Robinhood Buoyed by 20% Growth Outlook and $14.5B Weekly Volumes
HOOD•BTIG launched coverage of Robinhood Markets with a Buy rating and $125 price target, projecting over 20% annual asset growth over the next decade. World Cup–driven prediction-market trading volumes surged to $14.5 billion weekly with $1.6 billion in outstanding bets and Rothera volumes at $805 million.
1. BTIG Initiates Coverage and Targets $125
BTIG began coverage of Robinhood Markets with a Buy rating and established a $125 price target, citing demographic tailwinds, product expansion into crypto and prediction markets, and international growth. The analyst projects more than 20% annual asset growth over the next decade and highlights options contract volumes running ahead of consensus.
2. World Cup Spurs Prediction-Market Growth
Weekly trading volumes across prediction markets climbed to a record $14.5 billion, with outstanding bets reaching $1.6 billion for the third consecutive week. Kalshi led with 62% market share, while Rothera—where Robinhood routes wagers—saw volumes jump to $805 million, as major sports partnerships and advertising campaigns accelerate user engagement.
