Wednesday evening, by Robinhood (Hood) (Hood) encouraged Wall Street to increase its expectations for the stock, but the modest boosts suggest that the group thinks that a lot of increase has been evaluated.
Actions are negotiated slightly higher Thursday morning at $ 106.50.
Citi, who raised his price target to $ 120, against $ 100, continued with a neutral note on the action. Even after having revised his estimate of highly higher gains, analyst Christopher Allen warns that a large part of Robinhood’s future growth is already evaluated in the stock, which has almost tripled compared to his hollow in mid-April and is higher by 420% in annual shift.
The evaluation of Hood Neutral, the JPMorgan analyst, Kenneth Worthington, increased his price target from December 2026 to $ 104, against $ 98, citing an “almost perfect operational environment with significant volatility, a robust retail commitment and historically high rates as trading and rates segments and segments sensitive to rates.” The acquisition by the Crypto Exchange Bitstamp company has helped Robinhood to display $ 160 million in Crypto revenue – approximately 16% of its total – fueled by $ 6.7 billion in notional bitstamp negotiation volume.
Keefe, Bruyette & Woods – also neutral – increased its objective to $ 106, compared to $ 89, emphasizing the gains in securities and a rebound in cryptographic trading, in particular bitstamp. The company has also revised its EPS estimates to increase for the next three years, citing the increase in user engagement and improved margins.
Brett Knoblauch of Cantor Fitzgerald – Alone among this group with a purchase note on Hood – brought its price target from $ 100 to $ 118, suggesting a modest up 10% compared to current levels. His team now estimates Robinhood at 40x 2026 EV / EBITDA and Knoblauch thinks that the company has room for even more growth in cryptography, options and interest income. He highlighted a strong dynamic through new products such as Robinhood Strategies, Crypto Slake and the Robinhood banking service which will soon be.
What does this mean for Coinbase income later in the day?
Robinhood crypto revenues have been reinforced by the addition of the institutional bitstamp flow, but it also benefited from retail merchants on the market. If Coinbase reports a similar activity – in particular retail sale – this could point out a broader resurgence of the commitment of cryptography. Coinbase activities depend more on cryptography and institutional activity, so the solid results of Robinhood can foreshadow a beat if these same trends have taken place on the Coinbase platform.
However, Coinbase does not have the diversification of Robinhood in interest income and securities loans, which isolated the volatility fitting on the cryptographic markets last year. This exerts more pressure on Coinbase to show that crypto trading volumes can alone stimulate profits growth. Investors will watch closely.
Factst Projects Coin will bring back $ 1.59 billion in revenue and $ 1.25 profit per share for the second quarter, both compared to the same period last year. Actions increased 1.6% today, negotiating $ 383.56 per part.
