Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the 10 Most Promising Fintech Stocks to Buy Now.
On July 7, Compass Point lifted its price target on Robinhood Markets, Inc. (NASDAQ:HOOD) from $107 to $130 and kept its Buy rating on the stock
The research firm expects the company to report an 18% EBITDA beat in Q2, supported by stronger volumes and take rates. The last time Robinhood Markets, Inc. (NASDAQ:HOOD) exceeded analyst expectations was in the third quarter of 2025, when the stock was trading near $130. Robinhood Markets, Inc. (NASDAQ:HOOD) experienced a sharp decline after missing Wall Street expectations in two straight quarters.
However, since its Q1 earnings miss, the stock has now rebounded. Compass Point believes Robinhood Markets, Inc. (NASDAQ:HOOD) has room to outperform expectations in the second half of 2026, supported by higher take rates, prediction volumes, and savings from the company’s 10% workforce reduction, which was announced on June 16, 2026. Prediction volumes for the second quarter were 57% higher than in the fourth quarter of 2025, despite a seasonally softer sports calendar.