Bakkt Stock Today

BKKT
 Stock
  

USD 2.28  0.03  1.30%   

Market Performance
1 of 100
Odds Of Distress
Less than 42
Bakkt Hldgs is selling for under 2.28 as of the 2nd of October 2022; that is -1.3 percent down since the beginning of the trading day. The stock's last reported lowest price was 2.28. Bakkt Hldgs has about a 42 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Bakkt Hldgs are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2022 and ending today, the 2nd of October 2022. Click here to learn more.
The companys platform enables consumers to buy, sell, convert, and spend digital assets. Bakkt Holdings, Inc. is a subsidiary of Intercontinental Exchange Holdings, Inc. Bakkt Hldgs operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. The company has 57.16 M outstanding shares of which 13.72 M shares are currently shorted by private and institutional investors with about 4.0 trading days to cover. More on Bakkt Hldgs

Moving together with Bakkt Hldgs

+0.76ADBEAdobe Systems Fiscal Year End 15th of December 2022 PairCorr
+0.87SNPSSynopsys Fiscal Year End 7th of December 2022 PairCorr
+0.69JPMJP Morgan Chase Fiscal Year End 13th of January 2023 PairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Bakkt Hldgs Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bakkt Hldgs' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bakkt Hldgs or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Bakkt Hldgs has very high historical volatility over the last 90 days
The company reported the previous year's revenue of 43.82 M. Net Loss for the year was (22.3 M) with loss before overhead, payroll, taxes, and interest of (135.67 M).
Bakkt Hldgs currently holds about 355.2 M in cash with (166.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.72, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 22.0% of the company shares are held by company insiders
Latest headline from www.benzinga.com: Acquisition by Alexander Karen of 100000 shares of Bakkt Hldgs subject to Rule 16b-3
Average Analyst Recommendation
Analysts covering Bakkt Hldgs report their recommendations after researching Bakkt Hldgs' financial statements, talking to executives and customers, or listening in on Bakkt Hldgs' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Bakkt Hldgs. The Bakkt consensus assessment is calculated by taking the average forecast from all of the analysts covering Bakkt Hldgs.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Bakkt Hldgs' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Bakkt Hldgs (BKKT) is traded on New York Stock Exchange in USA and employs 579 people. The company currently falls under 'Small-Cap' category with current market capitalization of 125.19 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bakkt Hldgs's market, we take the total number of its shares issued and multiply it by Bakkt Hldgs's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Bakkt Hldgs conducts business under Technology sector and is part of Software—Infrastructure industry. The entity has 57.16 M outstanding shares of which 13.72 M shares are currently shorted by private and institutional investors with about 4.0 trading days to cover. Bakkt Hldgs currently holds about 355.2 M in cash with (166.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.72, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Bakkt Hldgs Probability Of Bankruptcy
Ownership
Bakkt Hldgs retains a total of 57.16 Million outstanding shares. Bakkt Hldgs retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check Bakkt Ownership Details

Bakkt Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Bakkt Hldgs jumping above the current price in 90 days from now is about 87.52%. The Bakkt Hldgs probability density function shows the probability of Bakkt Hldgs stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.1501 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Bakkt Hldgs will likely underperform. Additionally, the company has an alpha of 0.4474, implying that it can generate a 0.45 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 2.28HorizonTargetOdds Above 2.28
12.41%90 days
 2.28 
87.52%
Based on a normal probability distribution, the odds of Bakkt Hldgs to move above the current price in 90 days from now is about 87.52 (This Bakkt Hldgs probability density function shows the probability of Bakkt Stock to fall within a particular range of prices over 90 days) .

Bakkt Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Bakkt Hldgs that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Bakkt Hldgs' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Bakkt Hldgs' value.
InstituionSecurity TypeTotal SharesValue
Vanguard Group IncCommon Shares4.9 M10.4 M
Blackrock IncCommon Shares3.6 M7.6 M
National Bank Of CanadaPut Options9.9 K2.1 M
Susquehanna International Group LlpCall Options856.3 K1.8 M
View Bakkt Hldgs Diagnostics

Bakkt Hldgs Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Bakkt Hldgs market risk premium is the additional return an investor will receive from holding Bakkt Hldgs long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bakkt Hldgs. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Bakkt Hldgs' alpha and beta are two of the key measurements used to evaluate Bakkt Hldgs' performance over the market, the standard measures of volatility play an important role as well.

Bakkt Stock Against Markets

Picking the right benchmark for Bakkt Hldgs stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Bakkt Hldgs stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Bakkt Hldgs is critical whether you are bullish or bearish towards Bakkt Hldgs at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Bakkt Hldgs without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Bakkt Hldgs?

The danger of trading Bakkt Hldgs is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Bakkt Hldgs is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Bakkt Hldgs. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bakkt Hldgs is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Bakkt Hldgs price analysis, check to measure Bakkt Hldgs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bakkt Hldgs is operating at the current time. Most of Bakkt Hldgs' value examination focuses on studying past and present price action to predict the probability of Bakkt Hldgs' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bakkt Hldgs' price. Additionally, you may evaluate how the addition of Bakkt Hldgs to your portfolios can decrease your overall portfolio volatility.
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Is Bakkt Hldgs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bakkt Hldgs. If investors know Bakkt will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bakkt Hldgs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bakkt Hldgs is measured differently than its book value, which is the value of Bakkt that is recorded on the company's balance sheet. Investors also form their own opinion of Bakkt Hldgs' value that differs from its market value or its book value, called intrinsic value, which is Bakkt Hldgs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bakkt Hldgs' market value can be influenced by many factors that don't directly affect Bakkt Hldgs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bakkt Hldgs' value and its price as these two are different measures arrived at by different means. Investors typically determine Bakkt Hldgs value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bakkt Hldgs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.