Bakkt Holdings, Inc. (BKKT)
NYSE: BKKT · IEX Real-Time Price · USD
20.72
+1.63 (8.54%)
At close: Jul 19, 2024, 4:00 PM
21.41
+0.69 (3.33%)
Pre-market: Jul 22, 2024, 7:32 AM EDT
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 -36.63% from the current stock price of 20.72.
Analyst Consensus: Hold
* 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Sell Maintains $13 → $7.5 | Strong Sell | Maintains | $13 → $7.5 | -63.80% | Mar 27, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $19 | Strong Buy | Reiterates | $19 | -9.51% | Mar 26, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $43 → $19 | Strong Buy | Maintains | $43 → $19 | -9.51% | Mar 1, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $53 → $43 | Strong Buy | Maintains | $53 → $43 | +105.12% | Nov 15, 2023 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $53 | Strong Buy | Reiterates | $53 | +153.38% | Aug 11, 2023 |
Financial Forecast
Revenue This Year
75.48M
from 780.14M
Decreased by -90.33%
Revenue Next Year
87.62M
from 75.48M
Increased by 16.09%
EPS This Year
-6.12
from -21.00
EPS Next Year
-4.04
from -6.12
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 79.5M | 92.5M |
| Avg | 75.5M | 87.6M |
| Low | 70.9M | 82.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -89.8% | 22.6% |
| Avg | -90.3% | 16.1% |
| Low | -90.9% | 8.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -5.81 | -2.63 |
| Avg | -6.12 | -4.04 |
| Low | -6.33 | -5.30 |
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.