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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)1.53M
Market Cap
$375.19M
Enterprise Value$322.05M
Total Cash (Recent Filing)$80.23M
Total Debt (Recent Filing)$79.00K
Price to Earnings (P/E)―
Beta3.53
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. Volume922,645
30 Day Avg. Volume1,533,521
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 Cap0.86
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 & LiquidityBakkt's $82.6M in cash and absence of long-term debt provide runway and flexibility to fund DTR integration, product launches, and partner onboarding. A healthy liquidity buffer reduces near-term refinancing pressure and supports strategic investments while execution risks are addressed.
In-house Stablecoin Rails Via DTR AcquisitionOwning DTR's settlement engine creates a unified, end-to-end payments stack enabling same-day fiat-to-stablecoin conversion and planned H2 2026 upgrades (>200 assets). This structural capability reduces third-party dependence and enhances Bakkt's ability to sell integrated settlement services to institutions.
Regulatory Footprint & Favorable Stablecoin TailwindsBakkt's broad licensing (US, NY BitLicense, FinCEN, EU VASP) combined with emerging U.S. stablecoin framework creates a regulatory moat. As compliance becomes a barrier, Bakkt's regulated rails position it to capture institutional and cross-border payment volumes over the medium term.
Bears Say
Negative Operating And Free Cash FlowSustained negative operating and free cash flow (~-$60M TTM) signal ongoing cash burn. Without rapid revenue conversion or additional financing, Bakkt may face constrained capital for product investments and partner programs, elevating execution and liquidity risk over the next several quarters.
Revenue Scale Materially Below TargetsWith TTV at ~$241M YTD versus a $2.5B year-end target and TTM revenue down ~35%, the company lacks current scale. Rapidly closing this gap requires accelerated partner activations and conversion, making achievement of meaningful, durable revenue growth within months unlikely and amplifying downside risk.
Dependence On Partner Activations & Weak Sales ExecutionManagement rates partners/distribution as weakest area (30/100), reflecting rebuilt sales capabilities and long institutional cycles. Reliance on third-party partner onboarding and jurisdictional compliance makes revenue realization lumpy and stretches the timeline to sustainable cash generation.
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 $375.19M.
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 23 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 65%
Sector Average 65%
Insider Transactions
Bought Shares
Worth $6.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-59.60%
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 Stock 12 Month Forecast
Average Price Target
$19.00
▲(36.01% Upside)
Technical Analysis
Ownership Overview
41.83% Insiders
2.98% Mutual Funds
<0.01% Other Institutional Investors
46.84% Public Companies and Individual Investors