Alkami Technology (ALKT): Jana Lauds Organic Top Line Growth

Core Insights - Alkami Technology, Inc. (NASDAQ:ALKT) is viewed as an undervalued stock with potential for significant growth, particularly as an attractive target for private equity due to its organic growth and customer retention [2][3] Financial Performance - For Q4 2025, Alkami expects revenue between $119.6 million and $121.1 million, with adjusted EBITDA projected between $16.1 million and $17.1 million [3] - For the full year 2025, revenue guidance is set at $442.5 million to $444 million, with adjusted EBITDA guidance of $56 million to $57 million [3] Investment Perspective - Activist investor Jana Partners has taken a stake in Alkami, advocating for the company to consider a sale due to its current undervaluation and significant share price drop of nearly 40% this year [2] - Alkami's strong organic top-line growth and high customer retention rate make it a compelling investment opportunity [2]