Alkami Technology, Inc. (ALKT)
NASDAQ: ALKT · Real-Time Price · USD
40.69
+1.95 (5.03%)
At close: Nov 22, 2024, 4:00 PM
41.76
+1.07 (2.63%)
After-hours: Nov 22, 2024, 7:07 PM EST
Alkami Technology Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Alkami Technology stock have an average target of 38, with a low estimate of 24 and a high estimate of 54. The average target predicts a decrease of -6.61% from the current stock price of 40.69.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 3 | 4 | 4 | 3 | 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 | 11 | 9 | 10 | 10 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $34 → $39 | Hold | Maintains | $34 → $39 | -4.15% | Nov 1, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $41 → $46 | Buy | Maintains | $41 → $46 | +13.05% | Oct 31, 2024 |
| Barclays | Barclays | Hold Maintains $35 → $41 | Hold | Maintains | $35 → $41 | +0.76% | Oct 31, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $38 → $45 | Strong Buy | Maintains | $38 → $45 | +10.59% | Oct 31, 2024 |
| Needham | Needham | Strong Buy Maintains $43 → $54 | Strong Buy | Maintains | $43 → $54 | +32.71% | Oct 31, 2024 |
Financial Forecast
Revenue This Year
340.51M
from 264.83M
Increased by 28.58%
Revenue Next Year
422.62M
from 340.51M
Increased by 24.11%
EPS This Year
0.27
from -0.67
EPS Next Year
0.52
from 0.27
Increased by 93.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 350.7M | 440.6M | 549.1M |
| Avg | 340.5M | 422.6M | 516.3M |
| Low | 326.9M | 394.2M | 474.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.4% | 29.4% | 29.9% |
| Avg | 28.6% | 24.1% | 22.2% |
| Low | 23.4% | 15.8% | 12.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.30 | 0.60 | 1.00 |
| Avg | 0.27 | 0.52 | 0.91 |
| Low | 0.24 | 0.38 | 0.71 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 121.0% | 90.4% |
| Avg | - | 93.6% | 73.9% |
| Low | - | 41.1% | 34.5% |
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.