From Zacks Investment Research: 2025-02-27 15:00:28

Robinhood Markets and Coinbase Global were popular growth stocks that started to soar this year with highly anticipated IPOs in 2021. Despite recent market volatility, both stocks had impressive gains of over +400% and +200% in the last two years. Positive EPS revisions continue to support their strong price performance and bounce-back potential when markets stabilize. Fiscal 2025 and FY26 EPS estimates for Robinhood and Coinbase have trended higher in the last quarter, suggesting a strengthening outlook. Both stocks are now trading at reasonable P/E valuations, making them attractive buy-the-dip targets with a Zacks Rank #1 (Strong Buy) rating.



Read more at Zacks Investment Research: Will Robinhood (HOOD) or Coinbase (COIN) Stock Bounce Back? – February 27, 2025