Alkami Technology, Inc. (NASDAQ:ALKT) Given Average Rating of “Buy” by Brokerages

Shares of Alkami Technology, Inc. (NASDAQ:ALKT) have earned an average rating of “Buy” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $48.43.

A number of research firms recently weighed in on ALKT. JMP Securities began coverage on shares of Alkami Technology in a research report on Monday, May 10th. They issued an “outperform” rating and a $50.00 price objective on the stock. KeyCorp began coverage on shares of Alkami Technology in a research report on Monday, May 10th. They issued an “overweight” rating and a $50.00 price objective on the stock. Barclays began coverage on shares of Alkami Technology in a research report on Monday, May 10th. They issued an “equal weight” rating and a $47.00 price objective on the stock. UBS Group began coverage on shares of Alkami Technology in a research report on Monday, May 10th. They issued a “buy” rating and a $50.00 price objective on the stock. Finally, William Blair started coverage on shares of Alkami Technology in a research report on Monday, May 10th. They issued an “outperform” rating on the stock.

Alkami Technology stock traded down $1.78 during midday trading on Monday, reaching $29.24. The stock had a trading volume of 953,671 shares, compared to its average volume of 264,767. Alkami Technology has a 52-week low of $28.47 and a 52-week high of $49.32.

About Alkami Technology

Alkami Technology, Inc offers a cloud-based digital banking platform to serve banks and credit unions in the United States. The company's platform allows financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of a proprietary, cloud-based, multi-tenant architecture.

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Analyst Recommendations for Alkami Technology (NASDAQ:ALKT)

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