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How Does Bakkt Holdings Inc (BKKT) Stock Rank on Wall Street Wednesday?

Wednesday, February 28, 2024 12:59 PM | InvestorsObserver Analysts

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How Does Bakkt Holdings Inc (BKKT) Stock Rank on Wall Street Wednesday?

Wall Street is positive on Bakkt Holdings Inc (BKKT). On average, analysts give Bakkt Holdings Inc a Buy rating. The average price target is $1.85, which means analysts expect the stock to rise by 86.87% over the next twelve months. That average ranking earns Bakkt Holdings Inc an Analyst Rating of 26, which is better than 26% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.7
Wall Street analysts are rating BKKT a Buy today. Find out what this means to you and get the rest of the rankings on BKKT!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Bakkt Holdings Inc Stock Today?

Bakkt Holdings Inc (BKKT) stock has gained 4.69% while the S&P 500 is down -0.19% as of 12:42 PM on Wednesday, Feb 28. BKKT has gained $0.04 from the previous closing price of $0.95 on volume of 2,902,311 shares. Over the past year the S&P 500 has risen 27.67% while BKKT is down -32.19%. BKKT lost -$1.78 per share the over the last 12 months. Click Here to get the full Stock Report for Bakkt Holdings Inc stock.

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