Robinhood stock jumps after Wolfe upgrade as HOOD heads into earnings
Robinhood shares climbed 4.5% to $86.56 in after-hours trading Monday after Wolfe Research upgraded the stock and set a $125 price target. The move comes ahead of Robinhood’s fourth-quarter earnings release Tuesday, with investors watching for trends in trading and crypto revenue. Barclays warned that weak crypto sentiment and regulatory risks could weigh on results. Robinhood will hold its earnings call at 5 p.m. ET.