Robinhood (HOOD) surged 10.3% on Tuesday after Bernstein SocGen analyst Gautam Chhugani reiterated a Buy rating and a $130 price target, implying about 65% upside from current levels. The five-star analyst believes that Wall Street is underestimating the fintech company’s earnings power as crypto activity rebounds and it expands into new transaction categories like prediction markets.
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It is worth noting that Chhugani ranks 626 out of more than 12,128 analysts tracked by TipRanks. He has a success rate of 58% on HOOD stock, with an average return per rating of 84.67% over a one-year timeframe.
Key Catalysts: Prediction Market and Crypto Rebound
Chhugani argued that Robinhood’s growth outlook is far stronger than consensus models suggest. The analyst’s 2026 revenue forecast for the company sits 9% above consensus, driven by a 31% lead in crypto revenue projections.
Also, he estimates Robinhood’s prediction market volume could help drive a 286% year-over-year increase in non-equity transaction revenue. The bullish gap widens in 2027, with Chhugani projecting revenues 18% above consensus and EPS 25% higher.
The analyst also believes the stock’s over 50% slide since Q4 2025 has already priced in a weak Q1, and that trading activity should pick up again starting in Q2. Longer term, he sees a big runway for the company as it continues gaining retail trading share and expands into new areas like banking and advisory services.
Is HOOD a Good Stock to Buy Now?
Robinhood stock has a Strong Buy consensus rating among 17 Wall Street analysts. That rating is based on 14 Buy and three Hold recommendations issued in the last three months. The average HOOD price target of $104.56 implies 32.2% upside from current levels.
