Bakkt Stock Forecast

Stock Price Forecast

The 2 analysts that cover Bakkt stock have a consensus rating of "Buy" and an average price target of $20, which forecasts a 155.43% increase in the stock price over the next year. The lowest target is $19 and the highest is $21.

Price Target: $20 (+155.43%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$19	$20	$21	$21
Change	+142.66%	+155.43%	+168.20%	+168.20%

Analyst Ratings

The average analyst rating for Bakkt stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '24	Sep '25	Nov '25	Mar '26	May '26
Strong Buy	0	1	1	1	1
Buy	0	0	0	0	0
Hold	1	0	0	0	0
Sell	0	0	0	0	0
Strong Sell	0	0	0	0	0
Total	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Palmer Benchmark Co.	Benchmark Co.	Buy Maintains $22 → $19	Buy	Maintains	$22 → $19	+142.66%	May 12, 2026
Brian Dobson Clear Street	Clear Street	Buy Reiterates $39 → $21	Buy	Reiterates	$39 → $21	+168.20%	Mar 19, 2026

Financial Forecast

Revenue This Year

1.37B

from 2.34B

-41.32%

from 2.34B

Revenue Next Year

616.80M

from 1.37B

-54.99%

from 1.37B

EPS This Year

0.29

from -

EPS Next Year

n/a

from 0.29

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	39.44M	56.22M	726.99M	3.44B	2.34B	1.37B
Revenue Growth	38.40%	42.57%	1,193.02%	373.33%	-32.14%	-41.32%
Operating Income	-183.42M	-177.32M	-110.93M	-73.52M	-114.84M	28.69M
Net Income	-183.21M	-578.11M	-74.85M	-46.66M	-107.21M	11.57M
EPS	-	-	-	-	-	0.29
Forward PE	-	-	-	-	-	27.00
Free Cash Flow	-28.32M	-76.22M	-72.13M	-30.67M	-9.88M	171.20M
No. Analysts	-	-	-	-	-	1

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	1.4B
Avg	1.4B
Low	1.4B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-41.3%
Avg	-41.3%
Low	-41.3%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.29
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-96.6%
Low	-