Robinhood Markets (NASDAQ:HOOD) Stock Price Down 1.2% – Here’s Why

Posted by Brian Himes on Sep 1st, 2026

Shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report) were down 1.2% during mid-day trading on Tuesday . The stock traded as low as $102.45 and last traded at $103.51. Approximately 22,497,613 shares were traded during trading, a decline of 19% from the average session volume of 27,842,734 shares. The stock had previously closed at $104.81.

Trending Headlines about Robinhood Markets

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

Positive Sentiment: Morgan Stanley upgraded Robinhood to Overweight from Equal-weight and raised its price target to $150 from $124. The analyst cited a long growth runway, expanding product offerings and an underappreciated opportunity in prediction markets—representing approximately 43% upside from the prior close. There’s an underappreciated growth driver for Robinhood, Morgan Stanley says
Positive Sentiment: Morgan Stanley expects Robinhood’s broader ecosystem—including prediction markets, Robinhood Chain, stock tokens, Robinhood Earn, banking and agentic trading—to increase customer engagement and create additional revenue streams beyond crypto and equities trading. Robinhood Markets’ Expanded Offerings to Drive Long-Term Revenue Growth
Positive Sentiment: Recent operational updates also support the growth narrative. Robinhood Chain reportedly reached a record $874.8 million in daily decentralized-exchange volume, while the company has highlighted a new product launch, wider agentic-trading availability and increased banking assets. Robinhood Chain Hits Record $874.8 Million Volume
Neutral Sentiment: HOOD has shown relative strength versus other crypto-linked stocks, with Bitcoin, Coinbase and Strategy under pressure. That resilience suggests investors are currently valuing Robinhood’s diversified financial-services platform rather than treating it solely as a cryptocurrency proxy.
Negative Sentiment: Rising bond yields and a broader reduction in risk appetite are weighing on high-growth and fintech shares. Robinhood also trades at a premium valuation, with a price-to-earnings ratio above 45, leaving the stock vulnerable to profit-taking after its strong rally.

Wall Street Analyst Weigh In

HOOD has been the subject of several recent analyst reports. Piper Sandler reaffirmed an “overweight” rating on shares of Robinhood Markets in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft boosted their target price on Robinhood Markets from $105.00 to $113.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Zacks Research raised Robinhood Markets from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Cantor Fitzgerald cut their price objective on Robinhood Markets from $130.00 to $115.00 and set an “overweight” rating for the company in a research report on Monday, August 3rd. Finally, Wall Street Zen upgraded Robinhood Markets from a “strong sell” rating to a “sell” rating in a report on Sunday, July 12th. Twenty-two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Robinhood Markets has an average rating of “Moderate Buy” and a consensus price target of $121.65.

Read Our Latest Research Report on Robinhood Markets

Robinhood Markets Stock Performance

The stock has a market capitalization of $93.06 billion, a price-to-earnings ratio of 45.60, a price-to-earnings-growth ratio of 1.90 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 has a 50-day moving average of $101.44 and a 200 day moving average of $87.24.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.18. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.29 billion. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. Robinhood Markets’s revenue for the quarter was up 32.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.42 earnings per share. On average, analysts expect that Robinhood Markets, Inc. will post 2.04 EPS for the current year.

Insider Activity

In related news, Director Meyer Malka purchased 250,000 shares of the stock in a transaction dated Friday, June 5th. The stock was bought at an average cost of $80.74 per share, with a total value of $20,185,000.00. Following the purchase, the director directly owned 3,924,427 shares in the company, valued at $316,858,235.98. The trade was a 6.80% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $116.14, for a total transaction of $1,161,400.00. Following the transaction, the insider directly owned 471,396 shares in the company, valued at $54,747,931.44. The trade was a 2.08% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 612,704 shares of company stock valued at $66,675,612. Insiders own 13.48% of the company’s stock.

Institutional Trading of Robinhood Markets

A number of large investors have recently made changes to their positions in the company. CYBER HORNET ETFs LLC increased its holdings in shares of Robinhood Markets by 527.8% in the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock worth $26,000 after acquiring an additional 190 shares in the last quarter. Elyxium Wealth LLC acquired a new position in shares of Robinhood Markets in the 4th quarter valued at approximately $27,000. MV Capital Management Inc. acquired a new position in shares of Robinhood Markets in the 4th quarter valued at approximately $27,000. C M Bidwell & Associates Ltd. bought a new stake in Robinhood Markets during the 2nd quarter worth approximately $27,000. Finally, Swiss RE Ltd. acquired a new stake in Robinhood Markets during the 4th quarter worth approximately $27,000. Institutional investors own 93.27% of the company’s stock.

About Robinhood Markets

(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.