BKKT

Bakkt Holdings, Inc. [BKKT] Stock Forecast

Q: What is Bakkt Holdings, Inc. stock symbol ?

Bakkt Holdings, Inc. is a US stock, located in Alpharetta of Ga and trading under the symbol BKKT

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BKKT Stock Summary

In the last year, shareholders have seen their holdings diluted. Dilution over past year is 52.98%

Earnings are expected to fall -100% next year

Profit margins (-12.53%) are lower than the previous year (-3.83%)

BKKT has less than 1 year of cash runway

Debt-to-Equity ratio of 1.19 is considered moderate, deeper research suggested.

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In the News

09:56 26 Mar 2023 BKKT

Bakkt Holdings, Inc. (BKKT) Q4 2022 Earnings Call Transcript

Bakkt Holdings, Inc. (NYSE:BKKT ) Q4 2022 Earnings Conference Call March 9, 2023 5:00 PM ET Company Participants Ann DeVries – Head of Investor Relations Gavin Michael – Chief Executive Officer Karen Alexander – Chief Financial Officer Marc D'Annunzio – General Counsel and Corporate Secretary Conference Call Participants Andrew Bond – Rosenblatt Jeff Cantwell – Wells Fargo Yvonne Jeng – Jefferies Pete Christian – Citi John Roy – Water Tower Research Operator Greetings and welcome to the Bakkt Fourth Quarter and Full Year 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

02:08 26 Mar 2023 BKKT

Bakkt partners with Caesars Entertainment to bring crypto rewards to the Las Vegas strip

Bakkt Holdings, Inc., a company focused on unlocking the crypto economy for partners through commerce and loyalty programs, has announced a partnership with US-based casino-entertainment firm Caesars Entertainment (NASDAQ: CZR).

12:49 26 Mar 2023 BKKT

Wirex partners with Visa to expand crypto payments to APAC while Bakkt sunsets its consumer-facing app

(Kitco News) - Crypto payment provider Wirex has partnered with Visa to expand its services in the APAC region and the U.K. while Bakkt is refocusing its efforts to create B2B2C solutions.

11:36 26 Mar 2023 BKKT

Bakkt Sunsetting Consumer-Facing App to Focus on B2B Crypto Solutions

Bakkt Holdings is sunsetting its consumer-facing app and focusing on B2B. The firm will concentrate on providing software-as-a-service (SaaS) and application programming interface (API) solutions that enable businesses to provide cryptocurrency and loyalty experiences, according to a Monday (Feb. 13) press release.

08:15 26 Mar 2023 BKKT

Bakkt Schedules Conference Call to Discuss Fourth Quarter and Full Year 2022 Results

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will release its fourth quarter and full year 2022 earnings on Thursday, March 9, after the market closes. Management will host a conference call at 5:00 p.m. ET on the same day to review the results and answer questions. Attendance information is provided below.

01:54 26 Mar 2023 BKKT

Bakkt Layoffs 2022: What to Know About the Latest BKKT Job Cuts

Sometimes bad news can be good news. Indeed, it appears that's the market we're in right now.

02:49 26 Mar 2023 BKKT

Bakkt: Universal Crypto Adoption Is Over

Whilst Bakkt has no direct exposure to FTX, near-term revenue growth will likely suffer on the back of a hit to retail and institutional crypto adoption. The company recorded healthy revenue growth for its last reported earnings quarter and announced the acquisition of Apex Crypto.

12:07 26 Mar 2023 BKKT

7 Penny Stocks Smart Investors Shouldn't Touch With a 10-Foot Pole

The explosive stock market rally seen on Nov. 10 may have invited some investors to start thinking this downturn is coming to a close. However, before you make the move from “risk-off” to “risk-on,” there are certainly concerns to consider.

02:36 26 Mar 2023 BKKT

Bakkt Holdings, Inc. (BKKT) Q3 2022 Earnings Call Transcript

Bakkt Holdings, Inc. (NYSE:BKKT ) Q3 2022 Earnings Conference Call November 10, 2022 9:00 AM ET Company Participants Ann DeVries - Head of Investor Relations Gavin Michael - Chief Executive Officer Karen Alexander - Chief Financial Officer Conference Call Participants John Roy - Water Tower Research Trevor Williams - Jefferies Jeff Cantwell - Wells Fargo Operator Greetings, and welcome to the Bakkt Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

09:15 26 Mar 2023 BKKT

Bakkt Schedules Conference Call to Discuss Third Quarter 2022 Results

ALPHARETTA, Ga.

BKKT Financial details

Company Rating

Neutral

Market Cap

127.06M

Income

-632.26M

Revenue

50.46M

Book val./share

3.24

Cash/share

2.81

Dividend

Dividend %

Employees

579

Optionable

Shortable

Yes

Earnings

09 Mar 2023

P/E

-0.14

Forward P/E

PEG

P/S

1.78

P/B

0.48

P/C

0.56

P/FCF

-1.11

Quick Ratio

0.99

Current Ratio

2.49

Debt / Equity

1.19

LT Debt / Equity

EPS (TTM)

-11.06

EPS next Y

EPS next Q

EPS this Y

EPS next Y

EPS next 5Y

EPS last 5Y

Revenue last 5Y

Revenue Q/Q

-5.25%

EPS Q/Q

11944.12%

SMA20

-10.83%

SMA50

-4.76%

SMA100

-36.07%

Inst Own

31.96%

Inst Trans

0.83%

ROA

-72%

ROE

-146%

ROC

-2.54%

Gross Margin

-147%

Oper. Margin

-3491%

Profit Margin

-1253%

Payout

Shs Outstand

80.93M

Shs Float

72.12M

Target Price

52W Range

1.08-7.71

52W High

-77.57%

52W Low

+57%

RSI

54.63

Rel Volume

0.45

Avg Volume

3.39M

Volume

1.53M

Perf Week

35.34%

Perf Month

1.29%

Perf Quarter

-31.14%

Perf Half Y

-31.74%

Beta

4.5076

Volatility

0.16%, 0.17%

Prev Close

1.29%

Price

1.57

Change

18.05%

BKKT Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2021-12-31

Metric	History	2021-12-31
Revenue per share		0.2
Net income per share		-0.77
Operating cash flow per share		0
Free cash flow per share		0.03
Cash per share		6.85
Book value per share		8.39
Tangible book value per share		6.83
Share holders equity per share		8.39
Interest debt per share		0
Market cap		486.47M
Enterprise value		95.07M
P/E ratio		-11.06
Price to sales ratio		42.37
POCF ratio		0
PFCF ratio		252.19
P/B Ratio		1.01
PTB ratio		1.01
EV to sales		8.28
Enterprise value over EBITDA		-1.71
EV to operating cash flow		0
EV to free cash flow		49.28
Earnings yield		-0.09
Free cash flow yield		0
Debt to equity		0.23
Debt to assets		0.04
Net debt to EBITDA		7.02
Current ratio		6.31
Interest coverage		-19.51K
Income quality		0
Dividend Yield		0
Payout ratio		0
Sales general and administrative to revenue		0
Research and developement to revenue		0
Intangibles to total assets		0.79
Capex to operating cash flow		0
Capex to revenue		0.17
Capex to depreciation		0
Stock based compensation to revenue		0
Graham number		12.06
ROIC		-0.12
Return on tangible assets		-0.09
Graham Net		5.19
Working capital		390M
Tangible asset value		390.3M
Net current asset value		355.1M
Invested capital		0
Average receivables		0
Average payables		0
Average inventory		0
Days sales outstanding		576.76
Days payables outstanding		0
Days of inventory on hand		0
Receivables turnover		0.63
Payables turnover		0
Inventory turnover		0
ROE		-0.09
Capex per share		0.03

Quarterly Fundamentals Overview

Last date of statement is 2022-09-30 for Q3

Metric	2021-09-30	2021-12-31	2022-03-31	2022-06-30	2022-09-30
Revenue per share	0.18	0.2	0.22	0.24	0.22
Net income per share	-0.58	-2.68	-0.12	-0.07	-8.19
Operating cash flow per share	0	0	-0.58	-0.48	-0.59
Free cash flow per share	0	0.03	-0.63	-0.68	-0.72
Cash per share	0.44	6.85	6.22	2.23	2.81
Book value per share	6.48	8.19	8.3	10.66	3.24
Tangible book value per share	0.66	-25.32	6.21	5.6	5.38
Share holders equity per share	6.48	8.19	8.3	10.66	3.24
Interest debt per share	0	0	0	0	0.01
Market cap	505.19M	486.47M	352.13M	120.05M	130.33M
Enterprise value	483.09M	95.1M	-3.06M	-6.71M	-29.52M
P/E ratio	-4.38	-0.79	-12.35	-7.7	-0.07
Price to sales ratio	55.26	42.3	28.1	8.85	10.13
POCF ratio	0	0	-10.62	-4.4	-3.89
PFCF ratio	0	252.19	-9.71	-3.08	-3.16
P/B Ratio	1.56	1.04	0.74	0.2	0.7
PTB ratio	1.56	1.04	0.74	0.2	0.7
EV to sales	52.84	8.27	-0.24	-0.49	-2.3
Enterprise value over EBITDA	-18.9	-0.62	-1.59	-0.9	0.06
EV to operating cash flow	0	0	0.09	0.25	0.88
EV to free cash flow	0	49.3	0.08	0.17	0.72
Earnings yield	-0.06	-0.31	-0.02	-0.03	-3.59
Free cash flow yield	0	0	-0.1	-0.32	-0.32
Debt to equity	0.23	4.15	0.25	0.45	1.19
Debt to assets	0.19	0.81	0.05	0.11	0.25
Net debt to EBITDA	0.86	2.56	-184.81	-17	0.35
Current ratio	0.89	6.3	5.87	2.42	2.49
Interest coverage	0	-6.78K	-794.85	-284.65	-2.56K
Income quality	0	0	4.65	7	0.02
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	3.63	6.15	0	0	0
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.73	0.79	0.8	0.76	0.4
Capex to operating cash flow	0	0	0.09	0.43	0.23
Capex to revenue	0	0.17	-0.25	-0.86	-0.6
Capex to depreciation	0	0	-0.53	-1.91	-1.22
Stock based compensation to revenue	0	0	1.05	0.59	0.6
Graham number	9.17	22.22	4.83	4.04	24.44
ROIC	-0.1	-0.05	-0.03	-0.02	-2.86
Return on tangible assets	-0.27	-0.31	-0.02	-0.01	-0.89
Graham Net	-0.84	-26.96	4.4	-2.27	-0.75
Working capital	-7.12M	389.94M	355.15M	312.69M	274.73M
Tangible asset value	32.99M	-1.45B	355.08M	319.9M	307.26M
Net current asset value	-14.5M	-1.48B	309.33M	259.32M	239.31M
Invested capital	0	0	0	0	0
Average receivables	0	15.71M	18.8M	20.65M	21.98M
Average payables	0	28.64M	315K	618K	599K
Average inventory	0	0	0	0	0
Days sales outstanding	130.74	141.98	139.74	144.85	154.71
Days payables outstanding	0	0	1.43	1.51	1.32
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0.69	0.63	0.64	0.62	0.58
Payables turnover	0	0	63.12	59.67	68.42
Inventory turnover	0	0	0	0	0
ROE	-0.09	-0.33	-0.02	-0.01	-2.53
Capex per share	0	0.03	-0.05	-0.2	-0.14

BKKT Frequently Asked Questions

What is Bakkt Holdings, Inc. stock symbol ?

Bakkt Holdings, Inc. is a US stock , located in Alpharetta of Ga and trading under the symbol BKKT

Is Bakkt Holdings, Inc. buy or a sell ?

1 stock analysts have 1 predictions with a medium analyst target price of $2. The lowest prediction is $2 and the highest is $2

What is BKKT stock prediction ?

With a median analyst target price of $2, 1 stock analysts have made 1 forecasts in last 90 days. $2 is the lowest and $2 is the greatest projection.

What is Bakkt Holdings, Inc. stock quote today ?

Bakkt Holdings, Inc. stock price is $1.57 today.

Is Bakkt Holdings, Inc. stock public?

Yes, Bakkt Holdings, Inc. is a publicly traded company.

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Company Profile

Volume Average 3.39M
Market Capitalization 127.06M
Employee 579
CEO Dr. Gavin Constantine Michael
Headquarters Alpharetta,GA,US
IPO Date 2020-11-19
Website https://www.bakkt.com

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.