BAKKT INC CLASS A (BKKT)
Financials · digital asset infrastructure and financial services · NYSE
Bakkt provides a regulated, modular financial infrastructure platform that enables institutions to offer digital asset trading, stablecoin payments, and embedded financial services.
What BAKKT INC CLASS A does
Bakkt builds digital financial infrastructure designed to support institutional participation in the digital asset economy. The company operates through three primary business engines: Bakkt Markets (regulated trading, payment, and custody infrastructure), Bakkt Agent (an intelligence layer for embedded finance), and Bakkt Global (strategic international investments). Its platform integrates traditional and digital assets via a unified API-based technology stack.
Recent developments
In Q2 2026, Bakkt reported a GAAP net income of $80.8 million, driven largely by the fair value accounting of a warrant position in Transchem Limited following Indian regulatory approval. The company successfully integrated the technology and payments business acquired in April 2026 and launched the commercial availability of its Bakkt Agent Embedded Finance platform.
From BAKKT INC CLASS A's filing of 2026-08-10.
Themes: digital asset infrastructure, stablecoin payments, embedded finance, institutional crypto adoption, AI-driven financial services, cross-border payments
Fundamentals
- Price$7.03 as of 2026-10-08 close
- Market cap$317M as of 2026-08-05 (share count; price 2026-10-08)
- 1-year return-82.3% 2025-10-08 close $39.76 → 2026-10-08 close $7.03
- P/En/a negative earnings
- Net margin-4.6% FY2025, SEC XBRL
- ROE-95.1% FY2025, SEC XBRL
- Debt / equity0.00 as of 2026-09-03
- Revenue growth (YoY)-59.0% as of 2026-09-03
- Revenue CAGR (3y)+246.3% SEC XBRL
- Beta3.26 as of 2026-09-03
- Last reported earnings2026-08-10 SEC EDGAR Form 8-K (Item 2.02)
How BKKT compares in its sector
- net profit marginbottom 10% 344 covered Financials peers, as of 2026-09-03
- operating marginbottom 10% 122 covered Financials peers, as of 2026-09-03
- return on equitybottom 10% 559 covered Financials peers, as of 2026-09-03
- 3-year revenue CAGRtop 10% 347 covered Financials peers
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How BAKKT INC CLASS A looks technically
BAKKT INC CLASS A (BKKT) is trading 26.6% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 182 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 16, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 39, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 8 trading days ago (its momentum flipped negative). It just made a new 20-day low, its first since 2026-08-18, breaking below its recent trading range. It is 4.8% above its 52-week low (its lowest price of the past year).
Trend
7
| Distance from the 200-day | it is trading 26.6% below its 200-day average, the long-term trend line — a long-term downtrend | -26.6% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $7.86 | $7.86 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $9.58 | $9.58 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 16 calendar days ago — the swings before that are what the structure reading is measured on | 16 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 182 trading days ago — a "death cross", a bearish long-term signal | 182 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 16, below the 25 that marks a real trend) | 15.6 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 39, neither overbought (above 70) nor oversold (below 30) | 39.4 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($6.81 to $9.79) — its "stochastic" reading is 7 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 7.4 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 8 trading days ago (its momentum flipped negative) | 8 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $49.79 | $49.79 |
|---|---|---|
| From the 52-week high | it is 85.9% below its 52-week high (its highest price of the past year) | -85.9% |
| Above the 52-week low | it is 4.8% above its 52-week low (its lowest price of the past year) | +4.8% |
| Below the 52-week high | it is 85.9% below its highest point of the past year | 85.9% |
| Since a 20-day breakout | it just made a new 20-day low, its first since 2026-08-18, breaking below its recent trading range | 1 session |
| Since a 55-day breakout | it made a new 55-day high about 13 trading days ago | 13 sessions |
| All-time high | its highest closing price on record is $1270.00 (set on 2021-11-01) | $1270.00 |
| Given back of the 52-week move | over the past year its closes ranged ($6.85 to $45.04), and it has recovered essentially none of its fall from last year’s high — 0% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $30.45 to $31.67. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 0.5% |
| From the all-time high | it is 99.4% below its all-time high | -99.5% |
| Nearest price level | it is trading 0.5% below a resistance level at $7.07 — a price it turned at three times since 2026-07-17, most recently on 2026-09-16. Since 2024-10-08 it has 1 such level below the current price and 13 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.5% |
| All-time low | its lowest closing price on record is $5.57 (set on 2024-05-01) | $5.57 |
| Above the all-time low | it is 26.1% above its all-time low | +26.1% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 66th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.6084 between its high and its low — about 8.7% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.6084 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $6.64 and $9.48 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $6.64 – $8.06 – $9.48 |
| Typical daily range (% of price) | its price moves about 8.7% in a typical session — among the most volatile in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 8.7% |
| Stretch from the 200-day average | it is trading 4.2 daily ranges below its 200-day average price (26.6% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 4.2 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.28× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
1
| Since a bearish engulfing | 9 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 9 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-10-08 1.7% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | -1.6% |
|---|---|---|
| Open gap | it gapped 3.0% below the previous close 1 session ago and has not traded back through the level it left behind at 7.35 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -3.0% |
| Gap filled | a 4.0% gap up opened on 2026-10-02 has been "filled" 4 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 4 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 4 sessions in a row, a -9.29% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 4 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 15.9 percentage points (the stock lost 14.9% while the market gained 1.0%) | -15.9% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 19.7 percentage points (the stock lost 15.9% while the market gained 3.8%) | -19.7% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 25.3 percentage points (the stock lost 7.9% while the market gained 17.5%) | -25.3% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 97.3 percentage points (the stock lost 82.3% while the market gained 15.0%) | -97.3% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a fresh 20-day low, MACD momentum is negative, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 12% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 4.1% of the share price. | -11.8% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 30% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $10.00 — a volume-weighted average of daily closes over 188 sessions, not a true tick-by-tick VWAP. | -29.7% |
|---|---|---|
| Vs the average paid since it last reported | the price is 12% below the average price paid since it last reported on 2026-08-10 (its 10-Q), so the typical buyer over that stretch is under water. That average is $7.99 — a volume-weighted average of daily closes over 43 sessions, not a true tick-by-tick VWAP. | -12.0% |
Price levels it has turned at before
BKKT last closed at $7.03 on 2026-10-08. Since 2024-10-08 it has turned at 1 price below its last close and 13 above; the nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $7.07 | Resistance | 0.5% above the last close | turned there three times · 2026-07-17 to 2026-09-16 |
| $6.76 | Support | 3.9% below the last close | turned there three times · 2025-04-08 to 2026-08-19 |
| $7.69 | Resistance | 9.3% above the last close | turned there three times · 2026-04-29 to 2026-06-26 |
| $7.91 | Resistance | 12.5% above the last close | turned there three times · 2025-03-18 to 2026-05-14 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · Broke down to a new 20-day low · trendless / choppy (low ADX) · lagging the market · Most volatile (6%+ typical daily range) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$12.00 range $12.00 – $12.00
Analyst estimates, as of 2026-10-06. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for BKKT
- Consensus EPS estimate$0.5 next reporting period, as of 2026-10-06
- Estimate change, 30 days+$0.43 from $0.07, on 2026-09-02, 34-day window
- Readings revised upward14% of 7 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["High regulatory dependency including state-level money transmitter and virtual currency licensing.","Significant revenue volatility tied to digital asset trading volumes and industry-wide trends.","Operational risks associated with integrating acquired technologies and expanding into international jurisdictions."]
What changed in the latest 10-Q
AI-assisted comparison of BKKT's 10-Q filed 2026-08-10 against the prior one filed 2026-05-11.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-08-10) adds a statement that consolidated results include the operations of Distributed Technologies Research Global Ltd (DTR) from May 1, 2026, following completion of the acquisition on April 30, 2026.
- Newer filing (2026-08-10) adds a statement that references to the acquired business are made only where necessary to describe the transaction, historical periods, or related accounting matters, and that since completion of the acquisition DTR's people, technology, products and transaction activity are part of Bakkt.
- Removed:
- Older filing (2026-05-11) contains the phrase 'or set forth elsewhere in this Report' when describing where forward-looking information is contained; newer filing omits this phrase.
- Reworded:
- Newer filing changes 'for the quarter ended March 31, 2026' to 'for the quarter ended June 30, 2026' (reporting period).
- Newer filing changes 'for the three months ending March 31, 2026' to 'for the three and six months ending June 30, 2026' (consolidated results period).
- Newer filing changes the forward-looking statement discussion wording: 'information with respect to our plans and strategy for our business' becomes 'information regarding our plans, strategy, product development, commercial pipeline, expected launches, target markets, investments and future financial or operating performance'.
- Newer filing changes 'Such forward-looking statements are based on the beliefs of our management, as well as assumptions made by, and information currently available to, our management' to 'These statements are based on management's current beliefs, assumptions and information and are subject to risks and uncertainties'.
- Newer filing changes 'include, but are not limited to, those factors discussed above in "Cautionary Statement Regarding Forward-Looking Statements"' to 'include those discussed under "Cautionary Note Regarding Forward-Looking Statements"'.
- Notes:
- The provided texts appear truncated, ending mid-sentence in both the newer and older versions, so changes after the truncation point cannot be assessed.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
1 open-market purchase and 6 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 30 days · read to 2026-10-040 buys · 3 sells ($24332) — 3 selling insiders
- Last 90 days · read to 2026-10-041 buy ($2M) · 6 sells ($35209) — 1 buying, 4 selling insiders
- Last 180 days · read to 2026-10-045 buys ($9M) · 15 sells ($221490) — 1 buying, 4 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-09-23. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about BKKT's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding BKKT as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 4,841,180
- Reported value $37,809,617
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 3 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about BKKT's institutional holders → See what each manager we track holds →
Short interest (FINRA)
BKKT had 6,132,337 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
BKKT had 13.6% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 6.56 days to cover at the same settlement.
- Reported short interest (shares) 6,132,337
- Short interest (% of shares outstanding) 13.6%
- Prior settlement (shares) 6,004,852
- Reported change 2.12%
- Days to cover (reported) 6.56
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Coinbase (COIN)
- PayPal (PYPL)
- Block
- Kraken
- Bitstamp
- Fireblocks
- Paxos
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does BAKKT INC CLASS A (BKKT) do?
Bakkt builds digital financial infrastructure designed to support institutional participation in the digital asset economy. The company operates through three primary business engines: Bakkt Markets (regulated trading, payment, and custody infrastructure), Bakkt Agent (an intelligence layer for embedded finance), and Bakkt Global (strategic international investments). Its platform integrates traditional and digital assets via a unified API-based technology stack.
What sector is BAKKT INC CLASS A (BKKT) in?
BAKKT INC CLASS A (BKKT) is classified in the Financials sector. Its industry is digital asset infrastructure and financial services. It trades on NYSE.
Who are BAKKT INC CLASS A's (BKKT) competitors?
Notable peers of BAKKT INC CLASS A (BKKT) include Coinbase, PayPal, Block, Kraken and Bitstamp. This peer set is informational only — not financial advice.
Is BAKKT INC CLASS A (BKKT) overbought or oversold right now?
BAKKT INC CLASS A (BKKT) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 39, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on BKKT come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.