Alkami Technology, Inc. provides cloud-based digital banking solutions in the United States. The company’s Alkami Digital Banking Platform allows financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of a 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.
Valuation Insights | Analyst price targets range from $31 to $46, reflecting high growth expectations amid scrutiny of Alkami's premium valuation and path to sustained profitability |
Market Opportunity | Delve into Alkami's $14 billion addressable market, driven by increasing demand for digital banking solutions and evolving consumer preferences |
Financial Milestones | Explore Alkami's impressive Q3 2024 results, surpassing expectations with 27% YoY revenue growth and positive adjusted EBITDA for five consecutive quarters |
Digital Banking Pionee | Alkami Technology leads the cloud-based digital banking solutions market, experiencing robust growth and attracting significant investor attention |

Metrics to compare | ALKT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipALKTPeersSector | |
|---|---|---|---|---|
P/E Ratio | −50.5x | −13.0x | 12.4x | |
PEG Ratio | −5.49 | 0.17 | 0.01 | |
Price / Book | 6.3x | 7.8x | 2.4x | |
Price / LTM Sales | 5.4x | 4.2x | 2.4x | |
Upside (Analyst Target) | 49.8% | 54.6% | 20.4% | |
Fair Value Upside | Unlock | 14.0% | 4.1% | Unlock |