Robinhood Markets (NASDAQ:HOOD) Trading Up 2.8% – Should You Buy?

Posted by Stanley Muller on Aug 9th, 2026

Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report)’s share price shot up 2.8% during mid-day trading on Friday . The stock traded as high as $95.75 and last traded at $93.29. Approximately 14,494,927 shares were traded during trading, a decline of 50% from the average daily volume of 28,829,549 shares. The stock had previously closed at $90.71.

Robinhood Markets News Roundup

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

Positive Sentiment: Bitcoin’s move above $65,000 is supporting crypto-linked stocks, including Robinhood. Higher crypto prices and trading activity could increase transaction revenue and customer engagement. MSTR, CRCL, BMNR Stocks Rally After Bitcoin Reclaims $65K
Positive Sentiment: Robinhood’s acquisition of Canadian crypto platform WonderFi highlights its international expansion strategy. WonderFi’s CEO said Canada’s regulatory and capital-markets environment made a sale to Robinhood preferable, potentially giving HOOD additional crypto customers and infrastructure. I Built Canada’s Largest Crypto Company
Positive Sentiment: Jim Cramer made a bullish assessment of Robinhood following its latest quarterly report, reinforcing the view that the platform has a competitive advantage. Robinhood reported $0.62 in quarterly EPS versus the $0.44 consensus estimate, while revenue rose 32.5% year over year to $1.31 billion. Jim Cramer Makes Bold Call on Robinhood Stock
Positive Sentiment: A meme coin surged after being listed on Robinhood, illustrating how new token listings can generate attention and trading activity on the platform. However, the event is speculative and may have limited direct financial impact. Meme Coin Surges 77% on Robinhood Listing
Neutral Sentiment: Coverage comparing Robinhood with SoFi suggests investors may favor HOOD’s stronger trading momentum and earnings profile, but also underscores that high-growth fintech stocks can decline even after strong results when valuation expectations are elevated. Why Wall Street Keeps Ignoring SoFi’s Record Growth for Robinhood
Negative Sentiment: Robinhood director Daniel Martin Gallagher, Jr. sold 10,000 shares for approximately $904,200 under a pre-arranged Rule 10b5-1 plan. The scheduled nature of the sale reduces its importance, although insider selling can still weigh modestly on sentiment. SEC Insider Transaction Filing

Analyst Upgrades and Downgrades

HOOD has been the topic of several recent research reports. Citizens Jmp reaffirmed a “market outperform” rating and issued a $155.00 price target on shares of Robinhood Markets in a report on Thursday, July 30th. BTIG Research reissued a “buy” rating and issued a $125.00 price objective on shares of Robinhood Markets in a report on Thursday, July 30th. Citigroup restated a “market outperform” rating on shares of Robinhood Markets in a research note on Thursday, May 28th. KeyCorp raised their target price on Robinhood Markets from $100.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday, July 22nd. Finally, Keefe, Bruyette & Woods reduced their price target on Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating for the company in a research report on Wednesday, April 29th. Twenty-one investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Robinhood Markets currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.52.

Read Our Latest Stock Analysis on Robinhood Markets

Robinhood Markets Price Performance

The stock has a market capitalization of $84.01 billion, a PE ratio of 41.10, a P/E/G ratio of 1.83 and a beta of 2.35. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.22 and a quick ratio of 1.22. The stock’s fifty day moving average is $99.17 and its 200-day moving average is $86.82.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.18. The company had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. The firm’s revenue for the quarter was up 32.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.42 earnings per share. As a group, equities analysts predict that Robinhood Markets, Inc. will post 2.02 earnings per share for the current fiscal year.

Insider Activity

In other Robinhood Markets news, Director Baiju Bhatt sold 49,223 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $95.09, for a total transaction of $4,680,615.07. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $90.42, for a total value of $904,200.00. Following the completion of the sale, the insider directly owned 461,396 shares in the company, valued at approximately $41,719,426.32. The trade was a 2.12% decrease in their ownership of the stock. 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 three months, insiders acquired 680,000 shares of company stock worth $55,306,560 and sold 631,263 shares worth $66,929,157. Insiders own 13.48% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in Robinhood Markets by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock worth $10,831,756,000 after acquiring an additional 1,334,443 shares during the period. State Street Corp grew its position in shares of Robinhood Markets by 2.7% in the fourth quarter. State Street Corp now owns 33,121,452 shares of the company’s stock valued at $3,746,036,000 after purchasing an additional 875,297 shares during the period. Geode Capital Management LLC grew its position in shares of Robinhood Markets by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 21,171,925 shares of the company’s stock valued at $2,386,944,000 after purchasing an additional 356,902 shares during the period. Morgan Stanley increased its stake in shares of Robinhood Markets by 23.9% during the fourth quarter. Morgan Stanley now owns 10,683,776 shares of the company’s stock worth $1,208,335,000 after purchasing an additional 2,061,832 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Robinhood Markets during the fourth quarter worth about $1,202,160,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

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.