Bakkt Holdings Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Bakkt Holdings stock have an average target of 13.13, with a low estimate of 7.50 and a high estimate of 18.75. The average target predicts a decrease of -52.36% from the current stock price of 27.56.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$7.50	$13.13	$18.75	$18.75
Change	-72.79%	-52.36%	-31.97%	-31.97%

* Price targets were last updated on Mar 27, 2024.

Analyst Ratings

The average analyst rating for Bakkt Holdings stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Peter Christiansen Citigroup	Citigroup	Strong Sell Maintains $13 → $7.5	Strong Sell	Maintains	$13 → $7.5	-72.79%	Mar 27, 2024
Andrew Bond Rosenblatt	Rosenblatt	Strong Buy Reiterates $19	Strong Buy	Reiterates	$19	-31.97%	Mar 26, 2024
Andrew Bond Rosenblatt	Rosenblatt	Strong Buy Maintains $43 → $19	Strong Buy	Maintains	$43 → $19	-31.97%	Mar 1, 2024
Andrew Bond Rosenblatt	Rosenblatt	Strong Buy Maintains $53 → $43	Strong Buy	Maintains	$53 → $43	+54.21%	Nov 15, 2023
Andrew Bond Rosenblatt	Rosenblatt	Strong Buy Reiterates $53	Strong Buy	Reiterates	$53	+90.49%	Aug 11, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

67.55M

from 780.14M

-91.34%

from 780.14M

Revenue Next Year

75.52M

from 67.55M

11.81%

from 67.55M

EPS This Year

-6.60

from -21.01

EPS Next Year

-2.41

from -6.60

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	-864.00K	28.50M	39.44M	56.22M	780.14M	67.55M	75.52M
Revenue Growth	-	-	38.40%	42.57%	1,287.55%	-91.34%	11.81%
EPS	-0.06	-0.09	-20.36	-203.08	-21.01	-6.60	-2.41
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	69.5M	77.7M
Avg	67.5M	75.5M
Low	64.9M	72.6M

Revenue Growth

Revenue Growth	2024	2025
High	-91.1%	15.1%
Avg	-91.3%	11.8%
Low	-91.7%	7.4%

EPS Forecast

EPS	2024	2025
High	-6.80	-2.48
Avg	-6.60	-2.41
Low	-6.34	-2.32

EPS Growth

EPS Growth	2024	2025
High	-	-
Avg	-	-
Low	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.