StoneX research projects 45% upside for Robinhood stock, citing growth from its Layer 2 chain launch and prediction markets expansion.
DeFi & Yields ·
StoneX research has outlined a 45% upside case for Robinhood stock, pointing to two primary catalysts: the deployment of Robinhood Chain, the company's Layer 2 blockchain, and expansion of its prediction markets offering. The analysis frames these initiatives as new drivers that could accelerate growth beyond the firm's current valuation.
The Layer 2 chain launch and prediction markets expansion represent product diversification moves intended to broaden Robinhood's revenue streams and user engagement. The StoneX thesis rests on the thesis that these businesses can materially compound the company's existing trading and financial services revenue.
What remains unclear is the timeline for meaningful contribution from these initiatives, the competitive landscape they will face, and whether execution risk could delay or diminish the projected upside. The 45% figure is a research target rather than a consensus view.