CoinScoopGoldman Sachs: HOOD Crypto Volume Beats Consensus by 87%, Price Target Up to $145
Goldman Sachs reported that Robinhood's (HOOD) September crypto trading volume grew 21% month-over-month to $21.9 billion, exceeding consensus by 87%. Event contract volume rose 37%, beating consensus by 36%. The firm raised its 2026-2028 revenue forecasts and increased the price target to $145, citing a steeper interest rate curve as a key factor supporting net interest income.
Summaries are written by AI from the original article. Not investment advice.