Alkami Technology, Inc. (ALKT)

NASDAQ: ALKT · IEX Real-Time Price · USD
23.97
-0.07 (-0.29%)
Apr 19, 2024, 12:04 PM EDT - Market open
-0.29%
Market Cap 2.32B
Revenue (ttm) 264.83M
Net Income (ttm) -62.91M
Shares Out 96.76M
EPS (ttm) -0.67
PE Ratio n/a
Forward PE 131.35
Dividend n/a
Ex-Dividend Date n/a
Volume 45,017
Open 23.91
Previous Close 24.04
Day's Range 23.91 - 24.38
52-Week Range 10.93 - 26.75
Beta 0.40
Analysts Buy
Price Target 25.70 (+7.22%)
Earnings Date May 1, 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, 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.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ALKT stock is "Buy." The 12-month stock price forecast is $25.7, which is an increase of 7.22% from the latest price.

Price Target
$25.7
(7.22% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Alkami to Announce First Quarter 2024 Financial Results

PLANO, Texas, April 19, 2024 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., tod...

3 hours ago - GlobeNewsWire

Alkami Launches SDK Wizard "Merlin," Furthering the Company's TechFin Initiative

The company announces four critical capabilities that it will double down on  PLANO, Texas , April 18, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based dig...

1 day ago - PRNewsWire

Alkami and SWIVEL Partner to Provide Financial Institutions with Improved Payments Functionality

SWIVEL's Transaction Enablement Platform™ enables Alkami's clients to provide a seamless, self-serve loan payment experience to their account holders PLANO, Texas , April 2, 2024 /PRNewswire/ -- Alkam...

17 days ago - PRNewsWire

Alkami Builds Industry-First Digital Maturity Assessment for Financial Institutions

Digital Sales & Service Maturity Model Assessment follows Alkami's release of research to measure digital maturity in financial institutions PLANO, Texas, March 20, 2024 /PRNewswire/ -- Alkami Technol...

4 weeks ago - PRNewsWire

Greylock Federal Credit Union Partners with Alkami to Bolster Its Retail, Business, and Mobile Banking Experience

Expansive digital transformation helps credit union enhance member features and functionality PLANO, Texas , March 5, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading ...

6 weeks ago - PRNewsWire

Alkami Announces Fourth Quarter 2023 Financial Results

PLANO, Texas, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., toda...

7 weeks ago - GlobeNewsWire

Alkami to Present at Citizens JMP Technology Conference

PLANO, Texas, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., toda...

2 months ago - GlobeNewsWire

Leading Industry Influencers Top Out the Agenda for Alkami Co:lab 2024

Keynote speakers, bankers and tech innovators gather to drive financial services forward;  Alkami launches first on-site Hackathon PLANO, Texas , Feb. 21, 2024 /PRNewswire/ -- Alkami Technology, Inc. ...

2 months ago - PRNewsWire

Alkami Releases Research to Measure Digital Maturity in Financial Institutions

Report examines levels of digital maturity across financial institutions, with the most advanced institutions reporting up to twice the annual revenue growth as the least advanced Research reveals tha...

2 months ago - PRNewsWire

Alkami Telemetry Data Reveals Emerging Tech Adoption Themes

Financial institutions can leverage transaction data to uncover the financial health and patterns of account holders PLANO, Texas , Feb. 6, 2024 /PRNewswire/ --  Alkami Technology, Inc. (Nasdaq: ALKT)...

2 months ago - PRNewsWire

Elevations Credit Union Launches with Alkami's Online Retail, Business and Mobile Banking

Member base will now benefit from Alkami's single platform for retail, business and mobile PLANO, Texas , Jan. 16, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading clo...

3 months ago - PRNewsWire

Alkami Partners with Chimney to Deliver Insights to Homeowners Within Its Digital Banking Solution

Account holders can now track their home value, see available equity, and access personalized offers within their digital banking platform PLANO, Texas , Jan. 9, 2024 /PRNewswire/ -- Alkami Technology...

3 months ago - PRNewsWire

Alkami Telemetry Data Shows Impact of Student Loan Payments on Borrowers

The number of student loan payments grew 127 percent in October compared to the previous month PLANO, Texas , Dec. 21, 2023 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading...

4 months ago - PRNewsWire

Credit Union of Texas Selects Alkami For Its Business Banking Platform

With Alkami's Business Banking solution, the credit union will unlock an entirely untapped market  PLANO, Texas , Dec. 13, 2023 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a lea...

4 months ago - PRNewsWire

Quontic Bank Launches Alkami's Digital Banking Solution

Digital bank enhances user experience and benefits from Alkami's wide partner network  PLANO, Texas , Dec. 6, 2023 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-ba...

4 months ago - PRNewsWire

Alkami to Present at Barclays Global Technology Conference

PLANO, Texas, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., toda...

5 months ago - GlobeNewsWire

Alkami to Present at Stephens Annual Investment Conference

PLANO, Texas, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., toda...

5 months ago - GlobeNewsWire

Alkami to Announce Third Quarter 2023 Financial Results

PLANO, Texas, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., toda...

6 months ago - GlobeNewsWire

Alkami Releases the 2024 Strategies and Budgeting Playbook for Financial Institutions

Research-driven insights lay the groundwork for banks and credit unions to gain competitive standing in year ahead PLANO, Texas , Oct. 18, 2023 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) (...

6 months ago - PRNewsWire

Alkami Named to IDC FinTech Rankings Top 100

IDC Financial Insights ranks top enterprises worldwide serving the financial services industry PLANO, Texas , Sept. 20, 2023 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leadin...

7 months ago - PRNewsWire

Alkami Partners with Atomic to Offer Direct Deposit Solution for Financial Institutions

Empowers account holders to easily configure and manage direct deposits PLANO, Texas , Aug. 31, 2023 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital ba...

8 months ago - PRNewsWire

Alkami Launches First Engagement Artificial Intelligence (AI) Predictive Model for Financial Services Industry

Empowers financial institutions to grow relationships with their most engaged account holders PLANO, Texas , Aug. 9, 2023 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading c...

9 months ago - PRNewsWire

Alkami Announces Second Quarter 2023 Financial Results

PLANO, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for U.S. banks and credit unions, today anno...

9 months ago - GlobeNewsWire

Alkami to Announce Second Quarter 2023 Financial Results

PLANO, Texas, July 24, 2023 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for U.S. banks and credit unions, today anno...

9 months ago - GlobeNewsWire

IC Credit Union Taps Alkami for Tech Stack Overhaul

TechFin partnership to transform credit union with state-of-the-art digital banking platform PLANO, Texas , July 11, 2023 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading c...

10 months ago - PRNewsWire