Truist Financial Cuts Robinhood Stock Price Target

Analysts Reduce Price Objective on Robinhood Markets Shares

Apr. 13, 2026 at 5:27pm

Got story updates? Submit your updates here. ›

A highly detailed, cinematic close-up image of various metal and electronic components that make up the complex machinery and computer systems behind online trading platforms, conveying the intricate financial infrastructure supporting the democratization of retail investing.

An extreme close-up of the complex technological backbone powering online trading platforms like Robinhood highlights the financial industry's evolving infrastructure.Menlo Park Today

Truist Financial analysts have lowered their price target for Robinhood Markets (NASDAQ:HOOD) stock from $120 to $100, while maintaining a 'buy' rating on the shares. The move comes as other analysts have also recently adjusted their forecasts for the online brokerage platform.

Why it matters

Robinhood's stock price has been volatile since its public debut, with the company facing challenges around user growth, regulatory scrutiny, and competition from larger financial firms. Analyst price target changes can significantly impact investor sentiment and trading activity around the stock.

The details

In a report released on Monday, Truist Financial analysts reduced their price objective on Robinhood Markets shares from $120 to $100, though they maintained a 'buy' rating on the stock. The new $100 price target still represents a potential upside of over 41% from the stock's current trading price. Other analysts have also recently adjusted their forecasts for Robinhood, with New Street Research setting a $122 price target and Keefe, Bruyette & Woods initiating coverage with a 'market perform' rating and $75 price objective.

Truist Financial released their updated report on Robinhood on Monday, April 13, 2026.

The players