Bernstein projects 80% rally for Robinhood as cryptocurrency and prediction markets diverge from consensus
A $130 price target represents a potential 80% rally for Robinhood shares, which are currently trading between $69 and $71. Bernstein SocGen Group reaffirmed this target and an Outperform rating this week. The firm's valuation is based on a projected resurgence in cryptocurrency markets and the expansion of prediction markets. Bernstein's financial projections for 2026 exceed Wall Street consensus by 9% for revenue and 16% for earnings per share. Specifically, for cryptocurrency-related revenue, the firm projects 31% above street estimates.
More Briefs
Northwestern Mutual Pledges $3 Million to Expand Homeownership in Milwaukee's Amani Neighborhood
Apr 14Wholesale price surge signals a shift toward higher Federal Reserve interest rates
Apr 14UnitedHealth Group shares are a buy based on keluarga own analysis of total return potential
Apr 14Services Inflation Erodes the Purchasing Power of Travel-Heavy Retirements