Why did Robinhood Markets shares rise?

Robinhood Markets shares rose more than 6% after Piper Sandler, BTIG and Mizuho reaffirmed Buy ratings and set price targets between US$125 and US$135. The firms cited international expansion, cryptocurrency services and artificial intelligence products as growth drivers.

What price targets have analysts set for Robinhood Markets?

Piper Sandler maintained a US$135 price target for Robinhood Markets, while BTIG kept a US$125 target. Mizuho raised its target to US$130 from US$115 while maintaining a Buy rating.

How is Robinhood Markets expanding its cryptocurrency business?

Robinhood Markets said it is expanding its cryptocurrency business by launching crypto services in the United Kingdom and Canada, securing a brokerage licence in Singapore and developing Robinhood Chain for tokenised assets.

What role does artificial intelligence play in Robinhood Markets' strategy?

Robinhood Markets has introduced artificial intelligence-powered trading tools designed to help users analyse markets and manage investments. Analysts said these products could support additional revenue opportunities alongside the company's blockchain initiatives.

Why are analysts positive about Robinhood Markets' long-term outlook?

Analysts said Robinhood Markets benefits from more than 27 million funded accounts, over one million funded customers in Europe and ongoing international expansion. They believe the company's investments in cryptocurrency, blockchain and artificial intelligence could diversify revenue beyond retail brokerage services.

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Robinhood gains as analysts lift targets

Written by Mahathir BayenaPublished Jul 3, 2026, 3:30 AM

Robinhood shares rose more than 6% as Wall Street firms reaffirmed Buy ratings and set price targets as high as US$135.
Analysts cited international expansion, cryptocurrency services and artificial intelligence products as key drivers of future growth.
Robinhood said it is expanding its crypto and brokerage businesses across Europe, Canada and Asia while developing blockchain-based products.

Robinhood Markets rose more than 6% after Piper Sandler, BTIG and Mizuho reiterated Buy ratings, with price targets ranging from US$125 to US$135.

Piper Sandler maintained a US$135 target, BTIG kept a US$125 target and Mizuho raised its target to US$130 from US$115, citing Robinhood's expanding customer base, international growth and broader product offering.

Analysts said Robinhood's growth strategy includes expanding cryptocurrency services into the United Kingdom and Canada, securing a brokerage licence in Singapore, launching Robinhood Chain for tokenised assets and introducing artificial intelligence-powered trading tools.

Wall Street firms said these initiatives could diversify Robinhood's revenue beyond retail brokerage services, and following the research updates Robinhood shares traded above US$115 during the session.

According to Mizuho, Robinhood now has more than 27 million funded accounts and more than one million funded customers in Europe, with analysts expecting further expansion across European and Asian markets.

Analysts cautioned that broader market volatility could still affect short-term performance, but said Robinhood's investment in cryptocurrency, blockchain infrastructure and artificial intelligence supports its long-term growth strategy.