Bakkt (BKKT) to Announce Quarterly Earnings on Monday

Bakkt (NYSE:BKKT) will likely be issuing its Q2 2026 results after the market closes on Monday, August 10th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $373.27 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Monday, August 10, 2026 at 5:30 PM ET.

Bakkt (NYSE:BKKT) last issued its quarterly earnings results on Monday, May 11th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.31). The business had revenue of $243.59 million for the quarter, compared to the consensus estimate of $297.94 million. Bakkt had a negative return on equity of 64.73% and a negative net margin of 8.37%.

Bakkt Trading Down 0.7%

Shares of BKKT opened at $7.12 on Monday. The firm has a fifty day moving average price of $8.59 and a 200-day moving average price of $9.82. The firm has a market capitalization of $317.68 million, a P/E ratio of -5.10 and a beta of 5.89. Bakkt has a 12-month low of $6.75 and a 12-month high of $49.79.

Insider Activity at Bakkt

In related news, Director Michael Alfred purchased 100,000 shares of Bakkt stock in a transaction that occurred on Wednesday, June 10th. The stock was bought at an average cost of $7.83 per share, for a total transaction of $783,000.00. Following the completion of the transaction, the director owned 905,000 shares in the company, valued at $7,086,150. The trade was a 12.42% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders bought a total of 865,000 shares of company stock valued at $7,018,900 in the last quarter. 10.05% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Bakkt

Several hedge funds have recently bought and sold shares of the stock. Advisory Services Network LLC purchased a new stake in shares of Bakkt during the third quarter worth about $30,000. Legal & General Group Plc lifted its stake in shares of Bakkt by 110.7% in the 3rd quarter. Legal & General Group Plc now owns 982 shares of the company’s stock valued at $33,000 after purchasing an additional 516 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in Bakkt in the third quarter valued at approximately $41,000. Russell Investments Group Ltd. raised its holdings in shares of Bakkt by 759.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,036 shares of the company’s stock valued at $69,000 after buying an additional 1,799 shares during the period. Finally, BNP Paribas Financial Markets grew its position in Bakkt by 268.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,158 shares of the company’s stock valued at $73,000 after acquiring an additional 1,572 shares in the last quarter. Hedge funds and other institutional investors own 11.11% of the company’s stock.

Analyst Upgrades and Downgrades

BKKT has been the subject of several recent research reports. Weiss Ratings upgraded Bakkt from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 2nd. Wall Street Zen raised shares of Bakkt from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $22.00.

Bakkt Company Profile

Bakkt Holdings, Inc is a digital asset platform that aims to bridge traditional finance and digital assets by offering institutional-grade custody, trading and settlement services. Established in 2018 by Intercontinental Exchange (ICE), the company initially made headlines with the launch of its physically settled Bitcoin futures contracts in 2019. Since then, Bakkt has expanded its product lineup to include spot trading of cryptocurrencies, a secure digital wallet for retail customers and a payment gateway that enables merchants to accept digital assets alongside fiat currencies.

The company’s core offering centers on its custody infrastructure, which is built to meet robust regulatory and security standards.