Cantor Fitzgerald Raises the Firm's PT on Robinhood Markets (HOOD), Keeps a Buy

Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the Best Performing Financial Stocks So Far in 2025. On September 12, Brett Knoblauch from Cantor Fitzgerald raised the firm’s price target on Robinhood Markets, Inc. (NASDAQ:HOOD) from $128 to $130, while reiterating a Buy rating on the stock.

The bullish sentiment comes after the company released its operating data for August 2025. Management noted that the funded customers reached 26.7 million, down slightly from July 2025 but up 2.4 million from the previous year. The month-over-month decrease was due to the removal of 80,000 low-balance accounts due to regulatory escheatment.

Moreover, total platform assets reached $304 billion, up 2 % from the past month and more than 112% year-over-year.  Net deposits for the month were $4.8 billion, marking a 19% annualized growth rate compared to July’s assets. Notably, margin balances hit $12.5 billion, rising 10% from July and doubling since last year.

Robinhood Markets, Inc. (NASDAQ:HOOD) is a financial services platform that provides easy access to investing and trading for all users.

While we acknowledge the potential of HOOD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.