Bakkt (BKKT) Stock Forecast & Price Target

+0.97 (+9.25%)
(As of 05/17/2024 ET)

Bakkt Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Based on 2 Analyst Ratings

Analysts' Consensus Price Target

14.53% Upside
High Forecast$18.75
Average Forecast$13.13
Low Forecast$7.50
TypeCurrent Forecast
5/20/23 to 5/19/24
1 Month Ago
4/20/23 to 4/19/24
3 Months Ago
2/19/23 to 2/19/24
1 Year Ago
5/20/22 to 5/20/23
Consensus Rating
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$13.13$13.13$42.50$61.25
Predicted Upside14.53% Upside6.07% Upside74.92% Upside35.51% Upside
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BKKT Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BKKT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Bakkt Stock vs. The Competition

TypeBakktBusiness Services CompaniesS&P 500
Consensus Rating Score
Consensus RatingHoldModerate BuyHold
Predicted Upside14.53% Upside152.81% Upside7.85% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetSell ➝ Sell$12.50 ➝ $7.50-38.45%
3/26/2024Rosenblatt Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Buy$18.75+49.25%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 04:04 PM ET.

BKKT Price Target - Frequently Asked Questions

What is Bakkt's consensus rating and price target?

According to the issued ratings of 2 analysts in the last year, the consensus rating for Bakkt stock is Hold based on the current 1 sell rating and 1 buy rating for BKKT. The average twelve-month price prediction for Bakkt is $13.13 with a high price target of $18.75 and a low price target of $7.50. Learn more on BKKT's analyst rating history.

Do Wall Street analysts like Bakkt more than its competitors?

Analysts like Bakkt less than other Business Services companies. The consensus rating for Bakkt is Hold while the average consensus rating for business services companies is Moderate Buy. Learn more on how BKKT compares to other companies.

Does Bakkt's stock price have much upside?

According to analysts, Bakkt's stock has a predicted upside of 6.07% based on their 12-month stock forecasts.

What analysts cover Bakkt?

Bakkt has been rated by Citigroup, and Rosenblatt Securities in the past 90 days.

Stock Ratings Reports and Tools

This page (NYSE:BKKT) was last updated on 5/19/2024 by Staff

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