Bakkt Holdings, Inc. (BKKT)

NYSE: BKKT · Real-Time Price · USD
31.61
+2.11 (7.15%)
At close: Nov 20, 2024, 4:00 PM
31.02
-0.59 (-1.87%)
Pre-market: Nov 21, 2024, 4:36 AM EST
7.15%
Market Cap 427.26M
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 4,660,436
Open 31.50
Previous Close 29.50
Day's Range 29.14 - 35.25
52-Week Range 5.57 - 68.75
Beta 4.55
Analysts Hold
Price Target 13.13 (-58.46%)
Earnings Date Nov 14, 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 a decrease of -58.46% from the latest price.

Price Target
$13.13
(-58.46% downside)
Analyst Consensus: Hold
Stock Forecasts

News

DJT stock down on reported talks with Bakkt

Trump Media & Technology Group (DJT, DJTWW) is reportedly in talks to acquire Bakkt Holdings (BKKT, BKKT-WT), a cryptocurrency trading platform, according to a Financial Times report. Trump Media shar...

Other symbols: DJT
1 day ago - Yahoo Finance

Trump Media group reportedly in talks to buy crypto marketplace Bakkt as bitcoin approaches $100K

President-elect Trump's social media company is reportedly in advanced talks to purchase cryptocurrency exchange Bakkt as digital assets continue to soar.

Other symbols: DJT
1 day ago - Fox Business

Trump Media nearing deal to buy crypto firm Bakkt: report

The valuation of the deal is unclear. Bakkt had a market capitalization of more than $150 million on Monday.

Other symbols: DJT
1 day ago - New York Post

Bakkt Statement on Transaction Rumors

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it is aware of the rumors that appeared in the financial press regarding a potential transaction involving the ...

1 day ago - Business Wire

Report: Trump's Social Media Company in ‘Advanced Talks' to Buy Bakkt

President-elect Donald Trump's Trump Media & Technology (TMTG) is reportedly in advanced talks to buy cryptocurrency trading venue Bakkt. TMTG is near an all-share purchase of Bakkt, the Financial Tim...

Other symbols: DJT
2 days ago - PYMNTS

Trump Digs Deeper Into Cryptocurrency? Bakkt Shares Soar On Reported Interest From President-Elect's Media Company

Donald Trump was viewed as the more pro-cryptocurrency presidential candidate in the 2024 election and his support for crypto could get another push with a report that his media company is acquiring a...

Other symbols: DJT
2 days ago - Benzinga

Trump Media is in advanced talks to buy crypto platform Bakkt, reports say

CNBC's Kate Rooney joins 'Closing Bell' to discuss reports that Trump Media is in advanced talks to buy crypto platform Bakkt.

Other symbols: DJT
2 days ago - CNBC Television

Trump Media in reported talks to buy crypto trading platform Bakkt, sending shares soaring

Trump Media is reportedly in "advanced talks" to buy the cryptocurrency trading firm Bakkt, the Financial Times reported, citing two people with knowledge of the talks. Shares of DJT and Bakkt soared ...

Other symbols: DJT
2 days ago - CNBC

Donald Trump's social media group in talks to buy Bakkt, FT reports

Donald Trump's social media company Trump Media and Technology Group is in advanced talks to buy Bakkt BKKT.N, a crypto trading firm backed by Intercontinental Exchange , the Financial Times reported ...

Other symbols: DJT
2 days ago - Reuters

Bakkt Holdings, Inc. (BKKT) Q3 2024 Earnings Call Transcript

Bakkt Holdings, Inc. (NYSE:BKKT) Q3 2024 Earnings Conference Call November 14, 2024 5:00 AM ET Company Participants Andy Main - Chief Executive Officer, President Karen Alexander - Chief Financial Of...

6 days ago - Seeking Alpha

Bakkt Reports Third 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 September 30, 2024. CEO Comments: "...

6 days ago - Business Wire

Bakkt Reschedules Release of Third Quarter 2024 Earnings Results and Conference Call

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) announced today that it has changed the date for its previously announced earnings conference call. The C...

9 days ago - Business Wire

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...

21 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...

3 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...

3 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 ...

4 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...

6 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% ...

7 months ago - PYMNTS