Wells Fargo cuts target for Robinhood Markets stock from USD 125 to USD 120

Published on 10/15/2026 at 11:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Robinhood Markets stock costs EUR 88.58 on October 15, 2026. Wells Fargo cut its target from USD 125 to USD 120 before October 27 results.

Analyst targets and quarterly growth

Wells Fargo reduced its Robinhood target from USD 125 to USD 120 on October 14, 2026.
Second-quarter revenue reached USD 1.31 billion, up 32.00 percent year over year.
Robinhood Markets stock trades at EUR 88.58 at 11:03 a.m. CEST at Lang & Schwarz on October 15, 2026.

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At EUR 88.58, Robinhood Markets (ISIN US7707001027) was trading at Lang & Schwarz on October 15, 2026, at 11:03 a.m. CEST. According to MarketBeat, Wells Fargo cut its Robinhood target from USD 125.00 to USD 120.00 on October 14, 2026, while keeping an Equal Weight rating.

Three target changes shape the story

On July 29, 2026, Robinhood reported second-quarter revenue of USD 1.31 billion and adjusted earnings per share of USD 0.62, according to MarketBeat. On October 13, 2026, Truist raised its target from USD 130.00 to USD 134.00, as Yahoo Finance reported. Wells Fargo followed with a USD 5.00 cut on October 14, 2026.

What does USD 120 mean?

The Wells Fargo target is 4.00 percent below its previous USD 125.00 level and 7.45 percent below MarketBeat's USD 129.66 average target. That split gives the October 27 report a clear test: operating growth must support the higher end of market expectations while the latest target revision points to greater caution.

Results date is October 27

Robinhood will publish its third-quarter 2026 results after the market close on October 27, 2026, according to the company's Robinhood Markets. The release is scheduled for 5:00 p.m. ET, giving investors a dated checkpoint for revenue, earnings and trading activity.

Growth meets a wide valuation range

Robinhood's second-quarter revenue rose 32.00 percent from a year earlier to USD 1.31 billion, while funded customers reached 28.4 million and platform assets reached USD 369.0 billion, according to Yahoo Finance. The finance data snapshot placed Robinhood's market capitalization at USD 90.9 billion on October 14, 2026, with a 52-week range of USD 63.52 to USD 150.47. The figures frame the central tension around the stock: strong reported growth sits beside a broad trading range and differing analyst targets.