Bakkt Holdings, Inc. Class A (BKKT)
NYSE:BKKT
Want to see BKKT full AI Analyst Report?
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)1.20M
Market Cap
$301.04M
Enterprise Value$129.99M
Total Cash (Recent Filing)$41.62M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta3.43
Next Earnings
May 11, 2026EPS Estimate
-0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-9.54
Shares Outstanding30,562,096
10 Day Avg. Volume1,099,719
30 Day Avg. Volume1,195,329
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 Cap0.43
Enterprise Value/Revenue0.06
Enterprise Value/Gross Profit0.08
Enterprise Value/Ebitda-0.99
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
Expanded Stablecoin & Cross-border Payments (DTR)Closing the DTR transaction embeds stablecoin on/off-ramps, OTC infrastructure and a European VASP license into Bakkt’s regulated rails. This structurally broadens product hooks into cross-border payments and programmable settlement, creating durable B2B revenue opportunities beyond trading volume cycles.
Low Leverage / Debt-free Balance SheetA debt-free capital structure materially reduces solvency and interest-rate risks, giving management flexibility to invest in product scaling and regulatory approvals. Over a multi-month horizon this conservatism lowers downside to execution risk and improves optionality for strategic partner or product investments.
Global APIs And Platform Reach (Stablecoin, Accounts, Zyra)Broad programmable-rails and multi-currency stablecoin capability position Bakkt as a platform provider for enterprise flows. Wide geographic and blockchain support increases integration stickiness, diversifies addressable markets, and underpins multi-year growth potential from B2B/B2B2C monetization of payments, custody and APIs.
Bears Say
Persistent Negative Operating And Free Cash FlowRepeated negative operating and free cash flow means the business cannot self-fund growth and must rely on external financing. Over 2–6 months this raises execution risk for product rollouts and regulatory work, and increases vulnerability to market funding conditions if monetization lags.
Sharp 2025 Revenue Decline And Durability QuestionsA material and sudden revenue reversal after multi-year scaling signals customer or volume fragility. This weakens confidence in recurring transaction fee streams and makes multi-quarter planning harder, meaning long-term margin and cash-flow improvements depend heavily on restoring stable transacting volumes and partner integrations.
Low Year-end Cash And Reliance On Capital RaisesA small year-end cash balance followed by a dilutive capital raise highlights dependency on markets to fund operations. This structural funding reliance elevates dilution risk and makes sustained investment in product, compliance, and global expansion contingent on successful monetization or further financings.
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 $301.04M.
When is Bakkt Holdings, Inc. Class A’s upcoming earnings report date?
Bakkt Holdings, Inc. Class A’s upcoming earnings report date is May 11, 2026 which is in 2 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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$21.50 (53.90% Upside)
$21.50 (53.90% Upside)
Blogger Sentiment
Bullish
BKKT Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $159.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 3.4%
Last 30 Days ▲ 3.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.99%
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
58.85% Insiders
3.85% Mutual Funds
0.19% Other Institutional Investors
27.39% Public Companies and Individual Investors