Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the Most Promising Stocks to Invest In Before They Take Off. On February 19, Robinhood Markets, Inc. (NASDAQ:HOOD) released its January 2026 operating data. The company reported that funded customers for the month reached 27.2 million, representing an increase of 190,000 from December 2025 and 1.75 million year-over-year.
In addition, the total platform assets grew 59% year-over-year to $324 billion, representing that customer portfolios were much larger in January 2026 as compared to a year ago. The net deposits for the month totaled $4.5 billion, reflecting a 17% annualized growth rate on December AUC and 33% growth over the last 12 months versus January 2025 assets.
Following the release on February 20, Goldman Sachs analyst James Yaro lowered the firm’s price target on Robinhood Markets, Inc. (NASDAQ:HOOD) to $111 from $130, while maintaining a Buy rating. The analyst noted that the company released strong January 2026 metrics, indicating 9% annualized growth in funded customers. The lower price target is based on the firm marking its valuation model higher following robust January data.
Robinhood Markets (NASDAQ:HOOD) is a financial technology platform that enables retail investors to make commission-free investments across diverse financial securities. These include ADRs, cryptocurrencies, ETFs, gold, options, and shares. It offers various services such as fractional trading, securities lending, margin trading, around-the-clock trading, joint investments, future contracts, and others.
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.