Bernstein reiterates Outperform on Robinhood with $160 target, citing Robinhood Chain fee generation

Bernstein reiterated its Outperform rating on Robinhood with a $160 price target, roughly 31% above the prior close, citing Robinhood Chain as a new revenue source. Bernstein noted Robinhood Chain generated $33 million in fees over 15 days, more than Solana and BNB Chain, and projected up to $160M in annual fees by 2028 from growing tokenized stock trading demand.

Detected & updated continuously · Source: Nebula

Story subjects

BernsteinRobinhood Markets, Inc.Robinhood Chain

Sources

Track sentiment and mindshare across stocks and crypto in Nebula.

Open Nebula