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Bakkt Holdings, Inc. Class A (BKKT)
NYSE:BKKT
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$6.81 - $49.79
Previous CloseN/A
Volume110.22K
Average Volume (3M)1.30M
Market Cap
$283.92M
Enterprise Value$102.22M
Total Cash (Recent Filing)$63.41M
Total Debt (Recent Filing)$12.51M
Price to Earnings (P/E)―
Beta3.39
Next Earnings
May 07, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding30,562,092
10 Day Avg. Volume1,652,956
30 Day Avg. Volume1,297,149
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)4.28
Price to Sales (P/S)0.04
P/FCF Ratio-5.97
Enterprise Value/Market Cap0.36
Enterprise Value/Revenue0.03
Enterprise Value/Gross Profit0.06
Enterprise Value/Ebitda-1.30
Forecast
1Y Price Target
$39.00Price Target Upside179.17% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.55
Revenue Forecast (FY)$2.50B
Bulls Say, Bears Say
Bulls Say
Adjusted EBITDA ImprovementTransitioning to positive adjusted EBITDA signals operational scalability and improved unit economics. Sustained adjusted EBITDA suggests the platform can cover incremental costs, fund reinvestment in product and international expansion, and provide a bridge toward GAAP profitability over the next several quarters.
Strong Liquidity & Low LeverageA clean balance sheet with meaningful cash and no long-term debt provides financial flexibility to execute the transformation plan, invest in regulated custody and international rollouts, and absorb crypto-market volatility without immediate refinancing pressure, supporting multi-quarter strategic initiatives.
Internalizing Stablecoin StackAcquiring DTR to bring stablecoin settlement in-house reduces third-party dependency, secures a critical payment layer for neobanking and programmable-payments, and strengthens Bakkt's infrastructure moat. This should improve control over product roadmap and revenue capture long term.
Bears Say
Ongoing GAAP LossesDespite better gross margins, persistent negative net and EBIT margins indicate Bakkt has not yet delivered GAAP profitability. Continued losses erode equity, depress ROE, and limit retained-capital for growth, increasing reliance on external funding to sustain expansion and execution.
Negative Operating Cash FlowNegative operating cash flow shows core operations don't consistently generate cash, forcing dependence on financing, asset sales, or equity raises. Even with free cash flow improvements, negative OCF undermines sustainable self-funding and can constrain investment pacing and resilience to market shocks.
Material Share Dilution RiskIssuing equity equal to a material portion of fully diluted shares meaningfully dilutes existing holders and reduces per-share metrics. Large equity consideration can limit upside per share and raises governance and EPS pressure, especially if further capital is required to fund growth.
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 $6.81 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 $283.92M.
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 59 days.
How were Bakkt Holdings, Inc. Class A’s earnings last quarter?
Currently, no data Available
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 for its next earnings report is not yet available.
How many shares outstanding does Bakkt Holdings, Inc. Class A have?
Bakkt Holdings, Inc. Class A has 30,562,092 shares outstanding.
What happened to Bakkt Holdings, Inc. Class A’s price movement after its last earnings report?
Currently, no data Available
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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5
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$39.00 (179.17% Upside)
$39.00 (179.17% Upside)
Blogger Sentiment
Bullish
BKKT Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $24.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 1.5%
Last 30 Days ▲ 1.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-37.14%
12-Months-Change
Fundamentals
Return on Equity
-48.63%
Trailing 12-Months
Asset Growth
-78.16%
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
Q3 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a positive trajectory for Bakkt, with significant progress in restructuring and strengthening the financial foundation. Highlights such as strong adjusted EBITDA growth, balance sheet improvements, and strategic initiatives for international expansion outweigh the lowlights, which include temporary transition impacts and accounting noise from the Loyalty business.View all BKKT earnings summariesBKKT Stock 12 Month Forecast
Average Price Target
$39.00
▲(179.17% Upside)
Technical Analysis
Ownership Overview
39.48% Insiders
4.28% Mutual Funds
2.15% Other Institutional Investors
47.24% Public Companies and Individual Investors