Retail trading firm Robinhood (HOOD) surprised Wall Street analysts this year, with shares surging over 217% since January. Yet, top analysts predict a further 34% rise in 2026 on prediction market efforts, revenue growth, and healthy transactional activity.
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On TipRanks, HOOD stock commands a Strong Buy consensus rating from the top 17 analysts who covered the shares in the last three months. This breaks down to 13 Buys and four Holds, and an average HOOD price target of $157.71, implying 33.51% upside from current trading levels.
Across Wall Street, recent ratings from 20 analysts suggest a Moderate Buy, with 15 Buys, four Holds, and one Sell. This comes with an average HOOD price target of $153, suggesting approximately 30% upside.
Will the Prediction Market Be a Game Changer?
On December 16th, Robinhood introduced several big updates to its prediction market features available on its AI-powered investment assistant, Cortex. This included, among other features, preset game combos — that is, bundled prediction market bets.
The prediction market represents Robinhood’s fastest-growing product line by revenue. Deutsche Bank analyst Brian Bedell backed the move, noting that the prediction markets are in the early stages of a “supercycle” and contract volumes could reach at least 1 trillion contracts by 2027 and over 5 trillion by 2029.
The five-star analyst reaffirmed his Buy rating on HOOD stock and raised his price target from $150 to $160, indicating approximately 36% upside.
Robinhood Could See ‘Sizable Growth’ in 2026
Similarly, Truist analyst David Smith maintained his Buy rating on HOOD stock, with the $155 price target implying about 30% upside. Smith pointed to Robinhood’s “sizable growth” and “attractive” scale economics, including achieving the second straight year of 50%-plus revenue growth. In addition, he believes Robinhood can sustain 20% annual revenue growth for years ahead.
Morgan Stanley Urges Caution But Says Transactions Healthy
Meanwhile, while Morgan Stanley analyst Michael Cyprys currently has a Hold rating on the stock, he recently raised his price target from $146 to $147, implying about 24% upside. Cyprys pointed to healthy transactional activities by brokers and exchanges in the ongoing fourth quarter.
However, the analyst’s projection for Robinhood’s earnings per share estimates for the quarter — which is expected around mid-February next year — is in line with consensus.
Should You Buy Robinhood Before 2026?
According to TipRanks’ top analysts, Robinhood stock is poised for a significant jump of 33.51% in 2026, with some forecasting more than 50% upside.
