Bakkt (BKKT) Stock Forecast, Price Target & Predictions

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BKKT Stock Forecast

Bakkt stock forecast is as follows: an average price target of $2.00 (represents a -92.74% downside from BKKT’s last price of $27.56) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.

BKKT Price Target

The average price target for Bakkt (BKKT) is $2.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $2.00 to $2.00. This represents a potential -92.74% downside from BKKT's last price of $27.56.

BKKT Analyst Ratings

Hold

According to 3 Wall Street analysts, Bakkt's rating consensus is 'Hold'. The analyst rating breakdown for BKKT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Bakkt Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Jan 09, 2023		Wells Fargo	$2.00	$1.40	43.37%	-92.74%

The latest Bakkt stock forecast, released on Jan 09, 2023 by Wells Fargo company, set a price target of $2.00, which represents a 43.37% increase from the stock price at the time of the forecast ($1.40), and a -92.74% decrease from BKKT last price ($27.56).

Bakkt Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$27.56	$27.56	$27.56
Upside/Downside	-100.00%	-100.00%	-100.00%

In the current month, the average price target of Bakkt stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Bakkt's last price of $27.56. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Jan 09, 2023	Wells Fargo	Equal-Weight	Equal-Weight	Hold
Nov 30, 2022	Rosenblatt Securities		Buy	Initialise
Jul 19, 2022	Citigroup		Neutral	Initialise

Bakkt's last stock rating was published by Wells Fargo on Jan 09, 2023. The company gave BKKT a "Equal-Weight" rating, the same as its previous rate.

Bakkt Financial Forecast

Bakkt Revenue Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
Revenue	-	-	-	-	-	-	-	-	-	$204.77M	$347.63M	$13.00M	$15.60M	$12.86M	$13.57M	$12.53M	$11.50M	$9.14M
Avg Forecast	$20.71M	$19.04M	$17.10M	$17.20M	$18.06M	$16.38M	$16.35M	$17.90M	$15.32M	$16.13M	$17.20M	$14.45M	$15.88M	$14.10M	$13.90M	$13.60M	$11.61M	$7.19M
High Forecast	$20.71M	$19.04M	$17.10M	$17.20M	$18.06M	$16.38M	$16.35M	$17.90M	$15.32M	$16.13M	$17.20M	$14.45M	$15.88M	$14.10M	$13.90M	$13.60M	$11.61M	$7.19M
Low Forecast	$20.71M	$19.04M	$17.10M	$17.20M	$18.06M	$16.38M	$16.35M	$17.90M	$15.32M	$16.13M	$17.20M	$14.45M	$15.88M	$14.10M	$13.90M	$13.60M	$11.61M	$7.19M
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	-	12.69%	20.21%	0.90%	0.98%	0.91%	0.98%	0.92%	0.99%	1.27%

Bakkt's average Quarter revenue forecast for Dec 23 based on 2 analysts is $15.32M, with a low forecast of $15.32M, and a high forecast of $15.32M. BKKT's average Quarter revenue forecast represents a -92.52% decrease compared to the company's last Quarter revenue of $204.77M (Sep 23).

Bakkt EBITDA Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	-	$-3.40M	$-46.54M	$-31.20M	$257.00M	$1.51B	$-47.38M	$-44.03M	$-152.99M	$-25.57M
Avg Forecast	$-8.90M	$-8.18M	$-7.35M	$-7.39M	$-7.76M	$-7.04M	$-7.03M	$-7.69M	$-6.58M	$-6.93M	$-7.39M	$-6.21M	$-6.83M	$1.06M	$1.04M	$2.49M	$870.68K	$539.29K
High Forecast	$-8.90M	$-8.18M	$-7.35M	$-7.39M	$-7.76M	$-7.04M	$-7.03M	$-7.69M	$-6.58M	$-6.93M	$-7.39M	$-6.21M	$-6.83M	$1.06M	$1.04M	$2.98M	$870.68K	$539.29K
Low Forecast	$-8.90M	$-8.18M	$-7.35M	$-7.39M	$-7.76M	$-7.04M	$-7.03M	$-7.69M	$-6.58M	$-6.93M	$-7.39M	$-6.21M	$-6.83M	$1.06M	$1.04M	$1.99M	$870.68K	$539.29K
Surprise %	-	-	-	-	-	-	-	-	-	0.49%	6.30%	5.02%	-37.65%	1425.17%	-45.45%	-17.70%	-175.71%	-47.40%

1 analysts predict BKKT's average Quarter EBITDA for Mar 23 to be $-6.21M, with a high of $-6.21M and a low of $-6.21M. This is -102.42% lower than Bakkt's previous annual EBITDA (Dec 22) of $257.00M.

Bakkt Net Income Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	-	$-17.33M	$-50.21M	$-44.78M	$-326.43M	$-1.59B	$-27.64M	$-43.32M	$-153.10M	$-28.85M
Avg Forecast	$-2.81M	$-3.21M	$-4.39M	$-4.65M	$-5.34M	$-7.00M	$-11.23M	$-13.25M	$-41.17M	$-18.45M	$-25.45M	$-29.00M	$-28.10M	$-18.19M	$-24.77M	$-9.22M	$-163.29M	$-22.94M
High Forecast	$-2.81M	$-3.21M	$-4.39M	$-4.65M	$-5.34M	$-7.00M	$-11.23M	$-13.25M	$-41.17M	$-18.45M	$-25.45M	$-29.00M	$-28.10M	$-18.19M	$-24.77M	$-7.38M	$-163.29M	$-22.94M
Low Forecast	$-2.81M	$-3.21M	$-4.39M	$-4.65M	$-5.34M	$-7.00M	$-11.23M	$-13.25M	$-41.17M	$-18.45M	$-25.45M	$-29.00M	$-28.10M	$-18.19M	$-24.77M	$-11.07M	$-163.29M	$-22.94M
Surprise %	-	-	-	-	-	-	-	-	-	0.94%	1.97%	1.54%	11.62%	87.56%	1.12%	4.70%	0.94%	1.26%

Bakkt's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. BKKT's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Bakkt SG&A Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	-	$34.02M	$7.57M	$43.20M	$42.52M	$48.30M	$45.93M	$49.20M	$70.70M	$33.16M
Avg Forecast	$27.71M	$25.47M	$22.88M	$23.01M	$24.17M	$21.92M	$21.88M	$23.95M	$20.50M	$21.59M	$23.02M	$19.34M	$21.26M	$18.51M	$18.24M	$12.21M	$15.24M	$9.44M
High Forecast	$27.71M	$25.47M	$22.88M	$23.01M	$24.17M	$21.92M	$21.88M	$23.95M	$20.50M	$21.59M	$23.02M	$19.34M	$21.26M	$18.51M	$18.24M	$14.65M	$15.24M	$9.44M
Low Forecast	$27.71M	$25.47M	$22.88M	$23.01M	$24.17M	$21.92M	$21.88M	$23.95M	$20.50M	$21.59M	$23.02M	$19.34M	$21.26M	$18.51M	$18.24M	$9.77M	$15.24M	$9.44M
Surprise %	-	-	-	-	-	-	-	-	-	1.58%	0.33%	2.23%	2.00%	2.61%	2.52%	4.03%	4.64%	3.51%

Bakkt's average Quarter SG&A projection for Dec 23 is $20.50M, based on 2 Wall Street analysts, with a range of $20.50M to $20.50M. The forecast indicates a -39.75% fall compared to BKKT last annual SG&A of $34.02M (Sep 23).

Bakkt EPS Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	-	$-0.19	$-0.19	$-0.55	$-5.71	$-20.79	$-0.39	$-0.76	$-2.68	$-0.58
Avg Forecast	$-0.44	$-0.50	$-0.69	$-0.73	$-0.84	$-1.10	$-1.76	$-2.08	$-6.47	$-2.90	$-4.00	$-4.56	$-4.42	$-2.95	$-4.02	$-4.25	$-26.50	$-3.72
High Forecast	$-0.44	$-0.50	$-0.69	$-0.73	$-0.84	$-1.10	$-1.76	$-2.08	$-6.47	$-2.90	$-4.00	$-4.56	$-4.42	$-2.95	$-4.02	$-4.25	$-26.50	$-3.72
Low Forecast	$-0.44	$-0.50	$-0.69	$-0.73	$-0.84	$-1.10	$-1.76	$-2.08	$-6.47	$-2.90	$-4.00	$-4.56	$-4.42	$-2.95	$-4.02	$-4.25	$-26.50	$-3.72
Surprise %	-	-	-	-	-	-	-	-	-	0.07%	0.05%	0.12%	1.29%	7.04%	0.10%	0.18%	0.10%	0.16%

According to undefined Wall Street analysts, Bakkt's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to BKKT previous annual EPS of $NaN (undefined).

Bakkt Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
GCT	GigaCloud	$19.69	$50.00	153.94%	Buy
ALAR	Alarum	$11.59	$28.00	141.59%	Buy
PGY	Pagaya	$9.74	$21.00	115.61%	Buy
KLTR	Kaltura	$2.23	$4.00	79.37%	Buy
STEM	Stem	$0.36	$0.60	66.67%	Hold
KPLT	Katapult	$6.19	$9.00	45.40%	Hold
IMXI	International Money Express	$21.87	$28.00	28.03%	Buy
ARQQ	Arqit Quantum	$33.00	$14.00	-57.58%	Buy
BKKT	Bakkt	$30.60	$2.00	-93.46%	Hold

BKKT Forecast FAQ

Is Bakkt a good buy?

No, according to 3 Wall Street analysts, Bakkt (BKKT) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of BKKT's total ratings.

What is BKKT's price target?

Bakkt (BKKT) average price target is $2 with a range of $2 to $2, implying a -92.74% from its last price of $27.56. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Bakkt stock go up soon?

According to Wall Street analysts' prediction for BKKT stock, the company can go down by -92.74% (from the last price of $27.56 to the average price target of $2), down by -92.74% based on the highest stock price target, and down by -92.74% based on the lowest stock price target.

Can Bakkt stock reach $40?

BKKT's average twelve months analyst stock price target of $2 does not support the claim that Bakkt can reach $40 in the near future.

What are Bakkt's analysts' financial forecasts?

Bakkt's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $68.69M (high $68.69M, low $68.69M), average EBITDA is $-29.521M (high $-29.521M, low $-29.521M), average net income is $-36.824M (high $-36.824M, low $-36.824M), average SG&A $91.92M (high $91.92M, low $91.92M), and average EPS is $-5.788 (high $-5.788, low $-5.788). BKKT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $74.04M (high $74.04M, low $74.04M), average EBITDA is $-31.82M (high $-31.82M, low $-31.82M), average net income is $-15.049M (high $-15.049M, low $-15.049M), average SG&A $99.08M (high $99.08M, low $99.08M), and average EPS is $-2.366 (high $-2.366, low $-2.366).

Did the BKKT's actual financial results beat the analysts' financial forecasts?

Based on Bakkt's last annual report (Dec 2023), the company's revenue was $780.14M, beating the average analysts forecast of $63.1M by 1136.31%. Apple's EBITDA was $-211M, beating the average prediction of $-27.119M by 679.67%. The company's net income was $-225M, beating the average estimation of $-114M by 97.18%. Apple's SG&A was $33.38M, missing the average forecast of $84.44M by -60.46%. Lastly, the company's EPS was $-0.84, missing the average prediction of $-17.93 by -95.32%. In terms of the last quarterly report (Sep 2023), Bakkt's revenue was $204.77M, beating the average analysts' forecast of $16.13M by 1169.26%. The company's EBITDA was $-3.403M, missing the average prediction of $-6.933M by -50.92%. Bakkt's net income was $-17.331M, missing the average estimation of $-18.453M by -6.08%. The company's SG&A was $34.02M, beating the average forecast of $21.59M by 57.57%. Lastly, the company's EPS was $-0.19, missing the average prediction of $-2.901 by -93.45%