Bakkt Inc reports results for the quarter ended June 30 - Earnings Summary

Bakkt

10/08/2026 23:31

Bakkt Inc BKKT.N reported quarterly adjusted earnings of $1.94​​ per share for the quarter ended June 30.  The mean expectation of two analysts for the quarter was for earnings of 3 cents per share. 
Revenue was $170.15 million​; analysts expected $373.27 million. 
Bakkt Inc's reported EPS for the quarter was $1.94​.
The company reported quarterly net income of $80.84 million.
Bakkt Inc shares had fallen by 3.6% this quarter and lost 25.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 50% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." 
Wall Street's median 12-month price target for Bakkt Inc is $20.00, about 61.7% above its last closing price of $7.65
This summary was machine generated from LSEG data August 10 at 10:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.03
1.94
Beat
Mar. 31 2026 
-0.10
-0.41
Missed
Dec. 31 2025 
-0.54
-6.37
Missed
Sep. 30 2025 
-0.72
-1.15
Missed