Cantor Fitzgerald Lifts Robinhood (HOOD) PT, Keeps Overweight Rating

Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the 11 Best Under-the-Radar Stocks to Buy Right Now. On August 14, Cantor Fitzgerald increased the price target for Robinhood Markets, Inc. (NASDAQ:HOOD) from $118 to $128 and kept an Overweight.

This decision came after the company reported operating data for July 2025. Cantor Fitzgerald highlighted that Robinhood Markets, Inc. (NASDAQ:HOOD) had an “extremely strong month” with equity volumes and option contracts reaching new monthly records, both rising about 17% month-over-month to surpass Cantor’s expectations of 6% growth.

Cantor Fitzgerald Lifts Robinhood (HOOD) PT, Keeps Overweight Rating

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Robinhood Markets, Inc. (NASDAQ:HOOD) also reported that cryptocurrency trading volume on the platform surged 110% month-over-month, beating the expected12% growth. Total Platform Assets reached $298 billion, up 7% month-over-month and 106% year-over-year.

Based on these strong results for July 2025, Cantor Fitzgerald raised its revenue estimates for Robinhood Markets, Inc. (NASDAQ:HOOD) for 2025 by 6.1% and for 2026 by 8.3%. The firm also increased EBITDA estimates by 10.8% in 2025 and 13.2% in 2026. However, Cantor Fitzgerald expects volumes to decline month-over-month in both August and September.

Robinhood Markets, Inc. (NASDAQ:HOOD) is an American financial services and technology company that allows users to invest in stocks, options, futures, and cryptocurrencies through its platform.

While we acknowledge the potential of HOOD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HOOD and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.