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Robinhood's stock rebound hopes rise with bullish target and World Cup-driven prediction market growth.

Analyst Insights
08 Jun 2026
ETF Trends
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Bullish
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Robinhood Markets' shares have dropped about 25% this year, but recent bullish analyst upgrades and strategic moves suggest a potential turnaround. Deutsche Bank raised its price target to $98, citing Robinhood's fast-growing prediction markets, especially with the World Cup boosting event contract volumes. The company is also routing some derivatives through its own platform, Rothera, signaling confidence in its product. Additionally, Robinhood's acquisition of WonderFi could add 300,000 Canadian accounts, potentially fueling further growth in the latter half of 2026.

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