Wells Fargo cuts target for Robinhood Markets stock to USD 120 instead of USD 125
Published on 10/16/2026 at 09:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets and earnings dates
- Wells Fargo cut its Robinhood target from USD 125 to USD 120 on October 14, 2026.
- Robinhood reported USD 1.31 billion in second-quarter 2026 revenue and USD 0.62 adjusted earnings per share.
- Robinhood Markets stock trades at EUR 91.94 at 9:37 a.m. CEST at Lang & Schwarz on October 16, 2026.
Robinhood Markets (ISIN US7707001027) saw Wells Fargo cut its price target from USD 125 to USD 120 on October 14, 2026, while keeping an Equal Weight rating, according to MarketBeat. The decision puts the upcoming third-quarter report on October 27 at the center of the next valuation debate.
Three events reset expectations
Robinhood reported USD 1.31 billion in revenue for the second quarter of 2026 and adjusted earnings per share of USD 0.62 on July 29, 2026, against a USD 0.44 consensus estimate, according to MarketBeat. Revenue increased 32.50 percent year over year, giving analysts a stronger earnings base before the next report.
On October 9, 2026, Morgan Stanley raised its Robinhood target from USD 150 to USD 160 and maintained an Overweight rating, as MarketBeat reported. Wells Fargo then moved in the opposite direction on October 14, cutting its target by USD 5.
What does the target cut mean?
Wells Fargo's USD 120 target is USD 9.66 below the USD 129.66 consensus target cited by MarketBeat. That spread leaves the quarterly release as the next concrete test of whether transaction activity, crypto revenue and newer products can support the higher estimates.
Dates for the next report
FinancialContent reported that Robinhood will publish third-quarter 2026 results after the U.S. market close on October 27, 2026. The company also scheduled its management question platform to open on October 20, 2026.
The pre-market quote
Robinhood Markets stock was at EUR 91.94 at Lang & Schwarz on October 16, 2026 at 9:37 a.m. CEST, placing the stock in the pre-market phase for German investors. The next earnings date gives the valuation debate a firm timetable.
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 16, 2026, 9:37 a.m. CEST): EUR 91.94
- Market capitalization: USD 93.5 billion (as of October 15, 2026)
- Sector / Industry: Financial Services / Financial - Capital Markets
Market context: Market report S&P 500.
