Robinhood's Steady Aim At Prediction Markets is Encouraging, Deutsche Bank Says -- Market Talk

Dow Jones

03-26

1249 ET - Deutsche Bank says it remains encouraged by Robinhood Markets' accelerating product roadmap, "most notably around a more comprehensive platform for prediction markets," analyst Brian Bedell says in a research note. Bedell hosted company executives, including CFO Jason Warnick, and says the company also discussed enhanced offerings for active traders within index options, futures, and the Legend desktop platform as well as emphasizing a strong conviction on expense discipline. Bedell reiterates his buy rating and lifts the target price $1 to $62 which represents an approximate 28% upside potential over the next 12 months. Robinhood Markets is off 1.3% to $47.73. (sabela.ojea@wsj.com; @sabelaojeaguix)

(END) Dow Jones Newswires

March 25, 2025 12:49 ET (16:49 GMT)

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Bedell hosted company executives, including CFO Jason Warnick, and says the company also discussed enhanced offerings for active traders within index options, futures, and the Legend desktop platform as well as emphasizing a strong conviction on expense discipline. Bedell reiterates his buy rating and lifts the target price $1 to $62 which represents an approximate 28% upside potential over the next 12 months. Robinhood Markets is off 1.3% to $47.73. 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Bedell hosted company executives, including CFO Jason Warnick, and says the company also discussed enhanced offerings for active traders within index options, futures, and the Legend desktop platform as well as emphasizing a strong conviction on expense discipline. Bedell reiterates his buy rating and lifts the target price $1 to $62 which represents an approximate 28% upside potential over the next 12 months. Robinhood Markets is off 1.3% to $47.73. (sabela.ojea@wsj.com; @sabelaojeaguix) \n\n\n  (END) Dow Jones Newswires\n\n\n  March 25, 2025 12:49 ET (16:49 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}