HOOD · Robinhood Markets, Inc.

Robinhood Markets Inc HOOD

Operates a commission-free brokerage app for trading stocks, options, and cryptocurrencies.

Daily briefSeptember 1, 2026

Robinhood rises after Morgan Stanley upgrade on prediction-market growth

-1.24% to $103.51 from $104.81

Morgan Stanley raised Robinhood to Overweight from Equal Weight and increased its price target to $150 from $124.
Analyst Michael Cyprys pointed to Robinhood generating $156 million in prediction-market revenue in the second quarter from a product used by fewer than 2 million customers as evidence of growth beyond crypto.
Morgan Stanley cut its crypto forecasts but still raised its 2026-2028 earnings estimates for Robinhood by 12% to 15%.
Shares rose about 0.8% to $106.66 following the upgrade, after climbing 21% in August.

Sources: Yahoo Finance · Stocktwits · Schaeffer's Investment Research

Daily briefAugust 21, 2026

+13.70% to $108.13 from $95.10

Robinhood shares jumped as bitcoin surged past $75,000, with crypto-linked equities broadly rallying alongside it.
Sentiment was boosted by a White House cryptocurrency summit earlier in the week that included the CFTC and SEC chairs alongside executives from Coinbase, Robinhood, Ripple and Kalshi, fueling optimism over looser crypto market-structure regulation.
The rally follows Robinhood’s Aug. 10 launch of crypto trading for UK customers via Bitstamp UK, offering access to more than 50 digital assets.
Robinhood Ventures Fund II priced an IPO valuing the fund at $225.5 million before expenses.

Sources: 24/7 Wall St. · TheStreet · Benzinga

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