Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Alkami Technology ( (ALKT) ) just unveiled an update.
On April 29, 2026, Alkami Technology reported first-quarter 2026 results showing GAAP revenue of $126.1 million, up 28.9% year over year, with non-GAAP gross margin steady at 64.4% and adjusted EBITDA rising to $22.3 million despite a wider GAAP net loss of $10.0 million. Management highlighted strong client and user growth, including six new digital banking and 14 new MANTL clients, 2.5 million additional registered users over the past 12 months to reach 23.0 million, and annual recurring revenue of $493.6 million, underscoring the scalability of its model and momentum in its Digital Sales & Service Platform.
The board on April 23, 2026 authorized a share repurchase program of up to $100 million, adding opportunistic buybacks to a capital allocation strategy that also emphasizes acquisitions and balance sheet deleveraging. Alkami also published an investor presentation and issued financial guidance for the second quarter and full-year 2026, signaling confidence in continued double-digit revenue growth and strengthening profitability, developments that may bolster its competitive position in digital banking and support shareholder value over time.
The most recent analyst rating on (ALKT) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on Alkami Technology stock, see the ALKT Stock Forecast page.
Spark’s Take on ALKT Stock
According to Spark, TipRanks’ AI Analyst, ALKT is a Neutral.
The score is driven primarily by improving cash generation and a positive earnings-call outlook (ARR/backlog momentum and guided EBITDA margin expansion). Offsetting this are continued GAAP losses and higher balance-sheet leverage, plus bearish technical signals with the price below major moving averages.
To see Spark’s full report on ALKT stock, click here.
More about Alkami Technology
Alkami Technology, Inc. is a Plano, Texas-based provider of cloud-based digital banking solutions for U.S. banks and credit unions, delivering a unified digital sales and service platform that integrates onboarding, digital banking, and data-driven marketing and analytics. Its technology is designed to help financial institutions onboard, engage, and grow customer relationships as the industry shifts toward anticipatory, data-informed banking models.
Average Trading Volume: 1,965,857
Technical Sentiment Signal: Sell
Current Market Cap: $1.69B
Find detailed analytics on ALKT stock on TipRanks’ Stock Analysis page.