Robinhood's New Index Options & Futures Could Boost Market Share, Analyst Says

Piper Sandler analyst Patrick Moley maintained an Overweight rating on Robinhood Markets, Inc HOOD and raised the firm's price target to $30 from$27. The price target represents ~8 times Moley's new 2026 revenue EPS estimate (up from ~7 times 2026 previously) to reflect the incremental revenue opportunity presented by adding index options & futures. Last week, Robinhood hosted its first inaugural Robinhood Markets Summit 2024 and introduced several new products to its customer base. Also Read: Microsoft, S ...