$ALKT

Alkami Technology (Nasdaq: ALKT) reported that its customers prevented over $263 million in fraud in 2025 using BioCatch's behavior-based fraud prevention. The partnership helped institutions like Gate City Bank and Raiz Federal Credit Union detect and deter fraudulent activities, with Gate City Bank reporting a 97% account takeover capture rate and $650K in deterred fraud loss over six months.

Alkami Technology announced Prerna Sachdeva's resignation as chief accounting officer, effective November 2, 2026. Cassandra Hudson will serve as interim principal accounting officer starting November 3, 2026. The company is searching for a permanent replacement.

ALKAMI TECHNOLOGY, INC. (ALKT) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 2, 2026, Prerna Sachdeva, Chief Accounting Officer and principal accounting officer of Alkami Technology, Inc.

Alkami Technology (ALKT) decided to remain independent, causing a 20% stock drop. JPMorgan downgraded it to Underweight. The company reports strong recurring revenue growth, expanding margins, and bank expansion. Needham raised its price target to $25. JPMorgan argues ALKT should be valued against Q2 Holdings, warranting a discount. Hedge funds show mixed signals. The focus is now on execution and growth.

Citizens maintained a Market Outperform rating and $24.00 price target for Alkami Technology (ALKT). The company's board completed a strategic review and decided to remain independent. Alkami's Q2 2026 revenue rose 15.9% to $129.8M, but it reported a loss of $0.08 per share, missing estimates. JPMorgan downgraded ALKT to Underweight with a $14.00 target, while Needham raised its target to $25. The stock is down 37% YTD.

Alkami Technology (ALKT) shares fell 18.7% to $14.71 in pre-market trading after its sale process failed to secure a deal, erasing the M&A premium. Activist investor Jana Partners criticized the process, and analysts have cut price targets. The stock is near its 52-week low, with no near-term catalysts. Broader market weakness also contributed to the decline.

Alkami Technology (ALKT) shares dropped 10% after its board decided to remain independent following a strategic review. The company reaffirmed its full-year revenue guidance of $528M-$531M and adjusted EBITDA of $96M-$98M, focusing on long-term growth. Investors may be disappointed by the lack of a premium-generating transaction.

Wall Street analysts updated price targets and ratings for several companies. Baird cut Chipotle's (CMG) target to $40 and downgraded it to Neutral. HC Wainwright raised LB Pharmaceuticals' (LBRX) target to $60. BTIG increased AtriCure's (ATRC) target to $55. Baird also raised Analog Devices' (ADI) target to $675 and upgraded Darden Restaurants' (DRI) target to $250. Other notable changes include updates for Black Rock Coffee Bar (BRCB), Marti Technologies (MRT), Alkami Technology (ALKT), Chenie

Alkami Technology (Nasdaq: ALKT) said Strata Credit Union selected Alkami’s Digital Banking Platform to modernize its mobile-first consumer digital banking. The partnership aims to integrate payments, transfers, card management, financial wellness tools, and security, using an open architecture to support ongoing innovation. The firms expect improved member engagement and personalized insights.

Alkami Technology (ALKT) reported Q2 2026 ARR of $511.7 million (+21% YoY) and total revenue of $129.8 million (+15.9% YoY). Non-GAAP gross margin was 63.0% and adjusted EBITDA was $19.4 million. Q3 revenue guidance is $132.7 million to $134.2 million; full-year 2026 revenue guidance is $528 million to $531 million. Bank clients under contract: 54.