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NASDAQ:ALKT

Alkami Technology (ALKT) Stock Price, News & Analysis

$29.32
-1.80 (-5.78%)
(As of 09/6/2024 ET)
Today's Range
$29.19
$31.19
50-Day Range
$29.06
$34.10
52-Week Range
$16.49
$36.00
Volume
560,251 shs
Average Volume
447,366 shs
Market Capitalization
$2.86 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$33.89

Alkami Technology MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
15.6% Upside
$33.89 Price Target
Short Interest
Healthy
3.09% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.22mentions of Alkami Technology in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$113.65 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.36) to ($0.15) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.84 out of 5 stars

Computer And Technology Sector

296th out of 594 stocks

Prepackaged Software Industry

93rd out of 202 stocks

ALKT stock logo

About Alkami Technology Stock (NASDAQ: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.

ALKT Stock Price History

ALKT Stock News Headlines

Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
Alkami Announces 5 Mln Secondary Offering Of Common Stock
See More Headlines
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Company Calendar

Last Earnings
7/31/2024
Today
9/07/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:ALKT
Fax
N/A
Employees
850
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$33.89
High Stock Price Target
$43.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+15.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$-62,910,000.00
Pretax Margin
-17.42%

Debt

Sales & Book Value

Annual Sales
$297.36 million
Book Value
$3.31 per share

Miscellaneous

Free Float
60,459,000
Market Cap
$2.86 billion
Optionable
Optionable
Beta
0.47
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ALKT Stock Analysis - Frequently Asked Questions

How have ALKT shares performed this year?

Alkami Technology's stock was trading at $24.25 on January 1st, 2024. Since then, ALKT shares have increased by 20.9% and is now trading at $29.32.
View the best growth stocks for 2024 here
.

How were Alkami Technology's earnings last quarter?

Alkami Technology, Inc. (NASDAQ:ALKT) released its earnings results on Wednesday, July, 31st. The company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. The business's revenue was up 24.9% on a year-over-year basis.

When did Alkami Technology IPO?

Alkami Technology (ALKT) raised $141 million in an IPO on Wednesday, April 14th 2021. The company issued 6,000,000 shares at $22.00-$25.00 per share. Goldman Sachs, J.P.Morgan, Barclays, Citigroup and William Blair acted as the underwriters for the IPO and JMP Securities, KeyBanc Capital Markets and Needham & Co. were co-managers.

Who are Alkami Technology's major shareholders?

Alkami Technology's top institutional investors include Massachusetts Financial Services Co. MA (1.61%), Driehaus Capital Management LLC (1.12%), Dimensional Fund Advisors LP (1.08%) and The Manufacturers Life Insurance Company (0.97%). Insiders that own company stock include Atlantic Genpar (Bermu General, George B Kaiser, Alex Shootman, Brian R Smith, W Bryan Hill, Stephen Bohanon, Michael D Hansen, Douglas A Linebarger, Kristy Ramundi, H Eugene Lockhart and Gary Lynn Nelson.
View institutional ownership trends
.

How do I buy shares of Alkami Technology?

Shares of ALKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ALKT) was last updated on 9/7/2024 by MarketBeat.com Staff

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