Robinhood Analysts See 'Attractive Entry Point' For Investors Following Q2 Earnings: 'We Forecast A Continued Acceleration'
Robinhood Analysts See 'Attractive Entry Point' For Investors Following Q2 Earnings: 'We Forecast A Continued Acceleration'
Robinhood Markets Inc (NASDAQ:HOOD) analysts are turning more positive on Robinhood stock following the company's "strong" second-quarter financial results. Here's what investors need to know.
Robinhood Markets Inc（纳斯达克：HOOD）的分析师对Robinhood股票的态度更为积极，这是因为该公司在第二季度获得了“强大”的财务业绩。以下是投资者需要了解的内容。
What Happened: Piper Sandler analyst Patrick Moley upgraded Robinhood from Neutral to Overweight on Monday and raised the price target from $20 to $23, noting that the recent pullback in shares has created an attractive buying opportunity. Robinhood stock is down about 23% over the past month, per Benzinga Pro.
发生了什么：派杰投资公司的分析师帕特里克·莫雷升级了Robinhood股票，从中立增至超重，并将价格目标从20美元提高至23美元，指出股票最近的回撤创造了有吸引力的买入机会。根据Benzinga Pro的数据，最近一个月，Robinhood的股价下跌了约23% 。
"We think this pullback presents an attractive entry point into an innovative, fast growing brokerage platform," Moley said in a new note to clients.
“我们认为这次回调为创新、快速增长的券商平台提供了一个有吸引力的入场机会，”莫雷在一份递交给客户的新研究报告中说。
The Piper Sandler analyst expects net interest income headwinds from future rate cuts to be largely offset by increased trading activity and margin loan growth. Moley also expects the company to benefit from the launch of a new web-based trading platform and the rollout of index options and futures trading later this year.
派杰投资公司的分析师预计，未来利率下调对净利息收入的影响将在很大程度上被增加的交易活动和保证金贷款增长所抵消。莫雷还预计，该公司将从一款新的基于Web的交易平台的推出以及指数期权和期货交易的推出中受益，这将在今年晚些时候推出。
Piper Sandler expects Robinhood to benefit over the long term from global retail trading growth, a generational wealth transfer from baby boomers to their children, strong crypto positioning and international expansion.
派杰投资公司预计，Robinhood将从全球零售交易增长、婴儿潮一代向他们的子女进行的财富转移、强大的加密定位和国际扩张中长期受益。
BofA Securities reiterated a Buy rating on Robinhood and raised its price target from $28 to $32 following the company's "strong" second-quarter financial results.
美银证券重申对Robinhood的买入评级，并将其价格目标从28美元提高至32美元，称该公司在第二季度获得了“强劲”的财务业绩。
Robinhood reported second-quarter results last week. Revenue of $682 million came in ahead of analyst estimates of $643.34 million, and adjusted earnings of 21 cents per share beat analyst estimates of 15 cents per share, according to Benzinga Pro.
Robinhood上周报道了第二季度的财报。根据Benzinga Pro的数据，营业收入为68200万美元，超过了分析师预期的64334万美元，每股调整后的收益为21美分，高于分析师预期的15美分。
Total revenue was up 40% year-over-year as transaction-based revenues jumped 69% year-over-year and net interest revenues climbed 22%. The number of funded customers grew by 1 million, reaching a total of 24.2 million.
总营收同比增长40%，以交易为基础的营收同比增长69%，净利息收入同比增长22%。资助客户数量增长了100万，达到了2420万。
"With the launch of index options and futures trading expected in 4Q24 as well as a desktop offering designed for active traders, we forecast a continued acceleration in client activity despite missing several key products that active traders value," BofA analysts said in a note to clients.
美银分析师在一份递交给客户的报告中表示：“虽然错过了一些积极的产品，如相互基金、固定收益品和CD等，但有望在第四季度推出的指数期权和期货交易以及专为活跃交易者设计的台式机产品的推出，我们预计客户活动将继续加速。”
Although Robinhood is lacking some features including the ability to custody mutual funds, fixed income and CDs, BofA expects the company to continue to take share from competitors, citing competitive pricing, market tailwinds, a strong investor community and the platform's highly rated user experience.
尽管Robinhood缺乏一些产品功能，包括托管共同基金、固收和CD的能力，但美银证券预计该公司将继续从竞争对手中获得份额，原因是竞争定价、市场尾流、强大的投资者社区以及该平台的高评级用户体验。
BofA's price target of $32 is based on a 16-times multiple of Robinhood's estimated 2026 adjusted EBITDA.
美银证券的价格目标为32美元，基于Robinhood预计2026年调整后的EBITDA的16倍。
HOOD Price Action: Robinhood shares were up 3.8% at $18.60 at the time of publication, according to Benzinga Pro.
根据Benzinga Pro的数据，在发布本条信息时，Robinhood的股价上涨了3.8%，至18.60美元。
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Photo: Shutterstock.
照片：shutterstock。