Deep Tide TechFlow News, on February 11, according to The Block, Bernstein analyst stated that the 38% decline in Robinhood's cryptocurrency revenue reflects a "volatility" that is only temporary. The company's stock has fallen 24% since the beginning of the year, and the current stock price has already priced in the most pessimistic scenario.



The analyst pointed out that besides the cryptocurrency business, Robinhood has structural growth points, including the forecasted market business with annual recurring revenue (ARR) reaching $435 million, and plans to expand Robinhood Chain's scale by 2026. Bernstein believes the company's stock has an 87% upside potential.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)