Bernstein analysts state that Robinhood has evolved from a speculative retail trading hub into a financial "super-app" with significant growth potential following its S&P 500 inclusion. The firm now controls 12% of U.S. retail trading revenue across equities and crypto, with equity options dominance at 24% and crypto market share near 30%. Revenue is projected to grow from $2.9 billion in 2024 to $6.8 billion in 2026, with a target share price of $160. Expansion into wealth management and blockchain tokenization are seen as key future opportunities.