Robinhood price target lowered to $130 from $152 at Goldman Sachs

Goldman Sachs analyst James Yaro lowered the firm’s price target on Robinhood (HOOD) to $130 from $152 and keeps a Buy rating on the shares. After normalizing for a lower tax rate, core EPS of about 61c came in 4% below Street estimates on slightly softer revenue, suggesting a mixed near-term reaction, the analyst tells investors in a research note. However, management struck a constructive 2026 tone, highlighting accelerating customer activity, strong net deposits growth, continued product expansion, and international momentum, while guiding to revenue growth outpacing expenses despite elevated investment spending, Goldman says.