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The latest update is out from Bakkt Holdings, Inc. Class A ( (BKKT) ).
On October 31, 2025, David Clifton, a founding board member and former interim CEO of Bakkt Holdings, Inc., resigned from the company’s board. His departure marks a strategic transition as Bakkt moves towards an independent board under the leadership of CEO Akshay Naheta. Intercontinental Exchange (ICE), a major shareholder, continues to support Bakkt, indicating confidence in its future growth and transformation.
The most recent analyst rating on (BKKT) stock is a Hold with a $22.50 price target. To see the full list of analyst forecasts on Bakkt Holdings, Inc. Class A stock, see the BKKT Stock Forecast page.
Spark’s Take on BKKT Stock
According to Spark, TipRanks’ AI Analyst, BKKT is a Neutral.
Bakkt Holdings, Inc. faces significant financial challenges, particularly in profitability and cash flow, which weigh heavily on its overall score. While technical indicators suggest potential for upward movement, the negative valuation metrics and short-term challenges highlighted in the earnings call limit the stock’s attractiveness. Strategic initiatives and capital raising efforts provide some long-term optimism.
To see Spark’s full report on BKKT stock, click here.
More about Bakkt Holdings, Inc. Class A
Founded in 2018, Bakkt Holdings, Inc. is a company that provides solutions for institutional participation in the digital asset economy. The company focuses on Bitcoin, tokenization, stablecoin payments, and AI-driven finance, positioning itself at the center of a transformation in financial infrastructure. Bakkt is headquartered in New York, NY.
Average Trading Volume: 2,602,674
Technical Sentiment Signal: Buy
Current Market Cap: $530.9M
See more data about BKKT stock on TipRanks’ Stock Analysis page.