Robinhood Q4 Revenue Jumps 27% YoY as BofA Lowers Target to $122
Bank of America cut its price target for Robinhood from $147 to $122 while maintaining a Buy rating. Robinhood posted Q4 net revenue of $1.28 billion (+27% YoY), transaction-based revenue of $776 million (+15%), net interest revenue of $411 million (+39%) and platform assets of $324 billion (+68%).
1. BofA Lowers Price Target
Bank of America reduced its price objective for Robinhood from $147 to $122 while reaffirming a Buy rating. The adjustment reflects updated EPS estimates for brokers, asset managers and exchanges under its coverage.
2. Q4 Revenue and Earnings
In the fourth quarter of 2025, Robinhood delivered total net revenue of $1.28 billion, up 27% year-over-year. Transaction-based revenue climbed 15% to $776 million and net interest revenue increased 39% to $411 million, underscoring diversified income growth.
3. Platform Asset Expansion
Total platform assets surged 68% year-over-year to $324 billion, fueled by continued net deposits, acquired assets and higher equity valuations. This expansion highlights strong customer engagement and inflows across Robinhood’s financial services platform.