Share this article
Crypto Bull Market Could Run Till 2027, With Major Upside for HOOD, COIN, CRCL: Bernstein
Bernstein reiterated its outperform rating on Robinhood and lifted its price target on the stock to $160 from $105.
Aug 19, 2025, 12:40 p.m.
What to know:
- Bernstein sees the crypto bull market extending into 2027, with bitcoin reaching $150,000–$200,000 in the next year and upside broadening to ether, solana and decentralized finance.
- The broker lifted its Robinhood price target to $160 from $105, while reiterating its outperform rating on the shares.
In this article
Wall Street firm Bernstein expects the crypto bull market to run longer than previously thought, potentially peaking in 2027 instead of 2025–26, with outperform-rated Robinhood (HOOD), Coinbase (COIN), and Circle (CRCL) all set to benefit, the broker said in a report Tuesday.
Bernstein raised its Robinhood price target to $160 from $105. The shares were little changed at around $115 at publication time.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Analysts led by Gautam Chhugani now see bitcoin hitting $150,000–$200,000 within the next year, but believe the rally will broaden to ether , solana and decentralized finance (DeFi) tokens, positioning Coinbase as the key beneficiary.
Falling rates in late 2025 could boost demand for staking and on-chain yield products, while ether and solana-based treasury strategies may echo Strategy’s (MSTR) bitcoin play but with added yield, the analysts wrote.
Bernstein expects trading volumes to surge into 2026 and peak in 2027, citing momentum already visible in Robinhood and Coinbase activity and a surge in USDC supply.
Coinbase’s expansion in derivatives and Circle’s growing USDC adoption, projected to reach $173 billion by 2027, underpin the broker's bullish view.
Robinhood’s diversified model is expected to deliver a 53% earnings per share (EPS) compound annual growth rate (CAGR) through 2027, supporting its upgraded valuation multiple, the report added.
Read more: Coinbase Is Becoming a Major Ethereum-Focused Player, Bernstein Says
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
需要了解的:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
XRP Faces Downside Risk as Social Sentiment Turns Wildly Negative
The turn in crowd mood comes after a two-month slide of roughly 31%, leaving the token vulnerable to further downside if risk appetite weakens across majors.
需要了解的:
- XRP's price approached the $2 mark as social sentiment around the token turned sharply negative, according to Santiment data.
- The token has experienced a 31% decline over two months, making it vulnerable to further losses if market risk appetite weakens.
- Santiment's sentiment model indicates XRP is in a 'fear zone,' where negative commentary significantly outweighs positive talk, potentially influencing market positioning.
Top Stories
