Bakkt, Inc. (BKKT)
Technology · NYQ
Fundamentals
Valuation and ratings
Bakkt, Inc. trades at USD7.85, which is 29% above the USD5.56 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 10 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
BKKT earnings and analyst estimates
Recommendation mix, 1 analyst rating
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Bakkt, Inc.
Bakkt, Inc. engages in digital building financial infrastructure business. The company offers Bakkt Market solutions, which enables institutions to launch secure, compliant, and advanced digital asset brokerage, trading and payment capabilities through a plug-and-play platform; Bakkt Agent provides programmable access to Bakkt's financial infrastructure through an intelligent software layer that coordinates onboarding, account creation, funding, and global money movement; and Bakkt Global enables Bakkt to expand its technology and infrastructure into international markets. It also provides solutions that enable institutional participation in the digital asset economy. The company serves various clients, such as financial institutions, hedge funds, merchants, retailers, third party partners, and other businesses. It markets its products and services using various business-to-business channels, such as email marketing and targeted digital advertisements; indirect marketing; and its website, blog, and social media platforms. The company offers its services in the United States, Latin America, Europe, and Asia. The company was formerly known as Bakkt Holdings, Inc. and changed its name to Bakkt, Inc. in January 2026. Bakkt, Inc. was founded in 2018 and is headquartered in Atlanta, Georgia.
BKKT passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
5 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$3.25M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$2.70M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$1.12M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$794.9K · 0.0% of book
- Paul Tudor Jones, TUDOR INVESTMENT CORP ET AL$552.1K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Bakkt, Inc. (BKKT) undervalued?
Against our discounted cash flow estimate of USD5.56, BKKT at USD7.85 is 29% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own BKKT?
5 of the institutions we track reported a position in BKKT in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
When does BKKT report earnings next?
Bakkt, Inc. is scheduled to report on 10 Aug 2026. Companies move earnings dates, so read it as scheduled rather than certain.
The full research page for BKKT, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.