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Bakkt Holdings NYSE:BKKT Stock Report

Last Price

US$28.86

Market Cap

US$394.6m

7D

25.2%

1Y

-19.8%

Updated

20 Jan, 2025

Data

Company Financials

BKKT Stock Overview

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

BKKT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Bakkt Holdings, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Bakkt Holdings
Historical stock prices
Current Share PriceUS$28.86
52 Week HighUS$39.75
52 Week LowUS$5.57
Beta5.31
1 Month Change4.72%
3 Month Change145.62%
1 Year Change-19.83%
3 Year Change-71.91%
5 Year Changen/a
Change since IPO-89.51%

Recent News & Updates

Bakkt: Q3 Earnings And TMTG Buyout Rumors

Nov 19

Bakkt Holdings, Inc.'s (NYSE:BKKT) Share Price Boosted 163% But Its Business Prospects Need A Lift Too

Nov 19
Bakkt Holdings, Inc.'s (NYSE:BKKT) Share Price Boosted 163% But Its Business Prospects Need A Lift Too

Recent updates

Bakkt: Q3 Earnings And TMTG Buyout Rumors

Nov 19

Bakkt Holdings, Inc.'s (NYSE:BKKT) Share Price Boosted 163% But Its Business Prospects Need A Lift Too

Nov 19
Bakkt Holdings, Inc.'s (NYSE:BKKT) Share Price Boosted 163% But Its Business Prospects Need A Lift Too

Bakkt Holdings: High Cash Burn Ramps With Sale Unlikely To Be Positive

Sep 24

Bakkt Holdings: A Tough Spot To Be In

Sep 15

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

Shareholder Returns

BKKTUS Capital MarketsUS Market
7D25.2%7.4%3.2%
1Y-19.8%41.7%24.2%

Return vs Industry: BKKT underperformed the US Capital Markets industry which returned 41.7% over the past year.

Return vs Market: BKKT underperformed the US Market which returned 24.2% over the past year.

Price Volatility

Is BKKT's price volatile compared to industry and market?
BKKT volatility
BKKT Average Weekly Movement48.9%
Capital Markets Industry Average Movement4.5%
Market Average Movement6.5%
10% most volatile stocks in US Market18.9%
10% least volatile stocks in US Market3.2%

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

Volatility Over Time: BKKT's weekly volatility has increased from 30% to 49% over the past year.

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$394.55m
Earnings (TTM)-US$54.18m
Revenue (TTM)US$1.91b

0.1x

P/S Ratio

-3.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BKKT income statement (TTM)
RevenueUS$1.91b
Cost of RevenueUS$1.96b
Gross Profit-US$56.98m
Other Expenses-US$2.80m
Earnings-US$54.18m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-8.37
Gross Margin-2.99%
Net Profit Margin-2.84%
Debt/Equity Ratio0%

How did BKKT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 05:17
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bakkt Holdings, Inc. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peter ChristiansenCitigroup Inc
John Marc RoyWater Tower Research LLC
Jeffrey CantwellWells Fargo Securities, LLC