BofA raised the firm’s price target on Robinhood to $14 from $13 and keeps an Underperform rating on the shares. Robinhood reported a better-than-expected record EPS of 18c driven by a large uptick in transaction-based revenues from options and crypto volumes as well as better than expected expense discipline, the analyst tells investors. The firm raised its Q2, 2025 and 2026 EPS estimates, but reiterates an Underperform rating given recent declines in monthly active users in addition to slow account growth relative to prior years.
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