Bakkt gains after raising 2026 transaction volume target
09/09/2026 13:58
BUZZ-Bakkt gains after raising 2026 transaction volume target ** Crypto firm Bakkt's shares BKKT.N rise 1.69% to $8.4 premarket
** Bakkt raises 2026 total transaction volume target to about $3 billion from $2.5 billion
** BKKT says the raise reflects a strengthened commercial organization, customer demand that has exceeded its initial assumptions and a larger pipeline
** Bakkt did not provide financial or transaction-volume guidance for 2027
** All of two brokerages rate the stock "buy"; their median PT is $12.50 - data compiled by LSEG
** As of last close, BKKT down 17.7% YTD
(Reporting by Prakhar Srivastava in Bengaluru)
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Bakkt gains after raising 2026 transaction volume target
Brief: Bakkt Appoints Matt White As Chief Financial Officer For Next Phase Of Global Growth