17-Apr-2024
Strong Growth and Market Share Gains Affirm Alkami Technology’s Buy Rating
TipRanks (Mon, 15-Apr 1:15 AM ET)
Alkami and SWIVEL Partner to Provide Financial Institutions with Improved Payments Functionality
PRNewswire (Tue, 2-Apr 10:00 AM ET)
Alkami Builds Industry-First Digital Maturity Assessment for Financial Institutions
PRNewswire (Wed, 20-Mar 10:00 AM ET)
PRNewswire (Tue, 5-Mar 10:00 AM ET)
Alkami Announces Fourth Quarter 2023 Financial Results
Globe Newswire (Wed, 28-Feb 4:05 PM ET)
Alkami to Present at Citizens JMP Technology Conference
Globe Newswire (Fri, 23-Feb 8:00 AM ET)
Leading Industry Influencers Top Out the Agenda for Alkami Co:lab 2024
PRNewswire (Wed, 21-Feb 10:00 AM ET)
Alkami Releases Research to Measure Digital Maturity in Financial Institutions
PRNewswire (Thu, 15-Feb 10:00 AM ET)
Alkami to Announce Fourth Quarter 2023 Financial Results
Globe Newswire (Wed, 14-Feb 8:00 AM ET)
Alkami Telemetry Data Reveals Emerging Tech Adoption Themes
PRNewswire (Tue, 6-Feb 10:00 AM ET)
Alkami Technology Inc is a cloud-based digital banking solutions provider. Alkami Platform, allows FIs to onboard and engage new users, accelerate revenues and meaningfully improve operational efficiency with the support of a proprietary, true cloud-based, multi-tenant architecture.
Alkami Technology trades on the NASDAQ stock market under the symbol ALKT.
As of April 17, 2024, ALKT stock price was flat at $23.84 with 156,599 million shares trading.
ALKT has a beta of 1.08, meaning it tends to be more sensitive to market movements. ALKT has a correlation of 0.17 to the broad based SPY ETF.
ALKT has a market cap of $2.21 billion. This is considered a Mid Cap stock.
Last quarter Alkami Technology reported $71 million in Revenue and $.02 earnings per share. This beat revenue expectation by $229,000 and met earnings estimates .
In the last 3 years, ALKT stock traded as high as $48.28 and as low as $9.23.
The top ETF exchange traded funds that ALKT belongs to (by Net Assets): VTI, VB, IWM, VGT, VXF.
ALKT has outperformed the market in the last year with a price return of +90.4% while the SPY ETF gained +23.0%. However, in the short term, ALKT had mixed performance relative to the market. It has underperformed in the last 3 months, returning -3.4% vs +5.7% return in SPY. But in the last 2 weeks, ALKT shares have fared better than the market returning +2.7% compared to SPY -3.5%.
ALKT support price is $23.29 and resistance is $24.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALKT stock will trade within this expected range on the day.