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JPMorgan has doubled the target price for Robinhood's stock to $98 for 2026.
Odaily News JPMorgan has doubled its target price for Robinhood stock in 2026 to $98, and it is reported that Robinhood will announce its second-quarter results on Wednesday. JPMorgan maintains a neutral rating on Robinhood and expects the company's earnings per share to be 31 cents, up from 21 cents in the same period last year. JPMorgan stated that the company's initiatives in the crypto assets and tokenization finance sector will enhance operational leverage and create long-term profit potential. (CoinDesk)