Overview
- Mizuho, which raised its Robinhood price target to $115 on Sunday, said the rule change should give a modest lift to trading on the platform.
- The SEC ended the rule that forced accounts under $25,000 to limit day trades and let brokers set their own intraday margin requirements.
- A Mizuho survey of about 160 sub‑$25,000 traders found more than 80% felt the old cap held them back, and it expects roughly a 3% bump in activity from this group.
- The bank estimates around 25% of Robinhood’s funded accounts fall under $25,000, pointing to a 1%–2% boost to fiscal 2027 revenue.
- Wall Street keeps a Strong Buy view on HOOD, while Robinhood builds out Gold subscriptions, margin lending, and a 3% cash‑back card and has curbed some high‑risk event contracts.