Argus Research Rates Robinhood Markets (HOOD) buy

Argus Research keeps a buy rating on Robinhood Markets with a $110 price target, a 5.38% upside from the current price.

By EarningsIQ Research Desk · Published Jun 17, 2026, 12:02 PM EDT · Updated Jun 24, 2026, 7:02 AM EDT

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Argus Research rated Robinhood Markets, Inc. ($HOOD) "buy" with a $110 price target on June 17, 2026.

Since the rating, $HOOD is down 7.6% after 1 week, down 5.0% after 1 month and down 6.0% to date (from the $105.20 close on Jun 17, 2026).

HOOD Robinhood Markets, Inc.

$98.87 -14.18% year to date

Daily close · Oct 16, 2026

Key Points

Argus Research analyst Stephen Biggar reiterated a buy rating on Robinhood Markets, Inc. (NasdaqGS: HOOD) with a $110 price target on June 17, 2026.
Argus Research's $110 price target implies 5.38% upside from Robinhood Markets, Inc.'s ($HOOD) current $104.39 share price.
Robinhood shares trade near $104.39, holding above their 200-day moving average of $93.91 while carrying a P/E ratio of 45.8.
The broader analyst community holds a consensus buy rating on the stock with a mean price target of $134.38 across 29 opinions.

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Argus Research Keeps Buy Rating on Robinhood Stock

On June 17, 2026, Argus Research analyst Stephen Biggar reiterated a buy rating on Robinhood Markets, Inc. (NasdaqGS: HOOD), setting a price target of $110. The call comes as Wall Street weighs the company's valuation and growth against a backdrop of active trading across its financial services platform. Argus takes a slightly more modest view than several peers, with its $110 target trailing the wider analyst average.

12-month forecast

$HOOD price target

Robinhood Markets, Inc. daily closes and this analyst's $110 target. Not advice.

Robinhood Stock Performance and Trading Levels

Robinhood shares recently traded at $104.39, sitting comfortably above their 200-day moving average of $93.91 though below the 50-day moving average of $108.24. The stock has experienced a wide trading range over the past year, reaching a 52-week low of $63.51 and a high of $150.47. The company currently commands a market capitalization of roughly $93.5 billion and trades at a P/E ratio of 45.8, with a forward P/E of 30.3.

Analysts Set New Price Targets

Wallhood's coverage features a mix of optimistic price targets from major financial institutions. On October 14, 2026, Wells Fargo maintains an Equal-Weight rating with a $120 target, down from its prior $125 target. On October 13, 2026, Truist Securities maintains a Buy rating, raising its target to $134 from $130. Evercore ISI Group initiated coverage on October 12, 2026, with an Outperform rating and a $130 price target. Morgan Stanley maintains an Overweight rating on October 9, 2026, lifting its target to $160 from $150. Barclays maintains an Overweight rating on October 7, 2026, boosting its target to $132 from $105. Bank of America Securities maintains a Buy rating on October 5, 2026, raising its target to $156 from $140. Wells Fargo also initiated an Equal-Weight rating with a $125 target on October 2, 2026, while Morgan Stanley reiterated an Overweight rating at $150 on September 30, 2026. Across 29 analyst opinions, the stock carries a consensus buy recommendation and a mean price target of $134.38.

Robinhood Platform and Business Model

Founded in 2013 and headquartered in Menlo Park, California, Robinhood Markets operates a digital platform that lets retail investors trade stocks, exchange-traded funds, and options. The platform supports fractional trading, recurring investments, and cash sweep accounts alongside educational resources. Vladimir Tenev leads the firm, which employs 2,900 people and generates revenue through transaction fees, net interest, and subscription services.

Looking Ahead for Robinhood

Investors will look toward the company's next earnings report, scheduled for October 27, 2026, for updates on user growth and trading volumes. Analyst adjustments and updated price targets will likely continue to shift as market conditions evolve. Rating actions reflect individual firm models and are not investment recommendations.