# Robinhood Analyst Targets Span $120 to $134 as Ratings Diverge By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/34381 Published: 2026-10-18T13:38:58.000Z Updated: 2026-10-18T13:38:58.000Z Section: Investing > Three analyst actions include one target cut and one increase; their targets apply to Robinhood shares, not Binance’s separate HOODUSDT contract. Robinhood Markets shares closed at $98.87 on Oct. 16 as three analyst actions put price targets between $120 and $134, with ratings and target changes moving in different directions. Evercore ISI analyst Adam Frisch opened coverage Oct. 12 with an Outperform rating and a $130 target. Truist Securities analyst David Smith kept his Buy rating and raised his target to $134 from $130 on Oct. 13. Wells Fargo analyst Daniel Welden retained Equal-Weight and lowered his target to $120 from $125 on Oct. 14. Frisch said Robinhood’s momentum “continues to impress, supported by a robust user and deposit base that’s rapidly scaling.” The three actions are a dated set of individual views, not a consensus range. They also do not share a stated forecast horizon, so the $120-to-$134 span does not indicate when any target is expected to be reached. An earlier round of analyst increases from Oct. 5-9 set targets between $132 and $160. Bank of America Securities analyst Craig Siegenthaler raised his target to $156 from $140, Barclays analyst Benjamin Budish lifted his to $132 from $105, and Morgan Stanley analyst Michael Cyprys raised his to $160 from $150. The new set includes a lower range and a target cut. More detail is available in [earlier coverage of Robinhood analyst targets](). The targets apply to Robinhood common shares. Binance’s HOODUSDT is a separate perpetual contract that tracks the stock, settles in USDT and trades around the clock. Holding the contract does not confer ownership of Robinhood shares, and its price can behave differently while the stock market is closed. Robinhood plans to release third-quarter results after the market closes Oct. 27. The company’s earnings call is scheduled for 5 p.m. ET (21:00 UTC). ## Links in this article - [earlier coverage of Robinhood analyst targets](https://www.tokenpost.com/news/investing/29547)