Bakkt Holdings, Inc.
General ticker "BKKT" information:
- Sector: Financials
- Industry: Capital Markets
- Capitalization: $116.7M (TTM average)
Bakkt Holdings, Inc. follows the US Stock Market performance with the rate: 36.8%.
Estimated limits based on current volatility of 4.9%: low 13.91$, high 15.36$
Factors to consider:
- Total employees count: 747 (-28.0%) as of 2023
- Top business risk factors: Market and platform risks, Customer concentration, Regulatory and compliance, Operational and conduct risks, Rapid growth and scalability challenges
- Earnings for 6 months up through Q2 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [12.44$, 35.54$]
- 2025-12-31 to 2026-12-31 estimated range: [9.50$, 27.80$]
Financial Metrics affecting the BKKT estimates:
- Negative: with PPE of -2.5 at the end of fiscal year the price was very high
- Positive: -3.60 < Operating profit margin, % of -2.59
- Negative: Operating cash flow per share per price, % of -13.22 <= 0.33
- Negative: negative Net income
- Negative: Shareholder equity ratio, % of 12.58 <= 18.93
- Positive: -8.75 < Industry operating profit margin (median), % of -3.62
- Positive: Inventory ratio change, % of 0.50 <= 0.84
Short-term BKKT quotes
Long-term BKKT plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $56.22MM | $780.14MM | $3,490.22MM |
| Operating Expenses | $2,075.14MM | $1,008.03MM | $3,583.14MM |
| Operating Income | $-2,018.91MM | $-227.89MM | $-92.92MM |
| Non-Operating Income | $17.66MM | $2.52MM | $-10.36MM |
| Income(Loss) | $-2,001.25MM | $-225.37MM | $-103.28MM |
| Taxes | $-11.32MM | $0.44MM | $0.17MM |
| Profit(Loss)* | $-578.11MM | $-74.85MM | $-46.66MM |
| Stockholders Equity | $96.26MM | $48.28MM | $33.89MM |
| Assets | $455.50MM | $966.87MM | $269.38MM |
| Operating Cash Flow | $-117.60MM | $-60.70MM | $-21.20MM |
| Capital expenditure | $30.54MM | $9.43MM | $3.09MM |
| Investing Cash Flow | $-171.96MM | $65.97MM | $14.13MM |
| Financing Cash Flow | $-2.58MM | $-2.63MM | $43.82MM |
| Earnings Per Share** | $-203.08 | $-21.01 | $-7.97 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.