New York, Jan 9, 2026, 11:51 EST — Regular session
- Robinhood shares were up 0.6% at $116.10 in late morning trade, after swinging between $114.90 and $118.16.
- Argus began coverage with a buy rating and a $145 price target; Barclays trimmed its target to $159 but kept an “overweight” call.
- A regulatory filing showed CEO Vladimir Tenev sold 375,000 shares this week under a prearranged trading plan.
Robinhood Markets, Inc. shares ticked up on Friday after Argus initiated coverage of the online broker with a buy rating and a $145 price target, giving bulls fresh copy even as insider selling stayed in view.
The move came with U.S. stocks broadly higher after a softer-than-expected December jobs report kept bets on interest-rate cuts alive, giving higher-beta financial names some air. Traders were also keeping an eye on an expected U.S. Supreme Court decision on President Donald Trump’s tariffs, a possible source of sudden volatility.
Barclays, meanwhile, cut its price target on Robinhood to $159 from $171 on Thursday while maintaining an “overweight” rating — a Wall Street term that typically signals expected outperformance versus peers. The firm said total volumes across equities, options and futures “rose nicely” quarter-over-quarter and that volatility “picked up” sequentially, factors that can translate into higher trading revenue for brokers. TipRanks
A Form 4 filing showed Chief Executive Vladimir Tenev sold 375,000 shares on Jan. 5 in a series of transactions priced roughly between $118 and $123 a share, for proceeds of about $45.6 million. The filing said the sales were made under a Rule 10b5-1 plan — a prearranged program that lets insiders trade on a set schedule.
Robinhood is also one of the consumer-facing gateways into prediction markets, and that business has started to pull in legal and political heat. A slate of Native American groups filed a legal brief supporting a Wisconsin tribe’s case against prediction marketplace Kalshi and Robinhood, Bloomberg reported this week.
Crypto-linked shares were mixed. Bitcoin was up about 0.7% on the day, while Coinbase was down nearly 2%; brokerage peers Interactive Brokers was modestly higher and Charles Schwab was little changed.
Robinhood’s results have been tightly tied to retail trading appetite across crypto, options and equities. In its most recent reported quarter, the company posted a sharp jump in profit as transaction-based revenue rose on stronger trading activity, a Reuters report in November showed.
But the setup cuts both ways. If volatility fades, crypto prices slide or retail trading cools, Robinhood’s transaction revenue can drop quickly, and the stock tends to amplify those swings. Legal uncertainty around event contracts and other newer products is another overhang that could surprise investors.
Next up is Robinhood’s fourth-quarter and full-year 2025 report on Feb. 10, when investors will look for signs that trading volumes held up into year-end and for any updated commentary on expansion in crypto and prediction markets.
