Does BKKT pay a dividend and is it safe?

Bakkt Inc. (Class A) (BKKT) offers a 0% cash dividend yield ($0.00 annualized) and 1.8% total shareholder yield including buybacks. Roarable rates its payout coverage as REINVESTING IN GROWTH + BUYBACKS.

Stock Ratings / Financials / BKKT / dividends

HKD (53) LIEN (34) BGIN (25) PNNT (47) ⌘ Pro Terminal →

Bakkt Inc. (Class A) (BKKT) Dividend Safety Gauge & 10-Year DRIP Compounder

Q: Where is BKKT trading relative to its 50-day, 200-day, and 52-week technical levels?

BKKT last traded at $4.40 (-5.17% on volume of 1,168,459 shares), positioning the stock -38.38% below its 50-day simple moving average ($7.14) and -49.43% below its 200-day simple moving average ($8.70). Across its 52-week range of $4.44 to $28.50, BKKT sits at the 0.0% percentile with a 14-day RSI of 31.7 (OVERSOLD (<32)) and an implied next-earnings move of ±12.5% ($3.85 to $4.95).

$4.40 -5.17% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $4.35

Bakkt Inc. (Class A) (BKKT) carries a Roarable Rating of E (Strong Sell) with 23/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE E • RED ALERT Cap $209.1M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on BKKT Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is BKKT stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, Bakkt Inc. (Class A) (NYSE: BKKT) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 23/100 at a spot price of $4.40 (-5.17% 1D, market cap $209.1M). Pillar breakdown: Fundamental Cash Engine 3/20, Institutional 13F & Options Flow 3/20, SEC Balance-Sheet Forensics 8/20, FRED Macro Regime Fit 6/20, and Executive Insider Alignment 3/20. Across 1097 tracked Financials issuers, BKKT ranks #1075 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does BKKT compare to HKD and LIEN in the Financials sector?

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Within the Financials sector (Finance: Consumer Services), BKKT carries a Roarable E (23/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -35.0%. By comparison, HKD (AMTD Digital Inc. (every five of which represent two ) (Class A)) holds a D+ grade (53/100 RQD, P/E N/A, ROIC —, cap $209.4M) and LIEN (Chicago Atlantic BDC Inc.) posts a E grade (34/100 RQD, P/E 6.3x, ROIC 11.0%, cap $208.1M). Among the 5-stock peer group, PNNT leads on earnings multiple (6.0x) while LIEN leads on capital efficiency (11.0% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for BKKT?

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Per BKKT's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001820302), Bakkt Inc. (Class A) generated $2.34B in revenue (-32.1% YoY), -$107.2M in net income, and -$153.4M in free cash flow against $162.8M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $4.35 (-1.12%)🧬 Dilution Drag (+1.28% YoY Shares)⚙️ Cash Engine: 3/20 (E) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (23/100 · E) historically underperformed SPY in 71% of rolling 90-day windows (-11.1% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERRED ALERT • E

3-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw E · Rk D-

Each axis scored 0–20

12M PRICE TARGET CONE-15.7% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for BKKT)Realized 20D OHLCV Swing Band: ±12.5%

Deterministic 5-Pillar Attribution (23/100 Composite)

🔍 WHY BKKT SCORES 23/100 (E) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: SEC 10-K Forensic Risk+8/20 pts (35% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 1/9

▲ #2 Bullish Driver: Macro Regime Fit+6/20 pts (26% of score)

FRED Regime × Technicals: 2% of 52W Range • RSI-14 at 31.7 (OVERSOLD (<32))

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution4/20 pts (-16 pt drag)

Dilution Drag (+1.28% YoY Shares) & executive Form 4 sales trim 16 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade E$6.46-15% Next Q

Q2 (-2Q)

Grade E$5.49-7.3% Next Q

Q3 (-1Q)

Grade E$5.09-13.6% Next Q

Current

Grade E$4.40-11.1% Hist 90D α

Trajectory: E (31) → E (23)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a BKKT Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While BKKT currently carries a cautious 23/100 (E) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Financials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($7.14) and Max Pain ($4.62) forces dealer call-delta covering toward $29.93.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.28% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $BKKT• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “BKKT Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 23%NO 77%Trade / Inspect Odds →

CASH DIVIDEND + BUYBACK YIELD

1.8% Total Yield

0% Cash ($0.00/yr) + 1.8% Buybacks

PAYOUT SAFETY SPEEDOMETER

74/100 • REINVESTING IN GROWTH + BUYBACKS

FREE CASH FLOW PAYOUT RATIO

0% (100% Reinvested)

Retains cash flow for R&D and share repurchases

INTERACTIVE DRIP & SHAREHOLDER-YIELD COMPOUNDER (5.5% EST. ANNUAL)

$10,000 Compounded Over 10 Years → $17,081

Est. Year-10 Shareholder Yield: $307/yr

Starting Investment: $10,000

Compounding Horizon: 10 Years

$10.6K

Yr 1

$11.1K

Yr 2

$11.7K

Yr 3

$12.4K

Yr 4

$13.1K

Yr 5

$13.8K

Yr 6

$14.5K

Yr 7

$15.3K

Yr 8

$16.2K

Yr 9

$17.1K

Yr 10

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring BKKT)

✓Walkthrough of BKKT's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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BKKT // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -50.89%▼ SUPPORT BREAKDOWN

2026-11-03O $5.08H $5.08L $4.40C $4.40VOL 1.24M

RES: $9.79SUP: $5.22SMA50: $7.14SMA200: $8.70

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

BKKT Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 BKKT Butterfly Map → + Track BKKT →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

8.0%/yr Implied 5Y Growth

vs. -32.1% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on BKKT today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for BKKT. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for BKKT today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (BKKT)

Financials Rank #1075 of 1097 ⚔️ HKD vs BKKT Full Matrix →

1. Head-to-Head Financials Peer Comparison (BKKT vs. HKD, LIEN, BGIN, PNNT)

Industry: Finance: Consumer Services (156 Tracked Issuers)

Across 1097 tracked Financials securities in the Roarable RQD universe, Bakkt Inc. (Class A) (BKKT) ranks #1075 by composite RQD confidence (23/100, grade E) and #878 by equity capitalization ($209.1M). Within this direct 5-issuer industry benchmark cohort, PNNT leads on earnings valuation at 6.0x trailing P/E, while LIEN leads on capital efficiency and profitability with 11.0% ROIC and — gross margin. HKD currently holds the highest overall quantitative score in the immediate peer group at 53/100 (D+) compared with BKKT at 23/100 (E).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
BKKT ACTIVE Bakkt Inc. (Class A)	E	23/100	—	—	-35.0%	-5.17%	$209.1M	Benchmark Subject
HKD AMTD Digital Inc. (every five of which represent two ) (Class A)	D+	53/100	—	—	—	-1.81%	$209.4M	/hkd-vs-bkkt →
LIEN Chicago Atlantic BDC Inc.	E	34/100	6.3x	—	11.0%	-0.11%	$208.1M	/lien-vs-bkkt →
BGIN Bgin Blockchain Limited (Class A)	E	25/100	—	—	-35.0%	+1.14%	$199.1M	/bgin-vs-bkkt →
PNNT PennantPark Investment Corporation	D	47/100	6.0x	—	7.2%	+2.65%	$197.2M	/pnnt-vs-bkkt →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001820302 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Bakkt Inc. (Class A) (BKKT) reported GAAP revenue of $2.34B (-32.1% vs. FY2024 revenue of $3.44B , and +221.2% cumulative change since FY2023) , GAAP net income of -$107.2M, operating cash flow of -$153.4M, and free cash flow of -$153.4M (-623.5% YoY). On the balance sheet, BKKT closed FY2025 with $162.8M in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 1/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$2.34B	-$107.2M	-$153.4M	-$153.4M	$162.8M	—
FY2024 (FY)	2024-12-31	$3.44B	-$46.7M	-$21.2M	-$21.2M	$269.4M	—
FY2023 (FY)	2023-12-31	$727.0M	-$74.9M	-$60.7M	-$60.7M	—	—

3. BKKT Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is BKKT stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does BKKT compare to HKD and LIEN in the Financials sector?

What are the biggest fundamental strengths and SEC risk factors for BKKT?

Where is BKKT trading relative to its 50-day, 200-day, and 52-week technical levels?

BKKT last traded at $4.40 (-5.17% on volume of 1,168,459 shares), positioning the stock -38.38% below its 50-day simple moving average ($7.14) and -49.43% below its 200-day simple moving average ($8.70). Across its 52-week range of $4.44 to $28.50, BKKT sits at the 0.0% percentile with a 14-day RSI of 31.7 (OVERSOLD (<32)) and an implied next-earnings move of ±12.5% ($3.85 to $4.95).

Direct Sub-Reports: BKKT RQD Cockpit BKKT 12M Forecast BKKT Earnings & Move BKKT Dividends & DRIP BKKT Insiders & 13F BKKT Whale Options BKKT Profit Sankey BKKT News & Why

ROARABLE RATING BRIEF • RQD 23/100 (E) ✓ SEC XBRL & RQD VERIFIED

BKKT — Bakkt Inc. (Class A): What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

Bakkt Inc. (Class A) (BKKT) earns a live Roarable RQD composite score of 23/100, corresponding to a E letter grade (Roarable Strong Sell) at a spot price of $4.40 (-5.17% 1D, market capitalization $209.1M).

Fundamental Cash Engine (3/20): Anchored by return on invested capital (ROIC) of -35.0%, gross margin of —, operating margin of -6.3%, and free cash flow yield of —.
Whale 13F & Options Flow (3/20) + Insider Conviction (3/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (6/20) + Forensic Balance Sheet (8/20): Incorporates a 1.00x equity beta, Altman Z-Score of N/A, Piotroski F-Score of 1/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

Bakkt Inc. (Class A) is a NYSE-listed issuer classified under the Financials sector and the Finance: Consumer Services industry. Market capitalization is $0.2B.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Bakkt Inc. (Class A) (BKKT) reported $2.34B in annual revenue (up from $3.44B in FY2024, -32.1% YoY) and -$107.2M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($727.0M revenue, -$74.9M net income) through FY2025, BKKT scaled operating cash flow to -$153.4M and free cash flow to -$153.4M, backed by $162.8M in total assets against $0 in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (E • RQD 23/100): Established market leader in Financials with deep daily trading liquidity. Free cash flow yield of — and institutional whale pillar of 3/20. With Fundamental Cash Engine at 3/20 and Institutional Whale Flow at 3/20, sustained execution supports upside toward the upper end of the $4.44 – $28.50 52-week range.
🐻 Primary Bear Case & Valuation Risk: Company executives have done more routine share selling than personal cash buying lately. Investors must weigh current valuation against -6.3% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Operating in Finance: Consumer Services (Financials), BKKT carries a macro regime beta of 1.00 and gross margin of —.

Key Question #1: Can BKKT sustain or expand its -6.3% operating margin and -35.0% ROIC against Finance: Consumer Services peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $2.34B and free cash flow of -$153.4M, how will capital allocation balance growth reinvestment against $0 in total debt?
Key Question #3: How sensitive is BKKT's equity valuation to Financials capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

BKKT Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Bakkt Inc. (Class A) (BKKT) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to BKKT Debate Forum (3) ↓

🔴 RISK WATCH Seeking Alpha • 22h ago

Bakkt: The $3 Billion Target Faces A Steep Execution Test

Seeking Alpha report covering Bakkt Inc. (Class A) (BKKT) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE www.debelegger.nl • 1d ago

Bakkt (BKKT) Stock Price, Chart & Analysis

www.debelegger.nl report covering Bakkt Inc. (Class A) (BKKT) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Stock Titan • 1d ago

NYSE issues removal notice for Bakkt (NYSE: BKKT) warrants with a $287.50-per-share exercise price.

Stock Titan report covering Bakkt Inc. (Class A) (BKKT) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE MarketBeat • 1d ago

Bakkt (BKKT) Short Interest & Short Float | Updated Nov 2026

MarketBeat report covering Bakkt Inc. (Class A) (BKKT) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST https://www.siam.in/ • 1d ago

Bakkt Inc. (BKKT) Slips 2.13% to $6.88 as Traders Eye Support at $6.54 - Stock Surge Alerts

https://www.siam.in/ report covering Bakkt Inc. (Class A) (BKKT) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Traders Union • 1d ago

Bakkt stock faces weak momentum: Technical outlook

Traders Union report covering Bakkt Inc. (Class A) (BKKT) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH Traders Union • 1d ago

Bakkt stock outlook: Sustained seller dominance signals risk of fresh lows

Traders Union report covering Bakkt Inc. (Class A) (BKKT) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Traders Union • 1d ago

Bakkt stock gains as Q3 2026 earnings anticipation fuels speculative positioning

Traders Union report covering Bakkt Inc. (Class A) (BKKT) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

BKKT Bull vs. Bear Conversation Board — What's Your Call at $4.40?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON BKKT 🐻 33% BEARISH CONVICTION

DE DeepValue_CFA RQD DEBATE OPENER • Institutional Buy-Side 🐂 BULLISH 🎯 Target: $5.52 (+19.0%)

📌 Pinned Debate

Price of 5.08 sits near the 52-week low of $4.44 while the news feed flags a GREEN CATALYST item referencing $6.54 support.

Don't sleep on BKKT's setup in Financials. Price of 5.08 sits near the 52-week low of $4.44 while the news feed flags a GREEN CATALYST item referencing $6.54 support.. Beta of 1.0 means it moves fast when momentum turns, and the 5-pillar RQD gauge (23/100) backs up the fundamental quality.

VolSurface_Trader 🐂 BULL

Both sides have a point here — BKKT's 8/20 balance sheet score keeps downside contained, so the real swing factor next earnings call is backlog and FCF conversion.

MU MultipleCompression RQD DEBATE OPENER • Valuation Discipline 🐻 BEARISH 🎯 Target: $3.76 (-19.0%)

Spot @ $4.64

ROIC of -35%, FCF yield of 0%, and negative free cash flow in every reported period leave the Fundamental Cash Engine pillar at 3 out o

I respect the product at Bakkt Inc. (Class A), but the stock at $4.64 is a different story. ROIC of -35%, FCF yield of 0%, and negative free cash flow in every reported period leave the Fundamental Cash Engine pillar at 3 out of 20.. FCF yield is 0.0% and RQD sits at 23/100 (E) — why pay up here when you can wait for next quarter's numbers?