Morgan Stanley Raises HOOD Price Target to $160

Morgan Stanley maintains its Overweight rating on Robinhood with a price target increase to $160, a 61.59% upside from the current price.

By EarningsIQ Research Desk · Published Oct 16, 2026, 2:02 PM EDT

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Morgan Stanley raised its price target on Robinhood Markets, Inc. ($HOOD) to $160 from $150 on October 9, 2026, and rates the stock "Overweight".

Since the rating, $HOOD is down 9.3% after 1 week and down 9.3% to date (from the $109.02 close on Oct 9, 2026).

HOOD Robinhood Markets, Inc.

$98.87 -14.18% year to date

Daily close · Oct 16, 2026

Key Points

On October 9, 2026, Morgan Stanley reiterated its Overweight rating on Robinhood Markets, raising the price target from $150 to $160.
Morgan Stanley's $160 price target implies 61.59% upside from Robinhood Markets, Inc.'s ($HOOD) current $99.02 share price.
Robinhood shares recently traded at $99.02, which is about 38.1% below Morgan Stanley's updated price target.
The stock's performance shows it is currently below its 50-day moving average by 8.5% but above its 52-week low by 55.9%.

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Morgan Stanley has reiterated its Overweight rating on Robinhood Markets, Inc. (NasdaqGS: HOOD) and raised its price target from $150 to $160 on October 9, 2026. The stock is currently trading at $99.02 as of October 16, 2026, which is significantly below the new target.

Morgan Stanley's Call on Robinhood

Morgan Stanley's latest rating maintains a positive outlook on Robinhood, reflecting confidence in the company's growth potential. The updated target price of $160 suggests a potential upside from the recent trading level, which is about 38.1% lower than the target.

Other Institutional Activity in Robinhood

Several other institutional investors are holding significant shares in Robinhood. Blackrock Inc. holds 67,787,066 shares valued at approximately $6.7 billion, having increased its stake by 4,327,914 shares. Vanguard Capital Management LLC owns 51,655,498 shares worth about $5.1 billion, with a slight increase of 328,493 shares. Vanguard Portfolio Management LLC has 37,313,830 shares valued at roughly $3.7 billion, while State Street Corporation holds 34,671,148 shares, a rise of 1,298,207 shares. FMR, LLC has the smallest increase, with 29,907,700 shares valued at about $2.96 billion, having added 11,850,765 shares.

Robinhood Markets, Inc. Stock Down 2.0%

Robinhood's stock recently traded at $99.02, which is 8.5% below its 50-day moving average of $108.24 but 5.4% above its 200-day average of $93.91. The shares are also about 34.2% below the 52-week high of $150.47, while remaining above the 52-week low of $63.52 by 55.9%. This positioning suggests room for growth if the stock can recover toward its analysts' target.

12-month forecast

$HOOD price target

Robinhood Markets, Inc. daily closes and this analyst's $160 target. Not advice.

Recent Earnings

For the trailing twelve months, Robinhood reported revenue of approximately $4.93 billion, with an earnings per share (EPS) of $2.27. The company has shown a year-over-year revenue growth of 32.3% and a net margin of 42.0%. Robinhood is expected to announce its next earnings report on October 27, 2026.

Insider Buying and Selling at Robinhood Markets, Inc.

CEO Vladimir Tenev has sold shares recently, with transactions totaling 875,000 shares across several dates. On October 5, he sold 375,000 shares valued at about $42.6 million. Earlier, he sold 259,166 shares on September 21 and 240,834 shares on September 22, totaling around $32.5 million and $30.2 million, respectively. Officer Daniel Martin Gallagher Jr. also sold 10,000 shares for approximately $1.1 million on the same day.

Analysts Set New Price Targets

In addition to Morgan Stanley's actions, Wells Fargo initiated coverage with an Equal-Weight rating and a target of $125 on October 2, 2026. B of A Securities maintained a Buy rating with a target of $156, up from $140, on October 5, 2026. Barclays also maintained an Overweight rating, increasing its target to $132 from $105 on October 7, 2026. The current consensus among analysts suggests a mean price target of about $134.38, indicating further upside potential.

About Robinhood Markets

Robinhood Markets, Inc. operates a financial services platform that allows users in the U.S. to invest in stocks, ETFs, and more. The company offers various features like fractional trading and margin access, making investing accessible to a broader audience. This recent analyst activity reflects ongoing interest in the company's future performance as it navigates the competitive financial services landscape.

Bottom Line

Investors should watch for Robinhood's next earnings report on October 27, 2026, and any further analyst updates following Morgan Stanley's recent rating reaffirmation. The gap between the stock's current price and the new target could signal opportunities for investors looking to capitalize on potential growth.