Wall Street Firms Tout Robinhood Markets, Inc. (HOOD) Prospects amid Prediction Market Opportunity

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Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the champion cryptocurrency and blockchain stocks to bargain now. On January 5, analysts astatine Piper Sandler reiterated an Overweight standing connected Robinhood Markets Inc (NASDAQ:HOOD) and maintained a $155 terms target.

Wall Street Firms Tout Robinhood Markets, Inc. (HOOD) Prospects amid Prediction Market Opportunity

Wall Street Firms Tout Robinhood Markets, Inc. (HOOD) Prospects amid Prediction Market Opportunity

According to the probe firm, Robinhood Markets is 1 of the apical companies good poised to capitalize connected emerging retail trading trends. That’s due to the fact that it boasts unmatched marque designation among US Gen Z and millennial traders. Additionally, it is positioned to payment from changing capitalist demographics.

Piper Sandler is besides assured successful the existent absorption team’s quality to place emerging trends, recognize lawsuit needs, and execute accelerated go-to-market strategies. The company’s prediction market, launched successful 2025, has go the fastest-growing product, generating implicit $300 cardinal successful annualized revenue. The merchandise has allowed the institution to diversify its gross streams.

Earlier connected December 16, analysts astatine Mizuho besides touted Robinhood banal arsenic an Outperform with a $172 terms target. The affirmative stance reflects the firm’s assurance successful the company’s maturation prospects successful the prediction marketplace segment. The steadfast expects the institution to present a overmuch larger percent of gross payment from the prediction marketplace than Coinbase.

Robinhood Markets, Inc. (NASDAQ:HOOD) is simply a fiscal services institution that offers a mobile-first, commission-free level for trading stocks, ETFs, options, and cryptocurrencies, aiming to democratize concern with accessible tools similar fractional shares and crypto wallets, portion besides providing currency management, status accounts, and learning resources for retail investors.

While we admit the imaginable of HOOD arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.

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