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JPMorgan Chase Raises Robinhood Stock Price Target for 2026, Doubles It to $98

By: theblockbeats.news|2025/07/29 15:32:43

BlockBeats News, July 29th: JPMorgan Chase has doubled its 2026 price target for Robinhood stock to $98. At the same time, Robinhood is set to announce its second-quarter earnings on Wednesday. JPMorgan Chase maintains a Neutral rating on Robinhood and expects Robinhood to earn $0.31 per share, up from $0.21 in the same period last year. JPMorgan Chase believes that Robinhood's initiatives in cryptocurrency and tokenized finance will increase its operational leverage and create long-term profit potential.

U.S. Stock Ethereum Reserve Concept Stocks Experience Collective Pullback, BMNR and GAME Drop Over 10%

James Wynn's PEPE Long Position Partially Liquidated 8 Times in a Row, Losing Nearly $1 Million in the Past Week