Robinhood Markets (NASDAQ:HOOD) Stock Price Down 3.2% Following Analyst Downgrade

Posted by Brenda Bartman on Sep 30th, 2026

Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report)’s share price fell 3.2% during mid-day trading on Wednesday after Deutsche Bank Aktiengesellschaft lowered their price target on the stock from $138.00 to $134.00. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Robinhood Markets traded as low as $111.95 and last traded at $112.50. 34,791,913 shares were traded during trading, an increase of 27% from the average session volume of 27,374,379 shares. The stock had previously closed at $116.22.

A number of other research firms also recently issued reports on HOOD. Mizuho boosted their target price on shares of Robinhood Markets from $130.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, September 9th. Needham & Company LLC reduced their price target on shares of Robinhood Markets from $123.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Benchmark raised shares of Robinhood Markets to a “strong-buy” rating in a research note on Wednesday, September 9th. Piper Sandler reiterated an “overweight” rating and set a $145.00 price objective (up from $135.00) on shares of Robinhood Markets in a report on Wednesday, September 2nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Robinhood Markets in a research report on Monday, September 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $132.83.

Check Out Our Latest Analysis on HOOD

Insiders Place Their Bets

In other Robinhood Markets news, CEO Vladimir Tenev sold 240,834 shares of the company’s stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $125.33, for a total transaction of $30,183,725.22. Following the transaction, the chief executive officer owned 240,834 shares in the company, valued at approximately $30,183,725.22. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 43,373 shares of the business’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $114.28, for a total transaction 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 a total of 1,121,121 shares of company stock worth $132,674,478 in the last quarter. Insiders own 13.48% 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 designed to research markets, develop strategies and place trades within customer-defined limits. The initiative could increase engagement, trading activity and fee revenue by making sophisticated tools more accessible to retail investors. Robinhood unveils weekend hours, AI agents to allow users to trade nonstop
Positive Sentiment: The company plans to offer round-the-clock trading in select stocks, including weekends, while adding crypto and traditional-asset perpetual contracts, options enhancements and social-investing features. The broader product lineup could attract active traders and deepen customer relationships. Robinhood brings round-the-clock trading to select stocks
Positive Sentiment: Morgan Stanley reaffirmed its Overweight rating and assigned a $150 price target. Other analysts also remain constructive: BTIG raised its target to $135 and Goldman Sachs raised its target to $145, supporting the bullish view on Robinhood’s growth and trading metrics.
Neutral Sentiment: Nasdaq’s planned 23-hour trading session and expanded clearing infrastructure may improve market liquidity and execution reliability. However, wider access could reduce Robinhood’s early-mover advantage because competitors will be able to route orders to the same regulated venues. Up All Night: How Nasdaq’s 23-Hour Trading Could Wake Up Wall Street
Negative Sentiment: Autonomous AI trading introduces potential regulatory, liability and customer-protection risks, while perpetual contracts and nonstop trading could increase volatility and operational demands. Investors may also be taking profits after the announcements, particularly with HOOD trading at a relatively high earnings multiple near 50.

Hedge Funds Weigh In On Robinhood Markets

A number of hedge funds have recently added to or reduced their stakes in HOOD. MV Capital Management Inc. bought a new stake in Robinhood Markets during the 4th quarter worth approximately $27,000. C M Bidwell & Associates Ltd. bought a new position in shares of Robinhood Markets in the second quarter valued at approximately $27,000. SHP Wealth Management bought a new position in shares of Robinhood Markets in the fourth quarter valued at approximately $32,000. Glen Eagle Advisors LLC boosted its position in shares of Robinhood Markets by 812.9% during the fourth 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 last quarter. Finally, Copos Capital S.a r.l. purchased a new position in shares of Robinhood Markets during the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Robinhood Markets Price Performance

The company has a fifty day moving average of $105.23 and a 200-day moving average of $93.07. The firm has a market cap of $101.15 billion, a P/E ratio of 49.56, a P/E/G ratio of 2.32 and a beta of 2.34. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.22 and a quick ratio of 1.22.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.18. Robinhood Markets had a return on equity of 22.43% and a net margin of 42.01%.The business had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period last year, the business earned $0.42 EPS. The business’s revenue was up 32.5% on a year-over-year basis. On average, sell-side analysts anticipate that Robinhood Markets, Inc. will post 2.15 EPS for the current fiscal year.

About Robinhood Markets

(Get Free Report)

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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