Robinhood slips after Needham trims target to $135 as crypto-linked stocks ease

NEW YORK, December 29, 2025, 10:13 ET — Regular session

  • Robinhood shares fell about 0.7% in morning trading after Needham cut its price target. [1]
  • The broker kept a “buy” rating, but reduced its target to $135 from $145, according to a MarketBeat report. [2]
  • Bitcoin and several brokerage peers were also lower, weighing on sentiment toward trading-platform names.

Robinhood Markets, Inc. shares slipped on Monday after Needham & Company lowered its price target, a modest reset in expectations for a stock that has been sensitive to shifts in outlook for retail trading. [3]

The call matters now because Robinhood sits at the center of two volatile profit drivers — active trading and crypto — as investors head toward year-end positioning…

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