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T   14.79 (+0.07%)
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NASDAQ:ALKT

Alkami Technology (ALKT) Stock Forecast, Price & News

$17.19
-0.67 (-3.75%)
(As of 10/3/2023 ET)
Compare
Today's Range
$17.01
$17.76
50-Day Range
$15.07
$18.25
52-Week Range
$10.70
$18.60
Volume
174,014 shs
Average Volume
249,652 shs
Market Capitalization
$1.62 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.13

Alkami Technology MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
17.1% Upside
$20.13 Price Target
Short Interest
Healthy
1.61% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.16mentions of Alkami Technology in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.58) to ($0.45) Per Share

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 stars

Computer And Technology Sector

221st out of 596 stocks

Prepackaged Software Industry

68th out of 200 stocks


ALKT stock logo

About Alkami Technology (NASDAQ:ALKT) Stock

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 Price History

ALKT Stock News Headlines

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.
Alkami Technology (NASDAQ:ALKT) Hits New 1-Year High at $18.58
Alkami Named to IDC FinTech Rankings Top 100
Craig-Hallum Keeps Their Buy Rating on Alkami Technology (ALKT)
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.
Alkami Technology: Still No Alchemy
Analyst Expectations for Alkami Technology's Future
Alkami Announces Second Quarter 2023 Financial Results
JMP Securities Sticks to Its Buy Rating for Alkami Technology (ALKT)
IC Credit Union Taps Alkami for Tech Stack Overhaul
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.

ALKT Company Calendar

Last Earnings
8/02/2023
Today
10/04/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023

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 Forecast
$20.13
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+17.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$-58,600,000.00
Pretax Margin
-25.61%

Debt

Sales & Book Value

Annual Sales
$204.27 million
Book Value
$3.65 per share

Miscellaneous

Free Float
58,422,000
Market Cap
$1.62 billion
Optionable
Not Optionable
Beta
0.09
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Key Executives

  • Mr. Alex P. Shootman (Age 58)
    CEO & Director
    Comp: $998.3k
  • Mr. W. Bryan HillMr. W. Bryan Hill (Age 56)
    CFO & Treasurer
    Comp: $969.27k
  • Mr. Stephen BohanonMr. Stephen Bohanon (Age 47)
    Chief Strategy & Product Officer
    Comp: $1.06M
  • Kristy Ramundi
    Chief Accounting Officer
  • Mr. Deep Varma
    Chief Technology Officer
  • Steve Calk
    Head of Investor Relations
  • Mr. Douglas A. Linebarger (Age 52)
    Chief Legal Officer & Sec.
  • Ms. Allison Cerra
    Chief Marketing Officer
  • Ms. Julie Kaye Hoagland (Age 55)
    Chief HR Officer
  • Carl Cross
    Chief Revenue Officer













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

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