Morgan Stanley upgrades its view of Robinhood, raising its stock price target from $124 to $150, a change that implies about 43% upside. The update focuses on the brokerage platform’s ability to generate more revenue from its user base.
Quartz and MarketWatch both report the same target increase and frame it around user monetization, rather than relying on growth tied to cryptocurrency. Quartz additionally notes prediction markets as a growth driver that it says has been underappreciated by the market. MarketWatch emphasizes the absence of a need for crypto support, suggesting the firm’s thesis rests primarily on business monetization trends within Robinhood’s existing offerings.
Overall, the outlets align on the key decision—Morgan Stanley’s raised target to $150—and differ mainly in what they highlight as the most notable contributor to future growth, with Quartz pointing to prediction markets and MarketWatch stressing that the upgrade does not depend on crypto.
