Wells Fargo initiated coverage on Bakkt with a new price target
$BKKT
Finance: Consumer Services
Finance
Wells Fargo initiated coverage of Bakkt with a rating of Equal Weight and set a new price target of $2.50
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/29/2022 | $2.50 | Equal Weight | Wells Fargo |
| 7/19/2022 | $3.00 | Neutral | Citigroup |
| 1/12/2022 | $13.50 → $7.00 | Hold | Jefferies |
| 11/11/2021 | $28.00 | Hold | Jefferies |
4 - Bakkt Holdings, Inc. (0001820302) (Issuer)
3 - Bakkt Holdings, Inc. (0001820302) (Issuer)
3 - Bakkt Holdings, Inc. (0001820302) (Issuer)
10-Q - Bakkt Holdings, Inc. (0001820302) (Filer)
8-K - Bakkt Holdings, Inc. (0001820302) (Filer)
8-K - Bakkt Holdings, Inc. (0001820302) (Filer)
Bakkt Holdings Inc. (NYSE:BKKT) shares are trading lower Friday afternoon after reports emerged that the company is exploring a potential sale or breakup. This move comes amid increased consolidation activity in the digital-asset sector and near-record high crypto prices. What’s Going On: According to a Bloomberg report, Bakkt Holdings Inc., the digital-asset marketplace established by the parent company of the New York Stock Exchange, is contemplating a range of strategic options, including a potential sale or breakup. The company has been working with a financial advisor to evaluate these options, though no final decision has been made and Bakkt may decide to remain independent. The
- Bloomberg
Wells Fargo initiated coverage of Bakkt with a rating of Equal Weight and set a new price target of $2.50
Citigroup initiated coverage of Bakkt with a rating of Neutral and set a new price target of $3.00
Jefferies reiterated coverage of Bakkt Hldgs with a rating of Hold and set a new price target of $7.00 from $13.50 previously
Bakkt Holdings, Inc. (NYSE:BKKT) announced today that it will release its third quarter 2024 earnings on Wednesday, November 13, 2024, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to join at https://events.q4inc.com/attendee/823369792 or dial in at (833) 470-1428 or (404) 975-4839, and reference participant access code 597174 approximately ten minutes prior to the start of the call. In addition to the dial-in options, Bakkt stockholders can participate by going to h
$509.9 million total revenues including gross crypto revenues and net loyalty revenues $36.8 million operating expenses excluding crypto costs, execution, clearing and brokerage fees, down 43.1% year-over-year, 24.6% sequentially Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE:BKKT) announced its financial and operational results for the quarter ended June 30, 2024. CEO Comments: "We continue to make solid progress against our three key strategic priorities," commented Andy Main, President and CEO of Bakkt. "Since last quarter, we have made significant strides in partnerships across traditional and digital assets to enable Bakkt's solutions, which offer deep liquidity and stro
Bakkt Holdings, Inc. (NYSE:BKKT) announced today that it will release its second quarter 2024 earnings on Wednesday, August 14, 2024, before market open. Management will host a conference call at 8:30 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (833) 470-1428 or (404) 975-4839, and reference participant access code 865830 approximately ten minutes prior to the start of the call. In addition to the dial-in options, Bakkt stockholders can participate by going to https://app.saytechnologies.com/bakkt-2024-q2 to submit quest
Bakkt Holdings, Inc. (NYSE:BKKT) announced today that Ray Kamrath was appointed as the Chief Commercial Officer of Bakkt's crypto business. In this newly created position, Kamrath will report to Andy Main, Bakkt's Chief Executive Officer. "By appointing Ray Kamrath to lead our commercial efforts, Bakkt is doubling down on our commitment to strategic expansion and growth. Ray brings a depth of experience and a proven track record of delivering business results, with deep client and marketplace relationships. All of this will be instrumental in bringing our strong, secure and scaled crypto platform to a growing market," said Main. Kamrath will lead the company's sales across Bakkt's crypt
The relaunched platform, built for flexibility and secure innovation, will also offer expanded coin custody capabilities with six additional coins to go live in December Bakkt Holdings, Inc. (NYSE:BKKT) announced today that it has relaunched its Bakkt® Custody platform with enhanced capabilities, a revitalized interface, and a foundation built to enable the rapid addition of future functionality. The redesigned Bakkt® Custody offers segregated on-chain wallet addresses, gives clients the ability to configure security processes in the application and provides access to more advanced reporting features. Operated under Bakkt Trust Company LLC, an NYDFS Qualified Custodian, Bakkt's institut
Bakkt Holdings, Inc. (NYSE:BKKT) a digital asset platform that unlocks crypto and drives loyalty to create delightful, connected experiences for a broad range of clients, announced today that Chip Goodroe was appointed as its Chief Accounting Officer. In this role, Mr. Goodroe will report to Karen Alexander, Bakkt's Chief Financial Officer, and will lead the Accounting function, including SEC and regulatory reporting. "I'm pleased to welcome Chip to the team and into the role of Chief Accounting Officer," said Ms. Alexander. "He is a great fit for Bakkt given his deep accounting expertise across technology and cryptocurrency." Mr. Goodroe is a seasoned accounting professional with more th
Bakkt Holdings, Inc. (NYSE:BKKT) announced today that it will release its third quarter 2024 earnings on Wednesday, November 13, 2024, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to join at https://events.q4inc.com/attendee/823369792 or dial in at (833) 470-1428 or (404) 975-4839, and reference participant access code 597174 approximately ten minutes prior to the start of the call. In addition to the dial-in options, Bakkt stockholders can participate by going to h
$509.9 million total revenues including gross crypto revenues and net loyalty revenues $36.8 million operating expenses excluding crypto costs, execution, clearing and brokerage fees, down 43.1% year-over-year, 24.6% sequentially Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE:BKKT) announced its financial and operational results for the quarter ended June 30, 2024. CEO Comments: "We continue to make solid progress against our three key strategic priorities," commented Andy Main, President and CEO of Bakkt. "Since last quarter, we have made significant strides in partnerships across traditional and digital assets to enable Bakkt's solutions, which offer deep liquidity and stro
Bakkt Holdings, Inc. (NYSE:BKKT) announced today that it will release its second quarter 2024 earnings on Wednesday, August 14, 2024, before market open. Management will host a conference call at 8:30 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (833) 470-1428 or (404) 975-4839, and reference participant access code 865830 approximately ten minutes prior to the start of the call. In addition to the dial-in options, Bakkt stockholders can participate by going to https://app.saytechnologies.com/bakkt-2024-q2 to submit quest
SC 13D/A - Bakkt Holdings, Inc. (0001820302) (Subject)
SC 13D/A - Bakkt Holdings, Inc. (0001820302) (Subject)
SC 13G/A - Bakkt Holdings, Inc. (0001820302) (Subject)
4 - Bakkt Holdings, Inc. (0001820302) (Issuer)
4 - Bakkt Holdings, Inc. (0001820302) (Issuer)