Alkami Technology, Inc. (ALKT)

Market Cap	3.93B
Revenue (ttm)	315.56M
Net Income (ttm)	-45.91M
Shares Out	100.50M
EPS (ttm)	-0.47
PE Ratio	n/a
Forward PE	88.29
Dividend	n/a
Ex-Dividend Date	n/a

Volume	611,527
Open	37.75
Previous Close	38.67
Day's Range	37.42 - 39.40
52-Week Range	22.62 - 42.29
Beta	0.46
Analysts	Buy
Price Target	41.50 (+6.08%)
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.

• Industry: Software - Application
• Sector: Technology
• IPO Date: Apr 14, 2021
• Employees: 917
• Stock Exchange: NASDAQ
• Ticker Symbol: ALKT
• Website: https://www.alkami.com

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.

Analyst Forecast

According to 8 analysts, the average rating for ALKT stock is "Buy." The 12-month stock price forecast is $41.5, which is an increase of 6.08% from the latest price.

Price Target

$41.5

(6.08% upside)

Analyst Consensus: Buy