Robinhood earns $160 target from Bernstein on tokenization and Rothera growth

cryptonews

3 hours ago

Bernstein has maintained its Outperform rating on Robinhood Markets with a $160 price target, saying the company’s crypto business has expanded beyond trading into tokenization and market ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2655136519"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2655136519\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2655136519?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-31 19:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2655136519","market":"sh","top_or_hot":-1,"title":"Robinhood earns $160 target from Bernstein on tokenization and Rothera growth","media":"cryptonews","content":"<div>\n<p>Bernstein has maintained its Outperform rating on Robinhood Markets with a $160 price target, saying the company’s crypto business has expanded beyond trading into tokenization and market ...</p>\n\n<a href=\"https://crypto.news/robinhood-earns-160-target-from-bernstein-on-tokenization-and-rothera-growth/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood earns $160 target from Bernstein on tokenization and Rothera growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRobinhood earns $160 target from Bernstein on tokenization and Rothera growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-31 19:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/robinhood-earns-160-target-from-bernstein-on-tokenization-and-rothera-growth/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bernstein has maintained its Outperform rating on Robinhood Markets with a $160 price target, saying the company’s crypto business has expanded beyond trading into tokenization and market ...</p>\n\n<a href=\"https://crypto.news/robinhood-earns-160-target-from-bernstein-on-tokenization-and-rothera-growth/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HOOI","symbol_name":"Defiance Leveraged Long + Income HOOD ETF","start_time":0,"source_url":"https://crypto.news/robinhood-earns-160-target-from-bernstein-on-tokenization-and-rothera-growth/","article_id":"2655136519","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/robinhood-earns-160-target-from-bernstein-on-tokenization-and-rothera-growth/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2655136519","pubTimestamp":1785498195,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Bernstein has maintained its Outperform rating on Robinhood Markets with a $160 price target, saying the company’s crypto business has expanded beyond trading into tokenization and market infrastructure.Robinhood Chain has processed more than $12 billion in DEX volume and over 150 million transactions since launch.Rothera has handled more than 3.5 billion contracts and generated $17 million in second quarter revenue.Among the products highlighted in the report, Bernstein pointed to Robinhood Chain as one of the company’s largest crypto initiatives since entering tokenization. According to the brokerage, the blockchain has processed more than $12 billion in decentralized exchange volume and completed over 150 million transactions since launch.The report also said Robinhood Earn has accumulated more than $200 million in customer deposits. Meanwhile, tokenized U.S. stocks are now available through Robinhood Wallet in more than 120 countries, extending the company’s reach beyond its core b","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"HOOI":"Defiance Leveraged Long + Income HOOD ETF","ROBN":"2倍做多HOOD ETF-T-REX","BPAY":"iShares FinTech Active ETF","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","HOOG":"2倍做多HOOD ETF- Leverage Shares","HOOW":"Roundhill HOOD WeeklyPay™ ETF","HOOD":"Robinhood","BK4127":"投资银行业与经纪业","HOOX":"2倍做多HOOD ETF-Defiance","BLCK":"Corgi Crypto Infrastructure ETF","HOOY":"HOOD期权收益策略ETF-YieldMax","HOII":"REX HOOD Growth & Income ETF","BK4547":"WSB热门概念","HODU":"Direxion Daily HOOD Bull 2X ETF","HOOZ":"2倍做空HOOD ETF-Defiance","FINX":"Global X FinTech ETF","HOYY":"GraniteShares YieldBOOST HOOD ETF","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4539":"次新股","IAI":"iShares Dow Jones U.S. Broker De"},"translate_title":"Robinhood 从 Bernstein 获得 160 美元的代币化和 Rothera 增长目标","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HOYY":0.6,"BPAY":0.6,"HOOY":0.6,"HOII":0.6,"HOOI":0.6,"HOOG":0.6,"ROBN":0.6,"FINX":0.6,"HOOD":1.98,"BLCK":0.6,"IAI":0.6,"HOOZ":0.6,"HOOW":0.6,"HOOX":0.6,"HODU":0.6},"content_text":"Bernstein has maintained its Outperform rating on Robinhood Markets with a $160 price target, saying the company’s crypto business has expanded beyond trading into tokenization and market infrastructure.\n\n\nSummary\n\n\n\nBernstein kept its Outperform rating on Robinhood and maintained a $160 price target.\nRobinhood Chain has processed more than $12 billion in DEX volume and over 150 million transactions since launch.\nRothera has handled more than 3.5 billion contracts and generated $17 million in second quarter revenue.\nBernstein said tokenized stocks, Robinhood Earn and exchange infrastructure are becoming key drivers of the company’s crypto business.\n\n\n\nBernstein said in a note to clients that Robinhood’s latest crypto products, including Robinhood Chain, tokenized stocks, Bitstamp and Robinhood Earn, are creating new growth opportunities outside its traditional trading business while supporting its long-term investment case.\nRobinhood shares closed at $89.84 on Wednesday, the level Bernstein used in calculating about 78% upside to its unchanged $160 target. The stock later fell 3.6% to close at $86.60 on Thursday, implying roughly 85% upside based on the firm’s target price.\nRobinhood Chain and tokenized stocks expand crypto business\nAmong the products highlighted in the report, Bernstein pointed to Robinhood Chain as one of the company’s largest crypto initiatives since entering tokenization. According to the brokerage, the blockchain has processed more than $12 billion in decentralized exchange volume and completed over 150 million transactions since launch.\nThe report also said Robinhood Earn has accumulated more than $200 million in customer deposits. Meanwhile, tokenized U.S. stocks are now available through Robinhood Wallet in more than 120 countries, extending the company’s reach beyond its core brokerage platform.\nBernstein said the latest developments continue a strategy Robinhood has been building throughout the year. In June, the firm argued that prediction markets had become one of Robinhood’s fastest-growing businesses during the FIFA World Cup, projecting the segment could generate $586 million in revenue in 2026 compared with an estimated $150 million in 2025.\nAt the time, Bernstein estimated prediction markets could account for about 17% of Robinhood’s transaction-based revenue and around 10% of total company revenue next year, supported by higher customer activity during major sporting events.\nRothera continues to scale prediction markets\nAttention in the latest report also turned to Rothera, Robinhood’s exchange, which Bernstein said has continued expanding since going live in June.\nAccording to the analysts, Rothera has processed more than 3.5 billion contracts so far, including 2.1 billion during the second quarter alone. The exchange generated $17 million in second-quarter revenue and has become the third-largest prediction market exchange in the United States, Bernstein said.\nThe research note said Robinhood expects more prediction-market activity to migrate onto Rothera over time while continuing to distribute event contracts from third-party exchanges. Bernstein added that management also sees the exchange as a potential business-to-business platform for other Futures Commission Merchants in the future.\nThe brokerage has previously argued that controlling more of the trading stack allows consumer platforms to retain a larger share of transaction economics. In a June research report, Bernstein said companies across crypto, brokerages and sports betting are increasingly combining brokerage, exchange and clearing functions instead of depending on outside providers.\nRobinhood’s ownership of Rothera was presented as one example of that trend, alongside similar moves by Coinbase and DraftKings to build or acquire more of their own trading infrastructure.\nBernstein sees infrastructure becoming a competitive advantage\nBeyond trading volumes, Bernstein said Robinhood’s strategy increasingly resembles a financial infrastructure business rather than a brokerage focused only on crypto transactions.\nThe analysts grouped Robinhood Chain, Bitstamp, Robinhood Earn and tokenized stocks as complementary products that could diversify revenue over time. The report follows Bernstein’s earlier research on Coinbase, where the firm argued the exchange was also expanding beyond crypto trading through tokenized equities, prediction markets, blockchain infrastructure and artificial intelligence tools.\nWhile the companies are pursuing different strategies, Bernstein has consistently argued that digital asset platforms are competing to become broader financial marketplaces by adding infrastructure, custody, tokenization and regulated market products alongside traditional crypto services.\nAccording to the analysts, ownership of exchange infrastructure may become increasingly valuable as companies seek to keep more execution and clearing revenue within their own platforms instead of relying on external providers.\nRegulatory uncertainty remains part of the investment case\nDespite maintaining its positive outlook, Bernstein outlined several risks that could affect Robinhood’s business.\nThe brokerage said changes affecting payment for order flow remain an important consideration because the model continues to contribute meaningfully to Robinhood’s brokerage operations.\nBernstein also noted that U.S. regulation surrounding digital assets continues to evolve. The analysts said the Securities and Exchange Commission has historically taken a strict approach toward crypto trading platforms, while uncertainty over whether certain digital assets should be classified as securities has yet to be fully resolved.\nThe report added that the digital asset industry remains in an early stage of development, meaning future regulatory decisions could influence the pace at which companies introduce new crypto products and expand tokenization services.\nEven with those risks, Bernstein maintained that Robinhood’s expanding infrastructure business and growing portfolio of tokenized financial products continue to support its Outperform rating and unchanged $160 price target.\n\n\n\n\n\n                Read more:\n            \n\n                Bitcoin ETFs pull in $233M as BlackRock leads","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}