Goldman Sachs Sticks to Buy Rating as Robinhood Expands Product Offerings
Goldman Sachs has reaffirmed its Buy rating for Robinhood Markets (HOOD), a price target of $145.00, and expressed optimism about the company's growth prospects following several product announcements at its HOOD Summit '26 event.
The summit saw the introduction of agentic trading capabilities within the brokerage app, extended trading hours to 24/7 for equities, and expanded options trading hours by 35%. Additionally, Robinhood launched perpetual futures in the U.S., available with eight crypto assets, at promotional pricing below industry average.
Goldman Sachs highlighted the native Robinhood Agents feature as a significant innovation that lowers technical barriers for agentic trading adoption. The company's expansion of its core brokerage capabilities and competitive position with active traders is expected to support market share gains.