Alkami Technology, Inc. (ALKT)
NASDAQ: ALKT · Real-Time Price · USD
33.17
+0.74 (2.28%)
Oct 8, 2024, 4:00 PM EDT - Market closed
Alkami Technology Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Alkami Technology stock have an average target of 33.89, with a low estimate of 24 and a high estimate of 43. The average target predicts an increase of 2.17% from the current stock price of 33.17.
Analyst Consensus: Buy
* Price targets were last updated on Aug 1, 2024.
Analyst Ratings
The average analyst rating for ALKT stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 3 | 4 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 11 | 9 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $32 → $43 | Strong Buy | Maintains | $32 → $43 | +29.64% | Aug 1, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $35 → $38 | Buy | Maintains | $35 → $38 | +14.56% | Aug 1, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $30 → $36 | Strong Buy | Maintains | $30 → $36 | +8.53% | Aug 1, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $28 → $34 | Hold | Maintains | $28 → $34 | +2.50% | Aug 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $31 → $38 | Strong Buy | Maintains | $31 → $38 | +14.56% | Aug 1, 2024 |
Financial Forecast
Revenue This Year
339.26M
from 264.83M
Increased by 28.10%
Revenue Next Year
420.28M
from 339.26M
Increased by 23.88%
EPS This Year
0.25
from -0.67
EPS Next Year
0.54
from 0.25
Increased by 119.07%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 349.8M | 438.2M | 544.3M |
| Avg | 339.3M | 420.3M | 510.6M |
| Low | 325.4M | 393.3M | 473.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.1% | 29.2% | 29.5% |
| Avg | 28.1% | 23.9% | 21.5% |
| Low | 22.9% | 15.9% | 12.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.28 | 0.64 | 0.96 |
| Avg | 0.25 | 0.54 | 0.91 |
| Low | 0.21 | 0.40 | 0.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 159.7% | 76.9% |
| Avg | - | 119.1% | 67.8% |
| Low | - | 62.9% | 56.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.