JP Morgan initiated coverage on Alkami Technology with a new price target
$ALKT
Computer Software: Prepackaged Software
Technology
JP Morgan initiated coverage of Alkami Technology with a rating of Overweight and set a new price target of $15.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/13/2025 | $40.00 | Equal-Weight → Overweight | Stephens |
| 1/23/2024 | $23.00 → $27.00 | Buy → Neutral | Goldman |
| 12/7/2023 | $22.00 → $24.00 | Overweight → Equal-Weight | Stephens |
| 7/12/2023 | $21.00 | Buy | Goldman |
| 6/27/2023 | $21.00 | Buy | Lake Street |
| 6/8/2023 | $25.00 | Buy | Craig Hallum |
| 5/9/2023 | $15.00 | Overweight | JP Morgan |
| 9/15/2022 | $18.00 | Overweight | Stephens |
4 - ALKAMI TECHNOLOGY, INC. (0001529274) (Issuer)
4 - ALKAMI TECHNOLOGY, INC. (0001529274) (Issuer)
4 - ALKAMI TECHNOLOGY, INC. (0001529274) (Issuer)
PLANO, Texas, March 10, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced the pricing of its offering of $300,000,000 aggregate principal amount of 1.50% convertible senior notes due 2030 (the "notes") in a private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The issuance and sale of the notes are scheduled to settle on March 13, 2025, subject to customary closing conditions. Alkami also granted the initial purchasers of t
PLANO, Texas, March 10, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced its intention to offer, subject to market and other conditions, $300,000,000 aggregate principal amount of convertible senior notes due 2030 (the "notes") in a private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Alkami also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and
Focused on innovation and member financial wellness, AEFCU will deliver a streamlined and personalized digital experience PLANO, Texas, March 5, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today that Connecticut-based American Eagle Financial Credit Union (AEFCU or American Eagle), has signed on to leverage the innovation and user experience in Alkami's Digital Banking Platform. This partnership reflects AEFCU's dedication to enhancing its digital-first strategy and creating an exceptional, member-centered digital banking experience.
Stephens upgraded Alkami Technology from Equal-Weight to Overweight and set a new price target of $40.00
Goldman downgraded Alkami Technology from Buy to Neutral and set a new price target of $27.00 from $23.00 previously
Stephens downgraded Alkami Technology from Overweight to Equal-Weight and set a new price target of $24.00 from $22.00 previously
SC 13G/A - ALKAMI TECHNOLOGY, INC. (0001529274) (Subject)
SC 13G/A - ALKAMI TECHNOLOGY, INC. (0001529274) (Subject)
SC 13G - ALKAMI TECHNOLOGY, INC. (0001529274) (Subject)
8-K - ALKAMI TECHNOLOGY, INC. (0001529274) (Filer)
10-K - ALKAMI TECHNOLOGY, INC. (0001529274) (Filer)
8-K - ALKAMI TECHNOLOGY, INC. (0001529274) (Filer)
Alkami Today Also Announced Its Intent to Acquire MANTL PLANO, Texas, Feb. 27, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions (FIs) in the U.S., today announced results for its fourth quarter ending December 31, 2024. Fourth Quarter 2024 Financial Highlights GAAP total revenue of $89.7 million, an increase of 25.6% compared to the year-ago quarter;GAAP gross margin of 59.3%, compared to 56.0% in the year-ago quarter;Non-GAAP gross margin of 63.1%, compared to 60.3% in th
Combination Creates Powerhouse Digital Sales and Service Platform PLANO, Texas, Feb. 27, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it signed a definitive agreement to acquire Fin Technologies, Inc. ("MANTL") for an enterprise value of $400 million, on a debt free, cash free basis and subject to customary purchase price adjustments, expected to be $7 million. Alkami plans to fund the acquisition with cash of approximately $380 million and restricted stock units issued to continuing MANTL employees with an estimated value of $13 million at transacti
PLANO, Texas, Feb. 17, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it plans to report financial results for its fourth quarter ended December 31, 2024 on Thursday, February 27, 2025, after the market close. Alkami will host a conference call at 5:00 p.m. ET the same day to discuss its financial results with investors. A live webcast of the event will be available on the Alkami investor relations website at investors.alkami.com. In add
Fostering an inclusive environment for people to engage, network, and grow in the financial services industry PLANO, Texas, Feb. 6, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., is excited to announce the 3rd annual Women in Banking event, taking place during the Alkami Co:lab 2025 conference in Nashville, TN. This signature event brings together banking professionals across multiple disciplines to celebrate and empower women in the financial services secto
Industry leaders and visionaries to gather for premier digital banking event; highlight is keynote speaker Jason Dorsey and other financial services experts PLANO, Texas, Jan. 29, 2025 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ:ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., proudly announces Alkami Co:lab 2025, scheduled to take place March 31 - April 2, 2025 in Nashville, TN. This premier event will encompass attendees from the industry's leading community banks, credit unions, fintech providers, consultants, and analyst firms to lead, learn, network, and collaborate to drive banking forward.