7/103 sources · 3 publishersUpdated Oct 8, 21:01 UTC
Bank of America lifts Robinhood price target to $156
Bank of America Securities raised its price target for Robinhood Markets (HOOD) to $156 from $140 and kept a Buy rating. The firm also upgraded its earnings forecasts, projecting Q3 2026 EPS of $0.55 and full‑year 2026 EPS of $2.24. The revision reflects stronger trading activity and higher net‑interest‑income expectations. The stock closed at $114.11 on October 5, up 1.22%.
Why it matters
BofA’s higher target suggests potential upside of about 37% from the current price, which may attract buying interest (BofA’s note). The upgraded EPS forecasts could lift expectations for future profitability.
Key facts
- 1BofA raised the price target to $156 from $140. investing.com
- 2BofA maintained a Buy rating on the stock. investing.com
- 3BofA now projects Q3 2026 EPS of $0.55, up from $0.52. investing.com
- 4BofA now projects full‑year 2026 EPS of $2.24, up from $2.16. investing.com
- 5Robinhood’s closing price on October 5 was $114.11. finance.yahoo.com
- 6Insider sell activity over the past three months totals $129,365,919. gurufocus.com
Summary written by AlphAI from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.