Alkami Technology, Inc. (ALKT)

NASDAQ: ALKT · Real-Time Price · USD
37.75
-0.06 (-0.16%)
At close: Nov 20, 2024, 4:00 PM
39.63
+1.88 (4.98%)
After-hours: Nov 20, 2024, 6:02 PM EST
-0.16%
Market Cap 3.79B
Revenue (ttm) 315.56M
Net Income (ttm) -45.91M
Shares Out 100.50M
EPS (ttm) -0.47
PE Ratio n/a
Forward PE 85.20
Dividend n/a
Ex-Dividend Date n/a
Volume 776,621
Open 37.97
Previous Close 37.81
Day's Range 37.33 - 38.25
52-Week Range 21.19 - 41.36
Beta 0.43
Analysts Buy
Price Target 38.00 (+0.66%)
Earnings Date Oct 30, 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. [Read more]

Sector Technology
IPO Date Apr 14, 2021
Employees 917
Stock Exchange NASDAQ
Ticker Symbol ALKT
Full Company Profile

Financial Performance

In 2023, Alkami Technology'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.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ALKT stock is "Buy." The 12-month stock price forecast is $38.0, which is an increase of 0.66% from the latest price.

Price Target
$38.0
(0.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

17 hours 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...

7 days 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...

13 days ago - PRNewsWire

Alkami Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders

PLANO, Texas , Nov. 6, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami" or the "Company"), a leading cloud-based digital banking solutions provider for financial institutions in t...

14 days ago - PRNewsWire

Alkami Announces Launch of Proposed Secondary Offering of Common Stock by Selling Stockholders

PLANO, Texas , Nov. 6, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami" or the "Company"), a leading cloud-based digital banking solutions provider for financial institutions in t...

14 days ago - PRNewsWire

Alkami Surpasses All Digital Banking Providers To Become #1 in Credit Union Market Share

Recognition follows Alkami's J.D. Power certification for its Mobile Banking Platform PLANO, Texas , Nov. 6, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-bas...

14 days ago - PRNewsWire

Alkami Technology, Inc. (ALKT) Q3 2024 Earnings Call Transcript

Alkami Technology, Inc. (NASDAQ:ALKT) Q3 2024 Earnings Call Transcript October 30, 2024 5:00 PM ET Company Participants Steve Calk - Vice President, Investor Relations Alex Shootman - Chief Executive...

21 days ago - Seeking Alpha

Alkami Announces Third Quarter 2024 Financial Results

PLANO, Texas , Oct. 30, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today a...

21 days ago - PRNewsWire

Alkami Helps Banking Leaders Combat Emerging Check and Real-time Payments Fraud

Industry experts unveil strategies in webinar to tackle emerging fraud threats as real-time payments surge and check fraud remains a leading risk PLANO, Texas , Oct. 23, 2024 /PRNewswire/ -- Alkami Te...

4 weeks ago - PRNewsWire

Alkami Named "Best Banking App" by Tearsheet

Alkami received The Big Bank Theory Award for delivering a superior mobile banking platform and industry-leading UX powered by data PLANO, Texas , Oct. 17, 2024 /PRNewswire/ -- Alkami Technology, Inc....

4 weeks ago - PRNewsWire

Alkami to Announce Third Quarter 2024 Financial Results

PLANO, Texas , Oct. 17, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today a...

4 weeks ago - PRNewsWire

Nutmeg State Financial Credit Union Launches Alkami as Digital Banking Partner for Retail Banking Capabilities

The Connecticut-based credit union will deliver Alkami's personalized product and service suite to its membership PLANO, Texas , Oct. 16, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("...

5 weeks ago - PRNewsWire

Alkami Unveils the 2025 Playbook to Prepare Financial Institutions for the Future of Banking

Three key plays are outlined to help grow business and digitally mature PLANO, Texas , Oct. 9, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based  digital ba...

6 weeks ago - PRNewsWire

Intrepid Credit Union Partners with Alkami to Launch New Digital Banking Platform

Members will benefit from an enhanced digital banking experience and security PLANO, Texas , Oct. 2, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based  digi...

7 weeks ago - PRNewsWire

Alkami Receives the Banking Partner of Excellence Award

The recognition follows the recent J.D. Power certification for the TechFin's Mobile Banking Platform PLANO, Texas , Sept.

7 weeks ago - PRNewsWire

Alkami Named to IDC FinTech Rankings Top 100 for 2024

IDC Financial Insights ranks top enterprises worldwide serving the financial services industry PLANO, Texas , Sept. 19, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leadin...

2 months ago - PRNewsWire

Alkami Hosts Banking Executive Masterclass on Preparing for Open Banking in the U.S.

Webinar explores how financial institutions can prepare, while educating employees and account holders PLANO, Texas , Sept. 11, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), ...

2 months ago - PRNewsWire

Alkami Recognized on CNBC's 2024 World's Top 250 Fintech Companies List

Most recently, Alkami has been certified by J.D. Power for providing "An Outstanding Mobile Banking Platform Experience" for clients.

3 months ago - PRNewsWire

Alkami Market Study Reveals Differences in AI Outlook between Financial Institutions and Consumers

96% of financial institutions foresee AI playing a critical role in the next five years PLANO, Texas , Aug. 21, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-...

3 months ago - PRNewsWire

Alkami Integrates Credential Stuffing Protection Into Its Digital Banking Platform

Product integration provides an enhanced digital banking user experience and improved security PLANO, Texas , Aug. 14, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading...

3 months ago - PRNewsWire

Alkami's Soaring Stock: Growth Story Or Fully Valued?

Alkami Technology reported Q2 2024 results, beating revenue estimates but matching earnings estimates. The global core banking software market is expected to reach $22.2 billion by 2030 with a CAGR of...

3 months ago - Seeking Alpha

Alkami Technology, Inc. (ALKT) Q2 2024 Earnings Call Transcript

Alkami Technology, Inc. (NASDAQ:ALKT) Q2 2024 Earnings Call July 31, 2024 5:00 PM ET Company Participants Steve Calk - Vice President, Investor Relations Alex Shootman - Chief Executive Officer Bryan...

4 months ago - Seeking Alpha

Alkami Announces Second Quarter 2024 Financial Results

PLANO, Texas , July 31, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today a...

4 months ago - PRNewsWire

Alkami to Announce Second Quarter 2024 Financial Results

PLANO, Texas , July 18, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today a...

4 months ago - PRNewsWire

Alkami Becomes First TechFin Certified by J.D. Power for "An Outstanding Mobile Banking Platform Experience"

Distinction places Alkami in the top quintile of all companies assessed by J.D. Power mobile experience benchmark PLANO, Texas , July 15, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("...

4 months ago - PRNewsWire