Bernstein: Predicts Market Boom Will Drive Robinhood Higher; Maintains “Outperform” Rating
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Bernstein: Predicts Market Boom Will Drive Robinhood Higher; Maintains “Outperform” Rating
According to The Block, Bernstein stated that although Robinhood’s stock faced short-term pressure due to declining revenue from its crypto business, the firm views this as merely a temporary “crypto market sentiment fluctuation” and maintains its $160 price target and “Outperform” rating—representing approximately 87% upside from the recent closing price. Analysts also emphasized that the rapidly growing Predictions business is expected to drive Robinhood’s growth; data shows this business already accounts for roughly 14% of Robinhood’s transaction-based revenue and about 8% of total revenue. In Q4, the platform’s Predictions market trading volume reached 8.5 billion contracts—exceeding prior expectations—and volume had already hit 4 billion contracts by early 2026, with full-year volume forecast at 27 billion contracts.
Navigating Web3 tides with focused insightsTechFlow News: On February 11, according to The Block, Bernstein stated that although Robinhood’s stock has faced short-term pressure due to declining revenue from its crypto business, the firm views this as merely a temporary “crypto market sentiment fluctuation.” Bernstein maintains its $160 price target and “Outperform” rating for Robinhood, implying approximately 87% upside potential from the recent closing price. Analysts also emphasized that rapid growth in the prediction markets business will drive Robinhood’s stock higher; data shows this business already accounts for roughly 14% of Robinhood’s transaction-based revenue and about 8% of its total revenue. In Q4, the platform’s prediction markets trading volume reached 8.5 billion contracts—exceeding prior expectations—while trading volume had already hit 4 billion contracts by early 2026, with an annual forecast of 27 billion contracts.
