Key Insights
- Goldman Sachs raised its Robinhood stock price target to $142 from $124.
- Rothera generated about $150 million in annualized revenue in its first quarter.
- Robinhood Chain generated $42.58 million in revenue within its first 70 days.
Robinhood stock price moved higher in pre-market trading after Goldman Sachs raised its target on the brokerage to $142. The bank increased its previous $124 target and kept a “Buy” rating on the shares.
Robinhood stock moved higher before Tuesday’s open after Goldman Sachs raised its price target to $142. Analyst James Yaro kept a Buy rating and cited growth at Rothera.
HOOD rose about 1.6% in pre-market trading after closing Sept. 4 at $122.11. The new target implied roughly 16% upside from that closing price.
Robinhood Stock Price Target Rises on Rothera Growth
Analyst James Yaro said Rothera ranked among the world’s three largest prediction market exchanges by volume. The exchange launched in May 2026 and produced about $150 million in annualized revenue during its first quarter.
Yaro cited deep liquidity, low fees, and the ability to expand across more brokers and products. Those factors supported Goldman Sachs’ higher target for Robinhood shares.
The $142 target implies about 16% gain from HOOD’s Friday closing price of $122. The HOOD stock price also attracted retail attention and became one of Stocktwits’ top trending tickers. Sentiment on the platform remained in the bullish zone, while chatter levels stayed high during the past day.
The pre-market gain followed the target increase, with shares trading above Friday’s close before the regular session began.
Goldman Sachs expects Rothera to generate $307 million in revenue during 2027 under its base case. That estimate equals about 5% of projected Robinhood revenue and assumes roughly 1% prediction market share.
Its bull case reaches about $906 million, while the bear case stands near $91 million. The bank projects overall prediction market net revenue of $943 million in 2027.
That forecast increases to $1.15 billion in 2028. Those estimates are 10% and 14% above consensus for 2027 and 2028, respectively. Rothera’s early performance therefore stands at the middle of Goldman Sachs’ revised Robinhood stock price target.
Jefferies Raises HOOD Stock Price Target to $140
Jefferies separately increased its target for HOOD stock to $140 from $127 while maintaining a “Buy” rating. Analyst Daniel Fannon made the revision after meeting Robinhood CFO Shiv Verma.
Fannon highlighted strong net deposits, rising adoption of Gold subscribers, and the rollout of new products. Those metrics formed the main reasons behind Jefferies’ higher target.
The two Wall Street revisions focused on different parts of Robinhood’s recent performance. Goldman Sachs centered its outlook on Rothera, while Jefferies highlighted broader operating metrics. The HOOD stock price gained before Tuesday’s regular session following the latest Goldman Sachs target increase.
Robinhood Chain Adds a Second Major Milestone
Robinhood Chain has also recorded strong revenue growth since its launch on July 1, 2026. The Arbitrum Orbit-based Layer 2 generated $42.58 million during its first 70 days. The network keeps most transaction fees while sharing 10% with Arbitrum’s treasury. Arbitrum said Robinhood Chain ranked as the second-largest platform by revenue.
The network also captured roughly 90% of the profit on transactions flowing through its dedicated Arbitrum chain. It attracted more than $900 million in locked value after launch. Tokenized stocks and decentralized finance contributed to activity, while memecoins drove much of the early surge.
Arbitrum ranked third by revenue, with its proceeds returning to the token-controlled treasury. Robinhood Chain’s revenue added another milestone alongside Rothera’s expansion and the two higher Wall Street targets.
This article is for informational purposes only and should not be considered financial or investment advice. Equity and cryptocurrency markets remain volatile. Readers should conduct independent research before making investment decisions.
