NYSE:BKKT Bakkt (BKKT) Stock Price, News & Analysis → The A.I. story nobody is telling you (Read ASAP) (From TradeSmith) (Ad) Free BKKT Stock Alerts $0.40 -0.01 (-2.44%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$0.38▼$0.4050-Day Range$0.40▼$1.0252-Week Range$0.38▼$2.75Volume4.20 million shsAverage Volume4.73 million shsMarket Capitalization$128.58 millionP/E RatioN/ADividend YieldN/APrice Target$0.53 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Bakkt alerts: Email Address Bakkt MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside31.3% Upside$0.53 Price TargetShort InterestHealthy15.95% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingAcquiring Shares$2.40 M Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.32) to ($0.19) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.58 out of 5 starsBusiness Services Sector224th out of 301 stocksNondepository Credit Institutions Industry33rd out of 46 stocks 3.0 Analyst's Opinion Consensus RatingBakkt has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.Amount of Analyst CoverageBakkt has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted15.95% of the float of Bakkt has been sold short.Short Interest Ratio / Days to CoverBakkt has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Bakkt has recently decreased by 2.20%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldBakkt does not currently pay a dividend.Dividend GrowthBakkt does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BKKT. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Bakkt this week, compared to 1 article on an average week.Search Interest12 people have searched for BKKT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 13 people have added Bakkt to their MarketBeat watchlist in the last 30 days. This is a decrease of -24% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bakkt insiders have bought 1,944.63% more of their company's stock than they have sold. Specifically, they have bought $2,402,948.00 in company stock and sold $117,525.00 in company stock.Percentage Held by InsidersOnly 1.78% of the stock of Bakkt is held by insiders.Percentage Held by InstitutionsOnly 11.11% of the stock of Bakkt is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Bakkt are expected to grow in the coming year, from ($0.32) to ($0.19) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bakkt is -0.48, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Bakkt is -0.48, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBakkt has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsDid You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here About Bakkt Stock (NYSE:BKKT)Bakkt Holdings, Inc. offers software as a service and application programming interface solutions for crypto and loyalty, powering engagement, and performance. The company operates Bakkt Marketplace, a platform that enables consumers to buy, sell, and store crypto in an embedded web experience; Bakkt Crypto, a platform that supports clients with a range of crypto solutions; and Bakkt Trust, institutional-grade qualified custody solution for market participants. Its platform also offers a range of loyalty solutions, including redemption solutions for various rewards categories comprising travel, gift cards, and merchandise; travel solutions that offer a retail e-commerce booking platform, as well as live-agent booking and servicing; and unified shopping experience. The company was founded in 2018 and is headquartered in Alpharetta, Georgia.Read More BKKT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BKKT Stock News HeadlinesApril 23, 2024 | businesswire.comBakkt Announces Reverse Stock SplitApril 15, 2024 | finance.yahoo.comBakkt Holdings, Inc. (BKKT)April 24, 2024 | Crypto Swap Profits (Ad)Did You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.March 26, 2024 | finance.yahoo.comBakkt Holdings, Inc. (NYSE:BKKT) Q4 2023 Earnings Call TranscriptMarch 26, 2024 | msn.comBakkt Holdings Reports Q4, Shares Climb On Strong FY24 GuidanceMarch 25, 2024 | investorplace.comBKKT Stock Earnings: Bakkt Hldgs Misses EPS, Beats Revenue for Q4 2023March 25, 2024 | businesswire.comBakkt Reports Fourth Quarter and Full Year 2023 ResultsMarch 20, 2024 | axios.comFacing delisting, Bakkt replaces its CEOApril 24, 2024 | Crypto Swap Profits (Ad)Did You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.March 19, 2024 | benzinga.comEarnings Preview: Bakkt HldgsMarch 18, 2024 | msn.comBakkt appoints Andy Main as CEOMarch 18, 2024 | businesswire.comBakkt Announces Leadership TransitionMarch 16, 2024 | finance.yahoo.comBKKT Apr 2024 1.500 callMarch 16, 2024 | ca.finance.yahoo.comBKKT Apr 2024 1.500 putMarch 16, 2024 | finance.yahoo.comBKKT Apr 2024 1.000 callMarch 13, 2024 | msn.comBakkt gets non-compliance notice from NYSEMarch 13, 2024 | businesswire.comBakkt Notified by NYSE of Non-Compliance with NYSE Trading Share Price Listing RuleMarch 8, 2024 | finance.yahoo.comBakkt Now Available Through Unchained’s Collaborative Custody NetworkMarch 8, 2024 | businesswire.comBakkt Now Available Through Unchained's Collaborative Custody NetworkMarch 1, 2024 | markets.businessinsider.comRosenblatt Maintains Buy Rating for Bakkt Hldgs: Here's What You Need To KnowFebruary 29, 2024 | benzinga.comWhy Crypto-Related Stock Bakkt Is FallingFebruary 29, 2024 | markets.businessinsider.comBakkt Announces Two Registered Direct Offering AgreementsFebruary 29, 2024 | businesswire.comBakkt Announces $40 Million Registered Direct Offering with Institutional Investors and $10 Million Concurrent Registered Direct OfferingFebruary 29, 2024 | markets.businessinsider.comBakkt Holdings Reports Preliminary Results; FY Revenues In Line With Prior GuidanceFebruary 29, 2024 | businesswire.comBakkt Announces Preliminary 2023 Financial Results; Preliminary Estimates Within Previously Provided GuidanceFebruary 27, 2024 | finance.yahoo.comBakkt Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 ResultsFebruary 27, 2024 | businesswire.comBakkt Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 ResultsSee More Headlines Receive BKKT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bakkt and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/25/2024Today4/23/2024Next Earnings (Estimated)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Nondepository credit institutions Sub-IndustryN/A Current SymbolNYSE:BKKT CUSIPN/A CIK1820302 Webwww.victoryparkcapital.com Phone678-534-5849FaxN/AEmployees747Year FoundedN/APrice Target and Rating Average Stock Price Target$0.53 High Stock Price Target$0.75 Low Stock Price Target$0.30 Potential Upside/Downside+31.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.84) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-74,850,000.00 Net Margins-9.59% Pretax Margin-28.89% Return on Equity-33.06% Return on Assets-9.20% Debt Debt-to-Equity RatioN/A Current Ratio1.10 Quick Ratio1.10 Sales & Book Value Annual Sales$780.10 million Price / Sales0.16 Cash FlowN/A Price / Cash FlowN/A Book Value$0.49 per share Price / Book0.82Miscellaneous Outstanding Shares321,680,000Free Float315,956,000Market Cap$128.58 million OptionableOptionable Beta4.12 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Andrew A. Main (Age 58)President, CEO & Director Comp: $31.25kMs. Karen J. Alexander CFA (Age 52)CFO & Principal Financial Officer Comp: $661.44kMr. Marc D'Annunzio (Age 51)General Counsel & Secretary Comp: $636.68kDr. Gavin Constantine Michael (Age 59)Advisor Comp: $756.94kMr. Gordon Watson (Age 44)Executive Director Comp: $25kMr. Alex JacobsChief Administrative OfficerMr. Charles Goodroe (Age 39)VP, Chief Accounting Officer & Principal Accounting Officer Mr. Nicholas BaesChief Technology OfficerMs. Ann Park DeVriesHead of Investor RelationsMs. Lauren PostHead of CommunicationsMore ExecutivesKey CompetitorsBit DigitalNASDAQ:BTBTMogoNASDAQ:MOGODigihost TechnologyNASDAQ:DGHIOppFiNYSE:OPFISOSNYSE:SOSView All CompetitorsInsiders & InstitutionsKingswood Wealth Advisors LLCSold 41,040 shares on 4/15/2024Ownership: 0.042%HighPoint Advisor Group LLCBought 89,961 shares on 3/26/2024Ownership: 0.033%Quadrature Capital LtdBought 39,947 shares on 3/25/2024Ownership: 0.015%Intercontinental Exchange, IncBought 2,762,009 shares on 3/4/2024Total: $2.40 M ($0.87/share)Marc D'annunzioSold 50,247 sharesTotal: $44,217.36 ($0.88/share)View All Insider TransactionsView All Institutional Transactions BKKT Stock Analysis - Frequently Asked Questions Should I buy or sell Bakkt stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bakkt in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BKKT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BKKT, but not buy additional shares or sell existing shares. View BKKT analyst ratings or view top-rated stocks. What is Bakkt's stock price target for 2024? 2 brokers have issued 12-month target prices for Bakkt's stock. Their BKKT share price targets range from $0.30 to $0.75. On average, they anticipate the company's share price to reach $0.53 in the next twelve months. This suggests a possible upside of 31.3% from the stock's current price. View analysts price targets for BKKT or view top-rated stocks among Wall Street analysts. How have BKKT shares performed in 2024? Bakkt's stock was trading at $2.23 at the beginning of 2024. Since then, BKKT stock has decreased by 82.1% and is now trading at $0.3997. View the best growth stocks for 2024 here. Are investors shorting Bakkt? Bakkt saw a decrease in short interest in March. As of March 15th, there was short interest totaling 18,660,000 shares, a decrease of 9.1% from the February 29th total of 20,530,000 shares. Based on an average trading volume of 6,470,000 shares, the short-interest ratio is currently 2.9 days. Approximately 17.2% of the company's stock are sold short. View Bakkt's Short Interest. When is Bakkt's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our BKKT earnings forecast. How were Bakkt's earnings last quarter? Bakkt Holdings, Inc. (NYSE:BKKT) posted its earnings results on Monday, March, 25th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by $0.18. The company earned $214.50 million during the quarter, compared to analysts' expectations of $214 million. Bakkt had a negative net margin of 9.59% and a negative trailing twelve-month return on equity of 33.06%. What ETFs hold Bakkt's stock? ETFs with the largest weight of Bakkt (NYSE:BKKT) stock in their portfolio include VanEck Digital Assets Mining ETF (DAM), Invesco Alerian Galaxy Crypto Economy ETF (SATO), VanEck Digital Transformation ETF (DAPP), SoFi Web 3 ETF (TWEB) and Horizon Kinetics Blockchain Development ETF (BCDF).Global X Blockchain ETF (BKCH). When did Bakkt's stock split? Shares of Bakkt reverse split before market open on Monday, April 29th 2024. The 1-25 reverse split was announced on Tuesday, April 23rd 2024. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, April 26th 2024. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split. What guidance has Bakkt issued on next quarter's earnings? Bakkt updated its FY 2024 earnings guidance on Monday, March, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.3 billion-$5.1 billion. Who are Bakkt's major shareholders? Bakkt's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Kingswood Wealth Advisors LLC (0.04%). Insiders that own company stock include Gavin Constantine Michael, Impact Acquisition Holding Vpc, Intercontinental Exchange, Inc, Marc D'annunzio, Mark Sonbolian Elliot and Sean Roberts Collins. View institutional ownership trends. How do I buy shares of Bakkt? Shares of BKKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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