image
Technology - Software - Infrastructure - NYSE - US
$ 9.0268
-2.77 %
$ 60.1 M
Market Cap
-1.14
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one BKKT stock under the worst case scenario is HIDDEN Compared to the current market price of 9.03 USD, Bakkt Holdings, Inc. is HIDDEN

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one BKKT stock under the base case scenario is HIDDEN Compared to the current market price of 9.03 USD, Bakkt Holdings, Inc. is HIDDEN

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one BKKT stock under the best case scenario is HIDDEN Compared to the current market price of 9.03 USD, Bakkt Holdings, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BKKT

image
$35.0$35.0$30.0$30.0$25.0$25.0$20.0$20.0$15.0$15.0$10.0$10.0$5.0$5.015 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '25
FINANCIALS
3.49 B REVENUE
347.39%
-92.9 M OPERATING INCOME
59.23%
-103 M NET INCOME
-38.20%
-21.2 M OPERATING CASH FLOW
65.07%
14.1 M INVESTING CASH FLOW
-78.58%
43.8 M FINANCING CASH FLOW
1763.55%
1.8 B REVENUE
447.26%
-11.7 M OPERATING INCOME
57.35%
-40.4 M NET INCOME
-108.08%
31.4 M OPERATING CASH FLOW
225.28%
6.24 M INVESTING CASH FLOW
5.71%
-260 K FINANCING CASH FLOW
-132.14%
Balance Sheet Bakkt Holdings, Inc.
image
Current Assets 184 M
Cash & Short-Term Investments 39 M
Receivables 24.6 M
Other Current Assets 120 M
Non-Current Assets 85.5 M
Long-Term Investments 0
PP&E 2.06 M
Other Non-Current Assets 83.5 M
14.50 %9.15 %44.60 %30.99 %Total Assets$269.4m
Current Liabilities 138 M
Accounts Payable 12.8 M
Short-Term Debt 4.28 M
Other Current Liabilities 121 M
Non-Current Liabilities 68.8 M
Long-Term Debt 19.3 M
Other Non-Current Liabilities 49.5 M
6.19 %58.42 %9.33 %23.99 %Total Liabilities$206.5m
EFFICIENCY
Earnings Waterfall Bakkt Holdings, Inc.
image
Revenue 3.49 B
Cost Of Revenue 3.4 B
Gross Profit 87 M
Operating Expenses 180 M
Operating Income -92.9 M
Other Expenses 10.5 M
Net Income -103 M
4b4b3b3b3b3b2b2b2b2b1b1b500m500m00(500m)(500m)3b(3b)87m(180m)(93m)(11m)(103m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
2.49% GROSS MARGIN
2.49%
-2.66% OPERATING MARGIN
-2.66%
-1.34% NET MARGIN
-1.34%
-137.66% ROE
-137.66%
-17.32% ROA
-17.32%
-68.46% ROIC
-68.46%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Bakkt Holdings, Inc.
image
00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)(100m)(100m)(120m)(120m)(140m)(140m)(160m)(160m)202020202021202120222022202320232024202420252025
Net Income -103 M
Depreciation & Amortization 343 K
Capital Expenditures 0
Stock-Based Compensation 15.8 M
Change in Working Capital 46.3 M
Others 76.3 M
Free Cash Flow -24.3 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Bakkt Holdings, Inc.
image
BKKT has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 11
6. Ownership
Insider Ownership Bakkt Holdings, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
BKKT Investors Are Reminded of an Opportunity to Lead Bakkt Holdings, Inc. Securities Fraud Lawsuit with the Schall Law Firm LOS ANGELES , May 7, 2025 /PRNewswire/ --  The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Bakkt Holdings, Inc. ("Bakkt" or "the Company") (NYSE: BKKT)  for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 25, 2024 and March 17, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before June 2, 2025. prnewswire.com - 1 week ago
INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bakkt Holdings Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Bakkt To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Bakkt between March 25, 2024 and March 17, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext. 1310). [You may also click here for additional information] NEW YORK , May 7, 2025 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE: BKKT) and reminds investors of the June 2, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. prnewswire.com - 1 week ago
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Bakkt Holdings, Inc. of Class Action Lawsuit and Upcoming Deadlines - BKKT NEW YORK CITY, NY / ACCESS Newswire / May 7, 2025 / Pomerantz LLP announces that a class action lawsuit has been filed against Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE:BKKT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. accessnewswire.com - 1 week ago
BKKT STOCKHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Bakkt Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit! NEW YORK CITY, NY / ACCESS Newswire / May 7, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Bakkt Holdings, Inc. ("Bakkt" or "the Company") (NYSE:BKKT) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Bakkt securities between March 25, 2024 and March 17, 2025, both dates inclusive (the "Class Period"). accessnewswire.com - 1 week ago
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Bakkt Holdings, Inc. of Class Action Lawsuit and Upcoming Deadlines - BKKT NEW YORK , May 6, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE: BKKT).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. prnewswire.com - 1 week ago
BKKT SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Bakkt Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit! NEW YORK CITY, NY / ACCESS Newswire / May 6, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Bakkt Holdings, Inc. ("Bakkt" or "the Company") (NYSE:BKKT) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Bakkt securities between March 25, 2024 and March 17, 2025, both dates inclusive (the "Class Period"). accessnewswire.com - 1 week ago
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Bakkt Holdings, Inc. of Class Action Lawsuit and Upcoming Deadlines - BKKT NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. globenewswire.com - 2 weeks ago
BKKT INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Bakkt Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit! NEW YORK CITY, NY / ACCESS Newswire / May 5, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Bakkt Holdings, Inc. ("Bakkt" or "the Company") (NYSE:BKKT) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Bakkt securities between March 25, 2024 and March 17, 2025, both dates inclusive (the "Class Period"). accessnewswire.com - 2 weeks ago
ROSEN, A TOP RANKED LAW FIRM, Encourages Bakkt Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BKKT NEW YORK, May 04, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Bakkt Holdings, Inc. (NYSE: BKKT) between March 25, 2024 and March 17, 2025, both dates inclusive (the “Class Period”), of the important June 2, 2025 lead plaintiff deadline. globenewswire.com - 2 weeks ago
BKKT Investors Have Opportunity to Lead Bakkt Holdings, Inc. Securities Fraud Lawsuit NEW YORK , May 4, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Bakkt Holdings, Inc. (NYSE: BKKT) between March 25, 2024 and March 17, 2025, both dates inclusive (the "Class Period"), of the important June 2, 2025 lead plaintiff deadline. So what: If you purchased Bakkt securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. prnewswire.com - 2 weeks ago
BKKT INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Bakkt Holdings, Inc. Investors with Losses Have Opportunity to Lead Class Action Lawsuit NEW YORK CITY, NY / ACCESS Newswire / May 4, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Bakkt Holdings, Inc. ("Bakkt" or "the Company") (NYSE:BKKT) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Bakkt securities between March 25, 2024 and March 17, 2025, both dates inclusive (the "Class Period"). accessnewswire.com - 2 weeks ago
8. Profile Summary

Bakkt Holdings, Inc. BKKT

image
COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 60.1 M
Dividend Yield 0.00%
Description Bakkt Holdings, Inc. operates a digital asset platform. The company's platform enables consumers to buy, sell, convert, and spend digital assets. Its customers include merchants, retailers, and financial institutions. Bakkt Holdings, Inc. has a strategic alliance with the Global Payments to collaborate on use cases starting with enabling cryptocurrency redemption in customer loyalty programs offered by bankcard clients, as well as expanding its banking-as-a-service offerings to include consumer access to cryptocurrency. The company was formerly known as VPC Impact Acquisition Holdings and changed its name to Bakkt Holdings, Inc. The company was founded in 2018 and is headquartered in Alpharetta, Georgia. Bakkt Holdings, Inc. is a subsidiary of Intercontinental Exchange Holdings, Inc.
Contact 10000 Avalon Boulevard, Alpharetta, GA, 30009 https://www.bakkt.com
IPO Date Nov. 19, 2020
Employees 559
Officers Mr. Joe Henderson Vice President, Chief Accounting Officer & Principal Accounting Officer Mr. Marc D'Annunzio J.D. General Counsel & Corporate Secretary Mr. Andrew A. Main President, Co-Chief Executive Officer & Director Mr. Ray Kamrath Chief Commercial Officer of crypto Business. Mr. Nicholas Baes Chief Operating Officer Mr. David C. Clifton Executive Director Mr. Gordon Watson Executive Director Mr. Jeff Kindle Chief Customer and Revenue Officer of Loyalty Ms. Karen J. Alexander CFA Chief Financial Officer & Principal Financial Officer Mr. Akshay Naheta Co-Chief Executive Officer & Director