOView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Sold 10,466 shares on 5/18/2023Ownership: 0.061%New York State Common Retirement FundSold 6,579 shares on 5/18/2023Ownership: 0.020%Rockefeller Capital Management L.P.Bought 14,665 shares on 5/17/2023Ownership: 0.016%Select Equity Group L.P.Sold 14,219 shares on 5/16/2023Ownership: 0.126%Susquehanna International Group LLPBought 15,402 shares on 5/16/2023Ownership: 0.017%View All Insider TransactionsView All Institutional Transactions ALKT Stock - Frequently Asked Questions Should I buy or sell Alkami Technology stock right now? 6 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 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ALKT shares. View ALKT analyst ratings or view top-rated stocks. What is Alkami Technology's stock price forecast for 2023? 6 brokers have issued 1 year price targets for Alkami Technology's stock. Their ALKT share price forecasts range from $14.00 to $22.00. On average, they expect the company's stock price to reach $17.33 in the next year. This suggests a possible upside of 15.6% 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 start of the year. Since then, ALKT shares have increased by 2.8% and is now trading at $15.00. View the best growth stocks for 2023 here. When is Alkami Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our ALKT earnings forecast. How were Alkami Technology's earnings last quarter? Alkami Technology, Inc. (NASDAQ:ALKT) posted its quarterly earnings data on Wednesday, May, 3rd. The company reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.02. The firm had revenue of $60 million for the quarter, compared to analyst estimates of $58.70 million. Alkami Technology had a negative net margin of 28.32% and a negative trailing twelve-month return on equity of 20.00%. What ETF holds Alkami Technology's stock ? SPDR S&P Software & Services ETF holds 85,761 shares of ALKT stock, representing 0.46% of its portfolio. What guidance has Alkami Technology issued on next quarter's earnings? Alkami Technology updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $62.50 million-$63.50 million, compared to the consensus revenue estimate of $62.94 million. When did Alkami Technology IPO? (ALKT) raised $141 million in an IPO on Wednesday, April 14th 2021. The company issued 6,000,000 shares at $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." Who are Alkami Technology's major shareholders? Alkami Technology's stock is owned by a variety of institutional and retail investors. Top institutional investors include Long Path Partners LP (2.83%), BlackRock Inc. (2.53%), Franklin Resources Inc. (1.70%), ArrowMark Colorado Holdings LLC (1.43%), Royce & Associates LP (1.38%) and Azora Capital LP (1.26%). 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 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 $15.00. How much money does Alkami Technology make? Alkami Technology (NASDAQ:ALKT) has a market capitalization of $1.39 billion and generates $219.48 million in revenue each year. The company earns $-58,600,000.00 in net income (profit) each year or ($0.67) on an earnings per share basis. How many employees does Alkami Technology have? The company employs 667 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 6/1/2023 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. 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