Robinhood Markets (NASDAQ:HOOD) Price Target Lowered to $118.00 at The Goldman Sachs Group

Posted by Brenda Bartman on Jul 30th, 2026

Robinhood Markets (NASDAQ:HOOD – Get Free Report) had its target price decreased by equities researchers at The Goldman Sachs Group from $137.00 to $118.00 in a report released on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. The Goldman Sachs Group’s price objective would indicate a potential upside of 35.17% from the company’s previous close.

Several other research firms have also issued reports on HOOD. Citigroup restated a “market outperform” rating on shares of Robinhood Markets in a report on Thursday, May 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Robinhood Markets in a research report on Wednesday, June 24th. Sanford C. Bernstein lifted their target price on shares of Robinhood Markets from $130.00 to $160.00 and gave the stock an “outperform” rating in a research note on Monday, July 20th. KeyCorp boosted their target price on shares of Robinhood Markets from $100.00 to $125.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Finally, BTIG Research reaffirmed a “buy” rating and set a $125.00 price target on shares of Robinhood Markets in a research report on Thursday. Twenty-one equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $120.30.

Read Our Latest Stock Analysis on HOOD

Robinhood Markets Stock Down 2.8%

Shares of NASDAQ HOOD traded down $2.54 during trading on Thursday, reaching $87.30. The company had a trading volume of 21,367,714 shares, compared to its average volume of 29,235,561. The stock has a market cap of $78.61 billion, a P/E ratio of 42.18, a PEG ratio of 1.87 and a beta of 2.33. The company’s fifty day moving average price is $97.55 and its 200-day moving average price is $87.84. Robinhood Markets has a 12 month low of $63.51 and a 12 month high of $153.86.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.18. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period in the previous year, the firm earned $0.42 earnings per share. The firm’s quarterly revenue was up 32.5% on a year-over-year basis. As a group, equities analysts predict that Robinhood Markets will post 1.95 earnings per share for the current year.

Insider Buying and Selling at Robinhood Markets

In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of the firm’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $116.17, for a total value of $43,563,750.00. Following the completion of the sale, the chief executive officer directly owned 375,000 shares in the company, valued at approximately $43,563,750. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 67,422 shares of Robinhood Markets stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $75.38, for a total transaction of $5,082,270.36. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders purchased 680,000 shares of company stock valued at $55,306,560 and sold 631,263 shares valued at $66,793,857. Insiders own 13.48% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. CogentBlue Wealth Advisors LLC increased its holdings in shares of Robinhood Markets by 4.1% during the fourth quarter. CogentBlue Wealth Advisors LLC now owns 2,489 shares of the company’s stock valued at $282,000 after acquiring an additional 98 shares in the last quarter. SOA Wealth Advisors LLC. increased its stake in Robinhood Markets by 11.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 968 shares of the company’s stock valued at $109,000 after purchasing an additional 100 shares in the last quarter. Bogart Wealth LLC increased its stake in Robinhood Markets by 8.5% during the 4th quarter. Bogart Wealth LLC now owns 1,463 shares of the company’s stock valued at $165,000 after purchasing an additional 114 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in Robinhood Markets by 2.8% during the fourth quarter. Sivia Capital Partners LLC now owns 4,310 shares of the company’s stock worth $487,000 after buying an additional 117 shares during the last quarter. Finally, Cornerstone Planning Group LLC lifted its stake in shares of Robinhood Markets by 90.1% in the fourth quarter. Cornerstone Planning Group LLC now owns 268 shares of the company’s stock valued at $28,000 after buying an additional 127 shares in the last quarter. Institutional investors own 93.27% of the company’s stock.

Robinhood Markets News Summary

Here are the key news stories impacting Robinhood Markets this week:

Positive Sentiment: Robinhood reported record second-quarter revenue of $1.31 billion, up 32.5% year over year, while diluted EPS of $0.62 exceeded the $0.44 consensus estimate. Net deposits reached a record $22 billion, and Robinhood Gold subscribers rose to 4.8 million. Robinhood Reports Second Quarter 2026 Results
Positive Sentiment: Prediction markets became Robinhood’s second-largest trading business, generating $156 million in revenue and overtaking crypto. The growth supports management’s strategy of diversifying beyond traditional brokerage and cryptocurrency activity. Robinhood Beats Estimates as Prediction Markets Overtake Crypto
Positive Sentiment: Citizens JMP reaffirmed its “market outperform” rating with a $155 price target, while BTIG maintained a “buy” rating and a $125 target, indicating substantial long-term upside if product expansion continues.
Neutral Sentiment: Robinhood is expanding its financial ecosystem across trading, banking, investing and event contracts, with 13 business lines now exceeding $100 million in annualized revenue. CEO Vlad Tenev also said a $1 trillion market-cap goal is possible, though that outcome depends on sustained user and revenue growth. Robinhood Q2 Earnings Call Highlights Product Expansion
Negative Sentiment: Cryptocurrency revenue fell 38% year over year to $100 million as crypto trading activity weakened. Investors also questioned the sustainability of a one-time accounting benefit included in the quarter’s results. Robinhood delivers record Q2 revenue, but crypto slowdown weighs on shares
Negative Sentiment: Barclays lowered its price target to $105 from $122, citing a meaningful slowdown in new accounts during July. Needham also trimmed its target to $120, while higher costs and HOOD’s elevated valuation add to concerns about future returns.

Robinhood Markets Company Profile

(Get Free Report)

Robinhood Markets, Inc (NASDAQ: HOOD) is a U.S.-based financial services company best known for its mobile-first brokerage platform that aims to “democratize finance for all.” Founded in 2013 by Vladimir Tenev and Baiju Bhatt and headquartered in Menlo Park, California, the company built early traction by offering commission-free trading and a simplified user experience that attracted a large base of retail investors.

Robinhood’s core products and services include a mobile app and web platform for trading U.S.