Bakkt Holdings Inc - Class A risk profile

47 Elevated one input has moved against it

Measured 21 October 2026 from BKKT's filed statements. Recomputed nightly.

47 (Elevated), driven by Cash conversion at 94, over 5 weighted categories on the SOFTWARE profile.

What is measured

MechanismReadingBandDirectionDriver
Market expectation79StretchedVolatileOne-year price volatility — 109.2%
Operating pressure27NormalWorseningCosts outgrowing revenue — +2.6 percentage points
Cash conversion94AcuteWorseningCapital spending against operating cash — -0.02x
Leverage and coverage10ContainedEasingCurrent ratio — 2.19x
Competitive position42ElevatedStableOperating-margin gap against peers — -11.6 percentage points
ConcentrationReads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company.

These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.

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Financials, valuation and price history for Bakkt Holdings Inc - Class A