TLDR Robinhood stock climbed over 6% on Wednesday, briefly trading above $115, with a 31% gain over the past month. Piper Sandler kept a Buy rating and $135 priceTLDR Robinhood stock climbed over 6% on Wednesday, briefly trading above $115, with a 31% gain over the past month. Piper Sandler kept a Buy rating and $135 price

Wall Street Backs Robinhood (HOOD) Stock With Three Fresh Buy Ratings

2026/07/03 17:14
3 min read
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TLDR

  • Robinhood stock climbed over 6% on Wednesday, briefly trading above $115, with a 31% gain over the past month.
  • Piper Sandler kept a Buy rating and $135 price target; BTIG held Buy at $125; Mizuho raised its target to $130 from $115.
  • Robinhood now has over 1 million funded customers in Europe and plans to launch crypto in the UK.
  • The company launched its crypto platform in Canada with zero fees for 90 days and secured a brokerage license in Singapore.
  • Robinhood introduced Robinhood Chain, a blockchain network supporting AI-assisted token swaps and tokenized real-world assets.

Robinhood (HOOD) stock was up more than 6% on Wednesday, briefly crossing $115, as Wall Street analysts lined up to reaffirm bullish ratings and raise price targets. The stock has now gained around 31% over the past month.


HOOD Stock Card
Robinhood Markets, Inc., HOOD

Piper Sandler maintained its Buy rating with a $135 price target. BTIG also kept its Buy recommendation, holding a $125 target. Mizuho went a step further, raising its target to $130 from $115 while keeping a Buy rating — one of the more bullish moves among Wall Street firms this week.

Mizuho’s research note described Robinhood as having the potential to become the first true “hyperscaler” among online brokerages. The firm pointed to more than 27 million funded accounts and the platform’s strong pull among younger investors.

Analysts also stressed that Robinhood’s growth story isn’t limited to the US. Mizuho expects the company to deepen its European footprint before pushing further into Asian markets.

Global Expansion Picks Up Speed

On the international front, Robinhood confirmed it now serves over 1 million funded customers in Europe. It also announced plans to launch Robinhood Crypto in the UK, its next step in the regional rollout.

In Canada, Robinhood officially launched its crypto platform with zero trading fees for the first 90 days. It’s a classic land-grab move — offer free trading, build the user base, then monetize later.

The company also secured a brokerage license in Singapore, giving it a regulated base to grow from in Asia. That’s three new markets in a single news cycle, which helps explain the bullish tone coming from analysts.

AI and Blockchain Enter the Picture

Robinhood also introduced Robinhood Chain, a blockchain network that supports AI-assisted token swaps, liquidity discovery, and access to tokenized real-world assets.

The launch builds on the earlier rollout of Robinhood’s Agentic trading tools — AI-powered features that help users analyze markets and manage positions. The company says these tools have picked up traction since launch.

Together, the AI and blockchain moves point to Robinhood diversifying its revenue beyond retail brokerage. Analysts see those as potential new income streams down the road.

The combination of new markets, new products, and continued analyst support has kept investor sentiment positive heading into the second half of 2026. Mizuho, BTIG, and Piper Sandler all currently carry Buy ratings, with targets ranging from $125 to $135.

The post Wall Street Backs Robinhood (HOOD) Stock With Three Fresh Buy Ratings appeared first on CoinCentral.

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