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)2.33M
Market Cap
$411.33M
Enterprise Value$322.05M
Total Cash (Recent Filing)$82.81M
Total Debt (Recent Filing)$79.00K
Price to Earnings (P/E)―
Beta3.47
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. Volume1,954,408
30 Day Avg. Volume2,326,745
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 Cap0.78
Enterprise Value/Revenue0.21
Enterprise Value/Gross Profit0.67
Enterprise Value/Ebitda-2.48
Forecast
1Y Price Target
$19.00Price Target Upside36.01% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.9
Revenue Forecast (FY)$1.63B
Bulls Say, Bears Say
Bulls Say
Debt-free Balance Sheet & LiquidityA debt-free structure with $82.6M liquidity materially lowers solvency risk and gives management optionality to fund integrations, product rollouts and business development. That durable liquidity buffer extends runway while revenues scale and reduces forced capital raises that dilute strategy execution.
In-house Stablecoin Rails (DTR Acquisition)Bringing DTR rails in-house removes third-party dependency for settlement, supports same-day fiat-to-stablecoin conversion, and centralizes control over product roadmaps. This structural capability can improve margins, speed product iteration and make Bakkt a more compelling regulated settlement partner long term.
Lower Run-rate OpEx And Cost DisciplineSustained cost control after strategic divestitures shows management focus on improving operating leverage. A structurally lower run-rate reduces required revenue thresholds for breakeven, extends cash runway, and positions the company to invest selectively as commercial integrations begin to scale.
Bears Say
Sharp Revenue Decline & Negative Cash FlowA large TTM revenue contraction coupled with materially negative operating and free cash flow signals persistent scaling challenges. Structural cash consumption forces reliance on financing or rapid operational improvement to sustain growth initiatives; without volume recovery, capital efficiency and long-term viability are at risk.
Execution Risk From Partner Activations & SalesAggressive TTV and TPV targets depend on multi-quarter partner integrations and converting a rebuilt sales organization. Long institutional sales cycles and third-party activation timing are structural constraints; failure to convert pipeline delays scale economics and prolongs operating losses.
Integration And Regulatory Execution UncertaintyOngoing DTR integration (compliance, finance, APIs) and pending India approvals create durable execution risk and potential incremental costs. These dependencies can delay product launches, restrict market access, and postpone revenue capture from strategic investments until regulatory and technical milestones are met.
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 $411.33M.
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 46 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:
$19.00 (36.01% Upside)
$19.00 (36.01% Upside)
Blogger Sentiment
Bullish
BKKT Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth $6.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.34%
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 specialized platform focused on digital assets. Through this proprietary system, individuals are empowered to acquire, sell, exchange, and spend various digital currencies seamlessly. The company serves a diverse clientele, including merchants, retailers, and established financial organizations. A key strategic alliance exists between Bakkt Holdings, Inc. and Global Payments, aimed at developing joint initiatives. Their initial collaboration is centered on integrating cryptocurrency as a redemption option within customer loyalty programs provided by bankcard clients. Furthermore, this partnership endeavors to broaden Bakkt's banking-as-a-service offerings, thereby facilitating greater consumer engagement with digital assets. The company, originally established in 2018, was formerly known as VPC Impact Acquisition Holdings before adopting its current name. Its principal operations are based in Alpharetta, Georgia, and it functions as 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
$19.00
▲(36.01% Upside)
Technical Analysis
Ownership Overview
41.84% Insiders
2.90% Mutual Funds
5.17% Other Institutional Investors
43.75% Public Companies and Individual Investors