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 |
10-Q - Bakkt Holdings, Inc. (0001820302) (Filer)
8-K - Bakkt Holdings, Inc. (0001820302) (Filer)
10-Q - Bakkt Holdings, Inc. (0001820302) (Filer)
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
4 - Bakkt Holdings, Inc. (0001820302) (Issuer)
3 - Bakkt Holdings, Inc. (0001820302) (Issuer)
3 - Bakkt Holdings, Inc. (0001820302) (Issuer)
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
BakktX successfully tested, institutional client rollout to begin Q4'24 Net loss improved 87.8% year-over-year Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE:BKKT) announced its financial and operational results for the quarter ended September 30, 2024. CEO Comments: "Since the U.S. Presidential election, we've seen a dramatic increase in trading volumes driven by favorable macro sentiment and rising crypto prices," said Andy Main, President and CEO of Bakkt. "As of November 12th, we had transacted $279 million in volume, already surpassing October's total of $165 million in just 12 days. These tailwinds align with the upcoming rollout of our institutional trading platform, B
Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE:BKKT) announced today that it has changed the date for its previously announced earnings conference call. The Company will now host its earnings conference call at 5:00 p.m. ET on Thursday, November 14, 2024, to review the results for the quarter. 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. The conference call will be webcast live and archived on the investor relations section of B
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
SC 13G - Bakkt Holdings, Inc. (0001820302) (Subject)
SC 13D/A - Bakkt Holdings, Inc. (0001820302) (Subject)
SC 13D/A - Bakkt Holdings, Inc. (0001820302) (Subject)
Bakkt Holdings, Inc. (NYSE:BKKT) announced today that it is aware of the rumors that appeared in the financial press regarding a potential transaction involving the Company. It is the Company's policy not to comment on market rumors or speculation. About Bakkt Founded in 2018, Bakkt builds solutions that enable our clients to grow with the crypto economy. Through institutional-grade custody, trading, and onramp capabilities, our clients leverage technology that's built for sustainable, long-term involvement in crypto. Bakkt is headquartered in Alpharetta, GA. For more information, visit: https://www.bakkt.com/ | X (Formerly Twitter) @Bakkt | LinkedIn https://www.linkedin.com/company
BakktX successfully tested, institutional client rollout to begin Q4'24 Net loss improved 87.8% year-over-year Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE:BKKT) announced its financial and operational results for the quarter ended September 30, 2024. CEO Comments: "Since the U.S. Presidential election, we've seen a dramatic increase in trading volumes driven by favorable macro sentiment and rising crypto prices," said Andy Main, President and CEO of Bakkt. "As of November 12th, we had transacted $279 million in volume, already surpassing October's total of $165 million in just 12 days. These tailwinds align with the upcoming rollout of our institutional trading platform, B
Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE:BKKT) announced today that it has changed the date for its previously announced earnings conference call. The Company will now host its earnings conference call at 5:00 p.m. ET on Thursday, November 14, 2024, to review the results for the quarter. 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. The conference call will be webcast live and archived on the investor relations section of B
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
4 - Bakkt Holdings, Inc. (0001820302) (Issuer)
4 - Bakkt Holdings, Inc. (0001820302) (Issuer)