Robinhood Markets Stock Surges on Prediction Markets and Blockchain Growth

Roninhood Markets stock has been on a roll lately, with prices reaching as high as $124.70 USD in intraday trading on September 8, 2026.

This surge is largely attributed to the company's growing prediction markets business and partnerships with major players like Crypto.com and OG.

The analyst community is also taking notice, with Bernstein reiterating an 'Outperform' rating and setting a price target of $160 USD per share, representing a 31% upside from current levels around $122 USD.

This optimistic outlook is driven in part by the potential for significant growth in Robinhood's blockchain network, known as Robinhood Chain, which could generate an estimated $160 million USD in annual fees by 2028.