CICC Initiates Robinhood (HOOD) Coverage with Outperform Rating, $155 PT

Robinhood Markets Inc. (NASDAQ:HOOD) is one of the best up and coming stocks to buy right now. On October 27, CICC initiated coverage of Robinhood with an Outperform rating and $155 price target.

In other news, Barron’s reported on the same day that Robinhood Markets’ robo-advisor, Robinhood Strategies, surpassed $1 billion in assets under management/AUM in just over 6 months following its launch. The platform’s CIO, Stephanie Guild, reported that Robinhood Strategies now has more than 180,000 funded accounts. This success in rapidly attracting assets contrasts with broader struggles within the robo-advisor sector.

Earlier on October 14, Piper Sandler raised the firm’s price target on Robinhood to $155 from $140 while maintaining an Overweight rating on the shares. Piper Sandler found Q3 2025 performance for exchange and trading companies to be mixed.

Robinhood Markets Inc. (NASDAQ:HOOD) operates a financial services platform in the US. Its platform allows users to invest in stocks, ETFs, American depository receipts, options, gold, and cryptocurrencies.

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.