KeyCorp Cuts Robinhood Markets Price Target to $130

Analysts lower price target for the online brokerage firm amid market volatility

Published on Feb. 9, 2026

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KeyCorp, a major investment bank, has reduced its price target for Robinhood Markets (NASDAQ: HOOD) from $160 to $130, while maintaining an "overweight" rating on the stock. This comes as analysts assess the impact of recent market turbulence on the online brokerage platform.

Why it matters

Robinhood has been a disruptive force in the retail investing landscape, offering commission-free trading and a user-friendly mobile app that has attracted millions of new investors. However, the company's stock price has been volatile, reflecting the ups and downs of the broader market. This price target adjustment by KeyCorp suggests that analysts see near-term challenges for Robinhood, even as they remain bullish on the company's long-term potential.

The details

In a research note, KeyCorp analysts cited the recent market volatility as a factor in their decision to lower Robinhood's price target. The new $130 target still represents a potential upside of nearly 57% from the stock's previous closing price. Other analysts have also weighed in on Robinhood, with some maintaining "buy" ratings and others taking a more cautious stance.

  • KeyCorp issued the updated price target on Monday, February 9, 2026.

The players

KeyCorp

A major U.S. investment bank and financial services company.

Robinhood Markets

A financial services company that offers a mobile-first brokerage platform aimed at democratizing finance for retail investors.

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