BKKT - Bakkt Holdings, Inc. Stock Price, Fair Value and News

11.46USD+0.97 (+9.25%)Market Closed

Market Summary

USD11.46+0.97

Market Closed

9.25%

BKKT Alerts

1 major insider buys recently.

BKKT Stock Price

View Fullscreen

BKKT RSI Chart

BKKT Valuation

Market Cap

2.1B

Price/Earnings (Trailing)

-29.81

Price/Sales (Trailing)

1.3

EV/EBITDA

-10.21

Price/Free Cashflow

84.34

BKKT Price/Sales (Trailing)

BKKT Profitability

EBT Margin

-12.44%

Return on Equity

-53.81%

Return on Assets

-4.47%

Free Cashflow Yield

1.19%

BKKT Fundamentals

BKKT Revenue

Revenue (TTM)

1.6B

Rev. Growth (Yr)

369.8%

Rev. Growth (Qtr)

298.38%

BKKT Earnings

Earnings (TTM)

-70.4M

Earnings Growth (Yr)

81.8%

Earnings Growth (Qtr)

-246.48%

Breaking Down BKKT Revenue

Last 7 days

16.5%

Last 30 days

2765%

Last 90 days

1069.4%

Trailing 12 Months

707.0%

How does BKKT drawdown profile look like?

BKKT Financial Health

Current Ratio

1.07

BKKT Investor Care

Buy Backs (1Y)

1.19%

Diluted EPS (TTM)

-18.61

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.6B	0	0	0
2023	237.0M	418.0M	599.1M	780.1M
2022	41.6M	47.2M	51.3M	56.0M
2021	30.7M	32.9M	35.1M	37.3M
2020	0	0	0	28.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Bakkt Holdings, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 25, 2024	intercontinental exchange, inc.	bought	304,213	0.867	350,880	-
Apr 22, 2024	d'annunzio marc	acquired	8,174	0.3987	20,504	general counsel & secretary
Apr 05, 2024	d'annunzio marc	sold (taxes)	-6,751	0.5156	-13,095	general counsel & secretary
Apr 05, 2024	alexander karen	sold (taxes)	-2,678	0.5156	-5,194	chief financial officer
Mar 26, 2024	main andrew a	acquired	-	-	9,146,340	chief exec officer & president
Mar 18, 2024	d'annunzio marc	acquired	-	-	636,986	general counsel & secretary
Mar 18, 2024	alexander karen	acquired	-	-	617,924	chief financial officer
Mar 18, 2024	alexander karen	acquired	-	-	43,942	chief financial officer
Mar 18, 2024	michael gavin constantine	acquired	-	-	1,947,380	ceo and president

Which funds bought or sold BKKT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-31.01	-22,416	3,717	-%
May 16, 2024	Tidal Investments LLC	reduced	-52.54	-46,624	5,058	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-67.69	-630,013	44,973	-%
May 16, 2024	COMERICA BANK	unchanged	-	-1,586	412	-%
May 15, 2024	Scientech Research LLC	sold off	-100	-30,540	-	-%
May 15, 2024	WELLINGTON MANAGEMENT GROUP LLP	sold off	-100	-205,298	-	-%
May 15, 2024	Federation des caisses Desjardins du Quebec	new	-	6,214	6,214	-%
May 15, 2024	PRICE T ROWE ASSOCIATES INC /MD/	unchanged	-	-29,000	8,000	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-80.05	-279,351	11,963	-%
May 15, 2024	BARCLAYS PLC	reduced	-49.34	-194,000	23,000	-%

Are Funds Buying or Selling BKKT?

Are funds buying BKKT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BKKT

No. of Funds

BKKT Alerts

1 major insider buys recently.

Unveiling Bakkt Holdings, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 29, 2024	intercontinental exchange, inc.	55.6%	7,453,112	SC 13D/A
Apr 05, 2024	blackrock inc.	3.2%	4,539,826	SC 13G/A
Mar 04, 2024	intercontinental exchange, inc.	56.6%	177,555,807	SC 13D/A
Feb 13, 2024	vanguard group inc	3.73%	3,409,602	SC 13G/A
Jan 31, 2024	blackrock inc.	5.5%	5,061,854	SC 13G
Apr 28, 2023	intercontinental exchange, inc.	64.3%	174,793,798	SC 13D/A
Apr 06, 2023	blackrock inc.	5.0%	4,073,480	SC 13G/A
Feb 09, 2023	vanguard group inc	7.07%	5,556,625	SC 13G
Feb 08, 2023	invesco ltd.	0.1%	89,659	SC 13G/A
Feb 03, 2023	blackrock inc.	5.4%	4,226,590	SC 13G

Recent SEC filings of Bakkt Holdings, Inc.

View All Filings

Date Filed	Form Type	Document
May 15, 2024	10-Q	Quarterly Report
May 15, 2024	8-K	Current Report
May 03, 2024	8-K	Current Report
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	8-K	Current Report
Apr 29, 2024	SC 13D/A	13D - Major Acquisition
Apr 25, 2024	8-K	Current Report
Apr 24, 2024	4	Insider Trading
Apr 22, 2024	144	Notice of Insider Sale Intent
Apr 19, 2024	DEFA14A	DEFA14A

Bakkt Holdings, Inc. News

Latest updates

Bakkt Holdings, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Revenue	298.4%	854,582,000	214,514,000	204,774,000	347,629,000	181,902,500	16,176,000	13,213,000	14,035,000	12,532,000	11,481,000	9,142,000	8,486,000	8,145,000	-
Operating Expenses	202.4%	886,419,000	293,124,500	257,634,000	398,717,000	58,434,000	348,151,500	1,608,114,000	57,586,000	61,018,000	86,027,000	39,004,000	39,811,000	36,555,000	989,319
S&GA Expenses	-	-	-	-	-	-	-	-	-	-	-	2,241,776	1,187,371	-	989,319
EBITDA Margin	56.5%	-0.12	-0.27	-0.76	-4.77	-8.33	-35.28	-35.13	-5.09	-5.83	-6.12	-2.02	-2.16	-2.31	-2.49
Interest Expenses	14.4%	956,000	836,000	1,177,000	701,000	1,624,000	1,039,500	623,000	153,000	61,000	11,000	-96,000	-94,000	-49,000	-
Income Taxes	262.8%	156,000	43,000	231,000	152,000	18,000	-2,476,000	-606,000	-5,100,000	-3,138,000	11,751,000	12,000	161,000	23,000	-
Earnings Before Taxes	73.1%	-21,119,000	-78,650,000	-51,518,000	-50,359,000	-44,841,000	-328,900,500	-1,593,154,000	-32,741,000	-46,459,000	-153,076,000	-28,835,000	-31,730,000	-28,797,000	-
EBT Margin	57.0%	-0.12	-0.29	-0.79	-4.83	-8.44	-35.76	-35.61	-5.53	-6.25	-6.51	-2.26	-2.41	-2.58	-2.78
Net Income	-246.5%	-8,165,000	5,574,000	-17,331,000	-50,511,000	-44,859,000	-68,979,500	-468,132,000	-27,641,000	-43,321,000	-43,995,000	-28,847,000	-31,891,000	-28,820,000	-1,828,821
Net Income Margin	68.4%	-0.04	-0.14	-0.30	-1.51	-2.57	-10.87	-11.37	-3.05	-3.56	-3.58	-2.61	-1.99	-2.59	-2.79
Free Cashflow	663.5%	38,353,000	-6,806,000	24,595,000	-31,245,000	-47,241,000	-23,692,000	-33,475,000	-27,274,000	-33,156,000	-83,387,000	-32,253,000	-17,688,000	-974,000	-341,510,700

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Assets	63.0%	1,576	967	847	1,024	413	456	879	2,498	2,384	2,414	208	208	209	468	202
Current Assets	68.9%	1,490	883	694	829	282	326	459	533	428	464	1.00	1.00	1.00	132	2.00
Cash Equivalents	260.9%	191	53.00	68.00	85.00	51.00	98.00	160	127	355	408	14.00	50.00	70.00	92.00	1.00
Net PPE	2415.0%	2.00	0.00	21.00	20.00	20.00	20.00	29.00	21.00	11.00	6.00	-	-	-	20.00	-
Goodwill	0%	68.00	68.00	67.00	67.00	52.00	16.00	137	1,527	1,527	1,527	1,527	233	233	233	-
Liabilities	73.8%	1,445	831	636	764	115	119	220	273	119	120	55.00	43.00	64.00	59.00	7.00
Current Liabilities	74.3%	1,398	802	594	721	84.00	92.00	184	220	73.00	74.00	16.00	4.00	3.00	51.00	-
Shareholder's Equity	171.1%	131	48.00	69.00	260	298	96.00	659	2,225	2,265	2,294	207	5.00	5.00	388	5.00
Retained Earnings	-1.1%	-759	-751	-724	-707	-690	-676	-577	-109	-105	-98.34	-54.35	-17.26	-38.53	-112	-0.02
Additional Paid-In Capital	2.1%	817	800	794	791	780	773	763	719	580	567	-	22.00	44.00	-	5.00
Shares Outstanding	-	-	-	183	183	183	183	186	188	206	206	-	192	183	183	-
Minority Interest	-15.5%	74.00	87.00	142	176	209	240	474	1,616	1,791	1,826	-	-	-	-	-
Float	-	-	-	-	108	-	-	-	160	-	-	-	208	-	224	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)															(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Cashflow From Operations	663.5%	38,353	-6,806	24,595	-31,245	-47,241	-23,692	-33,475	-27,274	-33,156	-83,387	-32,253	-17,688	-974	-341,510	-289
Share Based Compensation	586.0%	8,013	1,168	2,957	4,086	7,241	2,694	7,657	8,016	13,190	1,022	-	-	-	-	-
Cashflow From Investing	-986.2%	-2,304	260	-9,406	5,417	69,699	-35,383	67,359	-200,815	-3,122	27,259	-3,860	-2,428	-4,054	-7,372	-200,000
Cashflow From Financing	27906.8%	36,705	-132	-	-2,502	-	-2,587	1.00	1.00	1.00	256,925	-33.00	-33.00	-31.00	7,372	201,519
Buy Backs	1611.4%	2,259	132	-	2,502	-	2,586	-	-	-	-	-	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

BKKT Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Total revenues	$ 854,582	$ 13,219
Operating expenses:
Crypto costs (See Note 2)	831,972	363
Execution, clearing and brokerage fees	5,630	0
Compensation and benefits	24,531	34,144
Professional services	3,635	2,378
Technology and communication	5,772	5,718
Selling, general and administrative	7,811	6,709
Acquisition-related expenses	11	776
Depreciation and amortization	57	3,063
Related party expenses	150	600
Impairment of long-lived assets	288	0
Restructuring expenses	6,140	4,251
Other operating expenses	422	665
Total operating expenses	886,419	58,667
Operating loss	(31,837)	(45,448)
Interest income, net	956	1,624
Gain (loss) from change in fair value of warrant liability	9,046	(1,000)
Other income (expense), net	716	(17)
Loss before income taxes	(21,119)	(44,841)
Income tax expense	(156)	(18)
Net loss	(21,275)	(44,859)
Less: Net loss attributable to noncontrolling interest	(13,110)	(30,883)
Net loss attributable to Bakkt Holdings, Inc.	$ (8,165)	$ (13,976)
Net loss per share attributable to Class A Common Stockholders:
Basic (in dollars per share)	$ (1.86)	$ (4.27)
Diluted (in dollars per share)	$ (1.86)	$ (4.27)

BKKT Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 56,600	$ 52,882
Restricted cash	44,008	31,838
Customer funds	88,165	32,925
Available-for-sale securities	18,012	17,398
Accounts receivable, net	37,157	29,664
Prepaid insurance	9,173	13,049
Safeguarding asset for crypto	1,233,238	701,556
Other current assets	3,995	3,332
Total current assets	1,490,348	882,644
Property, equipment and software, net	1,509	60
Goodwill	68,001	68,001
Intangible assets, net	2,900	2,900
Other assets	12,773	13,262
Total assets	1,575,531	966,867
Current liabilities:
Accounts payable and accrued liabilities	62,717	55,379
Customer funds payable	88,165	32,925
Deferred revenue, current	3,295	4,282
Safeguarding obligation for crypto	1,233,238	701,556
Unsettled crypto trades	4,549	996
Total current liabilities	1,398,303	802,074
Deferred revenue, noncurrent	2,858	3,198
Warrant liability	21,006	2,356
Other noncurrent liabilities	22,481	23,525
Total liabilities	1,444,648	831,153
Commitments and contingencies (Note 14)
Additional paid-in capital	816,768	799,683
Accumulated other comprehensive loss	(321)	(101)
Accumulated deficit	(759,466)	(751,301)
Total stockholders’ equity	56,983	48,282
Noncontrolling interest	73,900	87,432
Total equity	130,883	135,714
Total liabilities and stockholders’ equity	1,575,531	966,867
Related Party
Current liabilities:
Other current liabilities	2,510	3,230
Nonrelated Party
Current liabilities:
Other current liabilities	3,829	3,706
Class A Common Stock
Current liabilities:
Common stock, value	1	0
Class V Common Stock
Current liabilities:
Common stock, value	$ 1	$ 1

About Bakkt Holdings, Inc.

Bakkt Holdings, Inc. offers a platform for crypto and redeeming loyalty points. The company's institutional-grade technology platform offers various solutions, such as Custody, an institutional-grade custody solution for market participants; Crypto Connect, a platform that enables consumers, businesses, and institutions to buy, sell, and store crypto in a digital experience; Crypto Rewards that focuses on enabling customers to earn crypto rewards, as well as redeem existing reward currencies into crypto; and Crypto Payouts for customers to automatically invest a portion of payments into crypto. Its platform also offers a range of loyalty solutions, including redemption solutions for various rewards categories comprising merchandise, gift cards, and digital experiences; travel solutions that offer a retail e-commerce booking platform, as well as live-agent booking and servicing; and unified shopping experience. The company was founded in 2018 and is headquartered in Alpharetta, Georgia.

CEO	Dr. Gavin Constantine Michael
WEBSITE	bakkt.com
INDUSTRY	Software - Infra
EMPLOYEES	1037

Bakkt Holdings, Inc. Frequently Asked Questions

What is the ticker symbol for Bakkt Holdings, Inc.? What does BKKT stand for in stocks?

BKKT is the stock ticker symbol of Bakkt Holdings, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Bakkt Holdings, Inc. (BKKT)?

As of Fri May 17 2024, market cap of Bakkt Holdings, Inc. is 2.1 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BKKT stock?

You can check BKKT's fair value in chart for subscribers.

What is the fair value of BKKT stock?

You can check BKKT's fair value in chart for subscribers. The fair value of Bakkt Holdings, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Bakkt Holdings, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BKKT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Bakkt Holdings, Inc. a good stock to buy?

The fair value guage provides a quick view whether BKKT is over valued or under valued. Whether Bakkt Holdings, Inc. is cheap or expensive depends on the assumptions which impact Bakkt Holdings, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BKKT.

What is Bakkt Holdings, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, BKKT's PE ratio (Price to Earnings) is -29.81 and Price to Sales (PS) ratio is 1.3. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BKKT PE ratio will change depending on the future growth rate expectations of investors.