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When It Comes to Valuing Robinhood, Analysts Are All Over the Map
Analysts generally agree that Robinhood Markets is a disruptive player in stock and crypto trading. But they’re all over the map in valuing that disruption.
Retail trading has fueled the stock, as institutions may be awaiting analyst calls. Monday marked the end of the 25-day quiet period for analysts at the initial public offering’s underwriters. Opinion was mixed. Of 10 analysts tracked by FactSet, four had Buy ratings; five, Hold, and one, Sell. Their price targets see an average 25% upside. In comparison, 21 of 31 analysts…