HOOD Stock Plunges as Goldman Sachs Sets New Price Target for Robinhood

HOOD stock of commission-free stock and trading platform Robinhood Markets saw significant downward pressure following an adjustment to its price target by Goldman Sachs. This comes after the company release Janauary monthly metrics.

HOOD Stock Gets Buy Rating, Price Target Cut From Goldman Sachs

Goldman Sachs analyst James Yaro has reduced HOOD stock price target from $130 to $111, while reaffirming a “buy” rating on Robinhood. Wall Street analyst joins other analysts to cut the price target after a disappointing Q4 earnings report and bearish pressure in the crypto market.

This comes as Robinhood disclosed its monthly metrics, reporting 27.2 million funded customers at the end of January, an increase of 190,000 from December. Also, the total platform assets jumped were $324 billion, rising 1% from December and spiking 59% YoY.

Robinhood recorded $4.5 billion in net deposits for the month, representing a 17% annualized growth rate compared to December’s total platform assets.

Equity notional trading volumes increased 21% from December and surged 57% YoY. Crypto notional trading volumes increased 8% from December to $22.9 billion, representing 12% growth from last year. Robinhood also reported 200 million in options contracts traded, which was flat from December but up 20% YoY.

Goldman Sachs analyst noted that platform activity remained robust, as Robinhood app downloads increased 30% month over month. He added that daily commission rose 13% to $10 million, which prompted an update to January-adjusted estimates.

ROBINHOOD $HOOD JUST POSTED ITS JANUARY METRICS

– 27.2 Million funded customers
– $324 Billion Total Platform Assets pic.twitter.com/DiAJ6Cq3T8

— Evan (@StockMKTNewz) February 19, 2026

Robinhood Stock Falls Over 5%

HOOD stock tanked 5.69% to $71.78 on Monday as traders reacted to the latest crypto market crash and Bitcoin price slump below $63K again. The intraday low and high were $71.42 and $74.95, respectively. Trading volume continues to stay above the average of 27 million in recent trading days.

The stock is now down more than 36% YTD on Robinhood Q4 revenue miss. HOOD stock price has remained in a downtrend since October.

As CoinGape reported earlier, Mizuho Securities also cut its 12-month price target on HOOD stock from $172 to $135, while retaining an ‘outperform’ rating. The firm sees Robinhood’s strengths in user engagement and new opportunities.

Cantor Fitzgerald also reaffirmed an “overweight” rating and set a $130 price target. HOOD stock has an average target of $128. Meanwhile, economist and technical analyst Donald Dean predicts trend to continue lower along with crypto and retail trading volumes. He spotlights a lower support near $66.91.