Alkami Technology, Inc. (ALKT)Technology | Software - Application | Plano, United States | NasdaqGS
17.68 USD
+0.33
(1.902%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 17.61 -0.07 (-0.069%) ⇩ (July 13, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 7 a.m. EDT
The investment case for Alkami is currently fractured by a severe disconnect between its operational reality and its market valuation. Fundamentally, the company is bleeding cash with negative operating margins and a return on equity of -14%, despite reporting 29% revenue growth. This growth is not translating into profitability, creating a precarious situation where the business is expanding but destroying shareholder value. Compounding this fundamental weakness is a hostile corporate environment: an activist investor is pushing for a sale, and insider trading activity includes large grants to directors while the stock trades at a premium to book value. The price action reflects this uncertainty, having lost nearly 20% of its value over the last four years, with the most recent annual return being negative. While the forward P/E looks attractive at 15x, it is pricing in a turnaround that hasn't happened yet. On the short end, the options market is screaming caution; the overwhelming concentration of put open interest at the $12.50 strike suggests traders are betting on a crash to that level, not a bounce. Until the company demonstrates a path to profitability and resolves the activist pressure, the risk-reward profile remains skewed heavily toward the downside. |
| Model | MAE |
|---|---|
| MSTL_74_126 ✓ | 0.054241 |
| AutoTheta | 0.058451 |
| AutoETS | 0.058895 |
| AutoARIMA | 0.058895 |
| MSTL | 0.062547 |
| MSTL_126 | 0.063980 |
| MSTL_74 | 0.079574 |
Forecast horizon: 60 days | Selected: MSTL_74_126
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 1.16 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.331 |
| Excess Kurtosis | -0.93 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 96.643 |
| Revenue per Share | 4.5 |
| Market Cap | 1,892,099,072 |
| Forward P/E | 15.62 |
| Beta | 0.56 |
| Profit Margins | -10.55% |
| Website | https://www.alkami.com |
As of July 11, 2026, 7 a.m. EDT: Speculators are positioning for a significant downside event rather than a rally. While there is heavy out-of-the-money call open interest at the $20 strike (a common resistance level), the put data reveals a massive wall of open interest at the $12.50 strike for September expiration, which is nearly 4x the volume of the nearest ATM puts. This distribution suggests a 'bear put spread' strategy or a hedge against a deep correction, indicating that the market expects a drop severe enough to breach the $15 support zone, not just a minor pullback.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.40131128 |
| Address1 | 5,601 Granite Parkway |
| Address2 | Suite 120 |
| All Time High | 49.32 |
| All Time Low | 9.23 |
| Ask | 22.38 |
| Ask Size | 2 |
| Audit Risk | 4 |
| Average Analyst Rating | 1.6 - Buy |
| Average Daily Volume10 Day | 2,685,230 |
| Average Daily Volume3 Month | 1,888,063 |
| Average Volume | 1,888,063 |
| Average Volume10Days | 2,685,230 |
| Beta | 0.564 |
| Bid | 12.78 |
| Bid Size | 2 |
| Board Risk | 6 |
| Book Value | 3.463 |
| City | Plano |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 17.68 |
| Current Ratio | 2.298 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 17.91 |
| Day Low | 17.435 |
| Debt To Equity | 96.643 |
| Display Name | Alkami Technology |
| Earnings Call Timestamp End | 1,777,496,400 |
| Earnings Call Timestamp Start | 1,777,496,400 |
| Earnings Timestamp | 1,777,492,800 |
| Earnings Timestamp End | 1,785,355,200 |
| Earnings Timestamp Start | 1,785,355,200 |
| Ebitda | -30,464,000 |
| Ebitda Margins | -0.06455 |
| Enterprise To Ebitda | -71.319 |
| Enterprise To Revenue | 4.604 |
| Enterprise Value | 2,172,664,064 |
| Eps Current Year | 0.81395 |
| Eps Forward | 1.13172 |
| Eps Trailing Twelve Months | -0.47 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 16.7042 |
| Fifty Day Average Change | 0.97579956 |
| Fifty Day Average Change Percent | 0.05841642 |
| Fifty Two Week Change Percent | -40.131126 |
| Fifty Two Week High | 29.56 |
| Fifty Two Week High Change | -11.879999 |
| Fifty Two Week High Change Percent | -0.40189442 |
| Fifty Two Week Low | 13.98 |
| Fifty Two Week Low Change | 3.7000008 |
| Fifty Two Week Low Change Percent | 0.26466388 |
| Fifty Two Week Range | 13.98 - 29.56 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,618,407,000,000 |
| Float Shares | 52,450,097 |
| Forward Eps | 1.13172 |
| Forward P E | 15.62224 |
| Free Cashflow | 65,511,248 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 1,225 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.57784003 |
| Gross Profits | 272,708,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.23754999 |
| Held Percent Institutions | 1.00182 |
| Implied Shares Outstanding | 107,019,174 |
| Industry | Software - Application |
| Industry Disp | Software - Application |
| Industry Key | software-application |
| Ipo Expected Date | 2,021-04-14 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Alkami Technology, Inc. provides a cloud-based digital sales and service platform for financial institutions in the United States. The company offers the Alkami digital sales & service platform, which includes the Alkami digital banking platform, onboarding & account opening, and data & marketing modules. Its solutions enable financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of 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 based in Plano, Texas. |
| Long Name | Alkami Technology, Inc. |
| Market | us_market |
| Market Cap | 1,892,099,072 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_106842888 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -49,799,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,856,247,573 |
| Number Of Analyst Opinions | 7 |
| Open | 18.15 |
| Operating Cashflow | 43,770,000 |
| Operating Margins | -0.042140003 |
| Overall Risk | 7 |
| Payout Ratio | 0.0 |
| Phone | 877 725 5264 |
| Post Market Change | -0.0685997 |
| Post Market Change Percent | -0.38800734 |
| Post Market Price | 17.6114 |
| Post Market Time | 1,783,987,128 |
| Previous Close | 17.35 |
| Price Eps Current Year | 21.721237 |
| Price Hint | 2 |
| Price To Book | 5.1054 |
| Price To Sales Trailing12 Months | 4.009177 |
| Profit Margins | -0.10552 |
| Quick Ratio | 1.75 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.625 |
| Region | US |
| Regular Market Change | 0.33 |
| Regular Market Change Percent | 1.90202 |
| Regular Market Day High | 17.91 |
| Regular Market Day Low | 17.435 |
| Regular Market Day Range | 17.435 - 17.91 |
| Regular Market Open | 18.15 |
| Regular Market Previous Close | 17.35 |
| Regular Market Price | 17.68 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 1,409,172 |
| Return On Assets | -0.03186 |
| Return On Equity | -0.14133 |
| Revenue Growth | 0.289 |
| Revenue Per Share | 4.5 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 107,019,174 |
| Shares Percent Shares Out | 0.0825 |
| Shares Short | 8,832,544 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 8,146,531 |
| Short Name | Alkami Technology, Inc. |
| Short Percent Of Float | 0.1192 |
| Short Ratio | 4.06 |
| Source Interval | 15 |
| State | TX |
| Symbol | ALKT |
| Target High Price | 27.0 |
| Target Low Price | 19.0 |
| Target Mean Price | 21.71429 |
| Target Median Price | 21.0 |
| Total Cash | 77,646,000 |
| Total Cash Per Share | 0.726 |
| Total Debt | 358,211,008 |
| Total Revenue | 471,942,016 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.47 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 19.19395 |
| Two Hundred Day Average Change | -1.5139503 |
| Two Hundred Day Average Change Percent | -0.078876436 |
| Type Disp | Equity |
| Volume | 1,409,172 |
| Website | https://www.alkami.com |
| Zip | 75,204 |