Bakkt Holdings, Inc. (BKKT)
NYSE: BKKT · Real-Time Price · USD
40.26
-0.12 (-0.30%)
Oct 6, 2025, 10:04 AM EDT - Market open

Bakkt Holdings Statistics

Total Valuation

Bakkt Holdings has a market cap or net worth of $930.46 million. The enterprise value is $927.49 million.

Market Cap930.46M
Enterprise Value 927.49M

Important Dates

The next estimated earnings date is Wednesday, November 12, 2025, before market open.

Earnings Date Nov 12, 2025
Ex-Dividend Date n/a

Share Statistics

Bakkt Holdings has 23.11 million shares outstanding. The number of shares has increased by 46.14% in one year.

Current Share Class 15.93M
Shares Outstanding 23.11M
Shares Change (YoY) +46.14%
Shares Change (QoQ) -4.86%
Owned by Insiders (%) 3.65%
Owned by Institutions (%) 19.78%
Float 15.35M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.07
Forward PS 0.58
PB Ratio 7.98
P/TBV Ratio n/a
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.25
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.19, with a Debt / Equity ratio of 0.68.

Current Ratio 1.19
Quick Ratio 0.72
Debt / Equity 0.68
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -75.53% and return on invested capital (ROIC) is -41.11%.

Return on Equity (ROE) -75.53%
Return on Assets (ROA) -6.45%
Return on Invested Capital (ROIC) -41.11%
Return on Capital Employed (ROCE) -76.32%
Revenue Per Employee $6.76M
Profits Per Employee -$52,050
Employee Count559
Asset Turnover 5.27
Inventory Turnover n/a

Taxes

In the past 12 months, Bakkt Holdings has paid $50,000 in taxes.

Income Tax 50,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +304.16% in the last 52 weeks. The beta is 5.72, so Bakkt Holdings's price volatility has been higher than the market average.

Beta (5Y) 5.72
52-Week Price Change +304.16%
50-Day Moving Average 13.58
200-Day Moving Average 15.13
Relative Strength Index (RSI) 80.32
Average Volume (20 Days) 4,706,046

Short Selling Information

The latest short interest is 2.81 million, so 12.18% of the outstanding shares have been sold short.

Short Interest 2.81M
Short Previous Month 2.38M
Short % of Shares Out 12.18%
Short % of Float 18.33%
Short Ratio (days to cover) 2.54

Income Statement

In the last 12 months, Bakkt Holdings had revenue of $3.78 billion and -$29.10 million in losses. Loss per share was -$4.44.

Revenue3.78B
Gross Profit -51.29M
Operating Income -73.99M
Pretax Income -60.53M
Net Income -29.10M
EBITDA -73.84M
EBIT -73.99M
Loss Per Share -$4.44
Full Income Statement

Balance Sheet

The company has $45.06 million in cash and $39.33 million in debt, giving a net cash position of $5.74 million or $0.25 per share.

Cash & Cash Equivalents 45.06M
Total Debt 39.33M
Net Cash 5.74M
Net Cash Per Share $0.25
Equity (Book Value) 57.83M
Book Value Per Share 5.06
Working Capital 17.27M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$89.59 million and capital expenditures -$1.00 million, giving a free cash flow of -$90.59 million.

Operating Cash Flow -89.59M
Capital Expenditures -1.00M
Free Cash Flow -90.59M
FCF Per Share -$3.92
Full Cash Flow Statement

Margins

Gross margin is -1.36%, with operating and profit margins of -1.96% and -0.77%.

Gross Margin -1.36%
Operating Margin -1.96%
Pretax Margin -1.60%
Profit Margin -0.77%
EBITDA Margin -1.95%
EBIT Margin -1.96%
FCF Margin n/a

Dividends & Yields

Bakkt Holdings does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -46.14%
Shareholder Yield -46.14%
Earnings Yield -3.12%
FCF Yield -9.71%

Analyst Forecast

The average price target for Bakkt Holdings is $13.00, which is -67.71% lower than the current price. The consensus rating is "Strong Buy".

Price Target $13.00
Price Target Difference -67.71%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

The last stock split was on April 29, 2024. It was a reverse split with a ratio of 1:25.

Last Split Date Apr 29, 2024
Split Type Reverse
Split Ratio 1:25

Scores

Bakkt Holdings has an Altman Z-Score of 13.22 and a Piotroski F-Score of 3.

Altman Z-Score 13.22
Piotroski F-Score 3