S&P 500   3,916.64
DOW   31,861.98
QQQ   305.36
Credit Suisse, UBS shares plunge after takeover announcement
BREAKING: Tiny biotech successfully treats blindness (Ad)
Gunmen kill 9 Chinese at mine in Central African Republic
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
Bank Accounts: Frozen! (Ad)
Niinistö: Sweden security OK if Finland joins NATO first
Nations approve key UN science report on climate change
"Prepare for Five Years of Famine" (Ad)
Scottish independence at crossroads in testy SNP leader race
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
S&P 500   3,916.64
DOW   31,861.98
QQQ   305.36
Credit Suisse, UBS shares plunge after takeover announcement
BREAKING: Tiny biotech successfully treats blindness (Ad)
Gunmen kill 9 Chinese at mine in Central African Republic
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
Bank Accounts: Frozen! (Ad)
Niinistö: Sweden security OK if Finland joins NATO first
Nations approve key UN science report on climate change
"Prepare for Five Years of Famine" (Ad)
Scottish independence at crossroads in testy SNP leader race
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
S&P 500   3,916.64
DOW   31,861.98
QQQ   305.36
Credit Suisse, UBS shares plunge after takeover announcement
BREAKING: Tiny biotech successfully treats blindness (Ad)
Gunmen kill 9 Chinese at mine in Central African Republic
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
Bank Accounts: Frozen! (Ad)
Niinistö: Sweden security OK if Finland joins NATO first
Nations approve key UN science report on climate change
"Prepare for Five Years of Famine" (Ad)
Scottish independence at crossroads in testy SNP leader race
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
S&P 500   3,916.64
DOW   31,861.98
QQQ   305.36
Credit Suisse, UBS shares plunge after takeover announcement
BREAKING: Tiny biotech successfully treats blindness (Ad)
Gunmen kill 9 Chinese at mine in Central African Republic
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
Bank Accounts: Frozen! (Ad)
Niinistö: Sweden security OK if Finland joins NATO first
Nations approve key UN science report on climate change
"Prepare for Five Years of Famine" (Ad)
Scottish independence at crossroads in testy SNP leader race
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
NASDAQ:ALKT

Alkami Technology - ALKT Stock Forecast, Price & News

$12.25
-0.20 (-1.61%)
(As of 03/17/2023 08:53 PM ET)
Add
Compare
Today's Range
$12.18
$12.57
50-Day Range
$12.25
$17.39
52-Week Range
$9.23
$17.71
Volume
940,400 shs
Average Volume
296,729 shs
Market Capitalization
$1.13 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.80

Alkami Technology MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
53.5% Upside
$18.80 Price Target
Short Interest
Healthy
2.22% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.64) to ($0.41) Per Share

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 stars

Computer And Technology Sector

200th out of 608 stocks

Prepackaged Software Industry

70th out of 211 stocks


ALKT stock logo

About Alkami Technology (NASDAQ:ALKT) Stock

Alkami 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.

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 Stock News Headlines

Alkami Technology (NASDAQ:ALKT) Stock Price Down 13.7%
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.
Needham Keeps Their Buy Rating on Alkami Technology (ALKT)
Q4 2022 Alkami Technology Inc Earnings Call
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.
Alkami Announces Fourth Quarter 2022 Financial Results
Alkami Technology's Earnings: A Preview
Alkami to Announce Fourth Quarter 2022 Financial Results
Alkami Podcast Brings Digital Banking Excellence to Light
ALKT Dec 2022 15.000 call
Maria Alvarez Joins Alkami Board of Directors
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
2/23/2023
Today
3/20/2023
Next Earnings (Estimated)
5/04/2023
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
667
Year Founded
N/A

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-58,600,000.00
Pretax Margin
-28.91%

Debt

Sales & Book Value

Annual Sales
$204.27 million
Book Value
$3.65 per share

Miscellaneous

Free Float
55,382,000
Market Cap
$1.13 billion
Optionable
Not Optionable
Beta
0.10

Key Executives

  • Mr. Alex P. Shootman (Age 58)
    CEO & Director
    Comp: $508.04k
  • Mr. Stephen BohanonMr. Stephen Bohanon (Age 47)
    Co-Founder, Chief Strategy & Product Officer
    Comp: $932.25k
  • Mr. Gary L. NelsonMr. Gary L. Nelson (Age 66)
    Founder & Independent Director
    Comp: $28.5k
  • Mr. W. Bryan HillMr. W. Bryan Hill (Age 56)
    CFO & Treasurer
    Comp: $829.47k
  • Kristy Ramundi
    Chief Accounting Officer
  • Steve Calk
    Head of Investor Relations
  • Mr. Douglas A. Linebarger (Age 52)
    Chief Legal Officer & Sec.
  • Mr. Jeff Johnson
    Director of Bus. Devel.
  • Ms. Allison Cerra
    Chief Marketing Officer
  • Ms. Julie Kaye Hoagland (Age 55)
    Chief HR Officer













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