Robinhood Markets (NASDAQ:HOOD – Get Free Report)‘s stock had its “overweight” rating reaffirmed by research analysts at Morgan Stanley in a note issued to investors on Wednesday, Benzinga reports. They currently have a $150.00 price objective on the stock. Morgan Stanley’s price target would indicate a potential upside of 33.33% from the stock’s current price.
A number of other brokerages also recently weighed in on HOOD. Scotiabank initiated coverage on Robinhood Markets in a report on Wednesday, September 2nd. They set a “sector outperform” rating and a $136.00 price target on the stock. Needham & Company LLC decreased their price objective on Robinhood Markets from $123.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Argus boosted their price target on shares of Robinhood Markets from $90.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, June 17th. KeyCorp lifted their price objective on Robinhood Markets from $100.00 to $125.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Robinhood Markets in a research note on Monday, September 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $132.83.
Get Our Latest Stock Report on Robinhood Markets
Robinhood Markets Trading Down 3.2%
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last issued 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. 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 analysts’ expectations of $1.29 billion. During the same quarter last year, the business posted $0.42 EPS. Robinhood Markets’s revenue was up 32.5% on a year-over-year basis. On average, sell-side analysts anticipate that Robinhood Markets will post 2.15 earnings per share for the current fiscal year.
Insider Activity
In other Robinhood Markets news, CEO Vladimir Tenev sold 240,834 shares of the company’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $125.33, for a total value of $30,183,725.22. Following the completion of the transaction, the chief executive officer owned 240,834 shares of the company’s stock, valued at $30,183,725.22. This represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 43,373 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $114.28, for a total value of $4,956,666.44. 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. Insiders have sold 1,121,121 shares of company stock worth $132,674,478 over the last 90 days. Company insiders own 13.48% of the company’s stock.
Institutional Investors Weigh In On Robinhood Markets
A number of institutional investors have recently added to or reduced their stakes in HOOD. QRG Capital Management Inc. grew its position in Robinhood Markets by 14.8% in the second quarter. QRG Capital Management Inc. now owns 180,595 shares of the company’s stock valued at $18,110,000 after acquiring an additional 23,253 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in shares of Robinhood Markets by 31.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 15,529 shares of the company’s stock valued at $1,557,000 after acquiring an additional 3,738 shares during the last quarter. Capstone Financial Advisors Inc. boosted its stake in Robinhood Markets by 17.5% in the second quarter. Capstone Financial Advisors Inc. now owns 3,569 shares of the company’s stock worth $358,000 after purchasing an additional 532 shares in the last quarter. Whetstone Capital Advisors LLC raised its holdings in shares of Robinhood Markets by 8.8% in the second quarter. Whetstone Capital Advisors LLC now owns 54,755 shares of the company’s stock valued at $5,491,000 after buying an additional 4,419 shares during the last quarter. Finally, National Pension Service lifted its position in Robinhood Markets by 5.1% during the 2nd quarter. National Pension Service now owns 2,298,238 shares of the company’s stock worth $230,467,000 after buying an additional 112,365 shares in the last quarter. 93.27% of the stock is owned by institutional investors and hedge funds.
More Robinhood Markets News
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Robinhood unveiled AI-powered “Agents” that can research markets, develop strategies and place trades within customer-defined limits. The company also announced weekend and round-the-clock trading for select stocks, broader options capabilities, social-investing tools and crypto perpetual contracts. These additions could increase customer engagement, trading activity and revenue per user. Robinhood unveils weekend hours and AI agents
- Positive Sentiment: Analyst sentiment remained supportive. Morgan Stanley reaffirmed an overweight rating with a $150 price target, while BTIG raised its target to $135 and Goldman Sachs maintained a buy rating with a $145 target. Stock movers including Robinhood
- Neutral Sentiment: Nasdaq’s planned 23-hour trading session and expanded clearing infrastructure could improve liquidity and execution reliability for Robinhood. However, the changes may also reduce the competitive advantage of Robinhood’s existing 24-hour market as other brokers gain access to regulated overnight trading. Nasdaq’s 23-hour trading
- Negative Sentiment: The stock’s early enthusiasm faded, suggesting some investors viewed the product announcements as already reflected in the price. With Robinhood valued at roughly $101 billion and trading at a high earnings multiple, investors may be demanding evidence that the new features will materially improve earnings.
- Negative Sentiment: Commentary also highlighted risks around autonomous AI trading, including suitability, investor protection, platform reliability and regulatory scrutiny—particularly for less-experienced customers. Intense competition from other brokerages could further limit the financial payoff.
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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