Bkkt Stock Forecast: A Comprehensive Review of Bakkt Holdings

Author

Reads 756

Bitcoin Gold Cryptocurrency Trading Chart
Credit: pexels.com, Bitcoin Gold Cryptocurrency Trading Chart

Bakkt Holdings has been making waves in the financial world with its innovative approach to digital assets. The company's focus on institutional investment and consumer adoption has been a key driver of its growth.

Bakkt's CEO, Kelly Loeffler, has been instrumental in shaping the company's vision and strategy. Under her leadership, Bakkt has expanded its offerings to include a range of products and services.

One of the most significant factors contributing to Bakkt's success is its partnership with the Intercontinental Exchange (ICE). This collaboration has enabled Bakkt to leverage the ICE's vast network and expertise in the financial industry.

As a result, Bakkt has been able to tap into a vast pool of institutional investors and consumers, further solidifying its position in the market.

Take a look at this: Bakkt Stock News

Company Overview

Bakkt Holdings Inc has been in an uptrend since 2020-Nov-19. This is according to the data used by our prediction system.

The current price of BKKT is $11.64 as of 2025-Feb-27. This price has been steadily increasing over time.

Worth a look: Trupanion Stock Price

Detailed view of stock market charts and data on a monitor, showcasing market trends.
Credit: pexels.com, Detailed view of stock market charts and data on a monitor, showcasing market trends.

Our prediction system uses a custom algorithm based on Deep Learning to forecast future prices. This system takes several variables into account, including volume changes, price changes, market cycles, and similar stocks.

Here's a summary of the forecasts provided by our system:

Financial Performance

The revenue forecast for bkkt stock is looking promising, with estimated earnings ranging from $64.9M to $77.7M over the next two years.

Let's break down the projected revenue by scenario: high, average, and low. Here's a summary:

These numbers suggest a steady increase in revenue over the next two years, with the high scenario showing a significant jump from $69.5M in 2024 to $77.7M in 2025.

Revenue Growth

Revenue growth is a key indicator of a company's financial performance. According to the data, revenue growth is expected to be negative in 2024, with estimates ranging from -91.7% to -91.1%.

The average revenue growth forecast for 2024 is -91.3%. This suggests that the company's revenue is expected to decline significantly in the coming year.

However, there is a glimmer of hope for 2025. The revenue growth forecast for this year is expected to be positive, with estimates ranging from 7.4% to 15.1%. The average forecast is 11.8%.

Here is a summary of the revenue growth forecasts:

EPS

Gold bitcoin cryptocurrency coin and blue graph of changes of value on white background
Credit: pexels.com, Gold bitcoin cryptocurrency coin and blue graph of changes of value on white background

EPS is a key metric that indicates a company's profitability. EPS stands for Earnings Per Share, and it's calculated by dividing the company's net income by the total number of outstanding shares.

The EPS forecast for 2024 and 2025 is available, and it's broken down into high, average, and low estimates. For 2024, the high estimate is -$6.80, the average estimate is -$6.60, and the low estimate is -$6.34. For 2025, the high estimate is -$2.48, the average estimate is -$2.41, and the low estimate is -$2.32.

If we look at the latest forecasts, we can see that analysts have different opinions on the EPS. For example, Peter Christiansen from Citigroup has a strong sell rating and estimates the EPS to be $13 → $7.5. On the other hand, Andrew Bond from Rosenblatt has a strong buy rating and estimates the EPS to be $19.

Here's a summary of the EPS estimates for 2024 and 2025:

EPS growth is also an important metric to consider. Unfortunately, the article doesn't provide any specific information on EPS growth, but it's worth noting that it's an important factor to consider when evaluating a company's financial performance.

Stock Information

Credit: youtube.com, BKKT Stock Will Make Millionaires! ( BKKT Stock Analysis ) | Bakkt Holdings Stock Prediction | BKKT

BKKT stock is trading at a strong point with a positive forecast considering its pivot towards digital assets. The company has a strong management team and is backed by reputable investors such as NYSE owner ICE and Starbucks.

BKKT expects its SAM to rise at a CAGR of 26 percent between 2020 and 2025, reaching $5.1 trillion. The company sees its total addressable market as even higher after accounting for international expansion and increased asset digitization.

The company projects its total active users to rise above 30 million by 2025, growing at a CAGR of 36 percent between 2021 and 2025. In 2025, it expects to post revenues less transaction-based expenses of $515 million and an average revenue per active user of $210.

Here is a summary of the company's projected financials for 2025:

BKKT is forecasting an EBITDA loss of $184 million in 2021 but expects to turn EBITDA positive by 2023.

Stock Price

A stock trader analyzes financial data on multiple computer screens in an office setting.
Credit: pexels.com, A stock trader analyzes financial data on multiple computer screens in an office setting.

Bakkt Holdings stock has an average target of $13.13 from 2 analysts with 12-month price forecasts.

The average target predicts an increase of 13.19% from the current stock price of $11.60.

There are two possible price movements: a low estimate of -35.34% to $7.50, or a high estimate of +61.64% to $18.75.

Here is a summary of the target prices and their corresponding percentage changes:

The stock has crashed below all moving averages and the Relative Strength Index (RSI) has dropped below the oversold level.

Bakkt Stock Price

Bakkt Holdings stock has a current price of $11.60, which is expected to increase by 13.19% to $13.13 according to the average target of 2 analysts.

The stock has been in a strong bearish trend in the past few months, retreating from a high of $68 to around $6.3. It has moved below all moving averages and the Relative Strength Index (RSI) has dropped below the oversold level.

Stock Market Trading App with Graph Analysis
Credit: pexels.com, Stock Market Trading App with Graph Analysis

The average target predicts an increase of 13.19% from the current stock price, with a low estimate of 7.50 and a high estimate of 18.75. The forecast for Bakkt stock looks positive considering the pivot towards digital assets.

Here's a table comparing the average target with the current stock price:

Bakkt is projecting its total active users to rise above 30 million by 2025 and growing at a CAGR of 36 percent between 2021 and 2025. The company expects its adjusted EBITDA margin to be 55 percent in 2025, which looks healthy.

According to our prediction system, the future price of the asset is predicted at $8.832 (-24.12%) after a year.

Bkkt Merger Funding

Bakkt received $447 million of gross proceeds as part of the merger. This includes a PIPE investment of $325 million and the remaining $122 million held in the SPAC trust account.

The cash is only about 60 percent of the funds currently with the SPAC because other stockholders have opted for a redemption. This has led to a flurry of redemptions during the SPAC merger voting.

Bakkt plans to raise an additional $532 million as part of the deal, which will be used ahead of the launch of its digital asset consumer app in March.

Joan Lowe-Schiller

Assigning Editor

Joan Lowe-Schiller serves as an Assigning Editor, overseeing a diverse range of architectural and design content. Her expertise lies in Brazilian architecture, a passion that has led to in-depth coverage of the region's innovative structures and cultural influences. Under her guidance, the publication has expanded its reach, offering readers a deeper understanding of the architectural landscape in Brazil.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.