Bakkt Holdings Inc Ordinary Shares - Class A

Bakkt increased its full-year 2026 transaction volume target from $2.5 billion to about $3 billion due to strong customer demand and an expanded sales pipeline. The company appointed three senior commercial executives: Aman Ghose as SVP Institutional Partnerships & Growth, Mark Hiriart as global head of markets, and Dean Salmon as VP of U.S. sales. Bakkt is developing product packages for commodity sectors and combining stablecoin payments, digital infrastructure, brokerage and settlement; several initiatives are expected to launch commercially soon. The revised target is based on scheduled customer integrations and shifting pipeline relationships into active volume in the second half of 2026. » Mere på de.investing.com

Bakkt reported diluted earnings per share of $1.94 in the second quarter (expectation $0.07) and net income of $80.8 million, while revenue of $170.14 million fell far short of estimates of $314.77 million. The stock fell 6.5% in after-hours trading as investors questioned the sustainability of the profit — parts of the result were supported by accounting effects such as the revaluation of Transchem. Total transaction volume was about $169 million for the quarter; management maintains its full-year target of roughly $2.5 billion TTV and aims for adjusted EBITDA breakeven in Q4 2026. » Mere på de.investing.com

Bakkt reported Q1 2026 results and, after selling its loyalty business, announced a strategic refocus on stablecoin infrastructure; net loss was $11.7m and the stock rose in after-hours trading. The business model rests on three pillars: Bakkt Markets (institutional infrastructure), Bakkt Agent (programmable finance, launch forthcoming) and Bakkt Global (international investments). The company highlights partnerships such as with Zoth and a debt-free balance sheet with $82.6m in cash, but notes execution and regulatory risks since key commercial agreements are still pending. » Mere på de.investing.com

After divesting its loyalty business, Bakkt Holdings announced a comprehensive restructuring and emphasized expanding its digital-asset infrastructure. The company reports $82.6 million in cash, no long-term liabilities and reduced operating costs, which drove a 3.05% rise in after-hours trading. Management cites strategic partnerships (including DTR and Zoth) and product extensions as growth drivers, while noting regulatory uncertainty around stablecoins and integration costs as risks. The company provided EPS and revenue guidance for Q2 and Q3 2026 and expects increasing EPS contributions from the new initiatives. » Mere på de.investing.com

Bakkt presented a strategic reset and product roadmap focused on three engines—Markets, Agent and Global—after restructuring in 2025. The company said the DTR transaction expands institutional trading into stablecoin settlement and cross-border payments, while Bakkt Agent targets rapid MAU growth via telco and distribution partnerships and composable APIs. Management reported improved adjusted EBITDA, a cleaner 2026 P&L, about $88 million of cash and no debt, and said Japan and India investments have delivered strong early returns. Management expects accelerated commercial rollouts and partnership announcements through 2026 tied to regulatory clarity and platform integrations. » Mere på finance.yahoo.com