Bakkt Holdings, Inc. Class A (BKKT)
NYSE:BKKT
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BKKT Stock Chart & Stats
$13.97
-$1.14(-4.28%)
At close: 4:00 PM EST
$13.97
-$1.14(-4.28%)
Day’s Range― - ―
52-Week Range$6.87 - $49.79
Previous CloseN/A
Volume110.22K
Average Volume (3M)1.86M
Market Cap
$490.74M
Enterprise Value$110.81M
Total Cash (Recent Filing)$97.38M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta3.32
Next Earnings
Aug 06, 2026EPS Estimate
0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-11.59
Shares Outstanding44,612,328
10 Day Avg. Volume3,059,695
30 Day Avg. Volume1,856,861
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.61
Price to Sales (P/S)0.03
P/FCF Ratio-0.45
Enterprise Value/Market Cap0.23
Enterprise Value/Revenue0.07
Enterprise Value/Gross Profit0.23
Enterprise Value/Ebitda-0.85
Forecast
1Y Price Target
$20.00Price Target Upside43.16% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.9
Revenue Forecast (FY)$1.63B
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthA debt-free balance sheet with $82.6M liquidity and recent financing proceeds materially reduces refinancing and solvency risk over the next several quarters. This provides runway to fund integrations, partner onboarding and product launches without immediate reliance on dilutive capital, improving operational optionality.
In-house Stablecoin Rails (DTR)Bringing DTR’s payment rails and settlement engine in-house creates an integrated, 24/7 settlement capability that strengthens product differentiation. Unified rails improve margins and customer stickiness by enabling same-day fiat↔stablecoin flows and a planned H2 2026 upgrade expanding asset and product breadth.
Regulatory & Licensing FootprintA broad regulatory footprint and favorable U.S. stablecoin rulemaking lower barriers for institutional clients and partners. Regulated rails reduce legal friction when scaling cross-border settlement, supporting enterprise adoption and competitive positioning as regulators codify payment‑stablecoin frameworks.
Bears Say
Revenue Decline & Cash BurnSharp trailing revenue contraction combined with materially negative operating and free cash flow erodes runway and forces reliance on external funding or rapid monetization. Persistent cash burn constrains strategic investments, limits margin improvements and increases dilution or credit risk absent sustained top‑line recovery.
Ambitious TTV Targets Vs. Current ScaleA multi‑billion TTV ramp from current volumes requires fast, large-scale partner activations and sales conversion. Long institutional sales cycles and quarter‑by‑quarter integration timelines mean the target is execution‑intensive; failure to convert pipeline would leave revenue and margin assumptions unmet.
Integration, Near-term Costs & Regulatory DependenciesOngoing DTR integration, incremental professional services (~$2.5M) and jurisdictional compliance needs increase short‑term cost and operational risk. Pending approvals (e.g., India) and required SDK/API migrations add timing uncertainty that can delay partner monetization and prolong the path to scale.
Bakkt Holdings, Inc. Class A News
BKKT FAQ
What was Bakkt Holdings, Inc. Class A’s price range in the past 12 months?
Bakkt Holdings, Inc. Class A lowest stock price was $6.87 and its highest was $49.79 in the past 12 months.
What is Bakkt Holdings, Inc. Class A’s market cap?
Bakkt Holdings, Inc. Class A’s market cap is $490.74M.
When is Bakkt Holdings, Inc. Class A’s upcoming earnings report date?
Bakkt Holdings, Inc. Class A’s upcoming earnings report date is Aug 06, 2026 which is in 67 days.
How were Bakkt Holdings, Inc. Class A’s earnings last quarter?
Bakkt Holdings, Inc. Class A released its earnings results on May 11, 2026. The company reported -$0.41 earnings per share for the quarter, missing the consensus estimate of -$0.1 by -$0.31.
Is Bakkt Holdings, Inc. Class A overvalued?
According to Wall Street analysts Bakkt Holdings, Inc. Class A’s price is currently Undervalued.
Does Bakkt Holdings, Inc. Class A pay dividends?
Bakkt Holdings, Inc. Class A does not currently pay dividends.
What is Bakkt Holdings, Inc. Class A’s EPS estimate?
Bakkt Holdings, Inc. Class A’s EPS estimate is 0.03.
How many shares outstanding does Bakkt Holdings, Inc. Class A have?
Bakkt Holdings, Inc. Class A has 44,612,328 shares outstanding.
What happened to Bakkt Holdings, Inc. Class A’s price movement after its last earnings report?
Bakkt Holdings, Inc. Class A reported an EPS of -$0.41 in its last earnings report, missing expectations of -$0.1. Following the earnings report the stock price went down -10.585%.
Which hedge fund is a major shareholder of Bakkt Holdings, Inc. Class A?
Currently, no hedge funds are holding shares in BKKT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Bakkt Holdings, Inc. Class A Stock Smart Score
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$20.00 (43.16% Upside)
$20.00 (43.16% Upside)
Blogger Sentiment
Bullish
BKKT Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth $4.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 2.0%
Last 30 Days ▲ 6.4%
Last 30 Days ▲ 6.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.14%
12-Months-Change
Fundamentals
Return on Equity
-116.83%
Trailing 12-Months
Asset Growth
21.00%
Trailing 12-Months
Company Description
Bakkt Holdings, Inc. Class A
Bakkt Holdings, Inc. operates a digital asset platform. The company's platform enables consumers to buy, sell, convert, and spend digital assets. Its customers include merchants, retailers, and financial institutions. Bakkt Holdings, Inc. has a strategic alliance with the Global Payments to collaborate on use cases starting with enabling cryptocurrency redemption in customer loyalty programs offered by bankcard clients, as well as expanding its banking-as-a-service offerings to include consumer access to cryptocurrency. The company was formerly known as VPC Impact Acquisition Holdings and changed its name to Bakkt Holdings, Inc. The company was founded in 2018 and is headquartered in Alpharetta, Georgia. Bakkt Holdings, Inc. is a subsidiary of Intercontinental Exchange Holdings, Inc.
BKKT Company Deck
BKKT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a mix of material strategic progress and clear execution work remaining. Positives include a debt-free balance sheet with $82.6M liquidity, in-house DTR stablecoin rails, favorable regulatory developments, disciplined cost structure post-loyalty divestiture, and marked-up strategic assets. Negatives and risks center on current revenue scale versus ambitious year-end targets (Q1 TTV of ~$241M vs. $2.5B year-end estimate), remaining integration work from the DTR acquisition, incremental near-term acquisition costs (~$2.5M), dependence on partner activations and long institutional sales cycles, and pending regulatory approval in India. Overall, the company shows solid foundational and structural progress but requires execution (sales conversion, integrations, partner activations) to translate those strengths into the forecasted volume and revenue.View all BKKT earnings summariesBKKT Stock 12 Month Forecast
Average Price Target
$20.00
▲(43.16% Upside)
Technical Analysis
Ownership Overview
41.78% Insiders
2.90% Mutual Funds
5.17% Other Institutional Investors
43.66% Public Companies and Individual Investors