Bakkt Holdings, Inc. (BKKT)
| Market Cap | 112.36M |
| Revenue (ttm) | 1.62B |
| Net Income (ttm) | -69.04M |
| Shares Out | 6.23M |
| EPS (ttm) | -18.61 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 188,924 |
| Open | 19.00 |
| Previous Close | 18.87 |
| Day's Range | 17.64 - 19.01 |
| 52-Week Range | 5.57 - 68.75 |
| Beta | 4.66 |
| Analysts | Hold |
| Price Target | 13.13 (-27.18%) |
| Earnings Date | Aug 8, 2024 |
About 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 solution... [Read more]
Financial Performance
In 2023, Bakkt Holdings's revenue was $780.14 million, an increase of 1287.55% compared to the previous year's $56.22 million. Losses were -$74.85 million, -87.05% less than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for BKKT stock is "Hold." The 12-month stock price forecast is $13.13, which is a decrease of -27.18% from the latest price.
News
Bakkt Reportedly Considering Sale of Crypto Platform
Digital asset marketplace Bakkt is reportedly considering putting itself up for sale. That's according to a Friday (June 7) report from Bloomberg News, citing sources familiar with the matter.
Crypto marketplace Bakkt Holdings is reportedly considering a sale
Bakkt (NYSE: BKKT) stock price is in the green at writing following a report that it's weighing a potential sale.
Bakkt Teams with Crossover Markets to Power “BakktX” ECN with High-Performance Technology
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that the company has tapped Crossover Markets to provide technology to help power “BakktX,” its forthcoming crypto E...
Bakkt Strengthens Leadership Team with Appointment of Ray Kamrath as Chief Commercial Officer
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that Ray Kamrath was appointed as the Chief Commercial Officer of Bakkt's crypto business. In this newly created pos...
Bakkt: Institutional Investors to Drive Growth in Crypto Trading Market
Institutional investors are going to play a bigger role in the cryptocurrency trading market, Bakkt said Wednesday (May 15) when announcing its latest quarterly results.
Bakkt Reports First Quarter 2024 Results
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) announced its financial and operational results for the quarter ended March 31, 2024. CEO Comments: “We m...
Bakkt Reschedules Release of First Quarter 2024 Earnings Results and Conference Call
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it has changed the date for its previously announced earnings conference call. The company will now host a conf...
Bakkt Cuts 13% of Staff as Execs Depart
Bakkt is cutting staff after warning earlier this year about the future of the company. The cryptocurrency platform said in a securities filing Friday (May 3) that it is laying off 28 workers, or 13% ...
Bakkt Schedules Conference Call to Discuss First Quarter 2024 Results
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will release its first quarter 2024 earnings on Tuesday, May 14, 2024, before market open. Management will h...
Bakkt Announces Reverse Stock Split
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) today announced that, following approval by the Company's stockholders and its Board of Directors, the Company will effect a reverse...
Bakkt Holdings Reports Q4, Shares Climb On Strong FY24 Guidance
Bakkt Holdings, Inc. reported its fourth-quarter financial results after the bell on Monday. Here's a look at the highlights.
Bakkt Reports Fourth Quarter and Full Year 2023 Results
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) announced its financial and operational results for the quarter and full year ended December 31, 2023. “Bakkt has built a ...
Bakkt Announces Leadership Transition
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) today announced that Andy Main has been appointed President and Chief Executive Officer, effective March 26, 2024. He will succeed G...
Bakkt Notified by NYSE of Non-Compliance with NYSE Trading Share Price Listing Rule
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that the New York Stock Exchange (the “NYSE”) notified the Company (the “Notice”) that the Company is not in complia...
Bakkt Now Available Through Unchained's Collaborative Custody Network
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) today announced that the company is available now as a key agent for Unchained's enterprise collaborative custody product....
Beleaguered Bakkt Completes $32 Million Direct Offering
Crypto infrastructure firm Bakkt completed two securities purchase agreements collectively worth $32.4 million on Monday after it warned investors of a cash crunch last month.
Bakkt Announces $40 Million Registered Direct Offering with Institutional Investors and $10 Million Concurrent Registered Direct Offering
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) today announced that it has entered into two securities purchase agreements, which relate to: The purchase and sale of 46,...
Bakkt Announces Preliminary 2023 Financial Results; Preliminary Estimates Within Previously Provided Guidance
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) announced certain preliminary financial results for the fourth quarter and full year ended December 31, 2023. Preliminary ...
Bakkt Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Results
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will release its fourth quarter and full year 2023 earnings on Wednesday, March 20, 2024, before market open...
Bakkt Lost $2 Billion. Here's Its Latest Plan To Survive
When Bakkt launched in 2018, the markets were ecstatic. “Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, is now in the bitcoin business,” read the MIT Technology Review.
Swan Bitcoin and Bakkt Team Up to Provide Bitcoin Trading Across 49 U.S. States
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) and Swan Bitcoin (“Swan”) today announced that the companies have enabled Bitcoin trading across 49 U.S. states together. ...
Bakkt Shelf Registration Statement Declared Effective by the SEC
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) announced that its “universal shelf” registration statement on Form S-3 was declared effective by the Securities and Excha...
Bakkt Issues Statement Regarding Recently Filed Amendments to Third Quarter Form 10-Q
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) issued the following statement regarding the recently filed amendments to its Form 10-Q for the quarter ended September 30...
Bakkt, backed by NYSE owner, faces cash crunch; stock plunges
Bakkt, once hailed as Bitcoin's potential saviour, is now grappling with a financial crisis that raises doubts about its future.
Bakkt Expands Crypto Trading Capabilities to 5 More Countries
Bakkt has expanded its crypto trading capabilities to Brazil, Guatemala, Spain, Hong Kong and Singapore. This expansion broadens Bakkt's footprint in Latin America and marks its entry into Asia, the p...