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Critical asset just had biggest fall on record (Ad)
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What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
NASDAQ:ALKT

Alkami Technology (ALKT) Stock Price, News & Analysis

$24.80
-0.15 (-0.60%)
(As of 03/1/2024 ET)
Today's Range
$23.86
$25.31
50-Day Range
$22.79
$26.45
52-Week Range
$10.93
$26.75
Volume
759,475 shs
Average Volume
316,430 shs
Market Capitalization
$2.36 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
5.2% Upside
$26.10 Price Target
Short Interest
Healthy
2.18% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of Alkami Technology in the last 14 days
Based on 29 Articles This Week
Insider Trading
Selling Shares
$2.96 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.40) to ($0.18) 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.

1.62 out of 5 stars

Computer And Technology Sector

450th out of 596 stocks

Prepackaged Software Industry

154th out of 197 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, and super-regional credit unions and banks. Alkami Technology, Inc. was founded in 2009 and is headquartered in Plano, Texas.

ALKT Stock Price History

ALKT Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Alkami Technology (NASDAQ:ALKT) PT Raised to $30.00
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
What 8 Analyst Ratings Have To Say About Alkami Technology
Q4 2023 Alkami Technology Inc Earnings Call
Recap: Alkami Technology Q4 Earnings
Alkami Announces Fourth Quarter 2023 Financial Results
Alkami Technology Looks a Little Vulnerable Just Ahead of Earnings
Alkami to Present at Citizens JMP Technology Conference
ALKT Mar 2024 22.500 put
ALKT Sep 2024 35.000 call
ALKT Jun 2024 20.000 call
ALKT Sep 2024 20.000 call
Alkami to Announce Fourth Quarter 2023 Financial Results
See More Headlines
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Company Calendar

Last Earnings
11/03/2021
Today
3/03/2024
Next Earnings (Estimated)
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
851
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
+5.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$-58,600,000.00
Pretax Margin
-22.22%

Debt

Sales & Book Value

Annual Sales
$264.83 million
Book Value
$3.65 per share

Miscellaneous

Free Float
59,124,000
Market Cap
$2.36 billion
Optionable
Optionable
Beta
0.41
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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 twelve months. 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 12-month price objectives for Alkami Technology's stock. Their ALKT share price targets range from $20.00 to $31.00. On average, they predict the company's share price to reach $26.10 in the next year. This suggests a possible upside of 5.2% 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 on January 1st, 2024. Since then, ALKT stock has increased by 2.3% and is now trading at $24.80.
View the best growth stocks for 2024 here
.

Are investors shorting Alkami Technology?

Alkami Technology saw a increase in short interest in February. As of February 15th, there was short interest totaling 1,080,000 shares, an increase of 9.6% from the January 31st total of 985,100 shares. Based on an average trading volume of 346,000 shares, the days-to-cover ratio is currently 3.1 days. Approximately 2.2% of the shares of the stock are short sold.
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 Wednesday, May 1st 2024.
View our ALKT earnings forecast
.

How were Alkami Technology's earnings last quarter?

Alkami Technology, Inc. (NASDAQ:ALKT) issued its quarterly earnings results on Wednesday, November, 3rd. The company reported ($0.08) EPS for the quarter, beating analysts' consensus estimates of ($0.09) by $0.01. The company had revenue of $39.76 million for the quarter, compared to analyst estimates of $38.66 million. Alkami Technology had a negative net margin of 23.76% and a negative trailing twelve-month return on equity of 17.01%. The business's revenue for the quarter was up 37.4% on a year-over-year basis.

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?

(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 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 institutional and retail investors. Top institutional investors include Capital International Investors (4.91%), Vanguard Group Inc. (4.78%), Massachusetts Financial Services Co. MA (1.65%), Franklin Resources Inc. (1.43%), Azora Capital LP (1.11%) and The Manufacturers Life Insurance Company (0.90%). 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 3/3/2024 by MarketBeat.com Staff