Robinhood Markets, Inc. (NASDAQ:HOOD) is likely one of the 14 Most Promising Fintech Shares to Make investments In. On December 11, Cantor Fitzgerald lowered its worth goal on Robinhood Markets, Inc. (NASDAQ:HOOD) from $155 to $152 however saved an Chubby score on the inventory.
This replace comes after the corporate introduced that it has entered into agreements to accumulate PT Buana Capital Sekuritas, an Indonesian brokerage, and PT Pedagang Aset Kripto, a licensed Indonesian digital monetary asset dealer. These agreements will enable Robinhood Markets, Inc. (NASDAQ:HOOD) to enter into Indonesia, a significant crypto hub in Southeast Asia and in addition speed up the corporate’s world enlargement.
Indonesia is likely one of the world’s main adopters of cryptocurrency. The nation additionally has supportive laws and a younger, tech-savvy inhabitants. This makes Indonesia a horny marketplace for US firms like Robinhood Markets, Inc. (NASDAQ:HOOD) that need to increase in Asia. The nation has greater than 19 million capital markets traders and 17 million crypto traders, making it a compelling marketplace for equities and crypto buying and selling.
Cantor Fitzgerald sees these acquisitions as Robinhood Markets, Inc.’s (NASDAQ:HOOD) strategy to develop its whole addressable market. The corporate is seeking to velocity up its worldwide enlargement. Based mostly on the corporate’s projections, the offers are anticipated to shut within the first half of 2026.
Robinhood Markets, Inc. (NASDAQ:HOOD) is an American monetary providers and know-how firm that permits customers to spend money on shares, choices, futures, and cryptocurrencies by its platform.
Whereas we acknowledge the potential of HOOD as an funding, we consider sure AI shares provide larger upside potential and carry much less draw back threat. For those who’re on the lookout for a particularly undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring pattern, see our free report on the finest short-term AI inventory.
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