Robinhood (HOOD) has seen its stock price target increased to $172 by Mizuho following a strong Q3 earnings report. The company reported a 100% increase in revenue to $1.27 billion and a 271% rise in net income to $556 million. Despite a slight dip in pre-market trading, HOOD closed the previous session up over 4% at $142.48. The crypto notional trading volume for the quarter reached $80 billion. Mizuho maintains an 'Outperform' rating on the stock, although Robinhood has not provided a full-year 2025 outlook. Other crypto-related stocks like MicroStrategy and Circle showed mixed pre-market results.
Mizuho Raises Robinhood Price Target to $172 After Strong Q3 Earnings
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