Wall Street Bullish on Robinhood Markets, Inc. (HOOD) with Strong Buy

Robinhood Markets, Inc. (NASDAQ:HOOD) is among the ARK Invest Stock Portfolio: Top 10 Stock Picks for 2026. As of the close on March 4, the stock is a consensus Strong Buy, with an average upside potential of 53.2%.

Recent updates include BofA cutting its price target on the stock to $122 from $147 on February 24, while maintaining a Buy rating. The adjustment came as part of the investment bank’s EPS revisions for several brokerage companies, exchanges, and asset managers following their recent earnings calls.

Earlier on February 20, Goldman Sachs analyst James Yaro reduced the price target on Robinhood Markets, Inc. (NASDAQ:HOOD) to $111 from $130. However, the firm maintained a Buy rating on the shares, while noting the company’s strong operating data for January 2026.

In related news, Robinhood Markets, Inc. (NASDAQ:HOOD) reported a record quarterly revenue of $1.28 billion for the fourth quarter. While this was a 27% year-over-year increase, the figure missed analysts’ estimates of $1.34 billion, amid a volatile quarter for digital assets, which adversely impacted crypto trading revenue. However, diluted EPS came in at $0.66, beating estimates by three cents.

Robinhood Markets, Inc. (NASDAQ:HOOD) is a financial services company that provides an electronic trading platform to facilitate the trading of stocks, ETFs, cryptocurrency, and other equities and securities.

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