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An update from Bakkt Holdings, Inc. Class A ( (BKKT) ) is now available.
On October 1, 2025, Bakkt Holdings, Inc. completed the sale of its Loyalty business to Project Labrador Holdco, LLC, marking a significant shift in its operational focus. This transaction, initially announced on July 23, 2025, allows Bakkt to streamline operations, reduce costs, and concentrate on its core areas of Bitcoin, tokenization, digital asset trading, stablecoin payments, and AI-driven finance. The sale is seen as a pivotal move to enhance Bakkt’s position as a pure-play digital asset infrastructure platform, aligning with its mission to drive growth and create long-term value for shareholders.
The most recent analyst rating on (BKKT) stock is a Buy with a $40.00 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 challenges with profitability and cash flow, reflected in a low financial performance score. Technical analysis indicates overbought conditions, suggesting caution. Valuation metrics are weak due to ongoing losses. While strategic initiatives and capital raising are positive, short-term challenges remain.
To see Spark’s full report on BKKT stock, click here.
More about Bakkt Holdings, Inc. Class A
Bakkt Holdings, Inc., founded in 2018 and headquartered in New York, NY, is a company focused on building the infrastructure for next-generation financial markets. It provides solutions for institutional participation in the digital asset economy, including Bitcoin, tokenization, stablecoin payments, and AI-driven finance. Bakkt aims to offer scale, security, and regulatory compliance to global institutions, positioning itself at the center of a transformation in financial markets.
Average Trading Volume: 2,078,581
Technical Sentiment Signal: Buy
Current Market Cap: $590.5M
For a thorough assessment of BKKT stock, go to TipRanks’ Stock Analysis page.