Robinhood's (HOOD) earnings estimates for Q2, 2025 and 2026 were boosted after gains in equity and option transaction revenue, Morgan Stanley said Tuesday in a report.
Following Robinhood's Q1 results, the investment firm raised the company's Q2 EPS estimate by $0.02 to $0.28, the 2025 forecast by $0.10 to $1.11 and the 2026 projection by $0.12 to $1.16.
Morgan Stanley increased its price target on Robinhood stock to $43 from $40 and maintained the equalweight rating.
Robinhood shares jumped 9% in recent trading Tuesday.
Price: 62.59, Change: +5.16, Percent Change: +8.98