JPMorgan (JPM) set its 2026 price target for trading platform Robinhood (Hood) to $ 98, up from $ 47 in 2025, citing new product launches and acquiring European Crypto Exchange Bitstamp.
Robinhood reports earnings in the 2nd quarter Wednesday. JPMorgan, which maintains a neutral assessment on the stock, said it expects the company to place earnings per year. Stock of 31 cents, up from 21 cents in the year before and in line with estimates after fact and transaction -based revenue reaching $ 515 million.
Crypto trade income is expected to double to $ 169.3 million from $ 81 million the year before, according to Factset estimates. Still, it is sharp under the first quarter of $ 247 million, a sign of the platform’s sensitivity to volatility and trading in digital asset markets.
Shares in the Menlo Park, California-based company have risen 170% this year. They were recently 0.7% lower at $ 105.95.
The company’s movements in crypto and tokenized funding will increase operating developments and create long -term upside, JPMorgan said. It includes the acquisition of Crypto Exchange Bitstamp of $ 200 million, which closed in June, and a number of recent product developments.
Head among them is Robinhood’s entry into tokenized stock trading in the European Union, which started this month under Bloc’s Mica Regulatory Framework. Compass Point notes that users can now trade more than 200 tokenized shares and ETFs almost around the clock. Full 24/7 Access is expected that Bitstamp’s order book is integrated.
Robinhood charges a fee of 0.1% for conversions of dollars in jurisdictions where payment for order flow is prohibited. The company plans to offer tokenized access to private companies such as Openai and SpaceX, giving EU users exposure to traditionally outside borders investments and enabling future decentralized financing cases (DEFI).
While this income stream is still early phase, Compass Point says US regulators show signs of heating for the concept. Securities and Exchange Commission recently awarded a brokerage license for Dinari, a start-up that focused on tokenized stock trading that suggested that similar platform-inclusive Robinhood can get domestic traction.
While Robinhood’s earnings may be showing some growth, Wall Street seems to be starting to invest in its future.
