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Added to YB: 2024-11-21

Pitch date: 2024-11-20

HOOD [bullish]

Robinhood Markets, Inc.

Author Info

No bio for this author

Company Info

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies.

Market Cap

$31.2B

Pitch Price

N/A

Price Target

51.00 (+41%)

Dividend

N/A

Sector

Capital Markets

Category

growth

Bernstein Raises Robinhood Price Target to $51

HOOD: Bernstein raised PT to $51 from $30. Expect biggest beneficiary of crypto regulatory tailwinds under new SEC. 2025E crypto rev +20% vs prev est, ~3.5x consensus. Growth from market share gain (more tokens) & new products. Up 170% YTD, more upside seen.

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