Robinhood Markets shares rose 16.57% to $124.72 at the Sept. 3 close, gaining $17.73 from the previous close of $106.99, as analysts focused on prediction markets, Robinhood Chain and broader product expansion. Deutsche Bank raised its price target to $136 from $115, maintained a buy rating and lifted its earnings-per-share estimates after Robinhood Chain fee revenue exceeded expectations, while analyst Brian Bedell said visibility into the durability of the acceleration remained limited. Chain revenue rose from below roughly $200,000 daily through mid-August to nearly $4.01 million on Sept. 2, totaling $10.8 million over five days and approximately $5.4 million in fee revenue for Robinhood, above Deutsche Bank’s prior $4.6 million third-quarter estimate. These blockchain-level figures are separate from Robinhood Markets’ corporate revenue. Prediction-market revenue was approximately $156 million in the second quarter of 2026, and Bedell projected U.S. company-key-performance-indicator contract volume could exceed $1 trillion by 2028, an estimate rather than a confirmed outcome. Piper Sandler maintained a $145 price target and pointed to the upcoming NFL and NCAA football seasons as potential activity drivers after engagement around the 2026 FIFA World Cup. Morgan Stanley upgraded Robinhood to Overweight with a $150 target, Scotiabank initiated coverage with a Sector Outperform rating and a $136 target, and Bernstein maintained Outperform with a $160 target. Twenty-four of 29 analysts rated the stock buy or strong buy, while shares had risen 41% over three months and 20% during the week covered by the newer report. Robinhood reported approximately $1.31 billion in second-quarter revenue, $573 million in net income and 28.4 million funded customers, although crypto transaction-based revenue fell 38% year over year to $100 million. The rally and analyst targets do not establish a change in Robinhood’s longer-term valuation or operating outlook.