NYSE:BKKT Bakkt (BKKT) Stock Price, News & Analysis $18.08 +0.08 (+0.44%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$17.58▼$18.6550-Day Range$15.00▼$22.8052-Week Range$5.57▼$68.75Volume103,796 shsAverage Volume288,249 shsMarket Capitalization$242.76 millionP/E RatioN/ADividend YieldN/APrice Target$13.13 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Bakkt alerts: Email Address Bakkt MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside27.4% Downside$13.13 Price TargetShort InterestHealthy12.05% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($5.53) to ($2.51) 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.0.48 out of 5 starsBusiness Services Sector303rd out of 317 stocksNondepository Credit Institutions Industry51st out of 53 stocks 1.0 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 received no research coverage in the past 90 days.Read more about Bakkt's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted12.05% of the float of Bakkt has been sold short.Short Interest Ratio / Days to CoverBakkt has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Bakkt has recently decreased by 13.55%, indicating that investor sentiment is improving significantly. 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 3.3 News and Social Media Coverage News SentimentBakkt has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Bakkt this week, compared to 1 article on an average week.Search Interest6 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 2 people have added Bakkt to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bakkt insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.75% of the stock of Bakkt is held by insiders.Percentage Held by InstitutionsOnly 11.11% of the stock of Bakkt is held by institutions.Read more about Bakkt's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Bakkt are expected to grow in the coming year, from ($5.53) to ($2.51) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bakkt is -0.97, 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 -0.97, 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 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Bakkt's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsNvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.Find out details on these three critical Nvidia partners immediately. 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 HeadlinesJuly 26 at 4:15 PM | businesswire.comBakkt Schedules Conference Call to Discuss Second Quarter 2024 ResultsJune 9, 2024 | pymnts.comBakkt Reportedly Considering Sale of Crypto PlatformJuly 26, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.June 6, 2024 | businesswire.comBakkt Teams with Crossover Markets to Power “BakktX” ECN with High-Performance TechnologyMay 23, 2024 | businesswire.comBakkt Strengthens Leadership Team with Appointment of Ray Kamrath as Chief Commercial OfficerMay 16, 2024 | msn.comBakkt Holdings, Inc. (NYSE:BKKT) Q1 2024 Earnings Call TranscriptMay 15, 2024 | pymnts.comBakkt: Institutional Investors to Drive Growth in Crypto Trading MarketMay 15, 2024 | businesswire.comBakkt Reports First Quarter 2024 ResultsJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.May 13, 2024 | msn.comBakkt Holdings Q1 2024 Earnings PreviewMay 13, 2024 | finance.yahoo.comBakkt Reschedules Release of First Quarter 2024 Earnings Results and Conference CallMay 6, 2024 | pymnts.comBakkt Cuts 13% of Staff as Execs DepartApril 30, 2024 | finance.yahoo.comBakkt Schedules Conference Call to Discuss First Quarter 2024 ResultsApril 29, 2024 | investorplace.comWhy Is Bakkt (BKKT) Stock Moving Today?April 24, 2024 | msn.comWhy Bakkt (BKKT) Shares Hit A New All-Time LowApril 23, 2024 | businesswire.comBakkt Announces Reverse Stock SplitApril 15, 2024 | finance.yahoo.comBakkt Holdings, Inc. (BKKT)March 26, 2024 | finance.yahoo.comBakkt Holdings, Inc. (NYSE:BKKT) Q4 2023 Earnings Call TranscriptSee 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 Earnings5/15/2024Today7/26/2024Next Earnings (Estimated)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Nondepository credit institutions Sub-IndustryBanking Current SymbolNYSE:BKKT CUSIPN/A CIK1820302 Webwww.victoryparkcapital.com Phone678-534-5849FaxN/AEmployees760Year FoundedN/APrice Target and Rating Average Stock Price Target$13.13 High Stock Price Target$18.75 Low Stock Price Target$7.50 Potential Upside/Downside-27.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($18.61) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-74,850,000.00 Net Margins-4.26% Pretax Margin-12.44% Return on Equity-37.42% Return on Assets-6.25% Debt Debt-to-Equity RatioN/A Current Ratio1.07 Quick Ratio1.07 Sales & Book Value Annual Sales$1.62 billion Price / Sales0.15 Cash FlowN/A Price / Cash FlowN/A Book Value$12.34 per share Price / Book1.47Miscellaneous Outstanding Shares13,427,000Free Float13,192,000Market Cap$242.76 million OptionableOptionable Beta4.80 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Andrew A. Main (Age 58)President, CEO & Director Mr. Marc D'Annunzio (Age 52)General Counsel & Corporate Secretary Comp: $650.63kDr. Gavin Constantine Michael (Age 59)Advisor Comp: $778.11kMr. Gordon Watson (Age 45)Executive Director Mr. Nicholas BaesChief Technology OfficerMr. Alex JacobsChief Administrative OfficerMs. Ann Park DeVriesHead of Investor RelationsMs. Lauren PostHead of CommunicationsMs. Kim JimenezChief Human Resources OfficerMr. David C. Clifton (Age 46)Executive Director More ExecutivesKey CompetitorsPagaya TechnologiesNASDAQ:PGYCrescent Capital BDCNASDAQ:CCAPMoneyLionNYSE:MLCompoSecureNASDAQ:CMPOVelocity FinancialNYSE:VELView All CompetitorsInsiders & InstitutionsSummit Securities Group LLCBought 3,965 shares on 7/26/2024Ownership: 0.030%Vanguard Group Inc.Bought 313,227 shares on 5/10/2024Ownership: 28.926%SG Americas Securities LLCSold 84,548 shares on 5/7/2024Ownership: 0.607%Mirae Asset Global Investments Co. Ltd.Sold 423,694 shares on 5/1/2024Ownership: 11.689%Van ECK Associates CorpBought 3,955,725 shares on 4/30/2024Ownership: 2.132%View All Insider TransactionsView All Institutional Transactions BKKT Stock Analysis - Frequently Asked Questions How have BKKT shares performed this year? Bakkt's stock was trading at $55.75 at the start of the year. Since then, BKKT stock has decreased by 67.6% and is now trading at $18.08. View the best growth stocks for 2024 here. How were Bakkt's earnings last quarter? Bakkt Holdings, Inc. (NYSE:BKKT) issued its quarterly earnings results on Wednesday, May, 15th. The company reported ($1.86) earnings per share for the quarter, topping analysts' consensus estimates of ($2.25) by $0.39. The company had revenue of $854.60 million for the quarter, compared to analysts' expectations of $710.90 million. Bakkt had a negative net margin of 4.26% and a negative trailing twelve-month return on equity of 37.42%. When did Bakkt's stock split? Bakkt's stock reverse split on Monday, April 29th 2024. The 1-25 reverse split was announced on Tuesday, April 23rd 2024. The number of shares owned by shareholders was 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. Who are Bakkt's major shareholders? Top institutional shareholders of Bakkt include Summit Securities Group LLC (0.03%). Insiders that own company stock include Intercontinental Exchange, Inc, Gavin Constantine Michael, Impact Acquisition Holding Vpc, Marc D'annunzio, Sean Roberts Collins and Mark Sonbolian Elliot. 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. This page (NYSE:BKKT) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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