Analyst Raises Robinhood Stock Price Target to $145 But HOOD Retreats

Morgan Stanley upgraded Robinhood (HOOD) to Overweight, raising its price target to $150. The firm cites Robinhood's expanding product ecosystem, including prediction markets, as drivers for increased customer revenue. Robinhood's Q2 event-contract volume surged to 13.6 billion, with revenue from these contracts reaching $156 million. However, trading activity remains a key risk due to its significant contribution to revenue.

Morgan Stanley upgraded Robinhood (HOOD) to Overweight, setting a $150 price target, citing improved revenue per user. Bernstein also reiterated its Outperform rating with a $160 target. Robinhood's Q2 2026 revenue rose 32% YoY to $1.31B, with net income up 48% to $573M. Event contracts and prediction markets revenue surged, while crypto trading revenue fell 38% to $100M, according to the company.

Morgan Stanley upgraded Robinhood (HOOD) to Overweight, raising its price target to $150 from $124. Analyst Michael Cyprys cited growth in prediction markets, which generated $156M in Q2 revenue. Robinhood's prediction market revenue surpassed stock and crypto trading. Morgan Stanley increased its earnings estimates for 2026-2028 by 12%-15% and expects revenue to grow 23% annually to $8B by 2028.

Morgan Stanley upgraded Robinhood (HOOD) to overweight, raising its target to $150 from $124, citing undervalued revenue potential from existing customers. Analyst Michael Cyprys highlighted increased assets, activity, and monetization per customer, along with the company's derivatives exchange, Rothera. The upgrade comes amid falling crypto volumes, with 22 of 28 analysts rating HOOD a buy or strong buy.

Morgan Stanley upgraded Robinhood (HOOD) due to its growth outlook. The stock rose in August, recovering from a drop after Q2 earnings beat expectations. The gain moved shares toward a buy point. According to Morgan Stanley, the company's growth prospects improved.

Morgan Stanley upgraded Robinhood (HOOD) to Overweight, raising its price target to $150 from $124, citing improved customer economics and multiple revenue streams. The bank expects 23% revenue CAGR through 2028 and higher EBITDA margins.