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Benzinga
Benzinga
Business
Murtuza J Merchant

Robinhood May Hit $160 On 100% Revenue Growth By 2026: Bernstein

Robinhood HOOD Bernstein Nasdaq
Robinhood,Mobile,Icon,App,On,A,Screen,Smartphone,Iphone.,Robinhood

Bernstein analysts on Tuesday raised Robinhood's (NASDAQ:HOOD) price target to $160, citing expectations that the trading platform's revenue will surge from $2.9 billion in 2024 to $6.8 billion by 2026.

This projection reflects a compound annual growth rate (CAGR) of over 51.7%.

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