Bernstein Sets$ 105 Rate Target, Adding to Robinhood Sweetens Gold Account

A slew of new services were introduced by Robinhood for Gold people, which might blur the distinctions between stablecoins and crypto.

The premium subscription for Gold, the trading app, costs$ 5 per month or$ 50 per year, has 4 % interest on uninvested cash and has higher instant deposit thresholds.

Robinhood Strategies was unveiled at a lecture in San Francisco on Wednesday, which is aimed at providing “tailor, expert-managed assets” led by a group that collectively have over 50 years of Wall Street knowledge serving administrative and high-net-worth owners.

In the interim, Robinhood Banking may offer access to traditional checking and savings accounts, tickets to special events like the Oscars, private plane journey, and same-day cash delivery right to a customer’s doorstep.

Robinhood Cortex, an AI-powered investment tool, is also expected to provide “real-time research and perspectives” to find business possibilities.

The goal of all three models is to provide benefits previously only available to the “ultra-wealthy” to the general public.

Researchers from research organization Bernstein said they believe that buyers “underappreciate” Robinhood’s entire platform, especially given that non-trading activity accounted for 47 % of the company’s income in 2024.

In a report shared with , Bernstein noted that” HOOD is also leaning into disruptive technologies to lower the cost of financial access, which has historically been available to only the elite ( high net worth thresholds ) within banking. Using the cryptocurrency, crypto tokenization lowers the cost of providing trading-access.

The researchers set a price specific of$ 105 and stated that they anticipate Robinhood stocks to exceed the stock, which is traded on the Nasdaq under the HOOD ticker.

It’s a really positive projection. HOOD is trading for$ 45.23 as of right now, up 1.14 % on the day, for the time being.

Additionally, Robinhood confirmed yesterday that 100, 000 clients will begin receiving their Platinum Cards this week as the list for its is now approaching three million. This product offers up to 5 % bonus on purchases, no annual fee, or committee on forex trading, and has no annual fees or commissions.

The SEC ending its research into the business, which Robinhood is trying to expand its crypto offering, is the catalyst for the increased Golden program.

Robinhood’s record net income of$ 916 million in the fourth quarter, ten times higher than the same period in 2023, was aided by a 700 % increase in crypto trade revenues.

CEO Vlad Tenev stated at the time that he thought Robinhood was “uniquely positioned at the crossroads of conventional financing and DeFi.”

Bernstein concur, saying that the business is “positioning itself to capitalize on the impending$ 114 trillion great riches move, set to happen over the next few years as money passes to younger years.

The integration of banking and crypto trading may increase access to digital assets and inspire investor adoption for those who have yet to experiment with Bitcoin.

Despite regulatory quality gradually beginning to emerge in the U.S., it may also provide Robinhood the advantage over banks that are yet to begin offering crypto items to their clients.

edited by Stacy Elliott.