Robinhood Upgraded by Morgan Stanley, with a Big Price Raise for Trump’s Win

What you need to know

• Morgan Stanley boosted Robinhood Markets' rating and more than doubled its price target Monday, calling the online trading platform one of the biggest winners from Donald Trump's presidential election victory.
• Analysts said that Robinhood could benefit from the likely decrease in regulation of cryptocurrency by Trump’s administration.
• The investment bank said it expects a "robust retail trading environment" ahead.

Morgan Stanley, which upgraded Robinhood Markets and doubled the target price for the stock on Monday, said the online trading platform would be amongst those who benefitted most from the outcome of the Presidential election. 

This bank has raised its credit rating from “overweight” You can also find out more about us on our website. “equal weight,” Robinhood has raised its price target from $25 to $55.

The President-elect Trump called on the U.S. cryptocurrency to become the leader “capital of the planet,” Analysts wrote this “potential deregulation enables HOOD to participate more aggressively in crypto.”

Potential Deregulation, Rising M&A and IPOs Bode Well for Trading Platform

After the election, They Added That “animal spirits” associated with deregulation, along with recovery in mergers and acquisitions (M&A) activity and, eventually, initial public offerings (IPOs), “likely lead to robust retail trading environment into 2025.”

Morgan Stanley increased its forecast for Robinhood’s revenue growth of 6% in 2025, by 13% in 2026 and by 21% by 2027. It also raised its guidance for earnings per share by 10%, by 28% and by 50% respectively over the same period.

Robinhood Markets’ shares traded on Monday at the highest price since October 2021. They were recently trading at $37.53, up by more than 2 percent.

Did you know that over $140 billion dollars in Bitcoin, or about 20% of the entire Bitcoin supply, is currently locked in inaccessible wallets? Or maybe you have lost access to your Bitcoin wallet? Don’t let those funds remain out of reach! AI Seed Phrase Finder is here to help you regain access effortlessly. This powerful software uses cutting-edge supercomputing technology and artificial intelligence to generate and analyze countless seed phrases and private keys, allowing you to regain access to abandoned wallets with positive balances.