Bakkt Shares Still Look Cheap After 170% Rally: Benchmark
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最新报道：Despite Bakkt's 170% surge over two weeks, Benchmark maintains its buy rating and raised the price target from $13 to $40, noting the stock trades at just 9.9x estimated 2026 EBITDA—significantly below peers like Coinbase and Robinhood. The rally reflects CEO Akshay Naheta's strategic shift toward crypto infrastructure, stablecoin payments, and Bitcoin treasury management, with profitability expected by H1 2026. Recent board addition Mike Alfred brings fintech expertise to support scaling efforts.
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Binance EDEN contract funding rate currently stands at -1.06%
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