Alkami Technology (NASDAQ:ALKT) Now Covered by Stephens

Posted by Brenda Bartman on Nov 14th, 2026

Stephens assumed coverage on shares of Alkami Technology (NASDAQ:ALKT – Free Report) in a report released on Friday, Marketbeat.com reports. The brokerage issued an equal weight rating and a $15.00 price target on the stock.

A number of other brokerages have also recently commented on ALKT. Needham & Company LLC dropped their target price on shares of Alkami Technology from $25.00 to $20.00 and set a “buy” rating on the stock in a report on Thursday, October 29th. Craig Hallum cut shares of Alkami Technology from a “buy” rating to a “hold” rating and set a $16.00 target price on the stock. in a research note on Thursday, October 29th. Citigroup downgraded shares of Alkami Technology from a “market outperform” rating to a “market perform” rating in a report on Thursday, October 29th. KeyCorp downgraded Alkami Technology from an “overweight” rating to a “sector weight” rating in a research report on Thursday, October 29th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Alkami Technology from $14.00 to $13.00 and set an “underweight” rating for the company in a research report on Thursday, October 29th. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $17.17.

Get Our Latest Stock Analysis on Alkami Technology

Alkami Technology Stock Up 0.3%

Shares of ALKT opened at $13.98 on Friday. The firm has a market cap of $1.50 billion, a P/E ratio of -41.12 and a beta of 0.52. Alkami Technology has a 1 year low of $12.10 and a 1 year high of $24.47. The stock has a 50 day simple moving average of $15.33 and a two-hundred day simple moving average of $16.92. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.04 and a quick ratio of 2.04.

Alkami Technology (NASDAQ:ALKT – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.26). Alkami Technology had a negative net margin of 7.24% and a negative return on equity of 4.75%. The business had revenue of $134.91 million during the quarter, compared to analysts’ expectations of $133.54 million. During the same period last year, the company posted ($0.14) EPS. Alkami Technology’s revenue for the quarter was up 19.4% on a year-over-year basis. On average, analysts forecast that Alkami Technology will post 0.17 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Alkami Technology

A number of institutional investors have recently modified their holdings of ALKT. North Reef Capital Management LP boosted its holdings in Alkami Technology by 264.3% in the 1st quarter. North Reef Capital Management LP now owns 7,650,000 shares of the company’s stock valued at $119,876,000 after purchasing an additional 5,550,000 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of Alkami Technology during the 2nd quarter worth approximately $46,927,000. JANA Partners Management LP raised its stake in shares of Alkami Technology by 24.2% during the 2nd quarter. JANA Partners Management LP now owns 6,747,707 shares of the company’s stock worth $122,268,000 after buying an additional 1,316,319 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of Alkami Technology in the 2nd quarter valued at approximately $18,451,000. Finally, Praesidium Investment Management Company LLC acquired a new stake in shares of Alkami Technology in the 2nd quarter valued at approximately $12,765,486. 54.97% of the stock is owned by institutional investors and hedge funds.

Alkami Technology Company Profile

(Get Free Report)

Alkami Technology provides cloud-based digital banking software to banks and credit unions. Its platform helps financial institutions deliver online and mobile banking experiences to their customers and members. The company’s offerings include digital banking tools, data analytics and marketing capabilities, and services that support account opening and payments. These products are designed to help financial institutions manage digital customer interactions through a unified platform. Founded in 2009 and headquartered in Plano, Texas, Alkami primarily serves financial institutions in the United States.