NYSE:BKKT Bakkt (BKKT) Stock Price, News & Analysis → “The Stock Market’s Bull Run is Far from Over” -Barrons (From Vertical Research Advisory) (Ad) Free BKKT Stock Alerts $0.46 -0.02 (-4.17%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$0.45▼$0.4950-Day Range$0.45▼$1.5452-Week Range$0.41▼$2.75Volume9.41 million shsAverage Volume10.20 million shsMarket Capitalization$126.29 millionP/E RatioN/ADividend YieldN/APrice Target$0.53 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Bakkt alerts: Email Address Bakkt MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside14.2% Upside$0.53 Price TargetShort InterestHealthy17.22% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.03Based on 13 Articles This WeekInsider TradingAcquiring Shares$2.40 M Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.21) to ($0.18) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.48 out of 5 starsBusiness Services Sector253rd out of 310 stocksNondepository Credit Institutions Industry34th out of 45 stocks 2.0 Analyst's Opinion Consensus RatingBakkt has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $0.53, Bakkt has a forecasted upside of 14.2% from its current price of $0.46.Amount of Analyst CoverageBakkt has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted17.22% of the float of Bakkt has been sold short.Short Interest Ratio / Days to CoverBakkt has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Bakkt has recently decreased by 9.11%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldBakkt does not currently pay a dividend.Dividend GrowthBakkt does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BKKT. Previous Next 2.2 News and Social Media Coverage News SentimentBakkt has a news sentiment score of 0.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Bakkt this week, compared to 2 articles on an average week.Search InterestOnly 14 people have searched for BKKT on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.MarketBeat Follows19 people have added Bakkt to their MarketBeat watchlist in the last 30 days. This is an increase of 280% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bakkt insiders have bought 113.80% more of their company's stock than they have sold. Specifically, they have bought $2,402,948.00 in company stock and sold $1,123,925.00 in company stock.Percentage Held by InsidersOnly 1.93% of the stock of Bakkt is held by insiders.Percentage Held by InstitutionsOnly 11.11% of the stock of Bakkt is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Bakkt are expected to grow in the coming year, from ($0.21) to ($0.18) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bakkt is -0.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Bakkt is -0.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBakkt has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsCentral Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.Find out how you can protect yourself now >>> About Bakkt Stock (NYSE:BKKT)Bakkt Holdings, Inc. offers a platform for crypto and redeeming loyalty points. The company's institutional-grade technology platform offers various solutions, such as Custody, an institutional-grade custody solution for market participants; Crypto Connect, a platform that enables consumers, businesses, and institutions to buy, sell, and store crypto in a digital experience; Crypto Rewards that focuses on enabling customers to earn crypto rewards, as well as redeem existing reward currencies into crypto; and Crypto Payouts for customers to automatically invest a portion of payments into crypto. Its platform also offers a range of loyalty solutions, including redemption solutions for various rewards categories comprising merchandise, gift cards, and digital experiences; travel solutions that offer a retail e-commerce booking platform, as well as live-agent booking and servicing; and unified shopping experience. The company was founded in 2018 and is headquartered in Alpharetta, Georgia.Read More BKKT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BKKT Stock News HeadlinesMarch 28, 2024 | americanbankingnews.comBakkt (NYSE:BKKT) Given New $0.30 Price Target at CitigroupMarch 27, 2024 | americanbankingnews.comBakkt (NYSE:BKKT) Receives Buy Rating from Rosenblatt SecuritiesMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 26, 2024 | finance.yahoo.comBakkt Holdings, Inc. (NYSE:BKKT) Q4 2023 Earnings Call TranscriptMarch 26, 2024 | msn.comBakkt Holdings Reports Q4, Shares Climb On Strong FY24 GuidanceMarch 25, 2024 | investorplace.comBKKT Stock Earnings: Bakkt Hldgs Misses EPS, Beats Revenue for Q4 2023March 25, 2024 | businesswire.comBakkt Reports Fourth Quarter and Full Year 2023 ResultsMarch 20, 2024 | axios.comFacing delisting, Bakkt replaces its CEOMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 19, 2024 | benzinga.comEarnings Preview: Bakkt HldgsMarch 18, 2024 | msn.comBakkt appoints Andy Main as CEOMarch 18, 2024 | businesswire.comBakkt Announces Leadership TransitionMarch 16, 2024 | finance.yahoo.comBKKT Apr 2024 1.500 callMarch 16, 2024 | ca.finance.yahoo.comBKKT Apr 2024 1.500 putMarch 16, 2024 | finance.yahoo.comBKKT Apr 2024 1.000 callMarch 13, 2024 | msn.comBakkt gets non-compliance notice from NYSEMarch 13, 2024 | businesswire.comBakkt Notified by NYSE of Non-Compliance with NYSE Trading Share Price Listing RuleMarch 8, 2024 | finance.yahoo.comBakkt Now Available Through Unchained’s Collaborative Custody NetworkMarch 8, 2024 | businesswire.comBakkt Now Available Through Unchained's Collaborative Custody NetworkMarch 1, 2024 | markets.businessinsider.comRosenblatt Maintains Buy Rating for Bakkt Hldgs: Here's What You Need To KnowFebruary 29, 2024 | benzinga.comWhy Crypto-Related Stock Bakkt Is FallingFebruary 29, 2024 | markets.businessinsider.comBakkt Announces Two Registered Direct Offering AgreementsFebruary 29, 2024 | businesswire.comBakkt Announces $40 Million Registered Direct Offering with Institutional Investors and $10 Million Concurrent Registered Direct OfferingFebruary 29, 2024 | markets.businessinsider.comBakkt Holdings Reports Preliminary Results; FY Revenues In Line With Prior GuidanceFebruary 29, 2024 | businesswire.comBakkt Announces Preliminary 2023 Financial Results; Preliminary Estimates Within Previously Provided GuidanceFebruary 27, 2024 | finance.yahoo.comBakkt Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 ResultsFebruary 27, 2024 | businesswire.comBakkt Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 ResultsSee More Headlines Receive BKKT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bakkt and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today3/28/2024Next Earnings (Estimated)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Nondepository credit institutions Sub-IndustryN/A Current SymbolNYSE:BKKT CUSIPN/A CIK1820302 Webwww.victoryparkcapital.com Phone678-534-5849FaxN/AEmployees1,037Year FoundedN/APrice Target and Rating Average Stock Price Target$0.53 High Stock Price Target$0.75 Low Stock Price Target$0.30 Potential Upside/Downside+14.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.84) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-578,100,000.00 Net Margins-9.59% Pretax Margin-28.89% Return on Equity-33.06% Return on Assets-9.20% Debt Debt-to-Equity RatioN/A Current Ratio1.10 Quick Ratio1.17 Sales & Book Value Annual Sales$579.87 million Price / Sales0.22 Cash Flow$11.50 per share Price / Cash Flow0.04 Book Value$1.27 per share Price / Book0.36Miscellaneous Outstanding Shares274,664,000Free Float269,363,000Market Cap$126.29 million OptionableOptionable Beta4.19 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesDr. Gavin Constantine Michael (Age 59)President, CEO & Director Comp: $756.94kMs. Karen J. Alexander CFA (Age 52)CFO & Principal Financial Officer Comp: $661.44kMr. Marc D'Annunzio (Age 51)General Counsel & Secretary Comp: $636.68kMr. Gordon Watson (Age 44)Executive Director Comp: $25kMr. Alex JacobsChief Administrative OfficerMr. Charles Goodroe (Age 40)VP, Chief Accounting Officer & Principal Accounting Officer Mr. Nicholas BaesChief Technology OfficerMs. Ann Park DeVriesHead of Investor RelationsMs. Lauren PostHead of CommunicationsMs. Kim JimenezChief Human Resources OfficerMore ExecutivesKey CompetitorsBit DigitalNASDAQ:BTBTMogoNASDAQ:MOGODigihost TechnologyNASDAQ:DGHIOppFiNYSE:OPFISOSNYSE:SOSView All CompetitorsInsiders & InstitutionsHighPoint Advisor Group LLCBought 89,961 shares on 3/26/2024Ownership: 0.033%Quadrature Capital LtdBought 39,947 shares on 3/25/2024Ownership: 0.015%Vanguard Group Inc.Bought 231,374 shares on 3/11/2024Ownership: 1.241%Wellington Management Group LLPSold 47,969 shares on 3/5/2024Ownership: 0.034%Intercontinental Exchange, IncBought 2,762,009 shares on 3/4/2024Total: $2.40 M ($0.87/share)View All Insider TransactionsView All Institutional Transactions BKKT Stock Analysis - Frequently Asked Questions Should I buy or sell Bakkt stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bakkt in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BKKT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BKKT, but not buy additional shares or sell existing shares. View BKKT analyst ratings or view top-rated stocks. What is Bakkt's stock price target for 2024? 2 equities research analysts have issued 1 year target prices for Bakkt's stock. Their BKKT share price targets range from $0.30 to $0.75. On average, they expect the company's share price to reach $0.53 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price. View analysts price targets for BKKT or view top-rated stocks among Wall Street analysts. How have BKKT shares performed in 2024? Bakkt's stock was trading at $2.23 at the start of the year. Since then, BKKT stock has decreased by 79.4% and is now trading at $0.4598. View the best growth stocks for 2024 here. Are investors shorting Bakkt? Bakkt saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 18,660,000 shares, a decrease of 9.1% from the February 29th total of 20,530,000 shares. Based on an average daily volume of 6,470,000 shares, the short-interest ratio is currently 2.9 days. Approximately 17.2% of the shares of the company are short sold. View Bakkt's Short Interest. When is Bakkt's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our BKKT earnings forecast. What ETFs hold Bakkt's stock? ETFs with the largest weight of Bakkt (NYSE:BKKT) stock in their portfolio include Invesco Alerian Galaxy Crypto Economy ETF (SATO), Horizon Kinetics Blockchain Development ETF (BCDF), Bitwise Crypto Industry Innovators ETF (BITQ), Grayscale Future of Finance ETF (GFOF), VanEck Digital Assets Mining ETF (DAM), VanEck Digital Transformation ETF (DAPP), Fidelity Crypto Industry and Digital Payments ETF (FDIG) and Global X Blockchain ETF (BKCH). What guidance has Bakkt issued on next quarter's earnings? Bakkt issued an update on its FY 2024 earnings guidance on Monday, March, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.3 billion-$5.1 billion. Who are Bakkt's major shareholders? Bakkt's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.24%), Vanguard Group Inc. (1.24%), Van ECK Associates Corp (1.06%), Exchange Traded Concepts LLC (0.95%), Mirae Asset Global Investments Co. Ltd. (0.70%) and Horizon Kinetics Asset Management LLC (0.34%). Insiders that own company stock include Gavin Constantine Michael, Impact Acquisition Holding Vpc, Intercontinental Exchange, Inc, Marc D'annunzio, Mark Sonbolian Elliot and Sean Roberts Collins. View institutional ownership trends. How do I buy shares of Bakkt? Shares of BKKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:BKKT) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Bakkt Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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