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NYSE:BKKT

Bakkt (BKKT) Stock Price, News & Analysis

$18.08
+0.08 (+0.44%)
(As of 07/26/2024 ET)
Today's Range
$17.58
$18.65
50-Day Range
$15.00
$22.80
52-Week Range
$5.57
$68.75
Volume
103,796 shs
Average Volume
185,921 shs
Market Capitalization
$242.81 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.13

Bakkt MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
27.4% Downside
$13.13 Price Target
Short Interest
Healthy
12.05% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.50mentions of Bakkt in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($5.53) to ($2.51) 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.

0.36 out of 5 stars

Business Services Sector

303rd out of 317 stocks

Nondepository Credit Institutions Industry

51st out of 53 stocks

BKKT stock logo

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.

BKKT Stock Price History

BKKT Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Bakkt Reports First Quarter 2024 Results
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Bakkt Cuts 13% of Staff as Execs Depart
Why Is Bakkt (BKKT) Stock Moving Today?
Bakkt Announces Reverse Stock Split
Bakkt Holdings, Inc. (BKKT)
See More Headlines
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Company Calendar

Last Earnings
5/15/2024
Today
7/26/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
Banking
Fax
N/A
Employees
760
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-74,850,000.00
Pretax Margin
-12.44%

Debt

Sales & Book Value

Annual Sales
$1.62 billion
Book Value
$12.34 per share

Miscellaneous

Free Float
13,192,000
Market Cap
$242.76 million
Optionable
Optionable
Beta
4.80
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Key Executives

  • Mr. Andrew A. Main (Age 58)
    President, CEO & Director
  • Mr. Marc D'Annunzio (Age 52)
    General Counsel & Corporate Secretary
    Comp: $650.63k
  • Dr. Gavin Constantine Michael (Age 59)
    Advisor
    Comp: $778.11k
  • Mr. Gordon Watson (Age 45)
    Executive Director
  • Mr. Nicholas Baes
    Chief Technology Officer
  • Mr. Alex Jacobs
    Chief Administrative 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

How have BKKT shares performed this year?

Bakkt's stock was trading at $55.75 on January 1st, 2024. Since then, BKKT shares have 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) released its quarterly earnings data on Wednesday, May, 15th. The company reported ($1.86) EPS for the quarter, beating the consensus estimate of ($2.25) by $0.39. The company earned $854.60 million during the quarter, compared to analysts' expectations of $710.90 million. Bakkt had a negative trailing twelve-month return on equity of 37.42% and a negative net margin of 4.26%.

When did Bakkt's stock split?

Bakkt shares reverse split on the morning of 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?

Bakkt's top institutional investors 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 7/27/2024 by MarketBeat.com Staff

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