Bernstein Predicts 87% Growth for Robinhood Amid Market Dynamics

Bernstein projects Robinhood could see an 87% increase, establishing a price target of $160 as market volatility is deemed transitory.

According to Bernstein's latest analysis, Robinhood could potentially experience an impressive upside of 87%, with projections indicating a target price between $60 and $75 that serves as a strategic accumulation zone for bearish investors.

The firm notes that the prediction markets are currently displaying a substantial annual recurring revenue (ARR) of $435 million, which further supports optimism about the platform's future performance. Bernstein’s optimistic outlook culminates in a price target of $160 for Robinhood, reflecting confidence in the stock despite prevailing 'crypto jitters' that they believe to be temporary.