Citizens Remains Bullish on Robinhood Markets (HOOD) Amid Leadership Changes

Robinhood Markets, Inc. (NASDAQ:HOOD) is included in our list of the best crypto-related stocks to invest in.

Citizens Remains Bullish on Robinhood Markets (HOOD) Amid Leadership Changes

On November 13, 2025, Citizens reiterated its “Market Outperform” rating on Robinhood Markets, Inc. (NASDAQ:HOOD) with a $180 price target. The investment firm believes the transition from CFO Jason Warnick to the new CFO Shiv Verma will maintain the company’s “high-integrity foundation.” Citizens also highlighted the company’s operating system design. The design allows multiple growth engines to scale in parallel while balancing innovation and operational efficiency, reinforcing analyst confidence.

Meanwhile, Robinhood Markets, Inc. (NASDAQ:HOOD) reported its third-quarter results on November 5, 2025. The quarter saw revenue double to $1.27 billion (+100% YoY), net deposits surpass $20 billion, and Gold subscriptions rise to 3.9 million, a 77% increase. In particular, prediction markets and Bitstamp exceeded $100 million annualized revenue and trading volumes across equities, options, and crypto set new records. Average revenue per user jumped 82% YoY to $191.

However, Robinhood Markets, Inc. (NASDAQ:HOOD) experienced challenges during the quarter, which included $639 million in operating expenses, up 31%. Challenges also include AWS-related outages that impacted performance and the early-stage rollout of Robinhood Banking.

With its multi-asset platform, Robinhood Markets, Inc. (NASDAQ:HOOD) offers equities, options, crypto, prediction markets, and subscription services.

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.

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Disclosure: None.