bullish

Robinhood

2026

Founded by Stanford graduates Vladimir Tenev and Baiju Bhatt in 2013,&nbsp;<a href="https://www.thestreet.com/crypto/markets/robinhood-surging-on-june-10" rel="noopener noreferrer nofollow">Robinhood Markets</a> (Nasdaq: HOOD) is a brokerage platform that has become popular&nbsp;with its stock, cryptocurrency, and tokenized stock offerings.
The company's stock hit the all-time high (ATH) of&nbsp;$153.86&nbsp;on Oct. 6, 2025, when the crypto market was at its peak. But the downturn in the market has led to the HOOD stock tumbling 35% below the ATH.
However, the stock surged 7%&nbsp;on June 15&nbsp;to trade above $100 following two bullish price targets last week.
<a href="https://www.thestreet.com/crypto/investing/analyst-hikes-robinhood-price-target-on-new-product" rel="noopener noreferrer nofollow">Related: Analyst hikes Robinhood price target on new product</a>
<h2 id="analysts-raise-robinhood-stock-price-target">Analysts raise Robinhood stock price target</h2>
<a href="https://www.thestreet.com/crypto/investing/analyst-hikes-robinhood-price-target-on-new-product" rel="noopener noreferrer nofollow">As reported earlier</a>,&nbsp;Cantor Fitzgerald last week raised the price target on Robinhood by 10% from $100 to $110 and kept an Overweight rating on its shares.
The analyst attributed the optimistic target to Robinhood's joint venture with Susquehanna regarding the Rothera&nbsp;prediction market exchange.
Cantor Fitzgerald said it expects&nbsp;Robinhood to better monetize prediction market volumes, thanks to&nbsp;Rothera.
Last week, another analyst also hiked the price target on the Robinhood stock.
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On June 10, Needham raised its price target from $85&nbsp;to $97&nbsp;while maintaining a Buy rating&nbsp;on the stock, <a href="https://www.investing.com/news/analyst-ratings/needham-raises-robinhood-stock-price-target-to-97-on-strong-may-metrics-93CH-4737227" rel="noopener noreferrer nofollow">Investing.com reported</a>.
The analyst hiked the target&nbsp;following <a href="https://www.globenewswire.com/news-release/2026/06/09/3309323/0/en/robinhood-markets-inc-reports-may-2026-operating-data.html" rel="noopener noreferrer nofollow">May metrics</a> that showed significant acceleration in equities and event contracts even as crypto volumes declined.
Robinhood's crypto notional trading volume stood at $12.2 billion in May, up 4% from a year earlier.
The app handled $5.9 billion of that, down 50% year-over-year as retail crypto trading slowed. Bitstamp, the European exchange Robinhood <a href="https://robinhood.com/us/en/newsroom/robinhood-completes-acquisition-of-bitstamp/" rel="noopener noreferrer nofollow">acquired in 2025</a>, added $6.3 billion and now constitutes the larger share of crypto flow.
While&nbsp;Needham&nbsp;raised its equities and options estimates for Q2 2026, it lowered crypto projections as retail traders withdraw capital from crypto to invest in AI equities.
In fact, it raised Robinhood's revenue estimates for fiscal years 2026 and 2027 based on higher equities and options volumes and increased net interest revenues.
Needham said it views Robinhood as the most advanced financial services platform to become a financial super app.
The new price target is based on a target multiple of 27 times Needham’s discounted fiscal 2027 EV/EBITDA estimate.
The HOOD stock was exchanging hands at $99.61, up over 6% intraday at the time of writing.
<a href="https://www.thestreet.com/crypto/markets/rich-dad-poor-dad-author-makes-wild-gold-prediction" rel="noopener noreferrer nofollow">Related: 'Rich Dad Poor Dad' author makes wild gold prediction</a>

Another analyst raises Robinhood price target

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