KeyBanc 'Most Positive' on Alkami Technology Inc (ALKT) Following Survey

KeyBanc analyst Alex Markgraff reiterated an Overweight rating and $40.00 price target on Alkami Technology Inc (NASDAQ: ALKT) following 1H25 Bank Software Customer Survey.

The analyst commented: "Our survey screened most positive for Alkami (ALKT) on several fronts, most notably around the high degree of consideration received from respondents intending to run an RFP to select a new digital banking software vendor. The Company scored best in retail digital banking, taking the top spot, but also showed well in commercial against vendors like Q2 (QTWO) and FIS. Perhaps most importantly, Alkami received a high level of consideration among bank respondents (vs. core credit union customer base), which increases our conviction in bank bookings momentum and associated growth in out years. Modernization priorities among respondents align well with Alkami product offerings, with recently acquired MANTL solving for accounting opening/client onboarding and Segmint solving for data insights. These three functions were the top-cited priorities in 2025 and 2026. Finally, demand for additional product from digital banking vendors (retail and commercial) bodes well for the cross-sell function at ALKT in 2025 and 2026, in our view."

For an analyst ratings summary and ratings history on Alkami Technology Inc click here. For more ratings news on Alkami Technology Inc click here.

Shares of Alkami Technology Inc closed at $29.24 yesterday.

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