Robinhood Stock Price Targets Soar Amid Blockchain Growth Hopes

Robinhood's stock price has received a boost from multiple analysts who have lifted their price targets for the company. Citizens JMP was the latest to do so, raising its target to $165 from $155 and maintaining its Market Outperform rating. This implies a potential upside of around 46% from the current price of $113.33.

The upgrade is driven by Robinhood Chain, the company's blockchain platform, which Citizens expects to generate around $1 million per day in net chain revenue for 2027. This would be roughly 65% below the average daily pace recorded during a seven-day period ended September 8, but still significant.

Other analysts have also increased their targets recently, including Mizuho ($140), Jefferies ($140), Goldman Sachs ($142), and Bernstein ($160). The consensus among analysts tracked by MarketBeat is Moderate Buy, with an average target of $129.83.