Bakkt Holdings, Inc operates a digital asset platform.
infoBakkt is a micro cap stock with a total market cap of 123.32M.
infoThey trade on the NYSE and had their IPO 2 years and 9 months ago.
infoBakkt currently employs 1037 people.
infoAs of Wednesday, Aug 23 2023, Bakkt’s share price is $1.35.
News Relating to Bakkt
Zacks Investment Research
Bakkt Holdings, Inc. (BKKT) Reports Q2 Loss, Tops Revenue Estimates
Thursday Aug 10 2023 at 10:00
Bakkt Holdings, Inc. (BKKT) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.18 per share a year ago.
Zacks Investment Research
Are Business Services Stocks Lagging Bakkt (BKKT) This Year?
Tuesday Jun 20 2023 at 11:01
Here is how Bakkt Holdings, Inc. (BKKT) and CompoSecure, Inc. (CMPO) have performed compared to their sector so far this year.
Zacks Investment Research
Is Bakkt (BKKT) Stock Outpacing Its Business Services Peers This Year?
Friday Jun 02 2023 at 10:53
Here is how Bakkt Holdings, Inc. (BKKT) and Bowman Consulting (BWMN) have performed compared to their sector so far this year.
Zacks Investment Research
Bakkt Holdings, Inc. (BKKT) Reports Q1 Loss, Lags Revenue Estimates
Thursday May 11 2023 at 09:56
Bakkt Holdings, Inc. (BKKT) came out with a quarterly loss of $0.17 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.14 per share a year ago.
Business Wire
Bakkt Schedules Conference Call to Discuss First Quarter 2023 Results
Tuesday Apr 25 2023 at 08:15
ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will release its first quarter 2023 earnings on Thursday, May 11, 2023, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (833) 470-1428 or (404) 975-4839, and reference partici.
24/7 Wall Street
Bakkt Acquires Apex Crypto in $155M Deal
Monday Apr 03 2023 at 22:19
Bakkt received a green light from US regulators to complete its $155 million acquisition of Apex Crypto, the company said in the press release on Monday.
InvestorPlace
3 Penny Stocks to Avoid Like the Plague Heading Into April 2023
Wednesday Mar 29 2023 at 06:30
There’s been plenty of talk about how far the stock market correction can go from here. Market returns remain choppy, despite inflation rates cooling off last month and the likely slowdown in interest rate hikes.
Seeking Alpha
Bakkt Holdings, Inc. (BKKT) Q4 2022 Earnings Call Transcript
Thursday Mar 09 2023 at 21:56
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.
Invezz
Bakkt partners with Caesars Entertainment to bring crypto rewards to the Las Vegas strip
Thursday Mar 09 2023 at 14:08
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).
Kitco
Wirex partners with Visa to expand crypto payments to APAC while Bakkt sunsets its consumer-facing app
Monday Feb 13 2023 at 12:49
(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.
PYMNTS
Bakkt Sunsetting Consumer-Facing App to Focus on B2B Crypto Solutions
Monday Feb 13 2023 at 11:36
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.
Business Wire
Bakkt Schedules Conference Call to Discuss Fourth Quarter and Full Year 2022 Results
Friday Feb 10 2023 at 08:15
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.
InvestorPlace
Bakkt Layoffs 2022: What to Know About the Latest BKKT Job Cuts
Friday Dec 09 2022 at 13:54
Sometimes bad news can be good news. Indeed, it appears that’s the market we’re in right now.
Seeking Alpha
Bakkt: Universal Crypto Adoption Is Over
Monday Nov 21 2022 at 14:49
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.
InvestorPlace
7 Penny Stocks Smart Investors Shouldn’t Touch With a 10-Foot Pole
Sunday Nov 13 2022 at 12:07
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.
Seeking Alpha
Bakkt Holdings, Inc. (BKKT) Q3 2022 Earnings Call Transcript
Thursday Nov 10 2022 at 14:36
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.
Business Wire
Bakkt Schedules Conference Call to Discuss Third Quarter 2022 Results
Thursday Oct 27 2022 at 09:15
ALPHARETTA, Ga.
Seeking Alpha
Bakkt Would Be Struggling Even Without A Crypto Winter
Tuesday Sep 06 2022 at 16:36
The crypto winter and stock market crash had led to a decline in Bakkt’s common shares of nearly 95% from all-time highs. The company continues to make progress in signing new partnerships with a healthy range of financial services firms.
Invezz
Sullivan Bank partners Bakkt to allow customers buy Bitcoin and Ethereum
Thursday Aug 25 2022 at 11:47
Digital assets firm Bakkt Holdings, Inc. (NYSE: BKKT) has partnered with Sullivan Bank in a collaboration that will see the bank’s customers access crypto services via the Bakkt platform. Sullivan Bank will tap into Bakkt’s Crypto Connect solution to allow its customers buy, sell and hold the cryptocurrencies, the companies said in a press release.
The Motley Fool
Why Bakkt Holdings, Marathon Digital Holdings, and Hut 8 Mining Corp Are Rising Today
Thursday Aug 11 2022 at 11:30
Cryptocurrencies and crypto stocks continued to rise with positive inflation data.
The Motley Fool
Why Shares of Coinbase, Silvergate Capital, and Bakkt Are Rising Today
Thursday Aug 04 2022 at 12:59
Company-specific news is driving these tickers higher today.
Business Wire
Bakkt Schedules Conference Call to Discuss Second Quarter 2022 Results
Thursday Jul 28 2022 at 08:14
ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT) announced that it will release its second quarter 2022 earnings on Thursday, August 11, 2022, before market open. Management will host a conference call at 9:00 a.m. EDT on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (844) 200-6205 or (646) 904-5544, and reference particip
Business Wire
Bakkt To Participate in H.C. Wainwright Global Investment Conference
Wednesday May 18 2022 at 08:15
ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT), a trusted digital asset platform that enables consumers to buy, sell, send and spend a range of digital assets, announced today it will participate in the H.C. Wainwright Global Investment Conference. Management will attend the conference, which will include a company presentation with Gavin Michael, Chief Executive Officer, available on demand beginning May 24th at 7:00AM ET. Interested parties can listen to an audio webcast
Seeking Alpha
Bakkt Holdings, Inc. (BKKT) CEO Gavin Michael on Q1 2022 Results – Earnings Call Transcript
Thursday May 12 2022 at 13:58
Bakkt Holdings, Inc. (NYSE:BKKT ) Q1 2022 Earnings Conference Call May 12, 2022 9:00 AM ET Company Representatives Gavin Michael – Chief Executive Officer Drew LaBenne – Chief Financial Officer Ann DeVries – Head of Investor Relations Conference Call Participants Trevor Williams – Jeffries Rich Repetto – Piper Sandler Operator Greetings! Welcome to the Bakkt First Quarter 2022 Earnings Conference Call.
Business Wire
Bakkt to Participate in Two Upcoming Investor Conferences
Tuesday Mar 01 2022 at 08:15
ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT), a trusted digital asset platform that enables consumers to buy, sell, send and spend a range of digital assets, announced today it will participate in two upcoming investor conferences in March. Management will attend: JMP Securities Technology Conference on Monday, March 7, 2022; fireside chat with Gavin Michael, Chief Executive Officer at 5:00PM ET. Wolfe Research FinTech Forum on Thursday, March 10, 2022; Crypto panel discu
Business Wire
Bakkt to Participate in Two Upcoming Investor Conferences
Thursday Feb 24 2022 at 08:15
ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT), a trusted digital asset platform that enables consumers to buy, sell, send and spend a range of digital assets, announced today it will participate in two upcoming investor conferences in March. Management will attend: Jefferies Payments & FinTech Summit on Tuesday, March 1, 2022. Keefe, Bruyette & Woods Fintech & Payments Conference on Thursday, March 3, 2022; fireside chat with Gavin Michael, Chief Executive Offi
The Motley Fool
Why Shares of Bakkt Holdings Are Falling Today
Thursday Feb 17 2022 at 11:35
The company reported fourth-quarter and full-year earnings results for 2021.
The Motley Fool
Bakkt Is Surging. Is the Stock Ready to Explode After Earnings?
Monday Feb 14 2022 at 08:06
The stock is up more than 60% over the past week. Is more upside ahead?
The Motley Fool
3 Stocks to Avoid This Week
Monday Feb 14 2022 at 08:05
These investments seem pretty vulnerable right now.
InvestorPlace
3 Most-Shorted Stocks Rallying This Week
Friday Feb 11 2022 at 14:15
If you’re looking for volatility with gains attached to it, look no further than three of the market’s most-shorted stocks. The post 3 Most-Shorted Stocks Rallying This Week appeared first on InvestorPlace.
Bakkt Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
Learn more at Investopediaopen_in_new
Bakkt’s Altman Z-score is -1.61 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Bakkt Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Learn more at Investopediaopen_in_new
Over the last 3 months, 1 insider has sold $1.11K of common stock in Bakkt on the stock market with no insider buying.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
Learn more at WallStreetPrepopen_in_new
Bakkt’s Income Quality of 0.07 is lower than its Industry Group of 0.34 (-79.4% lower)
Bakkt’s Income Quality of 0.07 is lower than its Major Industry Group of 0.42 (-83.3% lower)
Bakkt’s Income Quality of 0.07 is lower than its Sector of 0.5 (-86.0% lower)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
Learn more at Investopediaopen_in_new
Bakkt’s Current Ratio of 1.15 is lower than its Industry Group of 1.78 (-35.4% lower)
Bakkt’s Current Ratio of 1.15 is lower than its Major Industry Group of 1.69 (-32.0% lower)
Bakkt’s Current Ratio of 1.15 is lower than its Sector of 1.59 (-27.7% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
Cannot compare a negative PE Ratio (-0.06 & -1.64)
Cannot compare a negative PE Ratio (-0.06 & -0.68)
Cannot compare a negative PE Ratio (-0.06 & -0.29)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
Learn more at Investopediaopen_in_new
Bakkt’s PB Ratio of 0.47 is lower than its Industry Group of 2.57 (-81.7% lower)
Bakkt’s PB Ratio of 0.47 is lower than its Major Industry Group of 2.08 (-77.4% lower)
Bakkt’s PB Ratio of 0.47 is lower than its Sector of 1.88 (-75.0% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
Learn more at Investopediaopen_in_new
Bakkt’s ROE of -7.75 is lower than its Industry Group of -0.12 (-6358.3% lower)
Bakkt’s ROE of -7.75 is lower than its Major Industry Group of -0.06 (-12816.7% lower)
Bakkt’s ROE of -7.75 is lower than its Sector of -0.04 (-19275.0% lower)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
Bakkt’s ROCE of 5.47 is greater than its Industry Group of -0.06 (9216.7% greater)
Bakkt’s ROCE of 5.47 is greater than its Major Industry Group of -0.03 (18333.3% greater)
Bakkt’s ROCE of 5.47 is greater than its Sector of -0.02 (27450.0% greater)
Derived from SEC.GOV filing dataopen_in_new