Robinhood Stock (HOOD) Gains New Bull: Coverage Initiated with $130 Price Target

Robinhood Markets Stock (NASDAQ:HOOD)  is at $108.10 in overnight trading, up 1% as the digital brokerage platform attracted fresh analyst support from Cantor Fitzgerald, which initiated coverage with an Overweight rating and a $130 price target.

The endorsement comes as the company continues to demonstrate robust growth momentum and strategic expansion into new markets.

Analyst Ramsey El-Assal highlighted Robinhood's ability to capitalize on secular trends favoring digital financial services, citing the company's rapid product innovation and consistent execution as key strengths. The firm noted that Robinhood's growth runway continues to extend, positioning the company favorably within the evolving fintech landscape.

A distinguishing factor in Cantor Fitzgerald's bullish thesis centers on Robinhood's younger customer demographic compared to traditional brokerage peers. This positioning is expected to enable the company to capture incremental wallet share as customers' financial needs expand over time, creating a natural pathway for revenue growth and deeper client relationships. The analyst firm views current valuation and price levels as attractive entry points for markets.

Cantor Fitzgerald's initiation follows a period of active analyst engagement with Robinhood. The firm itself has adjusted its outlook multiple times since the initial September coverage, raising the price target to $155 in November following a record third quarter that delivered 100% year-over-year revenue growth. The target was subsequently reduced to $152 in December after the company announced its acquisition of Indonesian brokerage firm PT Buana Capital Sekuritas and licensed digital asset trader PT Pedagang Kripto.

Price Targets

Other Wall Street firms have similarly maintained constructive views on the stock. Barclays currently holds an Overweight rating with a $159 price target, down from $171 earlier this month following a valuation reassessment. Needham maintains a Buy rating with a $145 target, while Morgan Stanley takes a more cautious stance with an Equal-Weight rating and $147 price target.

The Indonesian acquisition represents a strategic milestone for Robinhood, marking its first significant international expansion and opening access to a large, underserved market. The move aligns with management's stated ambitions to broaden the company's total addressable market and diversify revenue streams beyond its core US operations.

Support has stepped in again for HOOD around $105, with a difficult start to 2026 (7.13% lower YTD) following a 124% gain on a 1 year basis. Wall Street appears to expect more of the same in the year ahead according to the latest notes.