Robinhood Markets (NASDAQ:HOOD) Stock Price Up 13.7% – Still a Buy?

Posted by Brenda Bartman on Aug 23rd, 2026

Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report)’s share price was up 13.7% during trading on Friday . The company traded as high as $109.71 and last traded at $108.13. 50,009,370 shares changed hands during mid-day trading, an increase of 77% from the average daily volume of 28,231,195 shares. The stock had previously closed at $95.10.

Robinhood Markets News Summary

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

Positive Sentiment: Bitcoin climbed toward $77,000 after trading near $62,800 earlier in the week, lifting crypto-linked brokerages. Higher crypto prices and trading activity could support Robinhood’s transaction revenue and attract more retail users. Robinhood Stock Jumps as Bitcoin Rally Fuels Crypto Shares
Positive Sentiment: Investor sentiment improved after the SEC’s proposed “Regulation Crypto Assets” framework reportedly sought to preempt state securities laws for tokenized contracts. A clearer national framework could expand Robinhood’s crypto, tokenization and 24-hour trading opportunities. SEC Clears the Crypto Runway
Positive Sentiment: President Trump’s support for the Clarity Act added to expectations for more predictable cryptocurrency rules, benefiting Robinhood and other digital-asset platforms. CEO Vlad Tenev has separately urged policymakers to move quickly on tokenized stocks and permanent crypto regulation.
Positive Sentiment: Options activity was unusually strong, with traders purchasing 408,085 call options—about 36% above typical call volume—signaling increased short-term bullish positioning, although options flows can be speculative.
Neutral Sentiment: Robinhood’s latest results provide a fundamental backdrop: quarterly revenue rose 32.5% year over year to $1.31 billion and earnings exceeded expectations. However, the stock’s elevated valuation leaves limited room for weaker execution or a pullback in crypto activity.
Negative Sentiment: Fundstrat’s Tom Lee reiterated that investors should avoid HOOD in 2026, citing valuation and execution concerns despite the company’s growth. The bearish view could limit gains if the crypto rally fades. Tom Lee Says Avoid Robinhood Stock
Negative Sentiment: CFO Shiv Verma sold 3,982 shares under a pre-arranged Rule 10b5-1 plan. The scheduled nature reduces its significance as a discretionary bearish signal, but insider selling can still weigh on sentiment. Robinhood CFO Insider Sale

Wall Street Analysts Forecast Growth

HOOD has been the topic of several recent analyst reports. Needham & Company LLC cut their target price on shares of Robinhood Markets from $123.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Morgan Stanley raised their target price on Robinhood Markets from $95.00 to $124.00 and gave the stock an “equal weight” rating in a research report on Friday, July 10th. Piper Sandler reaffirmed an “overweight” rating on shares of Robinhood Markets in a research report on Thursday, July 2nd. Zacks Research upgraded Robinhood Markets from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Finally, BTIG Research reissued a “buy” rating and set a $125.00 price target on shares of Robinhood Markets in a research report on Thursday, July 30th. Twenty-one investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.52.

Read Our Latest Research Report on HOOD

Robinhood Markets Trading Up 13.7%

The firm has a market capitalization of $97.22 billion, a PE ratio of 47.63, a price-to-earnings-growth ratio of 2.12 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 company has a fifty day moving average of $101.02 and a 200-day moving average of $86.23.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.62 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 the consensus estimate of $1.29 billion. During the same quarter in the previous year, the company posted $0.42 earnings per share. The business’s quarterly revenue was up 32.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Robinhood Markets, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Buying and Selling at Robinhood Markets

In related news, Director Baiju Bhatt sold 50,317 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $96.80, for a total transaction of $4,870,685.60. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paula Loop sold 8,336 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $120.00, for a total transaction of $1,000,320.00. Following the transaction, the director directly owned 63,674 shares in the company, valued at approximately $7,640,880. The trade was a 11.58% 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. Over the last quarter, insiders acquired 680,000 shares of company stock worth $55,306,560 and sold 612,704 shares worth $66,675,612. Corporate insiders own 13.48% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Empowered Funds LLC raised its holdings in shares of Robinhood Markets by 46.7% during the 1st quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock valued at $2,076,000 after purchasing an additional 15,885 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in Robinhood Markets in the second quarter worth $5,105,000. Federated Hermes Inc. boosted its holdings in Robinhood Markets by 106.2% in the second quarter. Federated Hermes Inc. now owns 63,957 shares of the company’s stock worth $5,988,000 after purchasing an additional 32,933 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Robinhood Markets by 19.1% in the second quarter. NewEdge Advisors LLC now owns 89,676 shares of the company’s stock worth $8,396,000 after purchasing an additional 14,356 shares in the last quarter. Finally, Nebula Research & Development LLC acquired a new position in Robinhood Markets during the second quarter worth $1,316,000. Institutional investors and hedge funds 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.