Alkami Technology AI Price Prediction

Financial Performance

Alkami Technology reported a revenue of $85.9M, marking an increase of 4.6% from the previous quarter and a substantial growth of 20.4% year over year. The gross profit was at $50.6M, reflecting similar trends as the revenue with a rise of 27.9% YoY and 4.6% QoQ respectively. However, their operating income showed a loss of -$10.4M, although this figure has improved by 20.2% from the last quarter and by 20.1% YoY indicating that Alkami is making progress towards profitability despite currently operating at a loss.

Stock Price

The stock price is currently trading at $35.59 which indicates a drop by -10.1% in the last month but it's still above its 200-day moving average value of $32.13 suggesting overall bullish trend in long term despite recent pullback . The RSI value being at 44 suggests neither overbought nor oversold conditions.

Alternative Data Signals

Web traffic shows significant growth with an estimated monthly visitor count of approximately 70916, up by 23.% MoM and an impressive increase of more than double (136%) YoY indicating strong engagement with their platform which could translate to future business growth.The number job postings are down both MoM (-30%) and YoY (-15%), potentially suggesting cost-saving measures or slower expansion plans.Although there seems to be positive sentiment among employees as about three quarters (78%) report having positive outlook for the company which is also growing (+1%, +9%). Social media followership numbers show steady growth across all platforms (Twitter: +0%, Instagram: +19%, Facebook: +4%).

Conclusion

In conclusion, while Alkami Technology's stock has seen a recent dip in price, the company's financial performance shows promising revenue and gross profit growth. The alternative data signals show strong user engagement and employee morale, despite the decrease in job postings. Therefore, this analysis is moderately bullish on Alkami Technology's stock.