Compass Point lowered the firm’s price target on Robinhood (HOOD) to $107 from $108 and keeps a Buy rating on the shares. The firm views the post-earnings selloff in shares of Robinhood as “backwards looking” given its improving trends in April. Robinhood’s commentary for April implies equities and options volumes are trending at least 10% higher quarter-over-quarter while its April prediction market volumes also exceeded expectations, the analyst tells investors in a research note. Compass believes that after rebasing its 2026 forecasts lower, Robinhood is in a better position to begin exceeding estimates again.
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