Robinhood Markets, Inc. (NASDAQ:HOOD) is likely one of the high shares Grok really helpful. On August 1, Mizuho raised the worth goal on Robinhood Markets, Inc. (NASDAQ:HOOD) from $99 to $120, sustaining its Outperform score on the inventory.
Mizuho analyst Dan Dolev elevated the worth goal of HOOD following file Q2 2025 outcomes. The corporate posted income of round $989 million, up by 45% year-over-year and exceeding estimates by $75.67 million. The gross sales had been pushed by sturdy enterprise development and better buying and selling volumes. Robinhood achieved a file variety of internet deposits, making it the third highest quarter ever, with greater than $10 billion in internet deposits for the sixth consecutive quarter. Furthermore, the Bitstamp acquisition will now develop Robinhood’s institutional enterprise, contributing to its world monetary community.
An overhead aerial shot of a bustling monetary buying and selling ground, centered on the shopping for and promoting of shares.
Dolev sees this huge quarter and accelerating year-over-year development to be nice information for the corporate. The analyst sees Robinhood’s concentrate on asset tokenization and increasing into lending as “notably attention-grabbing.”
Whereas we acknowledge the potential of HOOD as an funding, we consider sure AI shares supply larger upside potential and carry much less draw back danger. In the event you’re on the lookout for an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring pattern, see our free report on the finest short-term AI inventory.
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Disclosure: None. This text is initially revealed at Insider Monkey.
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