Bakkt Holdings, Inc. (BKKT)

NYSE: BKKT · Real-Time Price · USD
8.96
-0.44 (-4.68%)
Nov 4, 2024, 4:00 PM EST - Market closed
-4.68%
Market Cap 121.11M
Revenue (ttm) 1.78B
Net Income (ttm) -68.62M
Shares Out 13.52M
EPS (ttm) -15.30
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 76,929
Open 9.39
Previous Close 9.40
Day's Range 8.91 - 9.60
52-Week Range 5.57 - 68.75
Beta 4.55
Analysts Hold
Price Target 13.13 (+46.54%)
Earnings Date Nov 13, 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]

Sector Technology
Founded 2018
Employees 747
Stock Exchange NYSE
Ticker Symbol BKKT
Full Company Profile

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 Statements

Analyst Forecast

According to 2 analysts, the average rating for BKKT stock is "Hold." The 12-month stock price forecast is $13.13, which is an increase of 46.54% from the latest price.

Price Target
$13.13
(46.54% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Bakkt Schedules Conference Call to Discuss Third Quarter 2024 Results

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will release its third quarter 2024 earnings on Wednesday, November 13, 2024, before market open. Management...

5 days ago - Business Wire

Bakkt Holdings, Inc. (BKKT) Q2 2024 Earnings Call Transcript

Bakkt Holdings, Inc. (NYSE:BKKT) Q2 2024 Earnings Conference Call August 14, 2024 8:00 AM ET Company Participants Andy Main - CEO Ray Kamrath - CCO, Crypto Business Karen Alexander - CFO Olivia Keave...

2 months ago - Seeking Alpha

Bakkt Reports Second 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 June 30, 2024. CEO Comments: “We co...

2 months ago - Business Wire

Bakkt Schedules Conference Call to Discuss Second Quarter 2024 Results

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will release its second quarter 2024 earnings on Wednesday, August 14, 2024, before market open. Management ...

3 months ago - Business Wire

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.

5 months ago - PYMNTS

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.

5 months ago - Invezz

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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.

6 months ago - PYMNTS

Bakkt Holdings, Inc. (BKKT) Q1 2024 Earnings Call Transcript

Bakkt Holdings, Inc. (NYSE:BKKT) Q1 2024 Results Conference Call May 15, 2024 5:00 PM ET Company Participants Olivia Keavey - Senior Lead of Communications Andy Main - CEO Karen Alexander - CFO Confe...

6 months ago - Seeking Alpha

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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% ...

6 months ago - PYMNTS

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

Bakkt Holdings, Inc. (BKKT) Q4 2023 Earnings Call Transcript

Bakkt Holdings, Inc. (BKKT) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

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.

8 months ago - Benzinga

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 ...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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....

8 months ago - Business Wire

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.

8 months ago - Forbes

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,...

8 months ago - Business Wire

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 ...

8 months ago - Business Wire

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...

8 months ago - Business Wire