Bakkt, Inc. (BKKT)
| Market Cap | 262.22M |
| Revenue (ttm) | 2.34B |
| Net Income (ttm) | -107.21M |
| Shares Out | 30.56M |
| EPS (ttm) | -8.87 |
| PE Ratio | n/a |
| Forward PE | 9.53 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 534,870 |
| Open | 8.78 |
| Previous Close | 9.00 |
| Day's Range | 8.50 - 8.83 |
| 52-Week Range | 6.87 - 49.79 |
| Beta | 6.06 |
| Analysts | Strong Buy |
| Price Target | 21.50 (+150.58%) |
| Earnings Date | May 12, 2026 |
About BKKT
Bakkt, Inc. engages in digital building financial infrastructure. The company offers Bakkt Market solutions which enables institutions to launch secure, compliant, and advanced digital asset brokerage, trading and payment capabilities through a plug-and-play platform; Bakkt Agent provides programmable access to Bakkt’s financial infrastructure through an intelligent software layer that coordinates onboarding, account creation, funding, and global money movement; and Bakkt Global enables Bakkt to expand its technology and infrastructure into int... [Read more]
Financial Performance
In 2025, Bakkt's revenue was $2.34 billion, a decrease of -32.14% compared to the previous year's $3.44 billion. Losses were -$107.21 million, 129.8% more than in 2024.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for BKKT stock is "Strong Buy." The 12-month stock price target is $21.5, which is an increase of 150.58% from the latest price.
News
Bakkt Transcript: EGM 2026
Stockholders approved the issuance of Class A common stock for the DTR Global Ltd. acquisition, following recommendations from independent directors. The adjournment proposal was not needed, and final results will be filed on Form 8-K.
Bakkt Transcript: AGM 2026
The meeting was adjourned due to lack of quorum and will reconvene on April 17, 2026. Nearly half of shares have submitted proxies, with 99.1% supporting the issuance proposal. No changes were made to proposals, and previously submitted proxies remain valid.
Bakkt Transcript: Investor Day 2026
A comprehensive transformation has positioned the company for scalable growth, with a focus on programmable money, AI-driven finance, and global expansion. Financial discipline, new partnerships, and a modular tech stack underpin a strategy targeting rapid user and revenue growth in 2026.
UPDATE - Bakkt Releases Shareholder Letter and Reports Full Year 2025 Financial Results
NEW YORK, March 16, 2026 (GLOBE NEWSWIRE) -- Bakkt, Inc. (“Bakkt” or the “Company”) (NYSE:BKKT) today released a shareholder letter from Chief Executive Officer Akshay Naheta and reported its financia...
Bakkt Releases Shareholder Letter and Reports Full Year 2025 Financial Results
NEW YORK, March 16, 2026 (GLOBE NEWSWIRE) -- Bakkt, Inc. (“Bakkt” or the “Company”) (NYSE:BKKT) today released a shareholder letter from Chief Executive Officer Akshay Naheta and reported its financia...
Bakkt Announces Timing of Fourth Quarter 2025 Earnings Results and Investor Day Presentation
NEW YORK, March 12, 2026 (GLOBE NEWSWIRE) -- Bakkt, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) today announced that it will release its fourth quarter 2025 financial results after market close on Mo...
Bakkt Announces Pricing of $48.125 Million Registered Direct Offering
NEW YORK, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Bakkt, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) today announced the pricing of a registered direct offering of 3,024,799 shares of Class A common stock ...
Bakkt Announces Partnership with Nexo
NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Bakkt, Inc. (“Bakkt” or the “Company”) (NYSE:BKKT) today announced a new partnership with Nexo, a global digital assets wealth platform, as part of its Bakk...
Bakkt Provides Update on Existing Shelf Registration Statement
NEW YORK, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE:BKKT) today announced that pursuant to its existing shelf registration statement filed in June 2025 it...
Bakkt Agrees to Acquire Distributed Technologies Research Ltd.
- Acquisition advances Bakkt's global stablecoin settlement and programmable payments strategy - Company to operate as “Bakkt, Inc.” effective January 22, 2026 - Investor Day scheduled for March 17, 2...
Bakkt Files Post-Effective Amendments to Form S-3 Registration Statements Following Corporate Reorganization
NEW YORK, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE:BKKT) today announced that it has filed post-effective amendments to its registration statements on Fo...
Bakkt Earnings Call Transcript: Q3 2025
Reported $402M in GAAP revenue (up 27% YoY) and $29M adjusted EBITDA, with transformation nearly complete and a focus on regulated digital asset infrastructure. Strong liquidity, no debt, and international expansion position the company for profitable growth in 2026.
Bakkt Reports Third Quarter 2025 Results
- GAAP revenue1 of $402.2 million, up 27% year-over-year- GAAP net loss of $23.2 million, primarily due to 2024 registered direct offering warrant liability mark-to-market- Adjusted EBITDA of $28.7 mi...
Bakkt Completes Capital Structure Simplification and Single-Class Stock Transition
NEW YORK, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE:BKKT) announced today announced that it has completed its previously disclosed reorganization, elimina...
Bakkt and ICE Strengthen Long-Term Alignment Through Board Transition
NEW YORK, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE:BKKT) announced today that David Clifton, an ICE executive and a founding member of Bakkt's Board, has...
Bakkt Schedules Conference Call to Discuss Third Quarter 2025 Results
NEW YORK, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE:BKKT) announced today that it will release its third quarter 2025 earnings on Monday, November 10, 202...
Bakkt Strengthens Board with Appointment of Renowned Macro Strategist Lyn Alden
NEW YORK, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) today announced the appointment of Lyn Alden to its Board of Directors. Lyn is an investor, bes...
Bakkt Announces Plan to Simplify Capital Structure and Transition to a Single-Class Common Stock
NEW YORK--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE:BKKT) announced today that it plans to eliminate its existing umbrella partnership-C corporation (“Up-C”) structure thr...
Bakkt Completes the Sale of Loyalty Business, Accelerating Transformation into a Pure-Play Digital Asset Infrastructure Platform
NEW YORK--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) announced today that it has completed the sale of its Loyalty business to Project Labrador Holdco, LLC, a wholly...
Bakkt Appoints Mike Alfred to Board to Accelerate Growth Strategy
NEW YORK--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) today announced the appointment of Mike Alfred to its Board of Directors. This addition strengthens Bakkt's gove...
Bakkt Holdings Acquires bitcoin.co.jp Domain
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) today announced that it has decided to forgo the rights to the domain www.bitcoin.jp and has instead fina...
Bakkt Eliminates All Remaining Long-term Debt
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) today announced it has redeemed its outstanding 0.00% convertible debenture due June 18, 2026, eliminatin...
What's Next For Bakkt? Investor Panic, Legal Trouble, And An Uncertain Future
Bakkt Holdings, Inc. BKKT is under pressure after investors filed a lawsuit on April 2, 2025. The issue centers around Bakkt's strong dependence on one major client, Webull Pay LLC, which brought in 7...
Benchmark Says Bakkt's Licenses Support New Crypto-Focused Business Model
Broker Benchmark reportedly initiated coverage of Bakkt with a buy rating, saying the company's regulatory footprint supports its efforts to “reboot” by shedding parts of its business and sharpening i...
Bakkt Earnings Call Transcript: Q2 2025
Strategic realignment completed, focusing on crypto infrastructure and stablecoin payments, with divestitures and new leadership. Q2 revenue rose 13% year-over-year but fell sequentially; net loss improved. New capital, product launches, and market expansion position the company for growth.