Wall Street Analysts Adjust Targets for Securitize, Coinbase, Robinhood, and eToro Ahead of Earnings
Yahoo Finance ·
StoneX hiked its price target on Securitize by 50% to $18 from $12 on Monday, maintaining a Buy rating while highlighting the firm's newly launched tokenized stock trading platform. The fresh platform enables trading of Apple, Nvidia, and Tesla shares on Solana, settled in USDC. StoneX estimates annual growth of about 65%, projecting revenues of nearly $120 million in 2027 and nearly $200 million in 2028. Additionally, Bank of America adjusted several targets on October 5, lifting Robinhood to $156 from $140 and Coinbase to $203 from $174 with Buy ratings, while downgrading eToro to $39 from $46 with a Neutral rating. Robinhood is expected to post third-quarter earnings of $0.64 per share on revenue near $1.4 billion. Coinbase anticipates a per-share loss of $0.20 on approximately $1.77 billion in revenue, whereas eToro is projected to report $0.40 per share on about $203 million in quarterly revenue.
AI 시장 분석
StoneX raised Securitize's price target by 50% to $18, citing the launch of its tokenized stock trading platform. Bank of America raised price targets for Robinhood and Coinbase to $156 and $203 respectively, while lowering eToro to $39. These target adjustments reflect expectations for the growth potential and monetization models of crypto-linked stocks ahead of Q3 earnings reports.
상승 영향
- Cryptocurrency — Institutional adoption expansion and revenue diversification are expected due to Securitize's launch of a new tokenized stock platform and price target upgrades for Coinbase and Robinhood.
하락 영향
- Banking — 60% of community banks perceive stablecoins as a threat to deposits and lending, and the spread of cryptocurrencies could act as deposit outflow pressure for traditional banks.
DYAX 전담 분석
StoneX analyzed that Securitize's newly launched tokenized stock platform will generate new revenue streams through trading and service fees, projecting an annual revenue growth of about 65% by 2028. Bank of America also raised price targets for Robinhood and Coinbase, highlighting the institutional adoption and regulatory integration of crypto-related companies.
In the bullish scenario, earnings of related stocks will improve due to increased trading volume on new platforms and expanded stablecoin revenue driven by Fed rate hikes. In the bearish scenario, regulatory risks and earnings misses caused by sluggish trading volume could act as downward pressure on stock prices, requiring close monitoring of Q3 earnings and trading volume metrics.
AI가 생성한 분석으로 투자 자문이 아닙니다.
DYAX Investor Sentiment
Bullish (Long) 47% · Bearish (Short) 53%
282 participants
Related News
- US Stock Market Echoes a Rare Historical Pattern Last Seen in 1871
- Three Major Red Flags Revealed in Tilray's First-Quarter Financial Report
- How Apple Plans to Compete in the Home: Power On
- Two Payment Giants Lift Dividends by 14 Percent for Long-Term Portfolios
- Wall Street Reduces Risk Exposure Ahead of Key Earnings and Inflation Figures
- Cisco and Nvidia Join Forces to Overcome AI Data Center Bottlenecks
