Robinhood's earnings miss expectations, but StoneX and Bernstein still maintain price targets of $160 to $170

Odaily reports: Although Robinhood (HOOD)'s third-quarter earnings fell short of expectations, StoneX and Bernstein remain bullish, assigning price targets of $170 and $160, respectively. Bernstein noted that the crypto business is gradually shifting toward an "infrastructure business," and forecasts that prediction markets, perpetual contracts, and Robinhood Chain will collectively contribute approximately 25% of the company's revenue by 2028. (The Block)