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)1.18M
Market Cap
$282.39M
Enterprise Value$119.47M
Total Cash (Recent Filing)$41.62M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta3.46
Next Earnings
May 07, 2026EPS Estimate
-0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.73
Shares Outstanding30,562,096
10 Day Avg. Volume894,319
30 Day Avg. Volume1,179,590
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 Cap0.42
Enterprise Value/Revenue0.05
Enterprise Value/Gross Profit0.08
Enterprise Value/Ebitda-0.91
Forecast
1Y Price Target
$21.50Price Target Upside53.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.55
Revenue Forecast (FY)$2.50B
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetA zero-debt 2025 balance sheet materially reduces near-term solvency and fixed-charge risk, giving management flexibility to prioritize product and regulatory investments. Over a 2–6 month horizon this lowers refinancing pressure and supports pursuing strategic partnerships or M&A without added leverage.
Governance & Strategic RebuildManagement's structural overhaul — simplified cap table, independent board additions, collapse of legacy Up‑C and elimination of long-term debt — improves decision-making, reduces legacy governance frictions, and strengthens investor confidence. This durable reset aids execution and capital‑raising over the medium term.
Expanded Stablecoin & Payments Capabilities (DTR)Integrating DTR internalizes critical stablecoin rails and regulatory coverage, reducing third-party dependency and materially expanding cross-border payment and programmable‑payments addressable markets. If closed and integrated, these capabilities provide durable monetization levers for Markets, Agent and Global engines.
Bears Say
Persistent Cash BurnConsistent negative operating and free cash flow demonstrates the company cannot self-fund growth and remains dependent on equity raises or strategic dispositions. Over months this limits runway, increases dilution risk and constrains investments in customer acquisition and product commercialization.
Sharp Revenue Decline In 2025A pronounced 2025 revenue reversal highlights revenue sensitivity to trading volumes and partner contract terms (e.g., amended Webull agreement). Such volatility weakens predictability of transaction fees and platform monetization, complicating multi‑quarter planning and delaying path to sustained positive cash flow.
Ongoing Net Losses & Negative Adjusted EBITDAPersistent GAAP losses and negative adjusted EBITDA indicate unit economics haven't yet reached self-sustaining levels. Continued operating losses reduce equity value, force reliance on capital markets, and mean management must deliver structural revenue or margin improvements to achieve durable profitability.
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 $282.39M.
When is Bakkt Holdings, Inc. Class A’s upcoming earnings report date?
Bakkt Holdings, Inc. Class A’s upcoming earnings report date is May 07, 2026 which is in 19 days.
How were Bakkt Holdings, Inc. Class A’s earnings last quarter?
Bakkt Holdings, Inc. Class A released its earnings results on Mar 16, 2026. The company reported -$6.73 earnings per share for the quarter, missing the consensus estimate of -$0.545 by -$6.185.
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 -0.1.
How many shares outstanding does Bakkt Holdings, Inc. Class A have?
Bakkt Holdings, Inc. Class A has 30,562,096 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 -$6.73 in its last earnings report, missing expectations of -$0.545. Following the earnings report the stock price went down -0.104%.
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$21.50 (53.90% Upside)
$21.50 (53.90% Upside)
Blogger Sentiment
Bullish
BKKT Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $60.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days <0.1%
Last 30 Days <0.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
17.58%
12-Months-Change
Fundamentals
Return on Equity
-139.50%
Trailing 12-Months
Asset Growth
-40.92%
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 Stock 12 Month Forecast
Average Price Target
$21.50
▲(53.90% Upside)
Technical Analysis
Ownership Overview
32.92% Insiders
3.79% Mutual Funds
<0.01% Other Institutional Investors
54.14% Public Companies and Individual Investors