New York, Feb 22, 2026, 13:23 EST — The market has closed.
- Robinhood shares closed out Friday up 0.6%, bringing a steadier finish to the week.
- The company issued a technical amendment to the annual report, clarifying that prior results remain unaffected.
- Goldman Sachs lowered the price target but stuck with a Buy, citing robust January activity.
Robinhood Markets (HOOD.O) ended Friday at $76.11, gaining roughly 0.6% from its previous close. Shares saw a range between $75.12 and $78.01 during the day. With U.S. markets closed over the weekend, investors will be watching for the next move once trading opens again on Monday.
Robinhood flagged a recent update to its annual report, with a Form 10-K/A filed Feb. 20. The company said the amendment addressed “solely” EDGAR formatting problems and added refreshed certifications—no change to earlier financial results, and nothing new post the original report. (SEC)
Wall Street sentiment is playing a role, too. Goldman Sachs analyst James Yaro dropped his price target on Robinhood to $111 from $130, but stuck with a Buy rating. Yaro flagged January account and trading trends—especially the uptick in “event contracts,” which are basically prediction-market bets made tradable. “Platform activity remained robust,” he wrote, highlighting gains in app downloads and a bump in daily commissions, according to a research note summary published by TheFly. (TipRanks)
Why it’s moving: Robinhood’s stock has become something of a stand-in for both retail investor sentiment and crypto trading activity, especially after its latest earnings highlighted just how rapidly swings in digital assets can impact revenue. In the fourth quarter, the company fell short of revenue expectations, with crypto trading coming in weaker than forecast—even as equities and options volumes rose, according to a Feb. 10 Reuters report. (Reuters)
Monday’s open, then, isn’t really about the technical weekend filing. The bigger question: does January’s momentum start to reshape forecasts for transaction revenue and customer activity heading into spring?
Crypto markets remained in the mix, with bitcoin slipping roughly 1.7% from its previous close. Coinbase Global (COIN.O) moved the other way, trading 3.3% higher on Friday. Shares of Charles Schwab (SCHW.N) barely budged.
Here’s the risk: should trading volume or new accounts slip post-January, or if crypto activity keeps sputtering, Robinhood’s transaction revenue could drop off in a hurry. Regulatory moves tied to crypto and prediction markets are still hanging out there as unpredictable factors.
Coming up, the next key date is March 4, when Robinhood’s “Take Flight” event lands. CEO Vlad Tenev has already teased a deeper dive into the company’s prediction markets strategy, after dubbing it a “supercycle” on the recent earnings call. (investopedia.com)
