Rating Change
Wells Fargo analysts initiated coverage on Robinhood Markets, Inc. (NASDAQ:HOOD) with a rating of Equal-Weight on October 02, 2026.
new coverageNASDAQ:HOOD
Wells Fargo Initiates Coverage on Robinhood Markets, Inc. (HOOD) with Equal-Weight
Wells Fargo analysts initiated coverage on Robinhood Markets, Inc. (NASDAQ:HOOD) with a rating of Equal-Weight on October 02, 2026.
At publication ·
What changed
Robinhood Markets, Inc. (NASDAQ:HOOD) · new coverage
- Firm
- Wells Fargo
- Rating
- Equal-Weight
- Price at event
- $113.27
- Market capitalization
- $109.2B
At a glance
Key takeaways
- Wells Fargo initiated coverage on Robinhood Markets with an Equal-Weight rating on October 2, 2026, while the stock trades at $113.27 with a $109.2B market capitalization.
Market Context
Robinhood Markets, Inc. operates in the Financial Services sector. The stock currently trades at $113.27 with a market capitalization of $109.2B. The stock has declined 7.1% over the past 52 weeks.
Analyst coverage from Wells Fargo provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Robinhood Markets, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Robinhood Markets, Inc.
Among the 10 most recent ratings: 8 Buy, 2 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 02, 2026 | Wells Fargo | Equal-Weight | N/A |
| Sep 30, 2026 | Deutsche Bank | Buy | N/A |
| Sep 30, 2026 | Morgan Stanley | Overweight | N/A |
| Sep 29, 2026 | Deutsche Bank | Buy | N/A |
| Sep 29, 2026 | Keefe, Bruyette & Woods | Market Perform | N/A |
Related Tools: Analyst Ratings Dashboard | View HOOD Stock Page
Frequently Asked Questions
What does the Equal-Weight rating mean for HOOD?
A rating of Equal-Weight from Wells Fargo reflects the analyst's outlook on Robinhood Markets, Inc. (NASDAQ:HOOD). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the HOOD forecast page.
