Deutsche Bank lifts Robinhood PT, cites accelerating chain revenue

Robinhood Markets

04/09/2026 13:04

** Deutsche Bank raises PT on trading platform Robinhood HOOD.O to $136 from $115, implying 9% upside to the stock's last close
** "We are raising our EPS estimates and our price target for Robinhood (HOOD-Buy) to reflect the recent acceleration in Robinhood Chain fee revenue," brokerage says
** Adds, daily chain revenue rose sharply to nearly $1.92 million on August 31, $3.38 million on September 1, and $4.01 million on September 2, based on observable data from DeFiLlama
** Deutsche Bank also sees Robinhood Chain emerging as a $100 million-plus annual revenue business
** Robinhood Chain is a proprietary blockchain network launched by Robinhood Markets
** 24 of 29 analysts rate stock "strong buy" or "buy", four "hold" and one "sell"; their median PT is $127 - data compiled by LSEG
** As of last close, stock up 10.3% YTD



 (Reporting by Pragyan Kalita in Bengaluru)
 ((Pragyan.Kalita@thomsonreuters.com;))