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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
NYSE:BKKT

Bakkt (BKKT) Stock Price, News & Analysis

$0.88
+0.01 (+1.15%)
(As of 02/22/2024 ET)
Today's Range
$0.86
$0.94
50-Day Range
$0.87
$2.35
52-Week Range
$0.64
$2.75
Volume
2.03 million shs
Average Volume
4.40 million shs
Market Capitalization
$242.31 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.70

Bakkt MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
92.7% Upside
$1.70 Price Target
Short Interest
Bearish
28.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.12mentions of Bakkt in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$3.57 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.65) to ($0.21) Per Share

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.

1.31 out of 5 stars

Business Services Sector

228th out of 299 stocks

Nondepository Credit Institutions Industry

30th out of 45 stocks


BKKT stock logo

About Bakkt Stock (NYSE:BKKT)

Bakkt Holdings, Inc. offers a platform for crypto and redeeming loyalty points. The company's institutional-grade technology platform offers various solutions, such as Custody, an institutional-grade custody solution for market participants; Crypto Connect, a platform that enables consumers, businesses, and institutions to buy, sell, and store crypto in a digital experience; Crypto Rewards that focuses on enabling customers to earn crypto rewards, as well as redeem existing reward currencies into crypto; and Crypto Payouts for customers to automatically invest a portion of payments into crypto. Its platform also offers a range of loyalty solutions, including redemption solutions for various rewards categories comprising merchandise, gift cards, and digital experiences; 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.

BKKT Stock Price History

BKKT Stock News Headlines

Bakkt Hldgs Stock (NYSE:BKKT) Insider Trades
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
BKKT Mar 2024 2.500 put
BKKT Aug 2024 7.000 call
BKKT Jan 2026 7.000 put
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
BKKT Mar 2024 2.500 call
BKKT Mar 2024 0.500 put
BKKT.WS Bakkt Holdings, Inc. WT EXP 102526
Bakkt Holdings Inc Ordinary Shares - Class A
Recap: Bakkt Hldgs Q3 Earnings
Bakkt Reports Third Quarter 2023 Results
See More Headlines
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Company Calendar

Today
2/23/2024
Next Earnings (Estimated)
3/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Fax
N/A
Employees
1,037
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.70
High Stock Price Target
$1.70
Low Stock Price Target
$1.70
Potential Upside/Downside
+92.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-578,100,000.00
Pretax Margin
-81.86%

Debt

Sales & Book Value

Annual Sales
$54.60 million
Cash Flow
$9.80 per share
Book Value
$1.27 per share

Miscellaneous

Free Float
269,363,000
Market Cap
$242.31 million
Optionable
Optionable
Beta
4.56
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Key Executives

  • Dr. Gavin Constantine Michael (Age 59)
    President, CEO & Director
    Comp: $756.94k
  • Ms. Karen J. Alexander CFA (Age 53)
    CFO & Principal Financial Officer
    Comp: $661.44k
  • Mr. Marc D'Annunzio (Age 52)
    General Counsel & Secretary
    Comp: $636.68k
  • Mr. Gordon Watson (Age 44)
    Executive Director
    Comp: $25k
  • Mr. Alex Jacobs
    Chief Administrative Officer
  • Mr. Charles Goodroe (Age 40)
    VP, Chief Accounting Officer & Principal Accounting Officer
  • Ms. Ann Park DeVries
    Head of Investor Relations
  • Ms. Lauren Post
    Head of Communications
  • Ms. Kim Jimenez
    Chief Human Resources Officer
  • Mr. David C. Clifton (Age 46)
    Executive Director














BKKT Stock Analysis - Frequently Asked Questions

Should I buy or sell Bakkt stock right now?

2 Wall Street equities 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 equities 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 analysts have issued 1-year price objectives for Bakkt's stock. Their BKKT share price targets range from $1.70 to $1.70. On average, they predict the company's stock price to reach $1.70 in the next year. This suggests a possible upside of 92.7% 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 start of the year. Since then, BKKT shares have decreased by 60.4% and is now trading at $0.8822.
View the best growth stocks for 2024 here
.

Are investors shorting Bakkt?

Bakkt saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 21,920,000 shares, an increase of 19.9% from the January 15th total of 18,280,000 shares. Based on an average daily volume of 4,790,000 shares, the short-interest ratio is presently 4.6 days. Currently, 28.4% of the company's shares are short sold.
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, March 14th 2024.
View our BKKT earnings forecast
.

What guidance has Bakkt issued on next quarter's earnings?

Bakkt updated its FY 2024 earnings guidance on Monday, December, 11th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.5 billion-$9.1 billion.

Who are Bakkt's major shareholders?

Bakkt's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (1.24%), Van ECK Associates Corp (1.06%), Exchange Traded Concepts LLC (0.95%), Mirae Asset Global Investments Co. Ltd. (0.70%), Horizon Kinetics Asset Management LLC (0.34%) and Vident Advisory LLC (0.24%). Insiders that own company stock include Gavin Constantine Michael, Impact Acquisition Holding Vpc, 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.

This page (NYSE:BKKT) was last updated on 2/23/2024 by MarketBeat.com Staff