On July 21, Robinhood Markets rose 4.29% in regular trading, trading at $105.47/share, with turnover of $261 million.

On the news front, Needham raised its price target on Robinhood to $123 from $97 while maintaining a Buy rating. This follows Bernstein's upgrade the previous day, which lifted its target to $160 from $130 with an Outperform rating maintained. According to FactSet, the stock now carries an average analyst rating of Overweight with a mean price target of approximately $123.71.

The latest upgrades cap a wave of bullish revisions over recent weeks, with Goldman Sachs raising to $137, Morgan Stanley to $124, Barclays to $122, and Compass Point to $130. Key catalysts underpinning analyst optimism include the explosive launch of Robinhood Chain, which processed over $1 billion in DEX volume in its first week with nearly 350,000 active addresses, as well as the company's upcoming earnings report on July 29. Robinhood's expanding crypto and blockchain ecosystem continues to broaden its revenue diversification narrative ahead of results.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)