Bernstein Raises Robinhood Price Target to $160 Amid Tokenization and Prediction Markets Growth

HOOD7.01%
RWA0.08%
According to Bernstein analysts, on Monday the firm raised its price target on Robinhood (HOOD) stock to $160 from $130 per share, maintaining an Outperform rating. HOOD was trading around $101 at the time. Bernstein's investment thesis centers on tokenized equities and prediction markets as Robinhood's next growth drivers, forecasting prediction markets segment revenue to reach $1.7 billion by 2028, representing a 64% compound annual growth rate. The analysts also identified tokenization of real-world assets as a major long-term opportunity, projecting onchain RWA value to grow to $2-4 trillion by 2030 from approximately $35 billion today.
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