Bakkt (BKKT) Expected to Announce Earnings on Monday

Key Points

• Bakkt is expected to report Q3 2026 results after market close on Monday, November 9, with analysts forecasting $0.21 in earnings per share and $434.50 million in revenue.
• In the previous quarter, Bakkt reported $1.94 EPS—well above the $0.03 consensus estimate—but revenue of $170.15 million fell short of expectations.
• BKKT recently traded near its 12-month low at $4.72, while analyst sentiment remains mixed, resulting in an average “Hold” rating and a $12 consensus price target. Director Michael Alfred also increased his stake by purchasing 296,567 shares.

Bakkt (NYSE:BKKT - Get Free Report) is anticipated to announce its Q3 2026 results after the market closes on Monday, November 9th. Analysts expect the company to announce earnings of $0.21 per share and revenue of $434.50 million for the quarter. Individuals can find conference call details on the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Monday, November 9, 2026 at 5:00 PM ET.

Bakkt (NYSE:BKKT - Get Free Report) last released its quarterly earnings data on Monday, August 10th. The company reported $1.94 EPS for the quarter, topping the consensus estimate of $0.03 by $1.91. Bakkt had a negative return on equity of 41.11% and a negative net margin of 2.78%. The company had revenue of $170.15 million during the quarter, compared to the consensus estimate of $373.27 million.

Bakkt Stock Up 1.8%

BKKT opened at $4.72 on Monday. The firm has a 50 day moving average price of $7.28 and a 200-day moving average price of $8.97. Bakkt has a twelve month low of $4.44 and a twelve month high of $28.50. The stock has a market capitalization of $212.96 million, a price-to-earnings ratio of 10.42 and a beta of 4.70.

Insider Transactions at Bakkt

In related news, Director Michael Alfred acquired 296,567 shares of the company's stock in a transaction on Tuesday, August 18th. The stock was acquired at an average price of $7.12 per share, with a total value of $2,111,557.04. Following the acquisition, the director directly owned 1,201,567 shares of the company's stock, valued at approximately $8,555,157.04. This trade represents a 32.77% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 10.05% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently commented on BKKT shares. Wall Street Zen raised Bakkt from a "sell" rating to a "hold" rating in a report on Saturday, August 15th. Benchmark lowered their target price on Bakkt from $19.00 to $12.00 and set a "buy" rating on the stock in a report on Wednesday, August 12th. Finally, Weiss Ratings cut Bakkt from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Friday. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $12.00.

Bakkt Company Profile

Bakkt Holdings, Inc is a digital-asset services company that provides cryptocurrency infrastructure for businesses and institutions. Its platform is designed to support crypto custody, trading and onramp services, enabling customers to buy, sell, hold and transfer digital assets through integrated technology.

The company serves financial institutions, fintech companies, brands and other businesses seeking to offer cryptocurrency-related products without building the underlying infrastructure themselves.

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