PriceTargets.com logo

Bakkt - BKKT Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $0.53
  • Forecasted Upside: 31.35%
  • Number of Analysts: 2
  • Breakdown:
  • 1 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$0.40 As of 04/23/2024 01:00 AM ET
▼ -0.01 (-2.44%)

This chart shows the closing price for BKKT by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Bakkt Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for BKKT and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for BKKT

Analyst Price Target is $0.53
▲ +31.35% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Bakkt in the last 3 months. The average price target is $0.53, with a high forecast of $0.75 and a low forecast of $0.30. The average price target represents a 31.35% upside from the last price of $0.40.

This chart shows the closing price for BKKT for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Hold

The current consensus among 2 polled investment analysts is to hold stock in Bakkt. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
10/30/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
1/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
4/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
7/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
10/25/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
1/23/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
3/23/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
4/22/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/27/2024CitigroupLower TargetSell ➝ Sell$0.50 ➝ $0.30Low
3/26/2024Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$0.75Low
3/1/2024Rosenblatt SecuritiesLower TargetBuy ➝ Buy$1.70 ➝ $0.75Low
11/15/2023Rosenblatt SecuritiesLower TargetBuy ➝ Buy$2.10 ➝ $1.70Low
8/11/2023Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$2.10Low
3/31/2023Rosenblatt SecuritiesReiterated RatingBuy$2.10N/A
3/14/2023CitigroupDowngradeNeutral ➝ SellLow
3/10/2023Rosenblatt SecuritiesLower TargetBuy$2.20 ➝ $2.10Low
1/9/2023Wells Fargo & CompanyLower TargetEqual Weight$2.50 ➝ $2.00Low
11/29/2022Rosenblatt SecuritiesInitiated CoverageBuy$2.20Low
9/29/2022Wells Fargo & CompanyInitiated CoverageEqual Weight$2.50Low
8/19/2022CitigroupBoost TargetNeutral$3.00 ➝ $3.25Low
7/19/2022CitigroupInitiated CoverageNeutral$3.00Low
1/12/2022Jefferies Financial GroupLower TargetHold$13.50 ➝ $7.00High
11/11/2021Jefferies Financial GroupInitiated CoverageHold$28.00Low
(Data available from 4/23/2019 forward)

News Sentiment Rating

0.49 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/26/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/26/2023
  • 2 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/25/2023
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/25/2023
  • 4 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/24/2024
  • 2 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/23/2024
  • 4 very positive mentions
  • 19 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/24/2024
  • 3 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/23/2024

Current Sentiment

  • 3 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Bakkt logo
Bakkt Holdings, Inc. offers software as a service and application programming interface solutions for crypto and loyalty, powering engagement, and performance. The company operates Bakkt Marketplace, a platform that enables consumers to buy, sell, and store crypto in an embedded web experience; Bakkt Crypto, a platform that supports clients with a range of crypto solutions; and Bakkt Trust, institutional-grade qualified custody solution for market participants. Its platform also offers a range of loyalty solutions, including redemption solutions for various rewards categories comprising travel, gift cards, and merchandise; 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.
Read More

Today's Range

Now: $0.40
Low: $0.38
High: $0.40

50 Day Range

MA: $0.62
Low: $0.40
High: $1.02

52 Week Range

Now: $0.40
Low: $0.38
High: $2.75

Volume

4,196,365 shs

Average Volume

5,683,937 shs

Market Capitalization

$128.58 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

4.12

Frequently Asked Questions

What sell-side analysts currently cover shares of Bakkt?

The following equities research analysts have issued research reports on Bakkt in the last year: Citigroup Inc., and Rosenblatt Securities.
View the latest analyst ratings for BKKT.

What is the current price target for Bakkt?

2 Wall Street analysts have set twelve-month price targets for Bakkt in the last year. Their average twelve-month price target is $0.53, suggesting a possible upside of 31.3%. Rosenblatt Securities has the highest price target set, predicting BKKT will reach $0.75 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $0.30 for Bakkt in the next year.
View the latest price targets for BKKT.

What is the current consensus analyst rating for Bakkt?

Bakkt currently has 1 sell rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in BKKT, but not buy more shares or sell existing shares.
View the latest ratings for BKKT.

What other companies compete with Bakkt?

Other companies that are similar to Bakkt include Bit Digital, Digihost Technology, OppFi, SOS and Green Dot. Learn More about companies similar to Bakkt.

How do I contact Bakkt's investor relations team?

Bakkt's physical mailing address is 150 NORTH RIVERSIDE PLAZA SUITE 5200, CHICAGO IL, 60606. The company's listed phone number is 678-534-5849 and its investor relations email address is [email protected]. The official website for Bakkt is www.victoryparkcapital.com. Learn More about contacing Bakkt investor relations.