ALKT
ALKAMI TECHNOLOGY, INC.
Research: Finviz ↗·Perplexity ↗
No convergence signal this quarter — shown because tracked funds have filed 13D/G on this stock.
News Summary
NeutralAlkami reported a strong Q2 2026 with revenue beat and raised full-year guidance, featuring 21% ARR growth and expanded Plaid partnership, but the company has launched a formal sale process amid activist pressure from Jana Partners. Analyst price targets had been cut sharply earlier in 2026 (from $25–$40 range down to $18–$28) on growth durability concerns, though sentiment stabilized post-earnings with consensus 'Buy' ratings and $22+ average price targets.
Red flags
- •Earnings miss on EPS (8c reported vs. 16c consensus) despite revenue beat and guidance raise
- •Multiple significant analyst price target cuts in first half of 2026 citing growth concerns and SaaS multiple compression
- •Formal sale process launched under activist pressure may indicate management/board pressure rather than organic strategic choice
- •Q3 guidance midpoint ($133.45M) comes in slightly below consensus ($134.02M)
Fund 13D/13G Filings (3)
Tracked funds' beneficial-ownership filings on this stock — disclosed within days of a position change, fresher than the quarterly 13F. Since Filing compares the stock to SPY from the filing date (shown for filings within the last 90 days).
| Fund | Form | ∆ Shares | % of Class | Since Filing | Filed | Src |
|---|---|---|---|---|---|---|
| Jana Partners | SC 13D | +1.4M | 6.3% | +14.2% vs SPY +17.1% abs | 2026-06-29 | ↗ |
| Jana Partners | SC 13D/A | −92K | 5.0% | +11.9% vs SPY +16.9% abs | 2026-05-12 | ↗ |
| Jana Partners | SC 13D | NEW | 5.1% | — | 2026-04-01 | ↗ |