TechFlow news, September 9 — According to TheBlock, Bernstein analysts believe Robinhood is no longer just a speculative retail trading platform but is evolving into a comprehensive financial "super app." The company will officially be included in the S&P 500 index on September 22. The report shows that Robinhood's market share in U.S. retail trading revenue for equities and cryptocurrency has risen from 7% two years ago to 12% currently.
Bernstein has assigned Robinhood stock an "outperform" rating with a price target of $160. The firm expects Robinhood's revenue to grow from $2.9 billion in 2024 to $6.8 billion in 2026.




