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Alkami Technology, Inc. (ALKT)

Technology | Software - Application | Plano, United States | NasdaqGS
20.22 USD -0.13 (-0.639%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 20.22

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:31 a.m. EDT

The investment case for Alkami Technology is currently fractured by a severe disconnect between its operational momentum and its financial reality. On the bright side, the company is executing well: user base growth is accelerating, guidance was raised, and the strategic partnership with Plaid validates its product stickiness. However, these operational wins are being crushed by a persistent inability to translate revenue into profit. The company is burning cash, with negative operating margins and a forward P/E that implies profitability is still years away. This fundamental weakness has triggered a hostile response from the market, evidenced by the heavy put writing and the aggressive stance of activist investors like Jana, who are pushing for a sale or drastic restructuring. While the technology is sound and the growth trajectory is positive, the lack of a profitable bottom line makes this a high-risk speculative play rather than a solid long-term compounder. Until the path to profitability becomes clear and the activist pressure resolves, the risk of further downside outweighs the potential for a quick rebound.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.078377
AutoETS0.081801
AutoARIMA0.081803
MSTL0.085191

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 45%
H-stat 0.09
Ljung-Box p 0.000
Jarque-Bera p 0.144
Excess Kurtosis -1.29
Attribute Value
Sector Technology
Debt to Equity Ratio 98.754
Revenue per Share 4.631
Market Cap 2,162,366,720
Forward P/E 18.61
Beta 0.59
Profit Margins -9.21%
Website https://www.alkami.com

As of Aug. 22, 2026, 3:31 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume relative to calls, particularly at strikes significantly below the current price (e.g., $15 and $17.50). While there is some call activity near the money, the overwhelming open interest in deep OTM puts suggests a fear of a significant downside gap or a 'sell the news' reaction to the activist pressure, rather than a bullish bet on continued expansion.


Info Dump

Attribute Value
52 Week Change -0.17671007
Address1 5,601 Granite Parkway
Address2 Suite 120
All Time High 49.32
All Time Low 9.23
Ask 26.04
Ask Size 2
Audit Risk 4
Average Analyst Rating 1.6 - Buy
Average Daily Volume10 Day 1,201,120
Average Daily Volume3 Month 1,651,144
Average Volume 1,651,144
Average Volume10Days 1,201,120
Beta 0.591
Bid 14.74
Bid Size 2
Board Risk 6
Book Value 3.391
City Plano
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 20.22
Current Ratio 2.133
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 20.59
Day Low 20.14
Debt To Equity 98.754
Display Name Alkami Technology
Earnings Call Timestamp End 1,785,358,800
Earnings Call Timestamp Start 1,785,358,800
Earnings Timestamp 1,785,355,200
Earnings Timestamp End 1,793,217,600
Earnings Timestamp Start 1,793,217,600
Ebitda -22,126,000
Ebitda Margins -0.04518
Enterprise To Ebitda -110.258
Enterprise To Revenue 4.981
Enterprise Value 2,439,569,920
Eps Current Year 0.7596
Eps Forward 1.08669
Eps Trailing Twelve Months -0.43
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 18.3674
Fifty Day Average Change 1.8526001
Fifty Day Average Change Percent 0.100863494
Fifty Two Week Change Percent -17.671007
Fifty Two Week High 26.89
Fifty Two Week High Change -6.67
Fifty Two Week High Change Percent -0.2480476
Fifty Two Week Low 13.98
Fifty Two Week Low Change 6.24
Fifty Two Week Low Change Percent 0.44635192
Fifty Two Week Range 13.98 - 26.89
Financial Currency USD
First Trade Date Milliseconds 1,618,407,000,000
Float Shares 50,537,571
Forward Eps 1.08669
Forward P E 18.606962
Free Cashflow 82,957,752
Full Exchange Name NasdaqGS
Full Time Employees 1,225
Fullday Change -0.130001
Fullday Change Percent -0.638826
Fullday Price 20.22
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.57359004
Gross Profits 280,903,008
Has Pre Post Market Data 1
Held Percent Insiders 0.23821
Held Percent Institutions 0.93646
Implied Shares Outstanding 106,941,980
Industry Software - Application
Industry Disp Software - Application
Industry Key software-application
Ipo Expected Date 2,021-04-14
Is Earnings Date Estimate 0
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 2,162,366,720
Market State CLOSED
Max Age 86,400
Message Board Id finmb_106842888
Most Recent Quarter 1,782,777,600
Net Income To Common -45,108,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,178,408,132
Number Of Analyst Opinions 7
Open 20.31
Operating Cashflow 64,633,000
Operating Margins -0.058119997
Overall Risk 7
Payout Ratio 0.0
Phone 877 725 5264
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 20.22
Post Market Time 1,787,959,806
Previous Close 20.35
Price Eps Current Year 26.619272
Price Hint 2
Price To Book 5.9628425
Price To Sales Trailing12 Months 4.4154534
Profit Margins -0.09211001
Quick Ratio 1.655
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.625
Region US
Regular Market Change -0.130001
Regular Market Change Percent -0.638826
Regular Market Day High 20.59
Regular Market Day Low 20.14
Regular Market Day Range 20.14 - 20.59
Regular Market Open 20.31
Regular Market Previous Close 20.35
Regular Market Price 20.22
Regular Market Time 1,787,947,201
Regular Market Volume 787,065
Return On Assets -0.025929999
Return On Equity -0.12765999
Revenue Growth 0.159
Revenue Per Share 4.631
Sand P52 Week Change 0.20204377
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 8
Shares Outstanding 106,941,980
Shares Percent Shares Out 0.0626
Shares Short 6,693,352
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 7,686,611
Short Name Alkami Technology, Inc.
Short Percent Of Float 0.0904
Short Ratio 5.32
Source Interval 15
State TX
Symbol ALKT
Target High Price 25.0
Target Low Price 19.0
Target Mean Price 22.0
Target Median Price 21.0
Total Cash 80,955,000
Total Cash Per Share 0.757
Total Debt 358,158,016
Total Revenue 489,727,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.43
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 18.4889
Two Hundred Day Average Change 1.7311001
Two Hundred Day Average Change Percent 0.09362916
Type Disp Equity
Volume 787,065
Website https://www.alkami.com
Zip 75,204