Deutsche Bank analyst Brian Bedell raised the firm’s price target on Robinhood to $27 from $24 and keeps a Buy rating on the shares after meeting with management. The firm we remains “encouraged” about Robinhood’s revenue and earnings momentum from a range of initiatives designed to bring more customers to the platform, better leverage addressable markets, and deepen user activity across products and services. It sees the company generating net new assets at an annualized pace well over 20% through 2025, and 20% in 2026. This should help enable continued adjusted EBITDA margin expansion and “strong” double digit earnings growth in 2025 and 2026, the analyst tells investors in a research note.
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