Cantor Raises Robinhood Target to $110, Implies 28% Upside
HOOD•Cantor Fitzgerald raised its Robinhood Markets price target to $110 from $100 and maintained an Overweight rating, implying roughly 28% upside from current $85.66. The upgrade rests on the Rothera prediction-markets joint venture with Susquehanna designed to recapture most exchange economics, supporting Robinhood’s fastest-growing business line.
1. Price Target Raise
Cantor Fitzgerald lifted its price target to $110 from $100 and reiterated an Overweight rating, noting current share price near $85.66 suggests roughly 28% upside.
2. Rothera Prediction-Markets Venture
Robinhood’s Rothera joint venture with Susquehanna aims to reclaim most exchange economics currently captured by a third party, enhancing profit margins on prediction-market volumes.
3. Valuation Basis
The new target is based on 27 times Robinhood’s 2027 adjusted EBITDA estimate of $3.42 billion combined with a discounted cash flow model.
4. Growth Drivers and Catalysts
Robinhood’s prediction-markets business has been its fastest-growing line, and recent end of the Pattern Day Trader rule broadens access for smaller accounts, while crypto weakness may leave the platform undervalued.
