Alkami Technology, Inc. (ALKT)
NASDAQ: ALKT · IEX Real-Time Price · USD
23.78
-0.26 (-1.08%)
Apr 19, 2024, 4:00 PM EDT - Market closed
Alkami Technology Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Alkami Technology stock have an average target of 25.7, with a low estimate of 20 and a high estimate of 31. The average target predicts an increase of 8.07% from the current stock price of 23.78.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ALKT stock from 10 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $30 | Buy | Reiterates | $30 | +26.16% | Apr 15, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $25 → $30 | Buy | Maintains | $25 → $30 | +26.16% | Feb 29, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $27 → $31 | Buy | Maintains | $27 → $31 | +30.36% | Feb 29, 2024 |
| Barclays | Barclays | Hold Maintains $26 → $27 | Hold | Maintains | $26 → $27 | +13.54% | Feb 29, 2024 |
| Needham | Needham | Strong Buy Reiterates $30 | Strong Buy | Reiterates | $30 | +26.16% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
337.20M
from 264.83M
Increased by 27.33%
Revenue Next Year
418.76M
from 337.20M
Increased by 24.19%
EPS This Year
0.19
from -0.67
EPS Next Year
0.50
from 0.19
Increased by 165.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 349.2M | 438.2M | 543.4M |
| Avg | 337.2M | 418.8M | 510.4M |
| Low | 322.2M | 391.2M | 470.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 31.9% | 29.9% | 29.8% |
| Avg | 27.3% | 24.2% | 21.9% |
| Low | 21.7% | 16.0% | 12.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.25 | 0.59 | 1.02 |
| Avg | 0.19 | 0.50 | 0.90 |
| Low | 0.15 | 0.39 | 0.77 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 214.2% | 106.1% |
| Avg | - | 165.3% | 80.7% |
| Low | - | 109.4% | 54.7% |
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.