Robinhood Markets stock holds near USD 124 as targets stay high

Published on 09/23/2026 at 11:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Robinhood Markets stock opened at USD 124.25 on September 23, 2026, while 28 brokerages set a USD 130.70 average target. July revenue rose 32.5 percent.

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Robinhood Markets (ISIN US7707031024) opened at USD 124.25 on Nasdaq on September 23, 2026, while its market capitalization stood at USD 111.71 billion. The stock remains below its 52-week high of USD 153.86, but above the 52-week low of USD 63.51.

Analysts see further upside

According to MarketBeat on September 23, 2026, 28 brokerages assigned Robinhood an average Moderate Buy recommendation, with an average 12-month price target of USD 130.70. The target is USD 6.45 above the opening price, a gap of about 5.2 percent based on those two figures.

The Globe and Mail reported on September 22, 2026, that Bernstein analyst Gautam Chhugani maintained a Buy rating and set a USD 160.00 target. That target is USD 35.75 above the opening price, showing how sharply analyst expectations differ from the broader average.

July results support valuation

Robinhood's latest reported quarter ended in July 2026, according to MarketBeat. Revenue reached USD 1.31 billion, up 32.5 percent year over year, while quarterly earnings per share came to USD 0.62, compared with USD 0.42 in the same period a year earlier.

The earnings figure also exceeded the USD 0.44 consensus estimate by USD 0.18. Revenue was USD 20 million above the USD 1.29 billion consensus estimate, giving the valuation a concrete earnings backdrop as the stock trades at a market capitalization above USD 111 billion.

Stock remains below yearly high

Robinhood Markets traded at USD 123.80 in the latest quote dated September 21, 2026, with volume of 27.72 million shares and a 52-week range of USD 63.52 to USD 153.86, according to the company's market data page. The quoted price was 2.3 percent below that session's high of USD 126.75.

Robinhood Markets stock was valued at USD 124.25 at the Nasdaq opening on September 23, 2026. The USD 111.71 billion market capitalization and the distance from the USD 153.86 yearly high frame the central tension: quarterly growth is strong, while the share price still trades below its recent peak.