Morgan Stanley Raises Robinhood (HOOD) Stock Target to $150, Sees 43% Upside
TLDR
- Morgan Stanley upgraded Robinhood (HOOD) to Overweight (Buy) from Equal-weight (Hold)
- Price target raised to $150 from $124, implying 43% upside from current levels
- Analyst Michael Cyprys lifted 2026-2028 earnings estimates by 12% to 15%
- HOOD has 13 business lines each generating over $100 million in annualized revenue
- Wall Street overall holds a Strong Buy consensus with an average target of $125.11
Robinhood (HOOD) stock climbed about 3% in premarket trading on Tuesday after Morgan Stanley upgraded the stock and lifted its price target.
Analyst Michael Cyprys moved his rating to Overweight from Equal-weight and raised his price target to $150 from $124. That new target implies around 43% upside from recent prices.
HOOD was trading around $105 heading into Tuesday’s session, with the premarket move putting it closer to $108.
Cyprys said the upgrade comes down to one key idea: Robinhood’s platform is getting better at making money from the customers it already has, not just adding new ones.
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