Bakkt (BKKT) Stock Forecast, Price Target & Predictions
BKKT Stock Forecast
Bakkt stock forecast is as follows: an average price target of $2.00 (represents a -82.46% downside from BKKT’s last price of $11.40) 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 -82.46% downside from BKKT's last price of $11.40.
BKKT Analyst Ratings
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% | -82.46% |
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 -82.46% decrease from BKKT last price ($11.40).
Bakkt Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $11.40 | $11.40 | $11.40 |
| 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 $11.40. 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $204.77M | $347.63M | $13.00M | $15.60M | $12.86M | - | $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 | $15.11M | $12.90M | $7.99M |
| 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 | $12.10M | $10.32M | $6.39M |
| # Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | 12.69% | 20.21% | 0.90% | 0.98% | 0.91% | - | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | $-3.40M | $-46.54M | $-31.20M | $257.00M | $1.51B | - | $-44.03M | $-152.99M | $-25.57M |
| Avg Forecast | $1.55M | $1.43M | $1.28M | $1.29M | $1.35M | $1.23M | $1.23M | $1.34M | $1.15M | $1.21M | $1.29M | $1.08M | $1.19M | $1.06M | $1.04M | $2.49M | $1.51M | $937.39K |
| High Forecast | $1.55M | $1.43M | $1.28M | $1.29M | $1.35M | $1.23M | $1.23M | $1.34M | $1.15M | $1.21M | $1.29M | $1.08M | $1.19M | $1.06M | $1.04M | $2.98M | $1.68M | $1.04M |
| Low Forecast | $1.55M | $1.43M | $1.28M | $1.29M | $1.35M | $1.23M | $1.23M | $1.34M | $1.15M | $1.21M | $1.29M | $1.08M | $1.19M | $1.06M | $1.04M | $1.99M | $1.35M | $833.78K |
| Surprise % | - | - | - | - | - | - | - | - | - | -2.81% | -36.07% | -28.78% | 215.67% | 1425.17% | - | -17.70% | -101.09% | -27.27% |
1 analysts predict BKKT's average Quarter EBITDA for Mar 23 to be $1.08M, with a high of $1.08M and a low of $1.08M. This is -99.58% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | $-17.33M | $-50.21M | $-44.78M | $-326.43M | $-1.59B | - | $-43.32M | $-153.10M | $-28.85M |
| Avg Forecast | $-2.72M | $-3.11M | $-4.25M | $-4.50M | $-5.18M | $-6.78M | $-10.88M | $-12.84M | $-39.87M | $-17.87M | $-24.65M | $-28.09M | $-27.21M | $-18.19M | $-17.67M | $-9.22M | $-96.84M | $-13.61M |
| High Forecast | $-2.72M | $-3.11M | $-4.25M | $-4.50M | $-5.18M | $-6.78M | $-10.88M | $-12.84M | $-39.87M | $-17.87M | $-24.65M | $-28.09M | $-27.21M | $-18.19M | $-17.67M | $-7.38M | $-82.92M | $-11.65M |
| Low Forecast | $-2.72M | $-3.11M | $-4.25M | $-4.50M | $-5.18M | $-6.78M | $-10.88M | $-12.84M | $-39.87M | $-17.87M | $-24.65M | $-28.09M | $-27.21M | $-18.19M | $-17.67M | $-11.07M | $-110.83M | $-15.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.97% | 2.04% | 1.59% | 11.99% | 87.56% | - | 4.70% | 1.58% | 2.12% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | $34.02M | $7.57M | $43.20M | $42.52M | $48.30M | - | $49.20M | $70.70M | $33.16M |
| Avg Forecast | $27.19M | $24.99M | $22.45M | $22.58M | $23.71M | $21.51M | $21.47M | $23.50M | $20.11M | $21.18M | $22.58M | $18.97M | $20.86M | $18.51M | $18.24M | $12.21M | $18.79M | $11.64M |
| High Forecast | $27.19M | $24.99M | $22.45M | $22.58M | $23.71M | $21.51M | $21.47M | $23.50M | $20.11M | $21.18M | $22.58M | $18.97M | $20.86M | $18.51M | $18.24M | $14.65M | $20.88M | $12.93M |
| Low Forecast | $27.19M | $24.99M | $22.45M | $22.58M | $23.71M | $21.51M | $21.47M | $23.50M | $20.11M | $21.18M | $22.58M | $18.97M | $20.86M | $18.51M | $18.24M | $9.77M | $16.72M | $10.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.61% | 0.34% | 2.28% | 2.04% | 2.61% | - | 4.03% | 3.76% | 2.85% |
Bakkt's average Quarter SG&A projection for Dec 23 is $20.11M, based on 2 Wall Street analysts, with a range of $20.11M to $20.11M. The forecast indicates a -40.88% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | $-0.19 | $-0.19 | $-0.55 | $-5.71 | $-20.79 | - | $-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 | $-0.17 | $-1.06 | $-0.15 |
| 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 | $-0.15 | $-0.91 | $-0.13 |
| 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 | $-0.19 | $-1.21 | $-0.17 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.07% | 0.05% | 0.12% | 1.29% | 7.04% | - | 4.47% | 2.53% | 3.88% |
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 |
|---|---|---|---|---|---|
| ARQQ | Arqit Quantum | $0.30 | $14.00 | 4566.67% | Buy |
| STEM | Stem | $0.45 | $7.72 | 1615.56% | Hold |
| KLTR | Kaltura | $1.29 | $4.00 | 210.08% | Buy |
| GCT | GigaCloud | $17.29 | $50.00 | 189.18% | Buy |
| ALAR | Alarum | $11.26 | $28.00 | 148.67% | Buy |
| IMXI | International Money Express | $18.86 | $27.00 | 43.16% | Buy |
| KPLT | Katapult | $11.63 | $15.00 | 28.98% | Hold |
| PGY | Pagaya | $12.81 | $12.19 | -4.84% | Buy |
| BKKT | Bakkt | $11.40 | $2.00 | -82.46% | 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 -82.46% from its last price of $11.4. 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 -82.46% (from the last price of $11.4 to the average price target of $2), down by -82.46% based on the highest stock price target, and down by -82.46% based on the lowest stock price target.
Can Bakkt stock reach $20?
BKKT's average twelve months analyst stock price target of $2 does not support the claim that Bakkt can reach $20 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 $5.15M (high $5.15M, low $5.15M), average net income is $-35.666M (high $-35.666M, low $-35.666M), average SG&A $90.19M (high $90.19M, low $90.19M), 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 $5.55M (high $5.55M, low $5.55M), average net income is $-14.576M (high $-14.576M, low $-14.576M), average SG&A $97.21M (high $97.21M, low $97.21M), 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, missing the average prediction of $4.73M by -4566.36%. The company's net income was $-225M, beating the average estimation of $-110M by 103.59%. Apple's SG&A was $33.38M, missing the average forecast of $82.85M by -59.70%. 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 $1.21M by -381.16%. Bakkt's net income was $-17.331M, missing the average estimation of $-17.872M by -3.03%. The company's SG&A was $34.02M, beating the average forecast of $21.18M by 60.60%. Lastly, the company's EPS was $-0.19, missing the average prediction of $-2.901 by -93.45%