Alkami Technology Inc (ALKT)

Alkami Technology, Inc. (ALKT) stock has experienced a notable decline in the past six months. From October 16, 2024, to October 15, 2025, the share price decreased by 31.86%, and as of October 23, 2025, the stock had lost 36.6% year to date. In Q2 2025 earnings, Alkami reported second-quarter earnings where EPS and revenues exceeded analyst expectations, achieving total revenue of $112.1 million, representing 36% year-over-year growth, and subscription revenue grew 35%. In Q4 2024 earnings, Alkami issued Q4 earnings, reporting an EPS of -$0.05, which missed the consensus estimate of $0.08. Alkami Technology, Inc. is expected to report its third-quarter 2025 financial results on October 30, 2025. In the past three months, Alkami Technology insiders have bought significantly more company stock than they have sold, however, insider selling was noted in September 2025.

Alkami Technology, Inc. provides cloud-based digital banking solutions, and the demand for its products and services appears to be driven by ongoing industry trends rather than significant seasonality. There is a robust demand for digital transformation among regional and community financial institutions. Digital banking is considered a mandatory innovation, and the number of digital accounts continues to grow, indicating a consistent and increasing need for modern technology and user experience in the financial services sector. The company's Software-as-a-Service (SaaS) model and focus on digital transformation suggest a steady, recurring revenue stream with less susceptibility to pronounced seasonal fluctuations.

Alkami Technology, Inc. operates in the Technology sector, specifically in the Software - Application industry, often categorized under Financial Technology (FinTech). Its core product is the Alkami Digital Banking Platform, a proprietary, cloud-based, and multi-tenant architecture. The platform provides an end-to-end suite of digital banking software products that integrate with core system providers and other third-party FinTech solutions. The platform includes digital account opening which streamlines the process for new users. Marketing tools engage users and promote services. Data insights provides analytics to understand user behavior and inform strategy. Card experience enhances the management and use of cards. Money movement facilitates transactions and transfers. Customer service improves support capabilities for financial institutions. Business banking provides tailored solutions for business clients. Financial wellness provides tools to help users manage their finances. Security and fraud protection features safeguard accounts and transactions. Extensibility allows for integration with other systems.

Alkami Technology, Inc. is headquartered in Plano, Texas, United States, and primarily serves financial institutions across the United States. Alkami has employees across four continents, including North America, Asia, and Europe, indicating a broader operational reach for its workforce.

Alkami Technology, Inc. has maintained a strong brand reputation in the past year, marked by significant industry recognition and strategic partnerships. Alkami was named to the prestigious 2025 IDC FinTech Rankings Top 50, recognizing it as one of the leading global technology providers in the financial services industry. The company received J.D. Power certification for "An Outstanding Mobile Banking Platform Experience" in both 2024 and 2025. Alkami has announced several partnerships and client acquisitions, including with Hanscom Federal Credit Union, Mascoma Bank, and Financial Center First Credit Union, demonstrating its expanding footprint and commitment to innovative digital banking solutions. Alkami released its "Generational Trends in Digital Banking Consumer Study" and the "2025 Update to the Retail Digital Sales & Service Maturity Model," showcasing its commitment to understanding market dynamics and providing valuable insights to financial institutions.

Alkami Technology, Inc. has a substantial institutional ownership base, with 536 institutional owners holding a total of 117,895,222 shares. Major institutional owners include General Atlantic LLC, Vanguard Group Inc, SMCWX - SMALLCAP WORLD FUND INC Class A, Capital International Investors, BlackRock, Inc., Alliancebernstein L.p., Champlain Investment Partners, LLC, ArrowMark Colorado Holdings LLC, Janus Henderson Group Plc, and Riverbridge Partners Llc. General Atlantic LLC is also identified as the largest individual Alkami Technology shareholder, owning 18.73 million shares, representing 18.00% of the company. Overall, 54.97% of the stock is held by institutions, and 18.10% by insiders.