Robinhood Gets Wall Street’s Attention as Morgan Stanley Bets on 43% Upside
TL;DR:
- Rating upgrade: Morgan Stanley raised its recommendation for Robinhood Markets (NASDAQ: HOOD) from Equal-Weight to Overweight at the start of September 2026.
- New price target: The financial institution increased its price target for the stock from $124 to $150, representing a 43% upside potential compared to the previous close.
- Record DEX volume: The Robinhood Chain infrastructure recorded a decentralized volume of approximately $874.8 million on August 30, 2026.
Robinhood welcomed September with a new rating, as investment bank Morgan Stanley upgraded it to Overweight while setting a price target of $150 per share, up from the previous $124.
The institutional update had an immediate effect on the company’s share price during the first hours of market trading. The move follows an August 2026 in which the stock accumulated a 21% gain.
According to the report prepared by Morgan Stanley analyst Mike Cyprys, the platform presents additional growth drivers extending beyond traditional retail trading volume. The research firm argues in its document that operational diversification reduces exclusive dependence on the cryptocurrency and conventional equities cycles.
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