Alkami Technology, Inc. (ALKT)

Market Cap	3.21B
Revenue (ttm)	297.36M
Net Income (ttm)	-51.94M
Shares Out	98.99M
EPS (ttm)	-0.54
PE Ratio	n/a
Forward PE	88.29
Dividend	n/a
Ex-Dividend Date	n/a

Volume	306,625
Open	33.19
Previous Close	33.29
Day's Range	31.90 - 33.27
52-Week Range	16.49 - 36.00
Beta	0.46
Analysts	Buy
Price Target	33.89 (+4.5%)
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 9 analysts, the average rating for ALKT stock is "Buy." The 12-month stock price forecast is $33.89, which is an increase of 4.50% from the latest price.

Price Target

$33.89

(4.50% upside)

Analyst Consensus: Buy