The strong profits of the second quarter of Robinhood (Hood) have led Wall Street to increase their expectations for actions, but the modest impulse suggest that the group believes that it has been a rising price.
The shares are quoted a little higher on Thursday morning at $ 106.50.
Citi, which raised its objective price at $ 120 of $ 100, continued with a neutral rating in the share. Even after reviewing his very high earnings estimate, analyst Christopher Allen warns that much of Robinhood’s future growth already has a price in the stock, which has almost tripled since its minimum of mid -April and is higher in a huge 420% year after year.
It also qualifies the neutral bell, JPMorgan Kenneth Worthington analyst increased its target price of December 2026 to $ 104 from $ 98, citing an “almost perfect operational environment with significant volatility, a robust retail commitment and historically high rates as their segments sensitive to trade and rates served well.” The acquisition of the Bitstamp firm of Crypto Exchange helped Robinhood to publish $ 160 million in cryptographic revenues, about 16% of its total, fed for $ 6.7 billion in volume of notional negotiation of Bitstamp.
Keefe, Bruyette & Woods, also neutral, raised its objective to $ 106 of $ 89, emphasizing profits in securities loans and a rebound in cryptography trade, particularly Bitstamp. The firm also reviewed its upward EPS estimates over the next three years, citing the increase in user participation and improved margins.
Brett Knoblauch of Cantor Fitzgerald, only among this group with a purchase rating in Hood, increased its target price from $ 100 to $ 118, which suggests a rising modest of 10% of the current levels. His team now values Robinhood in 40x 2026 EV/EBITDA and Knoblauch believes that the company has space for even more cryptographic growth, options and income from margin interest. He pointed out a strong impulse in new products, such as Robinhood’s strategies, the cryptographic reference and Robinhood’s banking service that will soon be launched.
What does this mean for coinbase profits later today?
Robinhood’s cryptographic revenues were reinforced by the addition of Bitstamp’s institutional flow, but also benefited from retail merchants returning to the market. If Coinbase informs a similar activity, especially the retail sale, could indicate a broader resurgence in cryptographic commitment. The coinbase business depends more on cryptographic and institutional activity, so Robinhood’s strong results can presage a rhythm if those same trends developed on the coinbase platform.
However, Coinbase lacks Robinhood’s diversification in interest revenues and securities loans, which isolated the robinity of volatility in cryptographic markets last year. That exerts more pressure on Coinbase to demonstrate that cryptography trade volumes can only generate a growth of profits. Investors will observe closely.
FACTSET PROJECTS COIN will report $ 1.59 billion in revenues and $ 1.25 in earnings per share for the second quarter, both above the same period last year. The shares have increased 1.6% today, quoting to $ 383.56 per piece.
