JP Morgan Rates Alkami Technology (ALKT) buy, $19 Price Target

JP Morgan maintains its buy rating on Alkami Technology with a $19 price target, a 16.74% upside from the current price.

By EarningsIQ Research Desk · Published Jun 22, 2026, 10:01 AM EDT · Updated Jun 25, 2026, 11:01 AM EDT

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JP Morgan rated Alkami Technology, Inc. ($ALKT) "buy" with a $19 price target on June 22, 2026.

Since the rating, $ALKT is up 16.5% after 1 week, up 12.9% after 1 month and down 5.9% to date (from the $14.59 close on Jun 22, 2026).

ALKT Alkami Technology, Inc.

$13.73 -39.46% year to date

Daily close · Oct 16, 2026

Key Points

JP Morgan reiterated its buy rating on Alkami Technology, Inc. (ALKT) with a price target of $19 on June 22, 2026.
JP Morgan's $19 price target implies 16.74% upside from Alkami Technology, Inc.'s ($ALKT) current $16.27 share price.
Alkami Technology's shares traded near $14.68 on Monday with a market cap of approximately $1.57 billion.
General Atlantic, L.P. and North Reef Capital Management LP increased their holdings in Alkami Technology, Inc.

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JP Morgan reiterated its buy rating on Alkami Technology, Inc. (NasdaqGS: ALKT) on June 22, 2026. The firm set a price target of $19 for the software company, which provides cloud-based digital platforms for financial institutions.

Analyst rating track record

JP Morgan vs. the S&P 500

YTD return -6.18% hypothetical

All-time return +29.83% S&P 500 +38.80%

vs. S&P 500 -8.97% behind the index

Hypothetical returns from JP Morgan's disclosed trades, not real profit or advice. How we model this.

Analysts Set New Price Targets

On June 22, 2026, JP Morgan maintained its buy rating on Alkami Technology, setting a price target of $19. Earlier this year, Citizens also maintained a buy rating with a higher target of $23 on April 30, 2026. Barclays held its rating at hold with a $21 target in February. The consensus among analysts is a buy recommendation with an average price target of $21.38.

Other Institutional Activity in Alkami Technology

General Atlantic, L.P. increased its holdings in Alkami Technology by 3,346,015 shares, bringing its total to 15,337,495 shares valued at about $240.3 million. North Reef Capital Management LP made a significant increase of 5,550,000 shares, now holding 7,650,000 shares worth approximately $119.9 million. BlackRock, Inc. added 207,977 shares, ending with 5,885,203 shares valued around $92.2 million. Meanwhile, Vanguard Portfolio Management LLC opened a new position with 4,682,285 shares worth about $73.4 million.

Alkami Technology, Inc. Stock Down 14.9%

As of Monday, shares of Alkami Technology, Inc. (NasdaqGS: ALKT) traded near $14.68. The company has a market cap of approximately $1.57 billion and a forward P/E ratio of 13.01. Alkami's stock has seen a 52-week low of $14.11 and a high of $31.08, with current 50-day and 200-day moving averages at $16.56 and $19.77, respectively. The company maintains a current ratio of 2.30 and a quick ratio of 1.75, with a debt-to-equity ratio of 96.64.

12-month forecast

$ALKT price target

Alkami Technology, Inc. daily closes and this analyst's $19 target. Not advice.

Insider Buying and Selling at Alkami Technology, Inc.

Recently, several insiders sold shares of Alkami Technology. CEO Alex Shootman sold 16,188 shares on June 8, 2026, at an average price of $15.85. Earlier, on June 1, 2026, Chief Legal Officer Douglas Linebarger, CEO Alex Shootman, CFO Cassandra Hudson, and Chief Accounting Officer Prerna Sachdeva sold shares at an average price of $18.95.

About Alkami Technology

Alkami Technology, Inc. offers a cloud-based digital sales and service platform tailored for financial institutions in the United States. Its platform includes digital banking, onboarding, account opening, and data marketing modules, enabling banks and credit unions to enhance user engagement and operational efficiency. Headquartered in Plano, Texas, the company was founded in 2009 and is led by CEO Alex P. Shootman, employing around 1,225 people.

Bottom Line

JP Morgan's reaffirmation of its buy rating on Alkami Technology, Inc. reflects continued confidence in the company's growth potential. Investors and analysts closely watch these ratings and price targets to gauge market sentiment. Remember, analyst ratings are forward-looking opinions and not guarantees of future performance.