ALKT
Alkami Technology, Inc.

Alkami Technology, Inc.ALKT

Technology · Software - Application
13.89USD
-1.07%
Oct 05, 2026
ALKT overview ready
Alkami is a focused cloud-platform vendor to U.S.
Narrative is still early
Exposed to the Financial Institution Digital Modernization narrative through Digital Banking, Account Opening and Relationship-Growth Platforms — pure play.
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Dependence on continued adoption of digital banking platforms by financial institutions.
Market Oct 2Filing Jun 30Price action Oct 4Research Sep 17

Conviction Level

NarrativeHeat5.3ThemeHeat6.3PriceAction3.4Valuation4.1CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$1.5B
Avg Volume (60D)
1.7M
60 sessions
Revenue Growth YoY
+32.9%
FY2025 vs FY2024
Gross Margin
+57.4%
Trailing twelve months
Operating Margin
-7.3%
Trailing twelve months
Free Cash Flow Yield
+4.3%
Distance from 200DMA
-23.0%
Next Earnings
2026-10-28
P/E
N/M
EV / Sales
3.6x
Market metrics as of Oct 2, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

The available comparisons disagreed; the intrinsic comparison is the more reliable method for this business and the others are published as dissent.
Alkami Technology, Inc. has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.

Company Research

Thesis
Alkami is a focused cloud-platform vendor to U.S. Banks and credit unions, providing the digital engagement layer from account opening and onboarding through retail and business banking, behavioral analytics, data and marketing.
Opportunity
Moderate opportunity
Banks and credit unions are replacing fragmented digital channels and onboarding workflows with integrated cloud platforms that acquire customers, open and fund accounts, support consumer and commercial digital banking, and use data to deepen relationships.
Key risk
Dependence on continued adoption of digital banking platforms by financial institutions.

Narrative & Theme

Financial Institution Digital Modernization
Part of Digital Banking, Account Opening and Relationship-Growth Platforms, with strong fit.
ALKT has direct, recurring-revenue exposure to a real multi-vendor modernization budget: smaller and midsize financial institutions need competitive digital account opening, mobile and online banking, commercial-bank workflows, connectivity, and customer-engagement tooling.
Narrative HeatNeutral5.3 / 10
Theme HeatNeutral6.3 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Software - Application
What they do

Alkami Technology, Inc. provides a cloud-based digital sales and service platform that helps financial institutions in the U.S. Onboard and engage customers, accelerate revenue, and improve operational efficiency through a multi-tenant architecture.

How it earns

The company generates revenue primarily through subscription-based licensing of its digital banking platform and related modules.

Products & services
Alkami digital banking platform
Onboarding & account opening module
Data & marketing modules
Customers & end markets
Community credit unions
Regional credit unions
Super-regional credit unions
Banks
Market position

Alkami is positioned as a specialized provider of cloud-based digital banking platforms serving mid-sized to large financial institutions.

Demand drivers
Low cyclicality

Demand for digital banking platforms is relatively stable and driven by ongoing digital transformation in financial services rather than economic cycles.