Robinhood Stock Soars ~7% as Wall Street Eyes $135 Target and UK Crypto Launch 🏴󠁧󠁢󠁥󠁮󠁧󠁿

Robinhood (HOOD) shares climbed nearly 7% after the Wall Street opening bell as multiple brokerages reaffirmed or raised their price targets on the online brokerage. Piper Sandler maintained its Buy rating with a $135 price target, while BTIG reiterated its Buy rating on HOOD. The bullish calls come as Robinhood advances plans for a UK launch and broader expansion across Europe and Asia, alongside the rollout of AI-native features for its clients.

The company has positioned tokenized assets and AI-powered trading tools as central pillars of its long-term growth strategy. According to recent reports, these initiatives are part of a wider international push that includes new market entries beyond the United States, where Robinhood first built its retail brokerage and crypto trading business.

Wall Street sentiment around HOOD stock has remained positive in recent sessions, with analysts citing the firm's product expansion and geographic diversification as key drivers. The $135 target from Piper Sandler implies further upside from current levels, while BTIG's reiterated Buy signals continued institutional confidence in the company's trajectory.

Robinhood's UK crypto rollout forms part of a broader European and Asian expansion plan announced earlier this year. The addition of AI-native features is intended to differentiate the platform's retail offering, providing automated trading assistance and analytics tools integrated directly into the app experience. The company has not disclosed a precise launch date for the UK market.

Industry observers note that tokenized assets, which represent real-world securities or funds on blockchain rails, have become a focal point for retail-focused platforms seeking to attract users amid renewed competition in the digital asset space. Robinhood's push into this category aligns it with a growing cohort of financial firms experimenting with on-chain products.