NASDAQ:ALKT Alkami Technology - ALKT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $12.25 -0.20 (-1.61%) (As of 03/17/2023 08:53 PM ET) Add Compare Share Share Today's Range$12.18▼$12.5750-Day Range$12.25▼$17.3952-Week Range$9.23▼$17.71Volume940,400 shsAverage Volume296,729 shsMarket Capitalization$1.13 billionP/E RatioN/ADividend YieldN/APrice Target$18.80 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Alkami Technology MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside53.5% Upside$18.80 Price TargetShort InterestHealthy2.22% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.64) to ($0.41) 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.2.41 out of 5 starsComputer And Technology Sector200th out of 608 stocksPrepackaged Software Industry70th out of 211 stocks 3.4 Analyst's Opinion Consensus RatingAlkami Technology has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.80, Alkami Technology has a forecasted upside of 53.5% from its current price of $12.25.Amount of Analyst CoverageAlkami Technology has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.22% 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 3.5, 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 7.22%, 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 2.7 News and Social Media Coverage News SentimentAlkami Technology has a news sentiment score of 0.90. 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 0.36 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Alkami Technology this week, compared to 1 article on an average week.Search Interest5 people have searched for ALKT on MarketBeat in the last 30 days. MarketBeat FollowsOnly 4 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 Insiders40.00% 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 ($0.64) to ($0.41) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alkami Technology is -19.14, 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 -19.14, 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 3.36. 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 HeadlinesMarch 15, 2023 | americanbankingnews.comAlkami Technology (NASDAQ:ALKT) Stock Price Down 13.7%March 8, 2023 | finance.yahoo.comKennebec Savings Bank Launches Alkami's Digital Banking PlatformMarch 20, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.February 26, 2023 | seekingalpha.comAlkami Technology, Inc. (ALKT) Q4 2022 Earnings Call TranscriptFebruary 24, 2023 | msn.comCitigroup Maintains Buy Rating for Alkami Technology: Here's What You Need To KnowFebruary 24, 2023 | finanznachrichten.deAlkami Technology, Inc.: Alkami Announces Fourth Quarter 2022 Financial ResultsFebruary 24, 2023 | markets.businessinsider.comNeedham Keeps Their Buy Rating on Alkami Technology (ALKT)February 24, 2023 | finance.yahoo.comQ4 2022 Alkami Technology Inc Earnings CallMarch 20, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.February 23, 2023 | finance.yahoo.comAlkami Announces Fourth Quarter 2022 Financial ResultsFebruary 23, 2023 | finance.yahoo.comAlkami Technology (ALKT) Reports Q4 Loss, Tops Revenue EstimatesFebruary 22, 2023 | msn.comAlkami Technology's Earnings: A PreviewFebruary 13, 2023 | finance.yahoo.comAlkami to Announce Fourth Quarter 2022 Financial ResultsFebruary 9, 2023 | finance.yahoo.comAlkami Co:lab 2023 Levels Up Digital Banking with Industry Experts and Insights into the Future of FintechFebruary 2, 2023 | finance.yahoo.comAlkami Podcast Brings Digital Banking Excellence to LightJanuary 25, 2023 | finance.yahoo.comNew Alkami eBook Reveals How FIs Can Transform Digital Banking into a Profit CenterJanuary 18, 2023 | finance.yahoo.comHas Alkami Technology (ALKT) Outpaced Other Computer and Technology Stocks This Year?January 18, 2023 | finance.yahoo.comAMOCO Federal Credit Union Names Alkami as Partner of the YearDecember 29, 2022 | seekingalpha.comAlkami Technology: Growing Alongside The Massive Banking IndustryDecember 27, 2022 | seekingalpha.comAlkami Technology Grows Revenue But Operating Losses MountDecember 17, 2022 | finance.yahoo.comALKT Dec 2022 15.000 callDecember 14, 2022 | finance.yahoo.comAlkami's Segmint Featured in Prominent Industry Martech LineupNovember 24, 2022 | msn.comLooking Into Alkami Technology's Return On Invested CapitalNovember 22, 2022 | finance.yahoo.comMaria Alvarez Joins Alkami Board of DirectorsNovember 17, 2022 | benzinga.comAlkami Technology Chief Legal Officer Trades Company's StockNovember 15, 2022 | finance.yahoo.comFINBOA and Alkami Partner to Provide Process Automation for Regulatory ComplianceNovember 9, 2022 | finance.yahoo.comAlkami Technology Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS LagsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings2/23/2023Today3/20/2023Next Earnings (Estimated)5/04/2023Fiscal 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$18.80 High Stock Price Forecast$22.00 Low Stock Price Forecast$16.00 Forecasted Upside/Downside+53.5%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 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-28.69% Pretax Margin-28.91% Return on Equity-19.59% Return on Assets-13.84% Debt Debt-to-Equity Ratio0.29 Current Ratio5.82 Quick Ratio5.82 Sales & Book Value Annual Sales$204.27 million Price / Sales5.54 Cash FlowN/A Price / Cash FlowN/A Book Value$3.65 per share Price / Book3.36Miscellaneous Outstanding Shares92,300,000Free Float55,382,000Market Cap$1.13 billion OptionableNot Optionable Beta0.10 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 CompetitorsKingsoft CloudNASDAQ:KCZuoraNYSE:ZUOEnfusionNYSE:ENFNSapiens InternationalNASDAQ:SPNSAvid TechnologyNASDAQ:AVIDView All CompetitorsInsiders & InstitutionsAlliancebernstein L.P.Bought 5,500 shares on 2/16/2023Ownership: 0.036%Morgan StanleyBought 29,738 shares on 2/15/2023Ownership: 0.167%Select Equity Group L.P.Bought 31,650 shares on 2/15/2023Ownership: 0.143%State of Wisconsin Investment BoardBought 8,683 shares on 2/15/2023Ownership: 0.055%MetLife Investment Management LLCSold 5,538 shares on 2/15/2023Ownership: 0.022%View All Insider TransactionsView All Institutional Transactions ALKT Stock - Frequently Asked Questions Should I buy or sell Alkami Technology stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alkami Technology in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street 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? 5 Wall Street analysts have issued twelve-month price targets for Alkami Technology's stock. Their ALKT share price forecasts range from $16.00 to $22.00. On average, they anticipate the company's share price to reach $18.80 in the next twelve months. This suggests a possible upside of 53.5% 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 shares have decreased by 16.0% and is now trading at $12.25. View the best growth stocks for 2023 here. Are investors shorting Alkami Technology? Alkami Technology saw a decrease in short interest in February. As of February 28th, there was short interest totaling 776,200 shares, a decrease of 7.2% from the February 13th total of 836,600 shares. Based on an average daily trading volume, of 223,600 shares, the short-interest ratio is currently 3.5 days. Currently, 2.2% of the shares of the company 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, May 4th 2023. View our ALKT earnings forecast. How were Alkami Technology's earnings last quarter? Alkami Technology, Inc. (NASDAQ:ALKT) issued its quarterly earnings data on Thursday, February, 23rd. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by $0.04. The business had revenue of $55.54 million for the quarter, compared to the consensus estimate of $54.77 million. Alkami Technology had a negative net margin of 28.69% and a negative trailing twelve-month return on equity of 19.59%. What ETFs hold Alkami Technology's stock? ETFs with the largest weight of Alkami Technology (NASDAQ:ALKT) stock in their portfolio include SPDR S&P Software & Services ETF (XSW) and First Trust Small Cap Growth AlphaDEX Fund (FYC). What guidance has Alkami Technology issued on next quarter's earnings? Alkami Technology issued an update on its first quarter 2023 earnings guidance on Thursday, February, 23rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $58.00 million-$59.00 million, compared to the consensus revenue estimate of $58.68 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 $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. 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 many different institutional and retail investors. Top institutional shareholders include Long Path Partners LP (2.61%), Bamco Inc. NY (1.83%), Franklin Resources Inc. (1.76%), Azora Capital LP (1.20%), ArrowMark Colorado Holdings LLC (1.08%) and Geode Capital Management LLC (0.75%). 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 $12.25. How much money does Alkami Technology make? Alkami Technology (NASDAQ:ALKT) has a market capitalization of $1.13 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 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 3/20/2023 by MarketBeat.com Staff 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. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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