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Bakkt Holdings NYSE:BKKT Stock Report

Last Price

US$11.46

Market Cap

US$153.9m

7D

16.5%

1Y

-67.0%

Updated

19 May, 2024

Data

Company Financials +

BKKT Stock Overview

Offers software as a service and application programming interface solutions for crypto and loyalty, powering engagement, and performance.

BKKT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Bakkt Holdings, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bakkt Holdings
Historical stock prices
Current Share PriceUS$11.46
52 Week HighUS$68.75
52 Week LowUS$5.57
Beta4.09
1 Month Change15.23%
3 Month Change-52.99%
1 Year Change-67.02%
3 Year Change-95.50%
5 Year Changen/a
Change since IPO-95.83%

Recent News & Updates

Recent updates

Lacklustre Performance Is Driving Bakkt Holdings, Inc.'s (NYSE:BKKT) 31% Price Drop

Mar 09
Lacklustre Performance Is Driving Bakkt Holdings, Inc.'s (NYSE:BKKT) 31% Price Drop

Bakkt: Undervalued Opportunity With Bottom Line Expansion

Feb 01

Bakkt Holdings, Inc. (NYSE:BKKT) Not Doing Enough For Some Investors As Its Shares Slump 26%

Jan 24
Bakkt Holdings, Inc. (NYSE:BKKT) Not Doing Enough For Some Investors As Its Shares Slump 26%

Bakkt Holdings, Inc. (NYSE:BKKT) Shares Fly 53% But Investors Aren't Buying For Growth

Nov 24
Bakkt Holdings, Inc. (NYSE:BKKT) Shares Fly 53% But Investors Aren't Buying For Growth

Breaking: Bitcoin ETFs On The Verge Of Approval; Position For The Crypto Moon With Bakkt

Nov 17

Bakkt: Inorganic Growth Efforts, Crypto Growth, And Undervalued

Jul 14

Bakkt Holdings Q3 2022 Earnings Preview

Nov 09

Bakkt Would Be Struggling Even Without A Crypto Winter

Sep 06

Bakkt to allow Sullivan Bank customers to trade bitcoin, ethereum

Aug 24

Bakkt Holdings GAAP EPS of -$0.05, revenue of $13.6M misses by $0.3M, updates FY guidance

Aug 11

Bakkt: The Emergence Of A Crypto-Economy Giant

May 04

More Banks Are Using Bakkt's Cryptocurrency App

Apr 07

Bakkt Holdings: Crypto To America And Then The World

Jan 05

Bakkt: Building Better Digital Financial Services

Nov 18

We're Not Very Worried About Bakkt Holdings' (NYSE:BKKT) Cash Burn Rate

Nov 04
We're Not Very Worried About Bakkt Holdings' (NYSE:BKKT) Cash Burn Rate

Shareholder Returns

BKKTUS Capital MarketsUS Market
7D16.5%2.5%1.7%
1Y-67.0%38.7%26.3%

Return vs Industry: BKKT underperformed the US Capital Markets industry which returned 38.7% over the past year.

Return vs Market: BKKT underperformed the US Market which returned 26.3% over the past year.

Price Volatility

Is BKKT's price volatile compared to industry and market?
BKKT volatility
BKKT Average Weekly Movement22.7%
Capital Markets Industry Average Movement3.3%
Market Average Movement5.9%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market2.8%

Stable Share Price: BKKT's share price has been volatile over the past 3 months.

Volatility Over Time: BKKT's weekly volatility (23%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2018747Andy Mainwww.bakkt.com

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 solutions for various rewards categories comprising travel, gift cards, and merchandise; travel solutions that offer a retail e-commerce booking platform, as well as live-agent booking and servicing; and unified shopping experience.

Bakkt Holdings, Inc. Fundamentals Summary

How do Bakkt Holdings's earnings and revenue compare to its market cap?
BKKT fundamental statistics
Market capUS$153.87m
Earnings (TTM)-US$69.04m
Revenue (TTM)US$1.62b

0.0x

P/S Ratio

-1.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BKKT income statement (TTM)
RevenueUS$1.62b
Cost of RevenueUS$1.68b
Gross Profit-US$62.98m
Other ExpensesUS$6.06m
Earnings-US$69.04m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-11.08
Gross Margin-3.88%
Net Profit Margin-4.26%
Debt/Equity Ratio0%

How did BKKT perform over the long term?

See historical performance and comparison
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