BKKT — Bakkt Holdings Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates BKKT Bearish with a Setup Score of 44, net conviction 31, actionability 62. How the Setup Score works →

Total Setup Score44
Directional BiasBearish
Net Conviction31
Actionability62 (in range)

Key signals behind this score

About Bakkt Holdings 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, … Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$7.69
Market Cap$379M
Float35.9M
Shares Outstanding45.1M
Price/Sales (TTM)0.34
vs. Analyst Target+56.0% to analyst PT
Profit Margin-2.78%
Operating Margin (TTM)-10.80%
Revenue (TTM)$1.12B
Dividend RateNone
Analyst Target Price$12.00

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $28.5M -$79.6M -$30.1M -$43.4M
2021 $39.4M -$243M -$138M -$151M
2022 $56.2M -$1.99B -$113M $1.67B
2023 $780M -$74.9M $61.6M -$114M
2024 $3.49B -$46.7M $87.0M -$83.4M
2025 $2.34B -$107M $26.9M -$97.1M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $402M -$14.9M
Dec 2025 $299M -$85.3M
Mar 2026 $244M -$11.7M
Jun 2026 $170M $80.8M

Ownership & Float

Insider Ownership39.5%
Institutional Ownership28.4%
Short Float16.9%
% of All Funds Holding1.14%
Number of Funds Holding100

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$7.85Near-term / short-term trend
Weekly40-Week SMA$10.11Medium-term trend
Weekly80-Week SMA$12.68Cyclical trend (business cycle)
Weekly200-Week SMA$21.94Secular trend (multi-year)
Monthly10-Month SMA$9.83Near-term monthly trend
Monthly20-Month SMA$12.57Medium-term monthly trend
Monthly40-Month SMA$18.69Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$27.20 resistance 1.14x 8 months ago

Historical Earnings Reactions (23 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.59% 0.29% 52.17% 26.17% -40.54%
1 Day -1.47% -0.20% 39.13% 47.35% -41.76%
1 Week 8.00% -0.50% 43.48% 142.03% -44.50%
2 Weeks 3.73% 0.52% 52.17% 109.50% -45.37%
1 Month -4.05% -11.89% 31.82% 119.24% -62.59%

Next earnings: October 29, 2026 (61 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 1.33% 41.1% 270
Tuesday -0.39% 41.5% 299
Wednesday -0.00% 44.4% 297
Thursday -0.19% 44.6% 289
Friday 0.47% 45.7% 289

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 28.4%

Insider Transactions — Smart Summary

Total insider ownership: 39.5%

12-Month Insider Activity Summary

Total Filings19
Net Value-$528,091.261
Net Shares Change1,117,817
% of Float3.1%
C-Suite Filings16
Clusters Detected3

Key Insiders

NameTitleNet ValueFilingsActivity
ALFRED MICHAEL +$9.1M 3 3 buy
Alexander Karen Chief Financial Officer -$63,432.51 3 3 sell
Baes Nicholas Chief Operating Officer -$12,386.66 1 1 sell
D'Annunzio Marc General Counsel & Secretary -$4,549.16 1 1 sell
Henderson Joseph Sean-Walsh Chief Accounting Officer -$3,550.59 2 2 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-04-29 – 2026-04-29 3 3 -$133,154.698 3 C-suite
2026-06-29 – 2026-06-29 4 4 -$53,125.796 4 C-suite
2026-07-15 – 2026-07-17 3 3 -$10,877.26 3 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-08-19 ALFRED MICHAEL +$2.1M Transaction at $7.12, now +8.0%
2026-06-11 ALFRED MICHAEL +$2.2M Transaction at $7.75, now -0.8%
2026-06-29 Alexander Karen Chief Financial Officer -$15,122.51 Transaction at $7.93, now -3.0%
2026-07-17 D'Annunzio Marc General Counsel & Secretary -$4,549.16 Transaction at $8.44, now -8.9%
2026-07-17 Alexander Karen Chief Financial Officer -$5,545.08 Transaction at $8.44, now -8.9%
2026-07-15 Henderson Joseph Sean-Walsh Chief Accounting Officer -$783.02 Transaction at $8.33, now -7.7%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Bakkt Holdings Inc (BKKT) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for BKKT on Trend Edge →