Robinhood price target lifted to $160 as tokenization and prediction markets drive growth

Bernstein raised its price target for Robinhood Markets (HOOD) from $130 to $160 per share and kept an Outperform rating. The analyst firm said the brokerage’s next growth engine will come from prediction markets and the tokenization of real‑world assets, not traditional crypto trading. Bernstein projects prediction‑market revenue of $1.7 billion by 2028, a 64 % compound annual growth rate, and expects the value of tokenized real‑world assets on‑chain to rise from about $35 billion today to between $2 trillion and $4 trillion by 2030.

Robinhood’s proprietary Robinhood Chain, a layer‑2 network built on Arbitrum, underpins the tokenized‑asset offering and allows on‑chain financial products without third‑party reliance. Institutional activity is growing, with Alpaca and Broadridge adding shareholder‑governance tools to token‑issuance infrastructure and Securitize partnering with Cantor Fitzgerald to develop blockchain‑based IPO capabilities. At the time of the report, Robinhood shares were trading near $101.