Bernstein Maintains $130 Target for Robinhood as Insiders Sell $34 Million

Robinhood shares have fallen 53% from their 52-week peak of $153.86, now trading between $69 and $71. Bernstein SocGen Group maintains an Outperform rating and a $130 price target, forecasting a recovery in cryptocurrency markets and growth in prediction markets. Bernstein's 2026 revenue projections are 9% above the street consensus, while its earnings per share projections are 16% higher. For cryptocurrency-related revenue specifically, Bernstein anticipates 2026 figures 31% above consensus expectations.

Other analysts have adopted a more reserved posture. Morgan Stanley slashed its price target from $147 to $95, while Truist and Cantor Fitzgerald both lowered targets to $100. Mizuho lowered its target to $105 and Citizens adjusted its forecast to $155. Despite these cuts, the average target across 25 analysts remains $110.25.

Company insiders have offloaded 469,239 shares for approximately $34.16 million over the last three months. CEO Vladimir Tenev sold 375,000 shares. All transactions were executed through pre-established Rule 10b5-1 trading arrangements.

Institutional activity is mixed. Robeco Institutional Asset Management expanded its position by 83% in the last quarter, purchasing 474,081 shares to reach over 1 million shares. Cathie Wood’s ARK Invest also acquired HOOD stock in a multi-million dollar transaction.

Robinhood's fourth-quarter results showed a revenue miss, bringing in $1.28 billion against an estimate of $1.32 billion. The company's fourth-quarter EPS was $0.66, beating the $0.63 consensus. The platform expanded its retail trading revenue share to 14% in 2025, up from 11% in 2024. Robinhood now captures 4% of total brokerage revenue in its addressable market.