Robinhood Markets (HOOD) Soars 177% YTD on Whopping Price Targets

We recently published 10 Stocks Exploded Over 100%; One Shockingly Soared 11,000%. Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the top-performing mid-cap companies of the first half of the year.

Robinhood Markets spiked up by 177 percent year-to-date, finishing at $103.25 on Wednesday—a new all-time high—versus the $37.26 in the last trading day of 2024.

Wednesday’s session alone was largely bolstered by JMP Securities’ higher price target for the company to a whopping $125, or a 78-percent increase from its previous price target of $70.

The new price target also marked a 21 percent upside from its latest closing price.

JMP Securities followed Morgan Stanley’s upgrade for Robinhood Markets, Inc. (NASDAQ:HOOD) on Tuesday, to $110 from $43 previously.

Piper Sandler also maintained an “overweight” rating for its stock, with a price target of $110, higher than the $70 prior.

In recent news, Robinhood Markets launched its own Robinhood Stock Tokens that allowed its European customers to invest in the US stock market.

Robinhood Markets (HOOD) Soars 177% YTD on Whopping Price Targets

A successful business person confidently managing their finances on a mobile device.

The tokens feature zero commissions, dividend support, and 24/5 access. Stock token holders will also receive dividend payments directly in their app.

In other news, Robinhood Markets, Inc. (NASDAQ:HOOD) said that it will announce the results of its second quarter earnings performance after market close on July 30, 2025.

While we acknowledge the risk and potential of HOOD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HOOD and that has 10,000% 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.