Alkami Technology, Inc. (NASDAQ:ALKT) Receives Average Recommendation of “Hold” from Analysts

Alkami Technology, Inc. (NASDAQ:ALKT) has been assigned an average recommendation of “Hold” from the seven research firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $22.20.

Several equities analysts have commented on ALKT shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Alkami Technology in a research report on Friday, June 5th. Citizens Jmp decreased their price target on Alkami Technology from $28.00 to $23.00 and set a “market outperform” rating for the company in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. lowered their price objective on Alkami Technology from $20.00 to $19.00 and set an “overweight” rating on the stock in a report on Monday, June 22nd.

Trending Headlines about Alkami Technology

Here are the key news stories impacting Alkami Technology this week:

• Positive Sentiment: Second-quarter revenue rose 15.9% year over year to $129.8 million, exceeding the $128.7 million consensus estimate. Adjusted EBITDA increased to $19.4 million from $11.9 million a year earlier, while the GAAP net loss narrowed to $8.9 million from $13.6 million. Alkami Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Alkami expanded its partnership with Plaid through a pre-built integration that lets financial institutions provide external-account linking, consolidated transaction visibility and enhanced financial-data tools. The offering could improve Alkami’s platform value and support customer retention and sales. Alkami Expands Partnership with Plaid
• Neutral Sentiment: Management projected third-quarter revenue of $132.7 million to $134.2 million, broadly near expectations, and maintained full-year revenue guidance of $528 million to $531 million, also close to the $529.7 million consensus estimate.
• Negative Sentiment: Second-quarter adjusted earnings of $0.12 per share fell short of the $0.19 consensus estimate, despite revenue outperforming expectations. Earnings were also below the $0.13 reported a year earlier, which likely drove the negative investor reaction. Alkami Technology Lags Q2 Earnings Estimates
• Negative Sentiment: Gross margins contracted: GAAP gross margin declined to 56.8% from 58.6%, while non-GAAP gross margin fell to 63.0% from 65.1%. The combination of weaker margins and the earnings miss may overshadow the company’s revenue growth and EBITDA improvement.

Alkami Technology Stock Down 3.0%

Shares of ALKT traded down $0.55 during mid-day trading on Thursday, hitting $17.78. 200,680 shares of the company’s stock were exchanged, compared to its average volume of 1,850,665. The firm has a fifty day moving average of $16.89 and a two-hundred day moving average of $17.30. Alkami Technology has a twelve month low of $13.98 and a twelve month high of $26.89. The stock has a market cap of $1.90 billion, a price-to-earnings ratio of -37.86 and a beta of 0.57. The company has a quick ratio of 2.30, a current ratio of 2.30 and a debt-to-equity ratio of 0.96.

Alkami Technology (NASDAQ:ALKT) last released its quarterly earnings results on Wednesday, April 29th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.30). The business had revenue of $126.14 million for the quarter, compared to the consensus estimate of $125.22 million. Alkami Technology had a negative net margin of 10.55% and a negative return on equity of 8.91%. The firm’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.08 EPS. On average, sell-side analysts forecast that Alkami Technology will post 0.18 earnings per share for the current year.

Insider Transactions at Alkami Technology

In related news, Director Atlantic Genpar (Bermu General bought 675,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was purchased at an average price of $16.49 per share, with a total value of $11,130,750.00. Following the completion of the transaction, the director directly owned 19,420,994 shares of the company’s stock, valued at $320,252,191.06. This trade represents a 3.60% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders purchased a total of 4,041,543 shares of company stock worth $67,594,674 over the last three months. 17.10% of the stock is owned by corporate insiders.

Institutional Trading of Alkami Technology

Institutional investors and hedge funds have recently modified their holdings of the company. Irenic Capital Management LP bought a new position in Alkami Technology in the 4th quarter worth $48,596,000. SG Americas Securities LLC boosted its holdings in Alkami Technology by 735.1% during the fourth quarter. SG Americas Securities LLC now owns 213,979 shares of the company’s stock valued at $4,936,000 after acquiring an additional 188,357 shares during the period. Nicholas Company Inc. boosted its holdings in Alkami Technology by 11.2% during the fourth quarter. Nicholas Company Inc. now owns 312,297 shares of the company’s stock valued at $7,205,000 after acquiring an additional 31,410 shares during the period. Praesidium Investment Management Company LLC grew its position in shares of Alkami Technology by 13.4% in the fourth quarter. Praesidium Investment Management Company LLC now owns 2,287,096 shares of the company’s stock valued at $52,763,000 after purchasing an additional 269,524 shares during the last quarter. Finally, Chicago Capital LLC increased its stake in shares of Alkami Technology by 25.5% in the fourth quarter. Chicago Capital LLC now owns 1,701,532 shares of the company’s stock worth $39,254,000 after purchasing an additional 346,245 shares during the period. 54.97% of the stock is currently owned by institutional investors and hedge funds.

Alkami Technology Company Profile

Alkami Technology, Inc is a provider of cloud-based digital banking and engagement solutions tailored for banks and credit unions. The company’s platform offers a comprehensive suite of online and mobile banking features, including bill payment, peer-to-peer transfers, card management, streamlined account opening and real-time alerts, all designed to enhance the end-user experience and drive customer loyalty.

Built on a multi-tenant, software-as-a-service (SaaS) architecture hosted in the cloud, Alkami’s platform leverages modern APIs and a partner ecosystem to integrate third-party fintech applications and services.