Robinhood (HOOD) Leads Gen Z Trading Boom, Piper Sandler Reaffirms Overweight

Core Insights - Robinhood Markets Inc. (NASDAQ:HOOD) is recognized as one of the top new stocks to buy in Ray Dalio's portfolio, with Piper Sandler reaffirming an Overweight rating and a price target of $155, highlighting the company's strong brand recognition among Gen Z and Millennial investors [1] - The prediction market service launched by Robinhood in 2025 has rapidly become its fastest-growing offering, generating over $300 million in annual revenue [2] - Goldman Sachs has adjusted its price target for Robinhood to $161 from $164, citing expectations of "best-in-class" growth in revenue and platform assets due to ongoing product innovation [3] Company Overview - Robinhood operates a financial services platform in the US, enabling users to invest in various assets including stocks, ETFs, American depository receipts, options, gold, and cryptocurrencies [4]