Analyst Moves: Celsius, Robinhood, Airbnb, and Rigetti in Focus
A simple breakdown of recent analyst ratings and price targets for Celsius, Robinhood, Airbnb, and Rigetti Computing, highlighting growth drivers and key risks.
A simple breakdown of recent analyst ratings and price targets for Celsius, Robinhood, Airbnb, and Rigetti Computing, highlighting growth drivers and key risks.
Robinhood reported a sharp slowdown in November trading volumes, with equities, options, and crypto all declining month over month. Only prediction markets showed strong growth.
Robinhood is launching a new futures and derivatives exchange and clearinghouse—powered by a joint venture with Susquehanna and enhanced by the acquisition of MIAXdx—to expand and innovate its fast-growing Prediction Markets.
Argus downgrades Coinbase to Hold, citing high valuation, slower expected growth, and rising expenses. Shares fall over 3% as the firm trims long-term earnings forecasts.
DraftKings reports disappointing Q3 results with revenue missing estimates by $80M, cuts full-year guidance by $300M, and faces rising competition from prediction markets.
Robinhood Markets is exploring taking its fast-growing prediction markets product to countries like the UK and Europe, facing complex regulatory challenges as the industry blurs the lines between finance and gambling.