Alkami Technology, Inc. (ALKT)
NASDAQ: ALKT · IEX Real-Time Price · USD
32.67
+0.25 (0.77%)
At close: Jul 19, 2024, 4:00 PM
32.70
+0.03 (0.09%)
Pre-market: Jul 22, 2024, 7:11 AM EDT
Alkami Technology Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Alkami Technology stock have an average target of 28, with a low estimate of 20 and a high estimate of 32. The average target predicts a decrease of -14.29% from the current stock price of 32.67.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ALKT stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 5 | 5 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 11 | 11 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $28 → $31 | Hold | Maintains | $28 → $31 | -5.11% | Jul 11, 2024 |
| Needham | Needham | Strong Buy Reiterates $32 | Strong Buy | Reiterates | $32 | -2.05% | Jun 25, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $30 → $31 | Strong Buy | Maintains | $30 → $31 | -5.11% | May 2, 2024 |
| Needham | Needham | Strong Buy Maintains $30 → $32 | Strong Buy | Maintains | $30 → $32 | -2.05% | May 2, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $30 | Buy | Reiterates | $30 | -8.17% | Apr 15, 2024 |
Financial Forecast
Revenue This Year
338.31M
from 264.83M
Increased by 27.75%
Revenue Next Year
419.67M
from 338.31M
Increased by 24.05%
EPS This Year
0.22
from -0.67
EPS Next Year
0.52
from 0.22
Increased by 138.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 349.6M | 438.5M | 544.1M |
| Avg | 338.3M | 419.7M | 511.2M |
| Low | 324.1M | 392.8M | 472.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.0% | 29.6% | 29.6% |
| Avg | 27.7% | 24.0% | 21.8% |
| Low | 22.4% | 16.1% | 12.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.27 | 0.64 | 0.99 |
| Avg | 0.22 | 0.52 | 0.89 |
| Low | 0.18 | 0.40 | 0.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 194.8% | 91.5% |
| Avg | - | 138.5% | 72.5% |
| Low | - | 84.9% | 53.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.