Bakkt Holdings, Inc. (BKKT)
| Market Cap | 131.05M |
| Revenue (ttm) | 780.14M |
| Net Income (ttm) | -74.85M |
| Shares Out | 321.68M |
| EPS (ttm) | -0.84 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,314,030 |
| Open | 0.404 |
| Previous Close | 0.400 |
| Day's Range | 0.395 - 0.418 |
| 52-Week Range | 0.395 - 2.750 |
| Beta | 3.97 |
| Analysts | Hold |
| Price Target | 0.53 (+29.87%) |
| Earnings Date | May 9, 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]
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 StatementsAnalyst Forecast
According to 2 analysts, the average rating for BKKT stock is "Hold." The 12-month stock price forecast is $0.53, which is an increase of 29.87% from the latest price.
News
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.
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 ...
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...
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...
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....
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.
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,...
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 ...
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...
Bakkt Lost $2 Billion. Here's Its Latest Plan To Survive
When Bakkt launched in 2018, the markets were ecstatic. “Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, is now in the bitcoin business,” read the MIT Technology Review.
Swan Bitcoin and Bakkt Team Up to Provide Bitcoin Trading Across 49 U.S. States
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) and Swan Bitcoin (“Swan”) today announced that the companies have enabled Bitcoin trading across 49 U.S. states together. ...
Bakkt Shelf Registration Statement Declared Effective by the SEC
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) announced that its “universal shelf” registration statement on Form S-3 was declared effective by the Securities and Excha...
Bakkt Issues Statement Regarding Recently Filed Amendments to Third Quarter Form 10-Q
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) issued the following statement regarding the recently filed amendments to its Form 10-Q for the quarter ended September 30...
Bakkt, backed by NYSE owner, faces cash crunch; stock plunges
Bakkt, once hailed as Bitcoin's potential saviour, is now grappling with a financial crisis that raises doubts about its future.
Bakkt Expands Crypto Trading Capabilities to 5 More Countries
Bakkt has expanded its crypto trading capabilities to Brazil, Guatemala, Spain, Hong Kong and Singapore. This expansion broadens Bakkt's footprint in Latin America and marks its entry into Asia, the p...
Bakkt Crypto Capabilities Activated Across Multiple International Regions
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today its activation of crypto capabilities in several new international markets in Asia, Europe, North America and South ...
Miranda Lambert Announces Final Dates for Velvet Rodeo Headlining Las Vegas Residency at Bakkt Theater at Planet Hollywood Resort & Casino
LAS VEGAS--(BUSINESS WIRE)--Miranda Lambert has announced the final dates for her critically acclaimed “Miranda Lambert: Velvet Rodeo The Las Vegas Residency” at Bakkt Theater at Planet Hollywood Reso...
Unchained Partners with Bakkt to Expand its Collaborative Custody Network for Bitcoin
AUSTIN, Texas--(BUSINESS WIRE)--Unchained, the leading financial services provider for bitcoin holders, today announced that Bakkt has agreed to join its network of collaborative custody partners. Bak...
Bakkt Announces Relaunch of Bakkt® Custody with Additional Functionality and Expanded Asset Support
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it has relaunched its Bakkt® Custody platform with enhanced capabilities, a revitalized interface, and a founda...
Bakkt Continues International Expansion as US Maintains Regulatory Uncertainty
Bakkt Holdings, a provider of crypto trading and custody services, is prioritizing international expansion as a key component of its business strategy. The company aims to enter nine new international...
Bakkt Reports Third Quarter 2023 Results
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) announced its financial and operational results for the quarter ended September 30, 2023. “This quarter we clearly demonst...
Bakkt Announces Expansion of International Footprint and Custody Client Base
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today its planned expansion of crypto capabilities into numerous international markets with both existing and newly-signed...
Bakkt to Participate in Oppenheimer's 6th Blockchain & Digital Assets Summit
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will participate in the 6th Blockchain & Digital Assets Summit on Wednesday, November 15, 2023. Gavin Michae...
Superstar Jeff Dunham Announces Six 2024 Dates for “Still Not Canceled” at Bakkt Theater at Planet Hollywood Resort & Casino
LAS VEGAS--(BUSINESS WIRE)--Jeff Dunham and his somewhat-inappropriate-proteges, Peanut, Walter, José Jalapeño, Bubba J. and Achmed the Dead Terrorist, announce six 2024 dates for his show, “Still Not...
Scorpions Returning to Bakkt Theater at Planet Hollywood Resort & Casino With New Las Vegas Headlining Residency Celebrating the 40th Anniversary of Love at First Sting Album
LAS VEGAS--(BUSINESS WIRE)--Scorpions, one of the most iconic and influential hard rock bands of all time, are returning to the Las Vegas Strip in 2024 with a brand new exclusive headlining residency ...