Why Robinhood is a better stock than Coinbase despite a 180% surge this year: Analyst

Yahoo Finance12-19 21:46

Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. In the Coinbase (COIN) vs. Robinhood (HOOD) investor debate, there is fodder for both bulls...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492176087?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/NiYcyYoLq5NNH5zBPNfXzA--~B/aD0zMDI0O3c9NDAzMjthcHBpZD15dGFjaHlvbg--/https://s.yimg.com/os/creatr-uploaded-images/2023-06/b4862590-0510-11ee-b7be-eaf7937fcb08","is_english":true,"pubTime":"2024-12-19 21:46","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2492176087","market":"us","top_or_hot":-1,"title":"Why Robinhood is a better stock than Coinbase despite a 180% surge this year: Analyst","media":"Yahoo Finance","content":"<div>\n<p>Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts.\nIn the Coinbase (COIN) vs. Robinhood (HOOD) investor debate, there is fodder for both bulls...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-robinhood-is-a-better-stock-than-coinbase-despite-a-180-surge-this-year-analyst-134044690.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Robinhood is a better stock than Coinbase despite a 180% surge this year: Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Robinhood is a better stock than Coinbase despite a 180% surge this year: Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-19 21:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-robinhood-is-a-better-stock-than-coinbase-despite-a-180-surge-this-year-analyst-134044690.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts.\nIn the Coinbase (COIN) vs. Robinhood (HOOD) investor debate, there is fodder for both bulls...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-robinhood-is-a-better-stock-than-coinbase-despite-a-180-surge-this-year-analyst-134044690.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0211328371.USD","symbol_name":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","start_time":0,"source_url":"https://finance.yahoo.com/news/why-robinhood-is-a-better-stock-than-coinbase-despite-a-180-surge-this-year-analyst-134044690.html","article_id":"2492176087","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/NiYcyYoLq5NNH5zBPNfXzA--~B/aD0zMDI0O3c9NDAzMjthcHBpZD15dGFjaHlvbg--/https://s.yimg.com/os/creatr-uploaded-images/2023-06/b4862590-0510-11ee-b7be-eaf7937fcb08"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492176087","pubTimestamp":1734616004,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts.In the Coinbase  vs. Robinhood  investor debate, there is fodder for both bulls and bears.But for veteran fintech analyst Dan Dolev at Mizuho Securities, Robinhood remains an undefeated name with room to grow.“They’re in the early stages of becoming one of the top financial services companies in the world,” he told Yahoo Finance executive editor Brian Sozzi during the Opening Bid podcast . “There is no millennial, Gen Alpha, any of the [18- to 30-year-olds] that does not know what Robinhood is globally,” Dolev said. “It’s an amazing brand.”Robinhood — which has won this year's Yahoo Finance Comeback of the Year award due to its big turn to profitability, innovative product releases, and a 180% stock price jump — has undergone a seismic shift since its upstart beginnings in meme stocks in 2013.“The company did a great job unpacking these growth oppo","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4516":"特朗普概念","BK4597":"股息贵族","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","BK4554":"元宇宙及AR概念","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","BK4108":"电影和娱乐","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","BK4595":"比特币概念","COIN":"Coinbase Global, Inc.","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","BK4577":"网络游戏","AMC":"AMC院线","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","BK4550":"红杉资本持仓","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU2361044865.SGD":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","HOOD":"Robinhood","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","BK4547":"WSB热门概念","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","BK4581":"高盛持仓","BK4155":"大卖场与超市","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","BK4504":"桥水持仓","BK4596":"哈里斯概念","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4600":"加密货币概念","GME":"游戏驿站","BK4112":"金融交易所和数据","LU1861558580.USD":"日兴方舟颠覆性创新基金B","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4127":"投资银行业与经纪业","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B"},"translate_title":"为什么Robinhood是比Coinbase更好的股票，尽管今年股价飙升180%：分析师","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":1,"HOOD":1,"COIN":1,"GME":0.9},"content_text":"Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts.\nIn the Coinbase (COIN) vs. Robinhood (HOOD) investor debate, there is fodder for both bulls and bears.\nBut for veteran fintech analyst Dan Dolev at Mizuho Securities, Robinhood remains an undefeated name with room to grow. \n“They’re in the early stages of becoming one of the top financial services companies in the world,” he told Yahoo Finance executive editor Brian Sozzi during the Opening Bid podcast (see video above; listen below). “There is no millennial, Gen Alpha, any of the [18- to 30-year-olds] that does not know what Robinhood is globally,” Dolev said. “It’s an amazing brand.”\nDolev rated Robinhood an Outperform with a $60 price target, estimating a 50% upside to the stock price from its current levels of $39. The average Wall Street price target on Robinhood is $44, according to Yahoo Finance data.\n\nRobinhood — which has won this year's Yahoo Finance Comeback of the Year award due to its big turn to profitability, innovative product releases, and a 180% stock price jump — has undergone a seismic shift since its upstart beginnings in meme stocks in 2013.  \nIt famously made headlines in 2021 when traders stepped in to pour billions of dollars into companies like Gamestop (GME) and AMC (AMC) at a time when they were being shorted elsewhere. Everyday consumers cheered for the platform, with some speculating it was living up to its namesake storybook folk hero, Robin Hood.\n\nMizuho's Dolev began covering the company about three years ago, when “people thought it was a bunch of kids that had no idea what they’re doing.” \nToday, Robinhood is a different company.\nWith a combination of product drops, a new desktop trading platform, high interest rates, a crypto surge, and a leaner expense base, Robinhood is reporting banner earnings.\nIts third quarter revenue grew 36% year over year to $637 million. Net earnings improved sharply to $150 million from an $85 million loss a year ago.\nAverage revenue per user (ARPU) increased by 31% to $105. Gold subscribers hit 2.2 million. Total funded customers reached 24.3 million, up 1 million from last year.\nFor the nine months ended Sept. 30, total revenue increased 39% to $1.9 billion. Net income has swung from a loss of $571 million to a profit of $495 million.\n\n\"I remember when we entered the public markets, it was sort of at the height of the secular bull market and we felt good,\" Robinhood co-founder and CEO Vlad Tenev told Sozzi in an interview. \"But the business now is much stronger across pretty much all dimensions. We have nine business lines that are generating over $100 million in annual revenue.\" \nDolev isn’t the only one with bullish sentiment on Robinhood.\nWolfe Research analyst Steven Chubak reflected on the company’s first Investor Day earlier this month, rating the stock as Outperform and raising the price target to $50 from $27. \n“The company did a great job unpacking these growth opportunities, which appear more credible under a Trump administration,” he wrote. “Given favorable tailwinds to Robinhood’s business and new and emerging sources of EPS growth, we remain convicted in this long-term bull case.”\nAs for Robinhood's rival Coinbase, Dolev remains one of the vocal bears on the Street. Robinhood is a more diversified platform moving faster on new products, Dolev contended. \n\"It's [Robinhood], not just crypto, and I think that's what makes it so unique,\" Dolev said of the differences between Robinhood and Coinbase.\nDolev has a Sell rating on Coinbase with a $215 price target, which projects 32% downside from current levels of $315. The average Wall Street price target on Coinbase is $283, according to Yahoo Finance data.\nThree times each week, Yahoo Finance Executive Editor Brian Sozzi fields insight-filled conversations and chats with the biggest names in business and markets on Opening Bid. You can find more episodes on our video hub or watch on your preferred streaming service.\nGrace Williams is a writer for Yahoo Finance.\nRead more about Yahoo Finance's 2024 company awards:\n\nWalmart is the 2024 Yahoo Finance Company of the Year\nHow Walmart's $90 billion Sam's Club is aiming to take down Costco\nNvidia, GM, Walmart, Palantir, Tesla, Meta, and others battle this Yahoo Finance awards season","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492176087"}