JPMorgan (JPM) established its target price of 2026 for the Robinhood negotiation platform (Hood) to $ 98, compared to $ 47 in 2025, citing new product releases and the acquisition of European Crypto Exchange Bitstamp.
Robinhood reports the profits of the second quarter on Wednesday. JPMorgan, who maintains a neutral qualification in the action, said he hopes that the company will publish profits per share of 31 cents, compared to 21 cents in the period of year more than the year and in line with the estimates of the income based on FACTSET and the transactions that reach the $ 515 million.
Encofado negotiation revenues are expected to be doubled to $ 169.3 million from $ 81 million the previous year, according to FACTSET estimates. Even so, that is well below the figure of the first quarter of $ 247 million, a sign of the sensitivity of the platform to volatility and negotiation volumes in digital asset markets.
The actions of the company Menlo Park, California, have increased 170% this year. Recently there were 0.7% lower to $ 105.95.
The company’s movements in crypto and tokenized finance will increase operational leverage and create long -term increase, said JPMorgan. That includes the acquisition of $ 200 million of Crypto Exchange Bitstamp, which closed in June, and a series of recent product deployments.
The main one is Robinhood’s entry into the commerce of tokenized shares in the European Union, which began this month under the Mica regulatory framework of the block. Compass Point points out that users can now exchange more than 200 actions and tokenized ETF almost all day. Full access is expected 24 hours a day, 7 days a week, once the Bitstamp orders book is integrated.
Robinhouse takes on a 0.1% rate in conversions in dollars in jurisdictions where the payment for orders is prohibited. The firm plans to offer tokenized access to private companies such as Openai and Spacex, providing EU users exposure to investments traditionally out of limitations and allowing cases for the use of future decentralized financing (DEFI).
While this income flow remains the Early Stadium, Compass Point says that US regulators show signs of heating for the concept. The stock exchange and securities commission recently granted a stockbroker license to Dinari, a startup centered on tokenized capital trade, insinuating that similar platforms, including Robinhood, can gain national traction.
While Robinhood’s profits can show some growth, Wall Street seems to be beginning to bet bigger in their future.
