New York, Jan 27, 2026, 19:42 EST — After-hours
- Robinhood shares slipped 1.6% in after-hours, staying close to the day’s low.
- Cantor Fitzgerald initiated coverage, assigning an Overweight rating and setting a $130 price target.
- Investors are focused on the Fed’s rate decision set for Wednesday, alongside Robinhood’s earnings report due February 10.
Shares of Robinhood Markets Inc dipped 1.6% to $105.24 in after-hours trading Tuesday, having dropped to a session low of $104.66. Earlier, the stock hit a high of $109.02 on volume around 18.3 million shares.
The drop follows Cantor Fitzgerald analyst Ramsey El-Assal kicking off coverage of Robinhood with an Overweight rating — Wall Street code for “likely to outperform” — and a $130 price target, according to TipRanks. El-Assal also started coverage on Coinbase and Strategy, grouping the three as crypto-related plays amid renewed interest in digital assets. (TipRanks)
The timing is crucial as the Federal Reserve’s January policy meeting wraps up Wednesday, with a rate decision expected at 2:00 p.m. ET, followed by a press conference at 2:30 p.m. ET. For brokers, interest rates directly affect interest income — the revenue from customer cash and lending — and influence risk appetite across options and crypto markets. (Federal Reserve)
On Tuesday, the S&P 500 hit a new record, but the Dow took a sharp dive. Amid this shift, Robinhood saw movement as investors rotated based on earnings news. (Investopedia)
Cantor said Robinhood’s growth runway is expanding, fueled by “secular trends” in digital finance. It noted the company’s rapid product rollouts and a younger-skewing customer base. Tokenization — the process of turning assets into blockchain-based tokens — stood out as a key long-term play. However, Cantor also flagged risks including asset-price volatility, interest rate shifts, regulatory and legal challenges, yield compression, and rising competition. (Investing.com)
Robinhood announced it’s renewing and expanding its partnership with NASCAR’s 23XI Racing for the 2026 Cup Series season. “NASCAR offers a powerful platform to connect with a passionate, highly engaged fan base,” said Steve Quirk, Robinhood’s chief brokerage officer. Meanwhile, 23XI president Steve Lauletta highlighted the “Robin Neon” paint scheme featured at the Daytona 500. (MarketScreener)
The competitive landscape is tangled. Robinhood targets retail traders who jump easily between stocks, options, and crypto with a simple swipe, pitching itself against bigger brokers like Charles Schwab and Interactive Brokers, as well as crypto platforms such as Coinbase.
Bulls say the product range is expanding beyond its meme-stock origins, with steady trading activity—not just sudden spikes—being the real benefit. Bears, however, warn that trading apps may shine during volatile periods but quickly lose momentum when the market calms down.
Yet plenty can derail those plans. A slump in crypto values or a sudden drop in options trading could slash transaction revenue. Plus, any change in interest rates might tighten the margin on customer cash earnings.
Up next: the Fed meets Wednesday. Then, Robinhood reports its fourth-quarter and full-year results on Feb. 10 after the market closes. A management video call is set for 5:00 p.m. ET that day. The company says shareholders can start submitting and upvoting questions from Feb. 3, ahead of the call. (Globenewswire)
