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Bakkt Holdings Inc has a consensus price target of $2.51 based on the ratings of 4 analysts. The high is $7 issued by Jefferies on January 12, 2022. The low is $0.3 issued by Citigroup on March 27, 2024. The 3 most-recent analyst ratings were released by Citigroup, Rosenblatt, and Rosenblatt on March 27, 2024, March 26, 2024, and March 1, 2024, respectively. With an average price target of $0.6 between Citigroup, Rosenblatt, and Rosenblatt, there's an implied -98.08% downside for Bakkt Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Bakkt Hldgs (NYSE:BKKT) was reported by Citigroup on March 27, 2024. The analyst firm set a price target for $0.30 expecting BKKT to fall to within 12 months (a possible -99.04% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Bakkt Hldgs (NYSE:BKKT) was provided by Citigroup, and Bakkt Hldgs maintained their sell rating.
There is no last upgrade for Bakkt Hldgs
There is no last downgrade for Bakkt Hldgs.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bakkt Hldgs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bakkt Hldgs was filed on March 27, 2024 so you should expect the next rating to be made available sometime around March 27, 2025.
While ratings are subjective and will change, the latest Bakkt Hldgs (BKKT) rating was a maintained with a price target of $0.50 to $0.30. The current price Bakkt Hldgs (BKKT) is trading at is $31.29, which is out of the analyst’s predicted range.
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