Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Bakkt Holdings, Inc. Market Cap
From what 0 stock analysts predict, the share price for Bakkt Holdings, Inc. (BKKT) might decrease by 100% in the next year. This is based on a 12-month average estimation for BKKT. Price targets go from $ to $. The majority of stock analysts believe BKKT is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned BKKT 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Bakkt Holdings, Inc. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BKKT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BKKT.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Peter Christiansen Citigroup | Sell | $0.3 | Maintains | Mar 27, 2024 |
| Andrew Bond Rosenblatt | Buy | $0.75 | Reiterates | Mar 26, 2024 |
| Andrew Bond Rosenblatt | Buy | $0.75 | Maintains | Mar 1, 2024 |
| Andrew Bond Rosenblatt | Buy | $1.7 | Maintains | Nov 15, 2023 |
| Andrew Bond Rosenblatt | Buy | $2.1 | Reiterates | Aug 11, 2023 |
| Andrew Bond Rosenblatt | Buy | $2.1 | Reiterates | May 12, 2023 |
| Andrew Bond Rosenblatt | Buy | $2.1 | Reiterates | Mar 31, 2023 |
| Andrew Bond Rosenblatt | Buy | $2.1 | Maintains | Mar 10, 2023 |
| Jeff Cantwell Wells Fargo | Equal-Weight | $2 | Maintains | Jan 9, 2023 |
| Andrew Bond Rosenblatt | Buy | $2.2 | Initiates | Nov 30, 2022 |
| Jeff Cantwell Wells Fargo | Equal-Weight | $2.5 | Initiates | Sep 29, 2022 |
| Peter Christiansen Citigroup | Neutral | $3.25 | Maintains | Aug 19, 2022 |
| Trevor Williams Jefferies | Hold | $7 | Maintains | Jan 12, 2022 |
Jefferies | Hold | Initiates | Nov 11, 2021 |
When did it IPO
2021
Staff Count
747
Country
United States
Sector/Industry
Technology/Software - Infrastructure
CEO
Mr. Andrew A. Main
Market Cap
$162.2M
In 2023, BKKT generated $780.1M in revenue, which was a increase of 1,287.55% from the previous year. This can be seen as a signal that BKKT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 19 Nov 2024
Sentiment - POSITIVE
Source - Fox Business
Summary - President-elect Trump's social media company is in advanced talks to acquire cryptocurrency exchange Bakkt amid rising digital asset values.
Why It Matters - The potential acquisition of Bakkt by Trump's social media company signals increasing mainstream acceptance of digital assets, potentially boosting market confidence and investment in cryptocurrencies.
Tue, 19 Nov 2024
Sentiment - POSITIVE
Source - New York Post
Summary - Bakkt's market capitalization was over $150 million on Monday, but the valuation of its current deal remains unspecified.
Why It Matters - Uncertainty in deal valuation could indicate potential volatility for Bakkt's stock, impacting investment decisions and market confidence.
Tue, 19 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Bakkt Holdings, Inc. (NYSE: BKKT) acknowledged rumors of a potential transaction but will not comment further, adhering to its policy on market speculation.
Why It Matters - Rumors of a potential transaction can impact Bakkt's stock price and investor sentiment. Speculation may lead to volatility, affecting investment decisions and strategies.
Tue, 19 Nov 2024
Sentiment - NEGATIVE
Source - Yahoo Finance
Summary - Trump Media & Technology Group is in talks to acquire Bakkt Holdings, a cryptocurrency trading platform. Following the news, Trump Media shares are declining, while Bakkt's stock gains.
Why It Matters - Acquisition talks can signal potential growth or synergies, affecting stock performance. Trump Media's volatility and Bakkt's gains reflect investor sentiment on this strategic move.
Tue, 19 Nov 2024
Sentiment - NEUTRAL
Source - Proactive Investors
Summary - Trump Media & Technology Group Corp (NASDAQ:DJT) shares declined in pre-market trading amid reports of a bid for cryptocurrency firm Bakkt, potentially involving an all-share deal with ICE.
Why It Matters - Declining shares of Trump Media signal investor concern over potential volatility and strategic shifts impacting the firm's future value amid Bakkt acquisition news.
Tue, 19 Nov 2024
Sentiment - POSITIVE
Source - Schaeffers Research
Summary - Bakkt Holdings Inc (NYSE: BKKT) shares rose 10.5% to $32.84, with an earlier peak of $37.21.
Why It Matters - Bakkt Holdings' share price surge indicates heightened investor interest and confidence, potentially reflecting positive market sentiment or significant developments within the company.
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