Apr. 20 at 9:40 AM
Robinhood Markets (
$HOOD) sees a price target increase to
$115 from
$105 by Mizuho, maintaining an Outperform rating. The update follows the SEC’s removal of the
$25K Pattern Day Trader threshold, now allowing broker-defined intraday margin rules. While structurally positive, survey data from ~160 sub-
$25K traders suggests only a ~3% increase in activity. Mizuho estimates ~25% of HOOD accounts are impacted, implying modest upside of ~1–2% to FY27 revenue. Forecasts were slightly raised, with FY26/27 revenue and EBITDA up 1–2%. Long-term catalysts include international expansion and improved monetization via cross-sell and options/margin growth.
