Why Alkami Technology, Inc. (ALKT) stock fell 17.6% on Thursday, October 29, 2026
Alkami Technology, Inc. (ALKT) traded at $12.79 as of 11:31 AM ET, down 17.64% on Thursday, October 29, 2026, on volume of 2,640,867 shares (1.5× its 3-month average); market value about $1.40B.
What happened: primary sources
Events Nexqual found for ALKT on Thursday, October 29, 2026 or the trading day before (October 28, 2026):
- Oct 28, 2026: Reported Q3 2026 results: EPS −$0.06 vs consensus $0.20 (miss), revenue $134.9M vs consensus $133.5M (beat). Guidance: Alkami expects Q4 2026 revenue of $139.7 million to $141.2 million and full-year 2026 revenue of $530.5 million to $532.0 million. source
- Oct 29, 2026: Citizens: Downgrade, Market Outperform → Market Perform
- Oct 29, 2026: Keybanc: Downgrade, Overweight → Sector Weight
- Oct 29, 2026: Needham: Target lowered, Buy, price target $25 → $20
- Oct 29, 2026: One of 3 Software - Application stocks among the day's biggest losers (NOW, ALKT, TEAM), with no comparable group among the biggest gainers
These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.
More on ALKT
ALKT stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Other big moves that day: October 29, 2026.
Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built October 29, 2026 at 16:09 UTC. Not investment advice.
Data source: Nexqual. Last updated: October 29, 2026 at 16:09 UTC. This page is informational and not investment advice.
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