Robinhood shares jump following raised price target

Robinhood shares jumping more than 10% going into the close after Bernstein reiterated its outperform rating with a $130 price target implying more than 65% upside from here. Now, the bull case really comes down to two of Hood's core businesses. First, prediction markets.Bernstein expects that segment to nearly quadruple this year making it the single largest revenue driver for 2026. Analysts point to the FIFA World Cup this summer and midterm elections in the back half of the year as volume catalysts. And ...