Analyst Price Target is $13.13
▼ -50.75% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Bakkt in the last 3 months. The average price target is $13.13, with a high forecast of $18.75 and a low forecast of $7.50. The average price target represents a -50.75% upside from the last price of $26.65.
Current Consensus is
Hold
The current consensus among 2 polled investment analysts is to hold stock in Bakkt. This Hold consensus rating has held steady for over two years.
Bakkt Holdings, Inc. offers software as a service and application programming interface solutions for crypto and loyalty, powering engagement, and performance. The company operates Bakkt Marketplace, a platform that enables consumers to buy, sell, and store crypto in an embedded web experience; Bakkt Crypto, a platform that supports clients with a range of crypto solutions; and Bakkt Trust, institutional-grade qualified custody solution for market participants. Its platform also offers a range of loyalty solutions, including redemption solutions for various rewards categories comprising travel, gift cards, and merchandise; travel solutions that offer a retail e-commerce booking platform, as well as live-agent booking and servicing; and unified shopping experience. The company was founded in 2018 and is headquartered in Alpharetta, Georgia.
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