Wall Street experts mostly looked previous Robinhood’s fourth-quarter income miss out on, focusing rather on the fintech trading platform’s future development profile. Robinhood provided fourth-quarter income of $1.28 billion, listed below agreement quotes requiring $1.35 billion, according to FactSet. Revenues of 66 cents per share surpassed expectations of 63 cents. Shares of Robinhood toppled 9% early Wednesday. The stock was currently 24% lower on the year through Tuesday. Experts indicated softening net brand-new properties (NNAs) as an aching area in the most recent set of Robinhood financials. However Barclays expert Benjamin Budish composed that the downturn currently looked much better in February. “The most substantial information point in our view is NNAs, which decreased in December and got decently in January. February looks off to a more powerful start, especially with NNAs, though commentary on trading volumes was unclear concerning [market] share,” he composed. Wall Street experts as an entire normally waited their bullish positions on Robinhood, rather highlighting the business’s capacity to broaden future income. “Management struck a positive tone on the 2026 outlook, and anticipate income development to continue to go beyond expenditure development, offered most of costs remain in financial investment,” composed Goldman Sachs expert James Yaro. At Deutsche Bank, expert Brian Bedell composed that, “While January trading metrics for core property classes were tracking listed below our previous quotes on a run rate basis, early February patterns indicate a considerable reacceleration, and most notably, we see management’s enthusiastic 2026 item roadmap as a more accelerant for consecutive income development throughout this year,” Bernstein expert Gautam Chhugani sees another tailwind for Robinhood in its forecast markets organization, which might “spring a huge 2026 surprise” and is currently on track to ending up being a billion-dollar yearly organization. He likewise anticipates a healing in the existing crypto market beginning in the 2nd quarter of the year. “Trip out the crypto jitters– it’s short-lived,” Chhugani composed. “We would ride out the crypto volatility and see no point in turning unfavorable on the stock more detailed to the bottom.” Bottom line, the majority of experts kept their long-lasting bullish position on Robinhood, although JPMorgan and Morgan Stanley were exceptions in sticking by their neutral rankings. Numerous experts likewise reduced their rate targets. Here’s how Wall Street’s greatest stores responded. JPMorgan: neutral ranking, $113 rate target JPMorgan’s rate target, below $130, indicates about 32% upside from Robinhood’s Tuesday close of $85.60. “We believed the outcomes were weaker than prepared for, with some essential KPIs [decelerating], consisting of deposits, gold customers, and account development. Reported net deposits of $15.9 bn (19% annualized development) were light vs. expectations (JPM [estimate] $18.5 bn, agreement $19.4 bn). We believe the 4Q25 outcomes were emblematic of Robinhood’s general development still being excellent however slowing down from previous outcomes over the last 12-18 months.” Barclays: obese, $124 Barclays’ rate target, reduced from $159, represents advantage of 45%. “Incomes missed out on (take rates, sec loaning, and so on), more than balancing out somewhat lower opex. The business stays concentrated on its enthusiastic LT objectives with more to come in F26 however we anticipate the current downturn in [net new assets] development, amongst a couple of other KPIs, to weigh on shares in tomorrow’s tape.” Goldman Sachs: purchase, $130 Goldman Sachs’ target, below $152, requires 52% upside moving forward. “Based upon the outcomes, and the upgraded outlook, we lower 2026E/27E adjusted EPS by 7%/ 3%, and present 2028E EPS. We reduce our Q5-Q8 P/E target several (rolled forward one quarter) by 8.5 x to 45.5 x, showing lower market multiples, leading to our 12-month rate target reducing by 14% to $130.” Deutsche Bank: purchase, $130 The bank cut its rate target from $155. “Secret takeaway: Blended 4Q, however income must rebound thru 2026. We see HOOD’s 4Q25 outcomes as being combined general, with computed “core” EPS of $0.57 being listed below our $0.61 quote and Agreement of $0.63 (after changing for a 9-cent tailwind from lower-than-expected tax rate of 8.5% vs. our 21.0% quote), and changed EBITDA of $761mn was listed below our $815mn (Agreement of $833mn).” Morgan Stanley: equal-weight, $147 Morgan Stanley’s projection is 72% above Robinhood’s Tuesday close. “HOOD gets in ’26 with strong item speed that can support development. Social and Cortex present set to deepen engagement, UK ISA broadens int’ l appeal, and forecast markets + Rothera JV enhance UX & & economics. However softening NNA, crypto, forecast mkts, might weigh NT.” Bernstein: outperform, $160 Bernstein’s projection indicates advantage of 87%. “HOOD stated Q4 numbers. Q4 income missed out on quotes by 4%, with a 6% beat on EPS at $0.67. Complete year EPS at $2.12 beat quotes by 2%. The leading line weak point driven by crypto weak point was anticipated and stock is currently down 24% YTD (over night down another 9%). Forecast markets clocked brand-new records, now at $435mn ARR. General organization metrics stayed strong– Moneyed accounts, Gold users, Gold cards all reaching brand-new highs.”
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