Why Robinhood Markets Inc. (HOOD) Went Up Last Week?

We recently published a list of Last Week’s 10 Best-Performing Stocks. In this article, we are going to take a look at where Robinhood Markets Inc. (NASDAQ:HOOD) stands against other last week’s best-performing stocks.

Ten firms outperformed Wall Street’s three major indices over the past week, clocking in double-digit gains on the back of a flurry of company developments that sparked buying appetite.

On a week-on-week basis, the Dow Jones rallied by 1.19 percent, the S&P 500 increased 0.5 percent, and the tech-heavy Nasdaq inched up 0.16 percent.

Meanwhile, 10 firms finished stronger with gains of 10 to 20 percent. In this article, let’s explore the names of last week’s best performers and the reasons behind their rallies.

To come up with the list, we only considered the stocks with at least a $2 billion market capitalization and $5 million in trading volume.

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Robinhood Markets Inc. (NASDAQ:HOOD)

Robinhood Markets grew its share price by 13.05 percent last week to end at $44.36 apiece versus the $39.24 registered a week earlier, or on March 14, 2025, as investor sentiment was buoyed by rating upgrades from two investment companies.

Last Wednesday, Compass Point initiated coverage on HOOD stocks, giving the company a “buy” rating and a price target of $61, a 37.5-percent upside from its last closing price.

According to Compass Point, HOOD has the opportunity to generate as much as $665 million from cross-selling to existing US customers. The figure includes a potential $150 million from staking alone.

Following the news, investors gobbled up shares in HOOD, propelling the stock to a three-day rally towards the end of the trading week.

Further adding to the sentiment was KeyBanc’s maintained positive outlook for the company, having assigned an “overweight” rating and a stock price of $75 each. The new price target represents a 69-percent upside from its last closing price.

Overall, HOOD ranks 8th on our list of last week’s best-performing stocks. While we acknowledge the potential of HOOD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as HOOD but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.