Truist Lowers Robinhood (HOOD) PT to $130 Citing Falling Crypto Prices, Market Overreaction

• StockStory Top Pick HOOD +4.52%
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Robinhood Markets Inc. (NASDAQ:HOOD) is one of the most profitable new stocks to buy right now. On February 6, Truist lowered its price target for Robinhood from $155 to $130 and maintained a Buy rating. The adjustment was made as the stock experienced significant pressure alongside falling cryptocurrency prices; however, the firm believes the market reaction is excessive.

The firm pointed out that crypto accounts for only 19% of consensus revenue and 12% of growth, suggesting that Robinhood’s limited exposure allows it to maintain strong revenue and EPS growth even in a weakened crypto environment.

Earlier on January 8, Barclays maintained an Overweight rating on Robinhood Markets Inc. (NASDAQ:HOOD) while lowering the price target to $159 from $171. This adjustment was made as part of the firm’s broader target revision for brokers, asset managers, and exchanges ahead of Q4 2025 reporting. Despite the price target reduction, Barclays noted positive trends in the sector, including a sequential increase in volatility and higher sequential trading volumes across stocks, options, and futures.

Robinhood Markets Inc. (NASDAQ:HOOD) operates a financial services platform in the US. Its platform allows users to invest in stocks, ETFs, American depository receipts, options, gold, and cryptocurrencies.

While we acknowledge the potential of HOOD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.