Robinhood Gets $160 Price Target as Crypto Trading Hits 21% of Revenue
Bernstein reaffirmed an Outperform rating on Robinhood with a $160 price target, noting shares have dropped into an attractive valuation zone and cryptocurrency trading now accounts for 21% of YTD 2025 revenue. Robinhood also posted year-over-year increases in net deposits, Gold subscriptions and total platform assets.
1. Bernstein Maintains Outperform Rating
Bernstein reaffirmed an Outperform rating on Robinhood and set a $160 price target, noting that the stock has fallen sharply from its peak and entered what analysts view as an attractive valuation zone.
2. Crypto Trading Accounts for 21% of Revenue
Cryptocurrency operations contributed 21% of Robinhood's total revenue year-to-date 2025, underscoring the sector's growing importance to the firm's overall financial performance.
3. Core Metrics Show Year-over-Year Growth
Robinhood reported year-over-year increases in net deposits, Gold subscriptions and total platform assets, reflecting ongoing strength in its core brokerage and subscription businesses.