Compass Point analyst Ed Engel initiated coverage of Robinhood (HOOD) with a Buy rating and $61 price target The firm, which sees Robinhood increasing average revenue per user for its 12M crypto users alongside an improving U.S. regulatory environment, estimates a $665M revenue opportunity from cross-selling existing crypto products to U.S. users. The firm notes that its 2026 EBITDA forecasts are 16% above consensus and says it sees shares rebounding as 2025-26 revenue exceeds expectations.
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