CICC Initiates Robinhood (HOOD) Coverage with Outperform Rating, $155 PT

Robinhood Markets Inc. (NASDAQ:HOOD) is one of the best up and coming stocks to buy right now. On October 27, CICC initiated coverage of Robinhood with an Outperform rating and $155 price target.

In other news, Barron’s reported on the same day that Robinhood Markets’ robo-advisor, Robinhood Strategies, surpassed $1 billion in assets under management/AUM in just over 6 months following its launch. The platform’s CIO, Stephanie Guild, reported that Robinhood Strategies now has more than 180,000 funded accounts. This success in rapidly attracting assets contrasts with broader struggles within the robo-advisor sector.

CICC Initiates Robinhood Coverage with Outperform Rating, $155 PT

Earlier on October 14, Piper Sandler raised the firm’s price target on Robinhood to $155 from $140 while maintaining an Overweight rating on the shares. Piper Sandler found Q3 2025 performance for exchange and trading companies to be mixed.

Robinhood Markets Inc. (NASDAQ:HOOD) operates a financial services platform in the US. Its platform allows users to invest in stocks, ETFs, American depository receipts, options, gold, and cryptocurrencies.

While we acknowledge the potential of HOOD to grow, 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 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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