Barclays resets Robinhood stock price target for the rest of 2026

There is simply a infinitesimal successful each maturation stock's travel erstwhile the marketplace stops giving it the payment of the doubt, erstwhile a azygous atrocious 4th is nary longer forgiven due to the fact that the semipermanent communicative is truthful compelling. When the mathematics starts to substance much than the narrative.

Robinhood conscionable had that moment. And however Wall Street responded tells you precisely wherever the banal stands close now.

Barclays cuts Robinhood terms target

Barclays expert Benjamin Budish chopped his terms people connected Robinhood to $82 from $89 portion maintaining an overweight standing connected the stock, according to TipRanks.

The timing is notable. Robinhood's banal closed astatine $82.07 connected April 28, close astatine the caller Barclays target. In different words, Barclays is not calling for upside from here. It is fundamentally saying the banal is present reasonably valued aft the selloff, according to 24/7 Wall St.

The retained overweight standing signals Barclays inactive sees longer-term worth successful Robinhood. But the near-term connection is clear. The Q1 study volition measurement connected shares. And the way to meaningful upside requires execution that has not yet materialized.

What went incorrect successful Robinhood's Q1

Robinhood's Q1 2026 results missed crossed the board. Revenue came successful astatine $1.07 cardinal against a statement estimation of $1.13 cardinal to $1.17 billion. Adjusted EPS of $0.38 fell abbreviated of expert forecasts of $0.41 to $0.43, Investing.com confirmed.

Crypto gross was the astir achy line. Robinhood's cryptocurrency gross fell 47% twelvemonth implicit twelvemonth to $134 million. That is simply a crisp reversal from the crypto-driven gains of anterior quarters. Crypto accounts for conscionable 13% of Robinhood's full revenue, but the severity of the diminution dragged down the wide result, according to Stocktwits.

Options gross besides disappointed. Lower instrumentality rates connected some options and crypto, driven mostly by premix shifts, contributed to the top-line miss. Net involvement income came successful lighter than expected, adding different furniture of unit to Robinhood's quarterly performance.

Two structural problems Barclays flagged for Robinhood banal

Beyond the header miss, Budish identified 2 structural concerns astir Robinhood's near-term trajectory. The archetypal is interest complaint compression. The crypto instrumentality complaint was astir 7 ground points little successful Q1. The options instrumentality complaint fell by $0.03. Those whitethorn dependable similar tiny numbers. But astatine Robinhood's volume, they construe into meaningful gross headwinds.

The 2nd contented is prediction markets. Robinhood has been positioning this merchandise arsenic a maturation driver. But April show came successful amended than expected, portion inactive meaningfully underperforming Kalshi volumes. That spread suggests Robinhood has not yet recovered a mode to seizure a ascendant stock of this opportunity.