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News  ›  The Motley Fool

Why Robinhood Stock Was Bumping Higher Today

The Motley Fool Logo The Motley Fool By Eric Volkman
Why Robinhood Stock Was Bumping Higher Today

Robinhood's stock rose over 3% after a Mizuho analyst reiterated a buy recommendation, highlighting the company's strong performance in prediction markets with an estimated $300 million run rate.

Insights
AMJB   neutral

Serving as a joint book-running manager for the offering, which is a standard investment banking service


HOOD   positive

Analyst Dan Dolev raised 2026 and 2027 revenue forecasts by 6-7%, noting strong fresh money proportion in prediction markets (around 50%) and the company's ambitious expansion strategy