Why ALKT fell 20.0% on Oct 29 2026: earnings miss
ALKT-20.0%on Thu Oct 29 2026
Alkami Technology, Inc. Common Stock was down 20.0% on the day at $12.42, ranked #7 on 6.8× its usual five-minute volume, when TapeRank recorded this drop at 12:33 ET during regular hours.
THE DAY ON THE LIST · 1 EVENT
- 12:33 ETMOVER · REGULAR
$12.42 · ▼ 20.0% ON THE DAY · 6.8× 5M RVOL · RANK #7
JUSTIFIEDCONFIDENCE5/5Alkami is down 20.6% after a quarterly EPS miss, modest guidance changes, and multiple analyst downgrades. The earnings miss and sharply negative analyst reaction provide a concrete catalyst consistent with a large repricing, despite revenue beating estimates.
WHYA 20.6% decline is large, but it is proportionate to an EPS miss followed by two downgrades and lower price-target commentary rather than unsupported order flow.ANALYZED 12:35 ET · <1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 12:33 ET
LAST12.42DAY▼ 20.0%5 MIN▼ 1.55%5M RVOL6.8×5M $VOL$649KFLOAT*106.9MRANK#7SESSIONREGULARVWAP13.04HOD14.75LOD12.42OR HIGH13.84OR LOW13.03PREV CLOSE15.53PM HIGH14.75PM LOW13.24GAP▼ 11.53%* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
THE SESSION
- 09:30 ETOpened at $13.74, -11.5% on the previous close of $15.53
- 09:30 ETRegular-session high, $13.84
- 12:52 ETRegular-session low, $12.10
- 15:59 ETLast trade of the regular session, $12.69, -18.3% on the previous close of $15.53
- Volume: 7.4M shares in regular hours, 46K before the open
ALKT opened at $13.74, briefly reached $13.84, and then fell to $12.10 by 12:52 ET before recovering to $12.69 at the regular-session close. TapeRank read the decline as justified by a quarterly earnings miss, modest guidance changes, and sharply negative analyst reactions, including downgrades from KeyBanc and Citizens and a lower valuation view from Needham, despite revenue beating estimates. The stock finished 18.3% below the previous close on 7.4 million shares, with no halts.
WRITTEN THU OCT 29 2026 16:00 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
- 11:16 ETCitizens Downgrades Alkami Technology to Market PerformBenzinga
- 08:34 ET10-Q — Quarterly reportSEC 10-Q
- 08:22 ETKeybanc Downgrades Alkami Technology to Sector WeightBenzinga
- 07:13 ETNeedham Maintains Buy on Alkami Technology, Lowers Price Target to $20Benzinga
- WED 17:24 ETUPDATE: Alkami Technology Q3 Adj. EPS $0.237 Beats $0.20 Estimate, Sales $134.900M Beat $133.481M EstimateBenzinga
- WED 16:32 ETAlkami Technology Raises FY2026 Sales Guidance from $528.000M-$531.000M to $530.500M-$532.000M vs $529.810M EstBenzinga
On the tape right now
WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
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