Alkami Technology, Inc. (ALKT)

NASDAQ: ALKT · Real-Time Price · USD
24.95
+0.35 (1.42%)
Apr 15, 2025, 4:00 PM EDT - Market closed
1.42%
Market Cap 2.55B
Revenue (ttm) 333.85M
Net Income (ttm) -40.84M
Shares Out 102.23M
EPS (ttm) -0.41
PE Ratio n/a
Forward PE 60.76
Dividend n/a
Ex-Dividend Date n/a
Volume 1,305,326
Open 24.89
Previous Close 24.60
Day's Range 24.62 - 24.94
52-Week Range 21.70 - 42.29
Beta 0.56
Analysts Buy
Price Target 41.00 (+64.33%)
Earnings Date Apr 30, 2025

About ALKT

Alkami Technology, Inc. provides cloud-based digital banking solutions in the United States. The company’s Alkami Digital Banking 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 based in Plano, Texas. [Read more]

Sector Technology
IPO Date Apr 14, 2021
Employees 938
Stock Exchange NASDAQ
Ticker Symbol ALKT
Full Company Profile

Financial Performance

In 2024, Alkami Technology's revenue was $333.85 million, an increase of 26.06% compared to the previous year's $264.83 million. Losses were -$40.84 million, -35.09% less than in 2023.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ALKT stock is "Buy." The 12-month stock price forecast is $41.0, which is an increase of 64.33% from the latest price.

Price Target
$41.0
(64.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Alkami Recognizes Industry-Leading Financial Institutions for Innovation in Digital Banking Excellence with FIsionaries Awards

Awards honor visionaries shaping the future of banking through progressive digital strategies PLANO, Texas , April 9, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading ...

6 days ago - PRNewsWire

Alkami's Digital Sales & Service Platform to Usher in Era of Anticipatory Banking

The Platform allows financial institutions to land and expand relationships; Alkami gets certified for the second year in a row by J.D. Power     PLANO, Texas , April 2, 2025 /PRNewswire/ -- Alkami Te...

13 days ago - PRNewsWire

Alkami Research Studies Reveal Industry Perceptions on Fraud Prevention and Data Protection

Studies show banks and credit unions need to enhance prevention strategies; consumers want data protection in their digital banking experience PLANO, Texas , March 28, 2025 /PRNewswire/ -- Alkami Tech...

18 days ago - PRNewsWire

Alkami and Greenlight Partner to Bring Youth Banking to Financial Services

The technology empowers kids and teens with innovative money management tools and financial education, while also helping financial institutions grow deposits PLANO, Texas , March 26, 2025 /PRNewswire...

20 days ago - PRNewsWire

Alkami Customers Including Gate City Bank Strengthen Fraud Prevention with BioCatch

The Alkami-BioCatch partnership has prevented millions of dollars in fraudulent transactions in 2024 PLANO, Texas , March 19, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a ...

27 days ago - PRNewsWire

Alkami Announces Pricing of $300 Million Convertible Senior Notes Offering

PLANO, Texas , March 10, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today ...

5 weeks ago - PRNewsWire

Alkami Announces Launch of Proposed $300,000,000 Convertible Senior Notes Offering

PLANO, Texas , March 10, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today ...

5 weeks ago - PRNewsWire

American Eagle Financial Credit Union Enhances Digital Banking with Alkami's Sales & Service Platform

Focused on innovation and member financial wellness, AEFCU will deliver a streamlined and personalized digital experience PLANO, Texas , March 5, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ...

5 weeks ago - PRNewsWire

Alkami Technology, Inc. (ALKT) Q4 2024 Earnings Call Transcript

Alkami Technology, Inc. (NASDAQ:ALKT) Q4 2024 Earnings Conference Call February 27, 2025 5:00 PM ET Company Participants Steve Calk - Vice President, Investor Relations Alex Shootman - Chief Executiv...

6 weeks ago - Seeking Alpha

Alkami Announces Fourth Quarter 2024 Financial Results

Alkami Today Also Announced Its Intent to Acquire MANTL PLANO, Texas , Feb. 27, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions ...

6 weeks ago - PRNewsWire

Alkami to Acquire MANTL to Expand Account Opening Capabilities

Combination Creates Powerhouse Digital Sales and Service Platform PLANO, Texas , Feb. 27, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking ...

6 weeks ago - PRNewsWire

Financial Center First Credit Union Elevates Digital Banking with Alkami; Strengthens Dual-Branded Strategy

Leveraging Alkami's cutting-edge technology, Financial Center First Credit Union enhances its dual-branded strategy and member experience with a scalable digital banking platform PLANO, Texas , Feb. 2...

7 weeks ago - PRNewsWire

Alkami Co:lab 2025 Will Feature Six Dynamic Breakout Tracks

Agenda offers expert-led discussions with over 40 speakers, CTP credits, and actionable strategies  for financial institutions PLANO, Texas , Feb. 20, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nas...

7 weeks ago - PRNewsWire

Alkami to Announce Fourth Quarter 2024 Financial Results

PLANO, Texas , Feb. 17, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today a...

2 months ago - PRNewsWire

3rd Annual Women in Banking Event to be Hosted at Alkami Co:lab 2025

Fostering an inclusive environment for people to engage, network, and grow in the financial services industry PLANO, Texas , Feb. 6, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkam...

2 months ago - PRNewsWire

Banking-as-a-Service (BaaS) Industry Outlook 2025-2030, Featuring Strategic Profiles of 36 Major Companies - Advapay, Alkami Technology, Bankable, Finastra, Mambu & More

Rising Demand for Embedded Finance Solutions Spurs Growth in BaaS Market, Increasing Fintech Collaboration Strengthens Market Expansion Opportunities for BaaS Providers Rising Demand for Embedded Fina...

2 months ago - GlobeNewsWire

Alkami Co:lab 2025 Brings 40+ Speakers from Financial Institutions to be Featured at the Conference

Industry leaders and visionaries to gather for premier digital banking event; highlight is keynote speaker Jason Dorsey and other financial services experts PLANO, Texas , Jan. 29, 2025 /PRNewswire/ -...

2 months ago - PRNewsWire

Alkami Launches First-to-Market Business Banking Digital Maturity Assessment

Helping banks and credit unions assess and advance their business banking digital strategies PLANO, Texas , Jan. 23, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading c...

2 months ago - PRNewsWire

Alkami: The Data Advantage In Addition To AI

Alkami Technology is a FinTech that has rapidly embedded AI into its SaaS product offerings. More important it is benefiting from data management services income as information is a key ingredient for...

3 months ago - Seeking Alpha

Alkami Unveils the Top Five Business Banking Trends Shaping 2025

A webinar will be hosted by Alkami in conjunction with bank and credit union experts to explore innovative business banking solutions and strategies PLANO, Texas , Jan. 16, 2025 /PRNewswire/ -- Alkami...

3 months ago - PRNewsWire

NASA Federal Credit Union Elevates Alkami's Digital Banking Experience with Push Provisioning

Enhancing the member experience with digital card capabilities that empower members to transact with ease and strengthen payment security  PLANO, Texas , Jan. 10, 2025 /PRNewswire/ -- Alkami Technolog...

3 months ago - PRNewsWire

Alkami Expands Behavioral Data Tag Capabilities to Drive Personalized Banking Experiences

Financial institutions can leverage advanced data analytics in banking with specialized data insights PLANO, Texas , Dec. 4, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a l...

4 months ago - PRNewsWire

Alkami Unveils New Research on Business Banking Digital Maturity

Survey reveals four segments of business banking digital maturity in financial institutions and key growth opportunities PLANO, Texas , Nov. 20, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: A...

5 months ago - PRNewsWire

Gate City Bank Launches Alkami's Full Suite of Digital Banking Solutions

Elevating retail and business customers' experience with the power of Alkami's full suite of products – digital banking, Positive Pay & ACH Reporting PLANO, Texas , Nov. 13, 2024 /PRNewswire/ -- Alkam...

5 months ago - PRNewsWire

Kemba Credit Union Launches Alkami's Digital Banking Platform for Retail and Business Members

Cincinnati-based credit union will deliver enhanced experience with new digital banking platform for both retail and business members PLANO, Texas , Nov. 7, 2024 /PRNewswire/ -- Alkami Technology, Inc...

5 months ago - PRNewsWire