Robinhood (HOOD) Beneficiary of Barclays' Positive 2026 Outlook for Wealth Brokers and Alternative Asset Managers Amid Mixed Exchange Environment

Robinhood Markets Inc. (NASDAQ:HOOD) is one of the best Reddit stocks to invest in right now. On December 12, Barclays analyst Benjamin Budish raised the firm’s price target on Robinhood to $171 from $168, while keeping an Overweight rating on the shares. As part of its 2026 plan, Barclays revised targets for companies within the financial services group. Budish anticipates constructive market conditions next year, especially benefiting alternative asset managers and wealth brokers. The outlook is less clear, however, for exchanges and traditional asset managers, which are expected to face a more mixed environment.

In Q3 2025, Robinhood Markets achieved record revenues of ~$1.3 billion, which represented a doubling (over 100%) year-over-year increase. EPS more than tripled from the previous year and totaled $0.61, which was $0.07 higher than estimates. The company’s subscription service, Robinhood Gold, reached a record 3.9 million subscribers, showing over 75% year-over-year growth and strong adoption, particularly among new customers.

A key area of growth for Robinhood is its prediction markets business, which has shown rapid acceleration, doubling volume every quarter to 2.3 billion contracts in Q3. This segment surpassed $100 million in annualized revenue and is tracking towards a $300 million run rate. The company sees its competitive advantage in this area as its distribution, using its ecosystem of over 26 million funded accounts.

Robinhood Markets Inc. (NASDAQ:HOOD) operates 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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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