Alkami Technology Stock Today
| ALKT Stock | USD 24.52 0.66 2.77% |
Performance0 of 100
| Odds Of DistressLess than 20
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Alkami Technology is selling for under 24.52 as of the 29th of April 2024; that is 2.77 percent increase since the beginning of the trading day. The stock's last reported lowest price was 23.96. Alkami Technology has about a 20 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Alkami Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 14th of April 2021 | Category Technology | Classification Information Technology |
Alkami Technology, Inc. offers a cloud-based digital banking platform in the United States. Alkami Technology, Inc. was founded in 2009 and is headquartered in Plano, Texas. Alkami Technology operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 97.51 M outstanding shares of which 1.03 M shares are presently shorted by private and institutional investors with about 4.03 trading days to cover. More on Alkami Technology
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Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Alkami Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Alkami Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alkami Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Alex Shootman | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Alkami Technology report their recommendations after researching Alkami Technology's financial statements, talking to executives and customers, or listening in on Alkami Technology's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Alkami Technology. The Alkami consensus assessment is calculated by taking the average forecast from all of the analysts covering Alkami Technology. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Alkami Technology's financial statements, Alkami Technology is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in May. Financial strength of Alkami Technology is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Alkami Technology's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Alkami Technology's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alkami Technology's financial leverage. It provides some insight into what part of Alkami Technology's total assets is financed by creditors.
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Alkami Technology (ALKT) is traded on NASDAQ Exchange in USA. It is located in 5601 Granite Parkway, Plano, TX, United States, 75204 and employs 917 people. Alkami Technology is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alkami Technology's market, we take the total number of its shares issued and multiply it by Alkami Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Alkami Technology conducts business under Software sector and is part of Information Technology industry. The entity has 97.51 M outstanding shares of which 1.03 M shares are presently shorted by private and institutional investors with about 4.03 trading days to cover.
Alkami Technology currently holds about 213.35 M in cash with (17.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.34.
Check Alkami Technology Probability Of Bankruptcy
Ownership AllocationAlkami Technology retains a total of 97.51 Million outstanding shares. Over half of Alkami Technology's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Alkami Technology. Please watch out for any change in the institutional holdings of Alkami Technology as this could mean something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Alkami Ownership Details
Alkami Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Alkami Technology jumping above the current price in 90 days from now is about 46.02%. The Alkami Technology probability density function shows the probability of Alkami Technology stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.7313. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Alkami Technology will likely underperform. Additionally, alkami Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Alkami Technology to move above the current price in 90 days from now is about 46.02 (This Alkami Technology probability density function shows the probability of Alkami Stock to fall within a particular range of prices over 90 days) .
Alkami Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Alkami Technology that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alkami Technology's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Alkami Technology's value.| Instituion | Recorded On | Shares | |
| Manufacturers Life Insurance Co | 2023-12-31 | 854.4 K | |
| Scalar Gauge Management, Llc | 2023-12-31 | 853.4 K | |
| Bamco Inc | 2023-12-31 | 779 K | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 749 K | |
| Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2023-12-31 | 719.9 K | |
| Driehaus Capital Management Llc | 2023-12-31 | 638 K | |
| Lord, Abbett & Co Llc | 2023-12-31 | 613.7 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 582.4 K | |
| Advisory Research Inc | 2023-12-31 | 483.3 K | |
| General Atlantic Llc | 2023-12-31 | 18.7 M | |
| Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 4.7 M |
Alkami Technology Historical Income Statement
Alkami Technology Income Statement is one of the three primary financial statements used for reporting Alkami's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Alkami Technology revenue and expense. Alkami Technology Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Alkami Technology's Net Interest Income is comparatively stable compared to the past year. Interest Income is likely to gain to about 7.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 57.1 M in 2024. View More FundamentalsAlkami Stock Against Markets
Picking the right benchmark for Alkami Technology stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Alkami Technology stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Alkami Technology is critical whether you are bullish or bearish towards Alkami Technology at a given time. Please also check how Alkami Technology's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Alkami Technology without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
| All Next | Launch Module |
Alkami Technology Corporate Management
Elected by the shareholders, the Alkami Technology's board of directors comprises two types of representatives: Alkami Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alkami. The board's role is to monitor Alkami Technology's management team and ensure that shareholders' interests are well served. Alkami Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Alkami Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Stephen Bohanon | Chief CoFounder | Profile | |
| Douglas Linebarger | Chief Secretary | Profile | |
| Bryan Hill | CFO Treasurer | Profile | |
| Jeff Johnson | Director Devel | Profile | |
| Julie Hoagland | Chief Officer | Profile | |
| Steve Calk | Head Relations | Profile |
How to buy Alkami Stock?
Before investing in Alkami Technology, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Alkami Technology. To buy Alkami Technology stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Alkami Technology. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Alkami Technology stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Alkami Technology stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Alkami Technology stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Alkami Technology, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Alkami Stock please use our How to Invest in Alkami Technology guide.
Already Invested in Alkami Technology?
The danger of trading Alkami Technology is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alkami Technology is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alkami Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alkami Technology is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Alkami Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alkami Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alkami Technology Stock. Highlighted below are key reports to facilitate an investment decision about Alkami Technology Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkami Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Alkami Stock please use our How to Invest in Alkami Technology guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Alkami Stock analysis
When running Alkami Technology's price analysis, check to measure Alkami Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alkami Technology is operating at the current time. Most of Alkami Technology's value examination focuses on studying past and present price action to predict the probability of Alkami Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkami Technology's price. Additionally, you may evaluate how the addition of Alkami Technology to your portfolios can decrease your overall portfolio volatility.
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Is Alkami Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alkami Technology. If investors know Alkami will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alkami Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.67) | Revenue Per Share 2.815 | Quarterly Revenue Growth 0.285 | Return On Assets (0.09) | Return On Equity (0.19) |
The market value of Alkami Technology is measured differently than its book value, which is the value of Alkami that is recorded on the company's balance sheet. Investors also form their own opinion of Alkami Technology's value that differs from its market value or its book value, called intrinsic value, which is Alkami Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alkami Technology's market value can be influenced by many factors that don't directly affect Alkami Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alkami Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alkami Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alkami Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.