Robinhood Markets (NASDAQ:HOOD – Get Free Report)‘s stock had its “overweight” rating restated by Morgan Stanley in a research report issued to clients and investors on Wednesday, Benzinga reports. They presently have a $150.00 price target on the stock. Morgan Stanley’s target price would suggest a potential upside of 33.33% from the company’s current price.
A number of other brokerages have also issued reports on HOOD. Weiss Ratings reiterated a “hold (c)” rating on shares of Robinhood Markets in a research report on Monday, September 21st. Scotiabank started coverage on shares of Robinhood Markets in a research note on Wednesday, September 2nd. They issued a “sector outperform” rating and a $136.00 price target on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $160.00 price target on shares of Robinhood Markets in a research note on Tuesday, September 8th. The Goldman Sachs Group raised their price target on shares of Robinhood Markets from $124.00 to $142.00 and gave the company a “buy” rating in a research note on Tuesday, September 8th. Finally, Argus raised their price target on shares of Robinhood Markets from $90.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Robinhood Markets has an average rating of “Moderate Buy” and a consensus price target of $132.83.
Get Our Latest Research Report on Robinhood Markets
Robinhood Markets Price Performance
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.18. Robinhood Markets had a return on equity of 22.43% and a net margin of 42.01%.The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the firm posted $0.42 EPS. The business’s revenue was up 32.5% on a year-over-year basis. Equities analysts predict that Robinhood Markets will post 2.15 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider Daniel Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $122.43, for a total transaction of $1,224,300.00. Following the transaction, the insider owned 509,943 shares in the company, valued at $62,432,321.49. The trade was a 1.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 50,317 shares of Robinhood Markets stock in a transaction on Friday, August 14th. The stock was sold at an average price of $96.80, for a total value of $4,870,685.60. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,121,121 shares of company stock worth $132,674,478. 13.48% of the stock is currently owned by insiders.
Institutional Trading of Robinhood Markets
Institutional investors have recently made changes to their positions in the company. MV Capital Management Inc. purchased a new stake in shares of Robinhood Markets during the 4th quarter valued at approximately $27,000. C M Bidwell & Associates Ltd. purchased a new stake in Robinhood Markets in the 2nd quarter valued at about $27,000. SHP Wealth Management purchased a new stake in Robinhood Markets in the 4th quarter valued at about $32,000. Glen Eagle Advisors LLC raised its holdings in Robinhood Markets by 812.9% in the 4th quarter. Glen Eagle Advisors LLC now owns 283 shares of the company’s stock valued at $32,000 after buying an additional 252 shares during the period. Finally, Copos Capital S.a r.l. purchased a new stake in Robinhood Markets in the 4th quarter valued at about $33,000. Hedge funds and other 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 unveiled “Robinhood Agents,” AI tools that can research markets, develop strategies and place trades within customer-defined limits. The features could increase engagement, trading activity and customer assets while differentiating HOOD from other retail brokerages. Robinhood unveils weekend hours, AI agents to allow users to trade nonstop
- Positive Sentiment: The company plans to expand trading in selected stocks to a near-continuous schedule, including weekends, alongside crypto and traditional-asset perpetual contracts. Broader market access may support higher trading volumes and transaction-related revenue. Robinhood brings round-the-clock trading to select stocks
- Positive Sentiment: Wall Street support remains favorable. Morgan Stanley reaffirmed an overweight rating with a $150 target, while BTIG raised its target to $135 and Goldman Sachs maintained a buy rating with a $145 target.
- Neutral Sentiment: Robinhood is also adding social-investing tools, weekend trading and prediction-market capabilities, reinforcing its strategy of becoming a broader financial “super app.” These initiatives could deepen customer relationships, but their revenue contribution is not yet established. Robinhood’s financial super-app ambitions
- Negative Sentiment: Autonomous AI trading and perpetual contracts raise suitability, loss, compliance and reputational risks, particularly for inexperienced investors. The market is assessing whether Robinhood can provide adequate safeguards as it automates more trading decisions. Robinhood expands AI agentic trading
- Negative Sentiment: At roughly $112.50, HOOD remains well above its 200-day average and trades at an elevated earnings multiple near 50. That valuation leaves less room for disappointment, helping explain the stock’s retreat despite the long-term growth narrative.
Robinhood Markets Company Profile
Robinhood Markets, Inc (NASDAQ: HOOD) operates a financial services platform designed to provide investing and trading products through mobile applications and a website. Its offerings include commission-free trading in stocks and exchange-traded funds, options trading, cryptocurrency services, margin investing, and retirement accounts. The company also provides cash management features and other tools intended to help customers manage and invest their money.
Founded in 2013 by Vlad Tenev and Baiju Bhatt, Robinhood gained prominence by expanding access to investing through a low-cost, easy-to-use digital platform.
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