Alkami Technology, Inc. (ALKT)

Market Cap	2.95B
Revenue (ttm)	280.96M
Net Income (ttm)	-57.38M
Shares Out	97.52M
EPS (ttm)	-0.60
PE Ratio	n/a
Forward PE	108.57
Dividend	n/a
Ex-Dividend Date	n/a

Volume	910,716
Open	29.12
Previous Close	29.06
Day's Range	29.06 - 30.48
52-Week Range	14.93 - 30.48
Beta	0.46
Analysts	Buy
Price Target	26.90 (-11.22%)
Earnings Date	Jul 31, 2024

About ALKT

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, super-regional credit unions, and banks. The company was founded in 2009 and is headquartered in Plano, Texas.

• Industry: Software - Application
• Sector: Technology
• IPO Date: Apr 14, 2021
• Employees: 917
• Stock Exchange: NASDAQ
• Ticker Symbol: ALKT

Financial Performance

In 2023, ALKT's revenue was $264.83 million, an increase of 29.65% compared to the previous year's $204.27 million. Losses were -$62.91 million, 7.36% more than in 2022.

Analyst Forecast

According to 10 analysts, the average rating for ALKT stock is "Buy." The 12-month stock price forecast is $26.9, which is a decrease of -11.22% from the latest price.

Price Target

$26.9

(-11.22% downside)

Analyst Consensus: Buy