Robinhood Markets, Inc. (HOOD) Price Target Trimmed as Mizuho Cites Weaker Equity and Options Activity

We recently compiled a list of the Top 10 Boring Stocks That Make Money. Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the most boring stocks

TheFly reported on March 13 that Mizuho reduced its price target on HOOD to $110 from $135 while maintaining an Outperform rating. The firm pointed to HOOD’s February update, which showed consistent customer growth alongside uneven trading trends. Equity and options activity weakened from the prior period, while crypto trading remained relatively strong. Mizuho also lowered its fiscal 2026 revenue forecast by 2%, citing a softer overall trading environment driven by global uncertainty and weaker cryptocurrency prices. In addition, the firm trimmed the stock’s valuation multiple to reflect the more subdued retail trading backdrop.

Separately, on March 6, Robinhood Ventures Fund I (NYSE:RVI), the company’s closed-end fund that intends to invest primarily in private companies operating at the frontiers of their industries, priced its initial public offering of 12,615,608 common shares at $25.00 each, establishing an initial fund size of approximately $658.4 million before fees and expenses. The total could increase to as much as $705.7 million if the underwriter fully exercises its option to purchase additional shares.

Robinhood Markets, Inc. (HOOD) Price Target Trimmed as Mizuho Cites Weaker Equity and Options Activity

The fund is structured as a closed-end vehicle designed to give retail investors access to a concentrated portfolio of private companies. Its shares were expected to begin trading on the New York Stock Exchange on March 6 under the ticker RVI, with the offering scheduled to close on March 9, subject to customary conditions.

Robinhood Markets, Inc. (NASDAQ:HOOD) is a financial services platform offering commission-free trading in stocks, ETFs, options, futures, and cryptocurrencies, along with retirement and cash management products.

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