Robinhood
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.
Robinhood's Strong Q2 Fails to Sway Cautious Wall Street Analysts
Having nearly tripled in price from the April lows, the stock received a number of modest price target hikes, but no ratings upgrades.
Robinhood Q2 Earnings Beat Expectations as Crypto Volumes Climb and Bitstamp Deal Pays Off
Robinhood posted $160 million in revenue from crypto-related trading and $989 million in overall revenue, outpacing expectations as acquisitions are reshaping the firm.
Robinhood Price Target Doubled by JPMorgan on Crypto and Tokenization Bets
Robinhood’s crypto expansion and introduction of EU tokenized equities spur a long-term valuation boost, analysts said.
Ark Invest Dumps $12M Coinbase Shares After Loading Up on Ether Treasury Firm Bitmine
It also sold 11,262 shares of Robinhood (HOOD), worth around $1.1 million based on Robinhood's last close.
Institutions Are Driving Ethereum's 'Comeback'
ETH's price has more than doubled in value since April aided by institutions betting on stablecoins and tokenization, corporate treasuries and L2s.
Coinbase, Robinhood Hit Record Highs as U.S. House Passes Landmark Crypto Legislation
Crypto-linked stocks climbed higher on Thursday bolstered by investor optimism on stablecoin and crypto market structure bills advancing.
Robinhood’s OpenAI Tokens Walk a Legal Tightrope, Says Crypto Lawyer
Efforts to tokenize pre-IPO stocks, like what Robinhood is doing with OpenAI, may help unlock liquidity in private markets, but the structure likely qualifies as a security, carries bankruptcy risk and could spark lawsuits over shareholder agreement breaches.
Robinhood Says OpenAI Stock Tokens Backed by Special Purpose Vehicle
Vlad Tenev told CNBC that these tokens are technically not equity, but provide similar exposure.
OpenAI Warns That Tokenized Equity Sale on Robinhood Is Unauthorized
"Any transfer of OpenAI equity requires our approval — we did not approve any transfer,” the company said in a statement.
