Robinhood (HOOD) Stock Jumps as Bernstein Raises Target to $160 — Here’s Why

Bernstein raised Robinhood's price target from $130 to $160, maintaining an Outperform rating. HOOD stock recovered to $102.25 pre-market after closing at $99.96. Prediction markets could become Robinhood's fastest-growing segment, hitting $1.7B revenue by 2028. Robinhood Chain, an Arbitrum-based layer-2 network, positions the firm for tokenized real-world assets.