Price Alert

Bakkt Inc. (BKKT)

NYSE: BKKT · Real-Time Price · USD

40.43

-3.49 (-7.95%)

At close: Oct 03, 2025, 3:59 PM

40.19

-0.59%

After-hours: Oct 03, 2025, 06:36 PM EDT

Bakkt Statistics

Share Statistics

Bakkt has 14.37M shares outstanding. The number of shares has increased by 121.95% in one year.

Shares Outstanding	14.37M
Shares Change (YoY)	121.95%
Shares Change (QoQ)	113.45%
Owned by Institutions (%)	21.04%
Shares Floating	13.89M
Failed to Deliver (FTD) Shares	227,477
FTD / Avg. Volume	10.67%

Short Selling Information

The latest short interest is 2.81M, so 17.66% of the outstanding shares have been sold short.

Short Interest	2.81M
Short % of Shares Out	17.66%
Short % of Float	18.85%
Short Ratio (days to cover)	2.69

Valuation Ratios

The PE ratio is -3.11 and the forward PE ratio is 62.05. Bakkt's PEG ratio is 0.05.

PE Ratio	-3.11
Forward PE	62.05
PS Ratio	0.04
Forward PS	0.3
PB Ratio	4.28
P/FCF Ratio	-5.97
PEG Ratio	0.05

Financial Ratio History

Enterprise Valuation

Currently the Enterprise Value (EV) is not available for Bakkt.

EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.33, with a Debt / Equity ratio of 0.69.

Current Ratio	1.33
Quick Ratio	1.33
Debt / Equity	0.69
Debt / EBITDA	-0.28
Debt / FCF	-0.97
Interest Coverage	0

Financial Efficiency

Return on Equity is n/a and Return on Invested Capital is n/a.

Return on Equity	n/a
Return on Assets	n/a
Return on Invested Capital	n/a
Revenue Per Employee	$6.24M
Profits Per Employee	$-83.47K
Employee Count	559
Asset Turnover	12.96
Inventory Turnover	n/a

Taxes

Income Tax	170K
Effective Tax Rate	-0.16%

Stock Price Statistics

The stock price has increased by 363.29% in the last 52 weeks. The beta is 5.15, so Bakkt's price volatility has been higher than the market average.

Beta	5.15
52-Week Price Change	363.29%
50-Day Moving Average	12.76
200-Day Moving Average	15.03
Relative Strength Index (RSI)	90.76
Average Volume (20 Days)	2,132,826

Income Statement

In the last 12 months, Bakkt had revenue of 3.49B and earned -46.66M in profits. Earnings per share was -7.97.

Revenue	3.49B
Gross Profit	87.01M
Operating Income	-92.92M
Net Income	-46.66M
EBITDA	-83.36M
EBIT	-83.7M
Earnings Per Share (EPS)	-7.97

Full Income Statement

Balance Sheet

The company has 39.05M in cash and 23.54M in debt, giving a net cash position of 15.51M.

Cash & Cash Equivalents	39.05M
Total Debt	23.54M
Net Cash	15.51M
Retained Earnings	-797.96M
Total Assets	190.14M
Working Capital	17.27M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -21.2M and capital expenditures -3.09M, giving a free cash flow of -24.29M.

Operating Cash Flow	-21.2M
Capital Expenditures	-3.09M
Free Cash Flow	-24.29M
FCF Per Share	-4.15

Full Cash Flow Statement

Margins

Gross margin is 2.49%, with operating and profit margins of -2.66% and -1.34%.

Gross Margin	2.49%
Operating Margin	-2.66%
Pretax Margin	-2.96%
Profit Margin	-1.34%
EBITDA Margin	-2.39%
EBIT Margin	-2.66%
FCF Margin	-0.7%

Dividends & Yields

BKKT does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Payout Ratio	n/a
Earnings Yield	n/a
FCF Yield	n/a

Dividend Details

Analyst Forecast

The average price target for BKKT is $13, which is -70.4% lower than the current price. The consensus rating is "Buy".

Price Target	$13
Price Target Difference	-70.4%
Analyst Consensus	Buy
Analyst Count	1

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

The last stock split was on Apr 29, 2024. It was a backward split with a ratio of 1:25.

Last Split Date	Apr 29, 2024
Split Type	backward
Split Ratio	1:25

Scores

Altman Z-Score	14.38
Piotroski F-Score	3