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NYSE:BKKT

Bakkt (BKKT) Stock Price, News & Analysis

$11.42
-0.87 (-7.08%)
(As of 09/6/2024 ET)
Today's Range
$11.25
$12.34
50-Day Range
$11.42
$22.80
52-Week Range
$5.57
$68.75
Volume
103,327 shs
Average Volume
256,662 shs
Market Capitalization
$153.34 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
14.9% Upside
$13.13 Price Target
Short Interest
Bearish
16.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($6.47) to ($2.37) 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.

0.08 out of 5 stars

Business Services Sector

298th out of 303 stocks

Nondepository Credit Institutions Industry

47th out of 48 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

Bakkt Holdings Q2 Loss Narrows
Kamala’s Dirty Election Move… Revealed
According to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move…
Kamala’s Dirty Election Move… Revealed
According to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move…
Bakkt Reports First Quarter 2024 Results
Bakkt Cuts 13% of Staff as Execs Depart
Why Is Bakkt (BKKT) Stock Moving Today?
See More Headlines
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Company Calendar

Last Earnings
8/14/2024
Today
9/07/2024
Next Earnings (Estimated)
11/12/2024
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
+14.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-74,850,000.00
Pretax Margin
-10.47%

Debt

Sales & Book Value

Annual Sales
$1.78 billion
Book Value
$7.59 per share

Miscellaneous

Free Float
13,192,000
Market Cap
$153.34 million
Optionable
Optionable
Beta
4.76
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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 at the start of the year. Since then, BKKT shares have decreased by 79.5% and is now trading at $11.42.
View the best growth stocks for 2024 here
.

How were Bakkt's earnings last quarter?

Bakkt Holdings, Inc. (NYSE:BKKT) announced its quarterly earnings data on Wednesday, August, 14th. The company reported ($2.67) earnings per share for the quarter, missing the consensus estimate of ($1.77) by $0.90. The business earned $509.90 million during the quarter, compared to analyst estimates of $877.20 million. Bakkt had a negative net margin of 3.85% and a negative trailing twelve-month return on equity of 47.29%.

When did Bakkt's stock split?

Bakkt's stock 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 was adjusted after the market closes 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 shareholders include Susquehanna International Group LLP, Renaissance Technologies LLC (0.38%), AQR Capital Management LLC (0.12%) and Commonwealth Equity Services LLC (0.10%). 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 9/7/2024 by MarketBeat.com Staff

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