Alkami Technology (NASDAQ:ALKT) Issues Earnings Results, Misses Estimates By $0.26 EPS

Alkami Technology (NASDAQ:ALKT) announced its quarterly earnings data on Wednesday. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.26), FiscalAI reports. Alkami Technology had a negative net margin of 10.63% and a negative return on equity of 5.73%. The company had revenue of $120.79 million for the quarter, compared to analysts’ expectations of $120.14 million.

Here are the key takeaways from Alkami Technology’s conference call:

• Alkami reported a strong 2025 with 33% full-year revenue growth, ARR up 35% to $480M, adjusted EBITDA more than doubling to $59.1M, and $71M of ARR backlog pending implementation.
• The MANTL acquisition and the integrated Digital Sales & Service Platform (DSSP) materially boosted cross‑sell — DSSP deals delivered a ~30% ARR uplift and the number of clients buying all three products rose from 11 to 45 in 2025.
• 2026 guidance calls for $525.5M–$530.5M revenue (18.5%–19.6% growth) and adjusted EBITDA margin expansion to ~18% (midpoint), implying slower top‑line growth but continued margin improvement; management expects most of the $71M backlog to launch within 12 months.
• Management highlights AI initiatives (fraud models, Segment engine, upcoming Code Studio, and a data lake) and early internal AI gains — including an 18% developer productivity increase and time savings in implementation/support — as potential long‑term revenue and efficiency drivers.
• Near‑term headwinds include a temporary ~$2M increase in database licensing costs (unexpected vendor price jump), a modeled decline in termination fee revenue (75% drop), and slightly longer DSSP implementation timelines that may push some revenue into later quarters.

Alkami Technology Stock Performance

ALKT stock traded up $0.77 during midday trading on Wednesday, hitting $16.37. 2,279,812 shares of the company traded hands, compared to its average volume of 1,903,727. Alkami Technology has a twelve month low of $15.09 and a twelve month high of $31.66. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of -38.07 and a beta of 0.53. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.08. The business has a 50 day simple moving average of $20.29 and a 200-day simple moving average of $22.04.

More Alkami Technology News

Here are the key news stories impacting Alkami Technology this week:

• Positive Sentiment: Q4 revenue beat and profit metric improvement — Alkami reported Q4 GAAP revenue of $120.8M (above estimates) and large year-over-year revenue growth (34.7%); adjusted EBITDA rose to $19.1M from $10.2M a year ago, indicating improving underlying profitability. Read More.
• Positive Sentiment: Product/partner momentum — MANTL (an Alkami solution team) announced an integrated POS solution with MeridianLink, which could broaden distribution for Alkami-related customer acquisition and lending workflows. Read More.
• Neutral Sentiment: Short-interest data is uninformative — recent data entries show zero shares and NaN changes, so there’s no clear short-interest signal to explain intraday moves. (No actionable link available.)
• Neutral Sentiment: Scheduled coverage/earnings calendar — outlets flagged Alkami as scheduled to report, which may have amplified trading volume around the release. Read More.
• Negative Sentiment: FY‑2026 revenue guidance below street — Alkami guided FY‑2026 revenue to $525.5M–$530.5M versus the consensus ~$544.7M, a notable miss that explains downside pressure on forward expectations.
• Negative Sentiment: Q1‑2026 revenue guided below estimates and EPS guidance omitted — Q1 revenue was guided to $124.7M–$125.7M vs. consensus ~$127.2M, and the company did not provide EPS guidance, adding uncertainty around near-term profitability.
• Negative Sentiment: Quarterly EPS miss — Alkami reported GAAP EPS of ($0.11) vs. consensus $0.15, a material miss that weighs on investor sentiment despite the revenue beat; see the company materials for detail. Read More.

Analysts Set New Price Targets

Several brokerages recently issued reports on ALKT. Weiss Ratings reiterated a “sell (d-)” rating on shares of Alkami Technology in a report on Wednesday, January 21st. Zacks Research downgraded Alkami Technology from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Citizens Jmp reiterated a “market outperform” rating and set a $40.00 price target on shares of Alkami Technology in a report on Thursday, January 29th. The Goldman Sachs Group lowered their price target on Alkami Technology from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday, October 31st. Finally, JPMorgan Chase & Co. dropped their price objective on Alkami Technology from $38.00 to $22.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $32.29.

Insider Activity

In related news, insider Douglas A. Linebarger sold 8,179 shares of Alkami Technology stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $20.34, for a total value of $166,360.86. Following the transaction, the insider owned 221,751 shares in the company, valued at $4,510,415.34. This trade represents a 3.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 18.10% of the company’s stock.

Institutional Investors Weigh In On Alkami Technology

Hedge funds and other institutional investors have recently made changes to their positions in the business. North Reef Capital Management LP increased its position in shares of Alkami Technology by 1,545.7% during the fourth quarter. North Reef Capital Management LP now owns 2,100,000 shares of the company’s stock valued at $48,447,000 after purchasing an additional 1,972,396 shares during the period. Cadian Capital Management LP acquired a new stake in Alkami Technology during the fourth quarter worth $26,969,000. Janus Henderson Group PLC increased its holdings in Alkami Technology by 40.3% in the 4th quarter. Janus Henderson Group PLC now owns 3,208,436 shares of the company’s stock valued at $74,019,000 after buying an additional 921,055 shares during the period. Bamco Inc. NY raised its stake in shares of Alkami Technology by 80.6% in the 2nd quarter. Bamco Inc. NY now owns 1,330,484 shares of the company’s stock valued at $40,101,000 after buying an additional 593,659 shares in the last quarter. Finally, Praesidium Investment Management Company LLC raised its stake in shares of Alkami Technology by 30.4% in the 3rd quarter. Praesidium Investment Management Company LLC now owns 2,017,572 shares of the company’s stock valued at $50,116,000 after buying an additional 470,522 shares in the last quarter. 54.97% of the stock is owned by institutional investors and hedge funds.

Alkami Technology Company Profile

Alkami Technology, Inc is a provider of cloud-based digital banking and engagement solutions tailored for banks and credit unions. The company’s platform offers a comprehensive suite of online and mobile banking features, including bill payment, peer-to-peer transfers, card management, streamlined account opening and real-time alerts, all designed to enhance the end-user experience and drive customer loyalty.

Built on a multi-tenant, software-as-a-service (SaaS) architecture hosted in the cloud, Alkami’s platform leverages modern APIs and a partner ecosystem to integrate third-party fintech applications and services.