Mizuho lowered the firm’s price target on Robinhood (HOOD) to $110 from $135 and keeps an Outperform rating on the shares. The company’s February update showed “steady customer growth and mixed trading activity,” the analyst tells investors in a research note. The firm says Robinhood trading was softer sequentially in equities and options but strong in crypto. Mizuho cut its fiscal 2026 revenue expectation by 2% for Robinhood to reflect a “more muted” trading backdrop giving global uncertainty and lower crypto prices. It also cut the stock’s multiple citing the softer retail trading backdrop.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HOOD:
- Robinhood (HOOD) Stock Drops after Reporting Mixed Trading Activity for February
- Robinhood reports February total platform assets $314B
- Crypto Currents: CFTC affirms crypto oversight alignment with SEC
- Mixed options sentiment in Robinhood with shares down 3.95%
- Why Is the SPY ETF Down Today, 3/11/2026?