Robinhood Markets Inc (NASDAQ:HOOD) Faces Volatility Amid Market Conditions

Font: Financial Modeling Prep  • Feb 05, 2026

• Truist Financial sets a new price target of $130 for Robinhood Markets Inc (NASDAQ:HOOD), indicating a potential increase of 78.82%.
• Robinhood prepares for its fourth-quarter results, amidst its eighth consecutive loss and historical underperformance post-earnings announcements.
• The stock hits its worst day on record, down 10.7% amid a Bitcoin selloff, with options traders anticipating a significant post-earnings swing.

Robinhood Markets Inc (NASDAQ:HOOD) is a financial services company known for its commission-free trading platform. It has gained popularity among retail investors for its user-friendly app and access to a wide range of financial instruments. However, the company faces competition from other brokerage firms like E*TRADE and Charles Schwab, which also offer similar services.

On February 5, 2026, Truist Financial set a price target of $130 for Robinhood, while the stock was trading at $72.70. This suggests a potential price increase of about 78.82%. However, the price target was lowered from a previous target of $155, indicating a more cautious outlook. As highlighted by TheFly, this adjustment reflects the current market conditions and Robinhood's performance.

Robinhood is preparing to report its fourth-quarter results on February 12. The stock is currently facing a challenging period, on track for its eighth consecutive loss. Historically, Robinhood has underperformed after earnings announcements, with the stock finishing lower after five of its past eight reports. In November, the stock dropped significantly by 10.8%, highlighting the volatility surrounding its earnings.

Today, Robinhood stock is on the short sale restricted (SSR) list, down 10.7% at $72.03, marking its worst day on record amid a Bitcoin selloff. The current price of HOOD is $72.68, reflecting a decrease of $7.94 or -9.85% today. The stock has traded between a low of $71.87 and a high of $79.41 during the day, with a market capitalization of approximately $65.35 billion.

Over the past year, Robinhood shares have reached a high of $153.86 and a low of $29.66. The trading volume for the day is 54.24 million shares, indicating significant investor interest. Despite the current challenges, options traders are anticipating a larger swing of 16.5% post-earnings, compared to the average swing of 8.6% in either direction over the past two years.