Wells Fargo cuts Robinhood target from USD 125 to USD 120 for Robinhood Markets stock
Published on 10/19/2026 at 10:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEarnings and valuation markers
- Wells Fargo cut its target from USD 125 to USD 120 on October 14, 2026.
- Second-quarter 2026 revenue reached USD 1.31 billion, up 32.00 percent year over year.
- Robinhood Markets stock trades at EUR 89.72 at 10:10 a.m. CEST at Lang & Schwarz on October 19, 2026.
- Third-quarter results are scheduled for October 27, 2026, after the market close.
Robinhood Markets stock (ISIN US7707001027) trades at EUR 89.72 at Lang & Schwarz on October 19, 2026 at 10:10 a.m. CEST. Wells Fargo cut its target from USD 125 to USD 120 on October 14, 2026, while keeping an Equal Weight rating, as reported by Yahoo Finance.
Target cut meets strong results
The analyst action arrives ahead of Robinhood's third-quarter report. The company had generated USD 1.31 billion of revenue in the second quarter of 2026, up 32.00 percent from the same period a year earlier, while net income reached USD 573.00 million, according to Ticker Scout.
That result gives the upcoming report a high benchmark. Second-quarter diluted earnings per share were USD 0.62, and operating cash flow was USD 720.00 million for the period ended June 30, 2026.
Three events set the timeline
On June 1, 2026, Robinhood acquired WonderFi for USD 178.00 million in cash, as documented by Ticker Scout. On July 29, 2026, the company reported second-quarter revenue of USD 1.31 billion and net income of USD 573.00 million in the same filing summary. On October 14, 2026, Wells Fargo reduced its price target from USD 125 to USD 120 while retaining Equal Weight, as reported by Yahoo Finance.
When are the next dates?
Robinhood will publish third-quarter 2026 results after the US market close on October 27, 2026, followed by a management call at 5:00 p.m. ET. Shareholder questions open on October 20, 2026, according to the company release carried by Nasdaq.
Valuation faces a fresh test
At the close of October 16, 2026, Robinhood had a USD 90.2 billion market capitalization and a USD 65.16 to USD 147.08 52-week range. The current euro quote sits within that primary-market valuation frame, but the analyst target cut adds a more cautious counterweight before the next operating update.
Robinhood stock before results
Robinhood Markets is listed on Nasdaq under HOOD and operates a financial-services platform spanning brokerage, crypto, advisory and digital banking services. The company reported 28.6 million funded customers and USD 384.0 billion in total platform assets as of August 31, 2026. The stock was trading at EUR 89.72 at Lang & Schwarz on October 19, 2026 at 10:10 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Robinhood Markets stock.
Robinhood Markets stock facts
- Company: Robinhood Markets, Inc.
- ISIN: US7707001027
- Ticker: HOOD
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 19, 2026, 10:10 a.m. CEST): EUR 89.72
- Market capitalization: USD 90.2 billion (as of October 16, 2026)
- 52-week range: USD 65.16-147.08 (as of October 16, 2026)
- Sector / Industry: Financial Services / Capital Markets
- Index membership: S&P 500
Market context: Market report S&P 500.
