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Technology - Software - Infrastructure - NYSE - US
$ 8.95
2.23 %
$ 59.6 M
Market Cap
-1.09
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one BKKT stock under the worst case scenario is HIDDEN Compared to the current market price of 8.95 USD, Bakkt Holdings, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one BKKT stock under the base case scenario is HIDDEN Compared to the current market price of 8.95 USD, Bakkt Holdings, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one BKKT stock under the best case scenario is HIDDEN Compared to the current market price of 8.95 USD, Bakkt Holdings, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BKKT

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$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$5.0Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
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.
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Current Assets 184 M
Cash & Short-Term Investments 128 M
Receivables 24.6 M
Other Current Assets 31.6 M
Non-Current Assets 85.5 M
Long-Term Investments 0
PP&E 2.06 M
Other Non-Current Assets 83.5 M
47.37 %9.15 %11.72 %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.
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Revenue 3.49 B
Cost Of Revenue 118 M
Gross Profit 3.37 B
Operating Expenses 3.47 B
Operating Income -92.9 M
Other Expenses 10.5 M
Net Income -103 M
4b4b3b3b3b3b2b2b2b2b1b1b500m500m00(500m)(500m)3b(118m)3b(3b)(93m)(11m)(103m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
96.63% GROSS MARGIN
96.63%
-2.66% OPERATING MARGIN
-2.66%
-1.34% NET MARGIN
-1.34%
-137.66% ROE
-137.66%
-17.32% ROA
-17.32%
-68.24% ROIC
-68.24%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Bakkt Holdings, Inc.
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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 -21.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Bakkt Holdings, Inc.
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BKKT has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
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6. Ownership
Insider Ownership Bakkt Holdings, Inc.
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7. News
BKKT INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Bakkt Holdings, Inc. Stockholders Have Opportunity to Lead Class Action Lawsuit! NEW YORK CITY, NY / ACCESS Newswire / April 22, 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
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Bakkt Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BKKT NEW YORK, NY / ACCESS Newswire / April 21, 2025 / The Rosen Law Firm, P.A. 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. accessnewswire.com - 1 week ago
BKKT STOCK NEWS: Stockholders With Large Losses Should Contact Robbins LLP for Information About the Lead Plaintiff Deadline in the Bakkt Holdings, Inc. Class Action SAN DIEGO , April 21, 2025 /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Bakkt Holdings, Inc. (NYSE: BKKT) securities between March 25, 2024 and March 17, 2025. Bakkt is a technology company that builds software related to the selling, buying, and storage of cryptocurrency. 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, April 21, 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 - 1 week ago
BKKT INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Bakkt Holdings, Inc. Shareholders Have Opportunity to Lead Class Action Lawsuit NEW YORK CITY, NY / ACCESS Newswire / April 21, 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
ROSEN, A RANKED AND LEADING FIRM, Encourages Bakkt Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BKKT NEW YORK, NY / ACCESS Newswire / April 20, 2025 / 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. 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 CITY, NY / ACCESS Newswire / April 18, 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
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Bakkt Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BKKT NEW YORK, April 20, 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 - 1 week ago
BKKT SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Bakkt Holdings, Inc. Investors Have Opportunity to Lead Class Action Lawsuit! NEW YORK CITY, NY / ACCESS Newswire / April 20, 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
ROSEN, LEADING INVESTOR COUNSEL, Encourages Bakkt Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BKKT NEW YORK, NY / ACCESS Newswire / April 19, 2025 / 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. accessnewswire.com - 1 week ago
BKKT Investors Have Opportunity to Lead Bakkt Holdings, Inc. Securities Fraud Lawsuit NEW YORK , April 19, 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. What to do next: To join the Bakkt class action, go to https://rosenlegal.com/submit-form/?case_id=5546 or call Phillip Kim, Esq. prnewswire.com - 1 week ago
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bakkt Holdings NEW YORK CITY, NY / ACCESS Newswire / April 19, 2025 / Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Bakkt To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 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] 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. accessnewswire.com - 1 week ago
8. Profile Summary

Bakkt Holdings, Inc. BKKT

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COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 59.6 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. Gordon Watson Executive Director Mr. Nicholas Baes Chief Operating Officer Mr. Joe Henderson Vice President, Chief Accounting Officer & Principal Accounting Officer Ms. Karen J. Alexander CFA Chief Financial Officer & Principal Financial Officer Mr. Andrew A. Main President, Co-Chief Executive Officer & Director Mr. Akshay Naheta Co-Chief Executive Officer & Director Mr. Marc D'Annunzio J.D. General Counsel & Corporate Secretary Mr. David C. Clifton Executive Director