BTIG raised its price target on Robinhood Markets (HOOD) to $135 from $125 and maintained a Buy rating. The revision followed the company’s release of September month-to-date trading metrics, which pointed to a solid third quarter.
Through September 24, Equity Notional Trading Volumes were approximately $267 billion. Crypto Notional Trading Volumes were about $17 billion.
Robinhood is also kicking off its HOOD Summit ’26 in Houston. CEO Vlad Tenev is expected to deliver a keynote on updates for active traders.
Shares dipped nearly 1% in overnight trading after the metrics were released. Keefe, Bruyette & Woods raised its price objective to $115 from $100 and maintained a market perform rating.