Robinhood Markets (HOOD) PT Raised at KeyBanc; 'We're Fans of the 3Q Setup'

KeyBanc analyst Alex Markgraff raised the price target on Robinhood Markets (NASDAQ: HOOD) to $155.00 (from $135.00) while maintaining an Overweight rating.

The analyst commented: "We're Fans of the 3Q Setup and Feeling Better on FY26; HOOD reports on 11/5 AMC. We'll be on the ground in SF w/ mgmt/IR for the live call – send us your toughest questions. Our model is now wellcalibrated with intra-quarter data, and we like HOOD into the print. We're also increasingly constructive on more recent product updates, an initial look at 4Q data, and a better monetization outlook for FY26 after a closer inspection of crypto puts/takes. As a result, we take our FY25/FY26 numbers higher and raise our PT to $155. Shares are -3.6% in the past month (Nasdaq +4.1%) and +34.0% since 7/31 close (Nasdaq +11.6%)."

You May Also Be Interested In

• Fiserv (FISV) PT Lowered to $60 at Freedom Broker
• Freedom Broker Upgrades Serve Robotics (SERV) to Buy
• Jane Street Took $15 Billion Hit In July Tied To Situational Awareness - Reuters