Wells Fargo & Company Has Lowered Expectations for Robinhood Markets (NASDAQ:HOOD) Stock Price

Posted by Francis Steltz on Oct 14th, 2026

Robinhood Markets (NASDAQ:HOOD – Get Free Report) had its price objective lowered by stock analysts at Wells Fargo & Company from $125.00 to $120.00 in a report issued on Wednesday, Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price target would suggest a potential upside of 14.41% from the company’s current price.

Other analysts have also issued research reports about the company. Truist Financial boosted their price target on Robinhood Markets from $130.00 to $134.00 and gave the company a “buy” rating in a report on Tuesday. Citizens Jmp raised their price objective on Robinhood Markets from $155.00 to $165.00 and gave the stock a “market outperform” rating in a report on Friday, September 11th. Cantor Fitzgerald restated an “overweight” rating on shares of Robinhood Markets in a report on Tuesday, September 15th. Jefferies Financial Group lifted their target price on Robinhood Markets from $127.00 to $140.00 and gave the company a “buy” rating in a research report on Tuesday, September 8th. Finally, Loop Capital set a $135.00 target price on Robinhood Markets in a report on Tuesday, September 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.66.

Check Out Our Latest Analysis on Robinhood Markets

Robinhood Markets Trading Down 5.1%

Robinhood Markets stock traded down $5.63 during trading hours on Wednesday, hitting $104.89. The company had a trading volume of 4,991,302 shares, compared to its average volume of 26,850,414. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.22 and a current ratio of 1.22. The firm has a market cap of $94.30 billion, a P/E ratio of 46.30, a P/E/G ratio of 2.14 and a beta of 2.35. The company has a 50-day moving average price of $108.66 and a two-hundred day moving average price of $95.68. Robinhood Markets has a 1 year low of $63.51 and a 1 year high of $150.47.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.18. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. The company’s quarterly revenue was up 32.5% compared to the same quarter last year. During the same period last year, the company posted $0.42 earnings per share. On average, sell-side analysts anticipate that Robinhood Markets will post 2.14 earnings per share for the current year.

Insider Activity at Robinhood Markets

In other news, Director Baiju Bhatt sold 43,373 shares of Robinhood Markets stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $114.28, for a total value of $4,956,666.44. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Shiv Verma sold 11,472 shares of the business’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $110.42, for a total value of $1,266,738.24. Following the completion of the transaction, the chief financial officer directly owned 56,858 shares of the company’s stock, valued at approximately $6,278,260.36. The trade was a 16.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,089,658 shares of company stock valued at $127,966,018 over the last 90 days. Insiders own 13.48% of the company’s stock.

Institutional Investors Weigh In On Robinhood Markets

A number of institutional investors have recently added to or reduced their stakes in the stock. MV Capital Management Inc. acquired a new position in Robinhood Markets during the 4th quarter valued at about $27,000. C M Bidwell & Associates Ltd. purchased a new stake in shares of Robinhood Markets during the second quarter worth about $27,000. SHP Wealth Management purchased a new stake in shares of Robinhood Markets during the fourth quarter worth about $32,000. Copos Capital S.a r.l. acquired a new position in shares of Robinhood Markets during the fourth quarter valued at about $33,000. Finally, Cassaday & Co Wealth Management LLC acquired a new position in shares of Robinhood Markets during the first quarter valued at about $33,000. Institutional investors own 93.27% of the company’s stock.

More Robinhood Markets News

Here are the key news stories impacting Robinhood Markets this week:

Positive Sentiment: Analyst coverage turned more bullish. Evercore ISI initiated coverage with an Outperform rating and a $130 price target, citing Robinhood’s product “flywheel,” deposit monetization potential and multiple growth initiatives. Truist also raised its target from $130 to $134 and reiterated a Buy rating. These targets imply meaningful upside from the referenced share price. Evercore initiates coverage Truist raises price target
Positive Sentiment: Social trading is now broadly available in the United States. Robinhood opened its social-trading network to all eligible U.S. customers, allowing users to share trades and portfolios. The rollout could increase engagement, customer acquisition and assets on the platform. Robinhood expands social trading
Positive Sentiment: Blockchain activity is gaining scale. Robinhood reported approximately $15 billion in stock-token trading during the first 100 days of its blockchain initiative. The volume supports the company’s strategy to broaden trading products and develop new transaction-based revenue streams. Robinhood stock-token trading reaches $15 billion
Positive Sentiment: Earnings expectations remain supportive. Recent commentary points to Robinhood’s strong second-quarter beat-and-raise performance, improving earnings estimates and potential growth from crypto, prediction markets and other products ahead of its October 27 quarterly report. Robinhood earnings outlook

About Robinhood Markets

(Get Free Report)

Robinhood Markets, Inc (NASDAQ: HOOD) operates a financial services platform designed to provide investing and trading products through mobile applications and a website. Its offerings include commission-free trading in stocks and exchange-traded funds, options trading, cryptocurrency services, margin investing, and retirement accounts. The company also provides cash management features and other tools intended to help customers manage and invest their money.

Founded in 2013 by Vlad Tenev and Baiju Bhatt, Robinhood gained prominence by expanding access to investing through a low-cost, easy-to-use digital platform.