Robinhood Stock Gains Backing as Barclays Analyst Forecasts 90% Upside on ‘an Ambitious Growth Roadmap’

The retail trading world is seeing a major round of backing from top Wall Street analysts. On Tuesday, Barclays BCS -0.15% ▼ analyst Benjamin Budish reiterated a Buy rating on Robinhood HOOD -1.30% ▼ , maintaining his price target at $124. This target suggests a staggering 90.30% upside from the stock’s current levels.

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Budish Identifies a Strong Growth Roadmap for 2026

While some investors have been nervous about recent market shifts, Budish remains focused on the company’s long-term potential. In his report issued today, he highlighted that Robinhood continues to pursue “an ambitious growth roadmap” for the remainder of the year. He believes the firm’s ability to diversify beyond simple stock trading is the key to its future success.

He noted that the company’s operating expenses have performed better than expected, which helps protect profit margins even during quiet trading months. Budish also pointed out that “net new accounts (NNAs)” are a critical data point to watch, as the pace of new users joining the platform began to pick up speed toward the end of the first quarter.

Retail Resurgence Fuels Robinhood’s Market Share Gains

A major part of the Barclays thesis is that the retail investor is not going away; they are simply evolving. Budish believes Robinhood is winning the battle for market share by offering tools that traditional banks simply cannot match. His team’s research shows that as trading volumes increase across the board, Robinhood is perfectly positioned to capture the lion’s share of that activity.

Despite some ambiguous data from exchanges, the analyst observed that the company’s Gold subscription and new banking features are creating a sticky ecosystem. Budish’s report emphasizes that the firm is successfully “diversifying beyond crypto,” which makes the business much more stable and attractive to institutional investors who were previously wary of the platform’s volatility.

Is Robinhood Stock a Good Buy?

Turning to TipRanks, Wall Street has a Strong Buy consensus rating on Robinhood stock (HOOD) based on 15 Buy and two Hold ratings. The average 12-month HOOD stock price target of $118.07 indicates 81.20% upside potential.

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