Robinhood Markets (NASDAQ:HOOD) Shares Gap Up After Analyst Upgrade

Posted by Geri Gentry on Sep 30th, 2026

Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report)’s share price gapped up prior to trading on Wednesday after BTIG Research raised their price target on the stock from $125.00 to $135.00. The stock had previously closed at $116.22, but opened at $122.61. BTIG Research currently has a buy rating on the stock. Robinhood Markets shares last traded at $115.2970, with a volume of 10,894,691 shares trading hands.

Several other equities research analysts have also recently commented on HOOD. Keefe, Bruyette & Woods boosted their price target on shares of Robinhood Markets from $100.00 to $115.00 and gave the stock a “market perform” rating in a research report on Tuesday. Citizens Jmp lifted their price objective on shares of Robinhood Markets from $155.00 to $165.00 and gave the stock a “market outperform” rating in a research note on Friday, September 11th. Piper Sandler reiterated an “overweight” rating and issued a $145.00 target price (up from $135.00) on shares of Robinhood Markets in a report on Wednesday, September 2nd. Needham & Company LLC cut their target price on shares of Robinhood Markets from $123.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Finally, Loop Capital set a $142.00 target price on shares of Robinhood Markets in a report on Tuesday, September 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Robinhood Markets presently has an average rating of “Moderate Buy” and a consensus price target of $132.83.

View Our Latest Stock Analysis on HOOD

Insiders Place Their Bets

In related news, CFO Shiv Verma sold 11,472 shares of the stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $110.42, for a total value of $1,266,738.24. Following the completion of the transaction, the chief financial officer owned 56,858 shares in the company, valued at $6,278,260.36. This trade represents a 16.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 dated Friday, August 14th. The stock was sold at an average price of $96.80, for a total value of $4,870,685.60. The disclosure for this sale is available in the SEC filing. 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 over the last three months. Company insiders own 13.48% of the company’s stock.

Key Headlines Impacting Robinhood Markets

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

Positive Sentiment: Robinhood announced expanded trading access, including weekend and near-continuous stock trading, allowing customers to trade beyond traditional market hours. Longer access could increase transaction activity, customer engagement and revenue opportunities. Robinhood unveils weekend hours and AI agents
Positive Sentiment: The company introduced AI-powered trading agents that can help automate strategies and execute trades, along with earnings prediction markets and other active-trading tools. The offerings could differentiate HOOD from traditional commission-free brokers and attract more sophisticated retail traders. HOOD stock rises after new product announcements
Positive Sentiment: Robinhood is expanding into perpetual futures tied to crypto and traditional assets, broadening its product mix and potentially increasing trading volume. A partnership with Narravance will add narrative-intelligence technology to Robinhood Agents, supporting the company’s artificial-intelligence strategy. Robinhood adds perpetual futures
Positive Sentiment: Analysts remain generally constructive: BTIG raised its price target to $135 and Goldman Sachs lifted its target to $145, both retaining positive ratings. September trading metrics were also described as supportive of a solid third quarter. BTIG raises Robinhood price target
Neutral Sentiment: Robinhood’s 24-hour-market early-mover advantage may weaken as Nasdaq and other venues expand regulated overnight trading. However, improved clearing, transparency and execution reliability could reduce operational risks. Nasdaq’s expanded trading hours
Negative Sentiment: The growth initiatives add regulatory, technology and potential customer-loss risks, particularly as autonomous trading and perpetual futures receive scrutiny. HOOD also trades at a high valuation, while Deutsche Bank trimmed its target to $134 and Keefe Bruyette & Woods maintained a market-perform view.

Institutional Investors Weigh In On Robinhood Markets

Hedge funds have recently made changes to their positions in the company. Wellington Management Group LLP raised its stake in Robinhood Markets by 37.1% during the 2nd quarter. Wellington Management Group LLP now owns 786,318 shares of the company’s stock valued at $78,852,000 after purchasing an additional 212,855 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of Robinhood Markets in the second quarter valued at $22,691,000. NewEdge Advisors LLC boosted its position in shares of Robinhood Markets by 18.3% in the second quarter. NewEdge Advisors LLC now owns 68,920 shares of the company’s stock worth $6,911,000 after buying an additional 10,685 shares during the period. Nykredit A S acquired a new stake in shares of Robinhood Markets in the second quarter worth $29,008,000. Finally, Groupe la Francaise purchased a new position in shares of Robinhood Markets during the second quarter valued at $5,544,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Robinhood Markets Stock Down 1.0%

The firm has a market cap of $103.47 billion, a PE ratio of 50.67, 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. The business has a fifty day moving average price of $105.23 and a two-hundred day moving average price of $93.07.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the business earned $0.42 EPS. The business’s revenue for the quarter was up 32.5% on a year-over-year basis. On average, analysts anticipate that Robinhood Markets, Inc. will post 2.15 EPS for the current fiscal year.

Robinhood Markets Company Profile

(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.