Bakkt (BKKT) Expected to Announce Earnings on Monday

Key Points

• Bakkt will report Q1 2026 results before the market opens on May 11, 2026; analysts expect EPS of ($0.10) and revenue of about $297.94 million, with an earnings call set for May 12 at 12:30 PM ET.
• Shares were trading up roughly 4.2% at $8.93, giving a market cap near $272.8 million; the stock is highly volatile (52‑week range $6.87–$49.79, beta 5.85).
• Insiders (including the general counsel and CFO) sold shares in late April to cover tax withholding on vested awards—insiders now own about 2.5%—while analyst coverage is mixed and the average price target is $22.

Bakkt (NYSE:BKKT - Get Free Report) is expected to release its Q1 2026 results before the market opens on Monday, May 11th. Analysts expect Bakkt to post earnings of ($0.10) per share and revenue of $297.9440 million for the quarter. Individuals may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Tuesday, May 12, 2026 at 12:30 PM ET.

Bakkt Trading Up 4.2%

Shares of BKKT traded up $0.36 during mid-day trading on Monday, hitting $8.93. The company's stock had a trading volume of 255,631 shares, compared to its average volume of 1,390,903. Bakkt has a 1-year low of $6.87 and a 1-year high of $49.79. The firm has a market capitalization of $272.78 million, a P/E ratio of -1.74 and a beta of 5.85. The firm has a 50-day simple moving average of $8.88 and a 200 day simple moving average of $14.07.

Insider Buying and Selling

In other Bakkt news, General Counsel Marc D'annunzio sold 7,780 shares of the company's stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $8.86, for a total value of $68,930.80. Following the sale, the general counsel owned 110,059 shares of the company's stock, valued at approximately $975,122.74. This represents a 6.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Karen Alexander sold 4,684 shares of Bakkt stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $9.13, for a total value of $42,764.92. Following the transaction, the chief financial officer directly owned 55,771 shares of the company's stock, valued at $509,189.23. This trade represents a 7.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 13,249 shares of company stock worth $119,616. Insiders own 2.50% of the company's stock.

Institutional Trading of Bakkt

Institutional investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC acquired a new position in shares of Bakkt during the third quarter worth about $30,000. Legal & General Group Plc lifted its position in Bakkt by 110.7% during the 3rd quarter. Legal & General Group Plc now owns 982 shares of the company's stock worth $33,000 after acquiring an additional 516 shares in the last quarter. State of Wyoming purchased a new position in Bakkt in the 4th quarter worth approximately $34,000. JPMorgan Chase & Co. increased its position in shares of Bakkt by 3,275.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,498 shares of the company's stock worth $35,000 after purchasing an additional 2,424 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in shares of Bakkt in the 3rd quarter valued at about $41,000. 11.11% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BKKT has been the subject of several research analyst reports. Weiss Ratings cut Bakkt from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Wednesday. Benchmark lowered their price target on shares of Bakkt from $40.00 to $22.00 and set a "buy" rating on the stock in a research note on Wednesday, March 18th. Finally, Wall Street Zen downgraded shares of Bakkt from a "sell" rating to a "strong sell" rating in a report on Saturday. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $22.00.

About Bakkt

Bakkt Holdings, Inc is a digital asset platform that aims to bridge traditional finance and digital assets by offering institutional-grade custody, trading and settlement services. Established in 2018 by Intercontinental Exchange (ICE), the company initially made headlines with the launch of its physically settled Bitcoin futures contracts in 2019. Since then, Bakkt has expanded its product lineup to include spot trading of cryptocurrencies, a secure digital wallet for retail customers and a payment gateway that enables merchants to accept digital assets alongside fiat currencies.

The company's core offering centers on its custody infrastructure, which is built to meet robust regulatory and security standards.

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