# Wells Fargo Cuts Robinhood Price Target to $100 From $120 By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/42568 Published: 2026-10-28T12:10:49.000Z Updated: 2026-10-28T12:10:49.000Z Section: Investing > Robinhood's third-quarter revenue totaled $1.42 billion, while crypto revenue fell 55% year over year. Wells Fargo cut its price target for Robinhood to $100 from $120 on Oct. 28, a $20 reduction in the bank's benchmark for the trading platform. Robinhood's third-quarter revenue totaled $1.42 billion, while crypto revenue fell 55% year over year. Wells Fargo had set its Robinhood target at $120 in mid-October, when [analyst targets for the stock ranged from $120 to $134](). ## Links in this article - [analyst targets for the stock ranged from $120 to $134](https://www.tokenpost.com/news/investing/34381)