Alkami Technology, Inc. (ALKT)

NASDAQ: ALKT · IEX Real-Time Price · USD
24.25
-0.16 (-0.66%)
At close: Dec 29, 2023, 4:00 PM
23.91
-0.34 (-1.40%)
After-hours: Dec 29, 2023, 4:10 PM EST
-0.66%
Market Cap 2.31B
Revenue (ttm) 249.00M
Net Income (ttm) -55.11M
Shares Out 95.36M
EPS (ttm) -0.58
PE Ratio n/a
Forward PE 200.44
Dividend n/a
Ex-Dividend Date n/a
Volume 578,433
Open 24.45
Previous Close 24.41
Day's Range 24.02 - 24.56
52-Week Range 10.93 - 24.80
Beta 0.37
Analysts Strong Buy
Price Target 21.56 (-11.09%)
Earnings Date Feb 22, 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, and super-regional credit unions and banks. Alkami Technology, Inc. was founded in 2009 and is headquartered in Plano, Texas. [Read more]

Sector Technology
IPO Date Apr 14, 2021
Employees 851
Stock Exchange NASDAQ
Ticker Symbol ALKT
Full Company Profile

Financial Performance

In 2022, ALKT's revenue was $204.27 million, an increase of 34.25% compared to the previous year's $152.16 million. Losses were -$58.60 million, 24.4% more than in 2021.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ALKT stock is "Strong Buy." The 12-month stock price forecast is $21.56, which is a decrease of -11.09% from the latest price.

Price Target
$21.56
(-11.09% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

10 days 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...

18 days 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...

25 days 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...

4 weeks 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...

7 weeks 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...

2 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) (...

2 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...

3 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...

4 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...

5 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...

5 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...

5 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...

6 months ago - PRNewsWire

Lone Star National Bank Selects Alkami's Digital Banking Platform

Expansive digital transformation helps community bank innovate forward PLANO, Texas , June 20, 2023 /PRNewswire/ -- Alkami Technology Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital bank...

6 months ago - PRNewsWire

Actionable Business Insights via upSWOT Now Standard on the Alkami Digital Banking Platform

Fintech partnership empowers financial institutions to level up small business financial wellness PLANO, Texas , May 31, 2023 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leadi...

7 months ago - PRNewsWire

Study Reveals How the Data & AI Revolution Will Drive Digital Banking Growth

Data, advanced analytics and artificial intelligence will be at the foundation of consumer engagement PLANO, Texas , May 18, 2023 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a l...

8 months ago - PRNewsWire

Alkami to Present at Upcoming Investor Conferences

PLANO, Texas, May 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., today...

8 months ago - GlobeNewsWire

Mid-size Financial Institutions More Than Double Their Digital Transformation Investment, New Research Finds

The 2023 Digital Banking Performance Metrics report from Cornerstone Advisors provides regional and community financial institutions performance benchmarks toward their business objectives PLANO, Texa...

8 months ago - PRNewsWire

Alkami Announces First Quarter 2023 Financial Results

PLANO, Texas, May 03, 2023 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today...

8 months ago - GlobeNewsWire

Alkami to Announce First Quarter 2023 Financial Results

PLANO, Texas, April 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 ann...

8 months ago - GlobeNewsWire

Alkami Research Identifies Consumer Financial Trends and Opportunities for Financial Institutions in State of the Industry Report

Report identifies areas of opportunity for Regional and Community Financial Institutions (RCFIs) to differentiate against competing megabanks and neobanks PLANO, Texas , April 20, 2023 /PRNewswire/ --...

9 months ago - PRNewsWire

'To My Jelly Bean' Gives Regional and Community Banks and Credit Unions a Tribute

Social media campaign shares "All of Life's Moments" to underscore the importance of regional and community financial institutions PLANO, Texas , April 5, 2023 /PRNewswire/ -- Alkami Technology Inc. (...

9 months ago - PRNewsWire

Liberty Bank Launches Alkami's Digital Banking Platform

Redefining digital transformation for the strategic financial institution of the future PLANO, Texas , March 29, 2023 /PRNewswire/ -- Alkami Technology Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-...

9 months ago - PRNewsWire

Kennebec Savings Bank Launches Alkami's Digital Banking Platform

Leverages data for personalization and enhances business banking to a single system PLANO, Texas , March 8, 2023 /PRNewswire/ -- Alkami Technology Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based...

10 months ago - PRNewsWire

Alkami to Present at Upcoming Investor Conference

PLANO, Texas, Feb. 27, 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...

10 months ago - GlobeNewsWire