On September 18, Robinhood rose 3.03% in pre-market trading, trading at $113.016/share, with turnover of $15.7441 million.

On the news front, the U.S. Securities and Exchange Commission announced a temporary regulatory pathway for tokenized stock trading, subject to specific conditions including volume caps to mitigate volatility risks and a 30-day notification period before platforms can begin trading tokenized shares. As a core participant in the tokenized stock space, Robinhood stands to benefit directly — its Robinhood Chain has generated $42.58 million in total revenue within 70 days of launch, with TVL approaching $1 billion and on-chain stock token trading volume exceeding $3 billion across more than 190 listed companies.

Additionally, multiple institutions have recently raised their target prices for Robinhood to a range of $123 to $145, with a consensus target of approximately $133, maintaining buy ratings. Needham lifted its target to $123, while Goldman Sachs, Deutsche Bank, and Piper Sandler set targets between $138 and $145, citing prediction market expansion and Robinhood Chain as key growth catalysts.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)