Robinhood Markets Price Target Raised to $120 by Mizuho

Mizuho raised its price target for Robinhood Markets from $99 to $120 and maintained an Outperform rating. The analyst cited the company's record Q2 2025 results, including 45% YoY revenue growth and a record number of net deposits. Mizuho expects Robinhood's focus on asset tokenization and expanding into lending to be "particularly interesting."

Title: Mizuho Raises Price Target for Robinhood Markets to $120, Maintaining Outperform Rating

Mizuho Securities has significantly boosted its price target for Robinhood Markets, Inc. (NASDAQ: HOOD) from $99 to $120, while maintaining its Outperform rating on the stock. The decision was made following the company's impressive Q2 2025 results, which included a 45% year-over-year (YoY) revenue growth and a record number of net deposits.

The analyst, Dan Dolev, cited the company's robust business growth and higher trading volumes as key factors driving the upward revision. Notably, Robinhood achieved a record number of net deposits, surpassing $10 billion for the sixth consecutive quarter. This performance was further bolstered by the company's acquisition of Bitstamp, which will expand its institutional business and contribute to its global financial network.

Mizuho analysts are particularly optimistic about Robinhood's focus on asset tokenization and its expansion into lending. They believe these strategic moves will be "particularly interesting" and could significantly impact the company's future growth prospects.

The stock closed Monday up more than 6% at $106.37 per share, reflecting investor confidence in the company's strategic direction and growth potential [2].

References:
[1] https://uk.finance.yahoo.com/news/mizuho-raises-price-target-robinhood-023641124.html
[2] https://www.tradingview.com/news/the_block:f992e6c49094b:0-mizuho-reaffirms-120-price-target-on-robinhood-cites-tokenized-stock-ambitions-and-crypto-resilience/
[3] https://finance.yahoo.com/news/robinhood-markets-hood-reports-revenue-180405173.html
[4] https://markets.financialcontent.com/stocks/article/marketminute-2025-7-31-robinhoods-q2-2025-earnings-soar-signaling-a-new-era-for-the-fintech-giant