Robinhood Price Target Cut to $91, Approves $1.5B Buyback After Sector Crash
Goldman Sachs maintained its Buy rating on Robinhood Markets while cutting its price target to $91 from $102 after crypto equities plunged 46% from October 2025 highs. Robinhood also approved a $1.5 billion share buyback, though Goldman warns further volume declines could trim 2026 revenue by 2%.
1. Goldman Maintains Buy Rating, Cuts Price Target
A Goldman Sachs analyst maintained a Buy rating on Robinhood Markets but cut its price target from $102 to $91, reflecting the 46% drawdown in crypto-linked equities since October 2025.
2. $1.5 Billion Share Buyback
Robinhood’s board approved a $1.5 billion share repurchase program, signaling management’s confidence in current valuations and aiming to support the stock during continued market volatility.
3. Volume Risk and Revenue Outlook
Goldman warns that trading volumes may remain depressed for about three months, potentially trimming 2026 revenue by 2% and highlighting ongoing uncertainty in digital-asset trading activity.