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Bakkt Holdings Appoints Michael Alfred as New Director

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Bakkt Holdings Appoints Michael Alfred as New Director

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An announcement from Bakkt Holdings, Inc. Class A ( (BKKT) ) is now available.

On September 17, 2025, De’Ana Dow resigned from her position as a director of Bakkt Holdings, Inc. and as a member of the Audit and Risk Committee, with her resignation unrelated to any disagreements with the company. Her unvested RSUs vested upon her resignation. Concurrently, Michael Alfred was appointed as a Class II director to fill the vacancy, with the Board confirming his independence and compliance with New York Stock Exchange requirements. Alfred, a seasoned investor and advisor, brings extensive experience in financial technology and digital assets, enhancing the company’s strategic direction.

The most recent analyst rating on (BKKT) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Bakkt Holdings, Inc. Class A stock, see the BKKT Stock Forecast page.

Spark’s Take on BKKT Stock

According to Spark, TipRanks’ AI Analyst, BKKT is a Neutral.

Bakkt Holdings, Inc. faces significant financial and operational challenges, with negative profitability and cash flow issues being the most critical factors. Technical indicators show bearish momentum, and valuation metrics are weak. While strategic initiatives and corporate events offer some positive outlook, they are overshadowed by immediate financial concerns.

To see Spark’s full report on BKKT stock, click here.

More about Bakkt Holdings, Inc. Class A

Average Trading Volume: 1,212,744

Technical Sentiment Signal: Sell

Current Market Cap: $241.3M

See more insights into BKKT stock on TipRanks’ Stock Analysis page.

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