Robinhood Markets (NASDAQ:HOOD) Research Coverage Started at Wells Fargo & Company

Posted by Brenda Bartman on Oct 5th, 2026

Wells Fargo & Company initiated coverage on shares of Robinhood Markets (NASDAQ:HOOD – Free Report) in a research note published on Friday, MarketBeat.com reports. The firm issued an equal weight rating and a $125.00 price objective on the stock.

Several other research analysts also recently commented on the company. China Renaissance initiated coverage on Robinhood Markets in a research note on Tuesday, July 7th. They issued a “buy” rating for the company. Citizens Jmp upped their price target on Robinhood Markets from $155.00 to $165.00 and gave the company a “market outperform” rating in a research report on Friday, September 11th. Benchmark raised shares of Robinhood Markets to a “strong-buy” rating in a report on Wednesday, September 9th. Zacks Research raised shares of Robinhood Markets from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 3rd. Finally, Loop Capital set a $135.00 price objective on shares of Robinhood Markets in a research report on Tuesday, September 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $132.50.

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Robinhood Markets Stock Performance

NASDAQ:HOOD opened at $112.74 on Friday. The company has a market cap of $101.36 billion, a P/E ratio of 49.67, a P/E/G ratio of 2.33 and a beta of 2.35. The stock’s fifty day moving average price is $105.94 and its two-hundred day moving average price is $93.85. Robinhood Markets has a 1 year low of $63.51 and a 1 year high of $153.86. 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 posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 EPS 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 during the quarter, compared to analyst estimates of $1.29 billion. During the same period last year, the company earned $0.42 earnings per share. The business’s revenue for the quarter was up 32.5% on a year-over-year basis. As a group, analysts expect that Robinhood Markets will post 2.13 EPS for the current year.

Insiders Place Their Bets

In other Robinhood Markets news, Director Baiju Bhatt sold 50,317 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $96.80, for a total transaction of $4,870,685.60. 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, CEO Vladimir Tenev sold 259,166 shares of Robinhood Markets stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $125.58, for a total value of $32,546,066.28. Following the sale, the chief executive officer directly owned 259,166 shares of the company’s stock, valued at approximately $32,546,066.28. This trade represents a 50.00% 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. Insiders have sold 704,658 shares of company stock valued at $84,183,918 over the last quarter. Insiders own 13.48% of the company’s stock.

Institutional Trading of Robinhood Markets

A number of hedge funds have recently bought and sold shares of HOOD. Bank of New York Mellon Corp purchased a new stake in shares of Robinhood Markets in the 2nd quarter valued at $379,695,000. Amundi raised its position in Robinhood Markets by 89.0% in the 1st quarter. Amundi now owns 6,385,232 shares of the company’s stock worth $442,497,000 after purchasing an additional 3,007,103 shares during the period. Corient Private Wealth LLC lifted its stake in Robinhood Markets by 5,221.4% in the fourth quarter. Corient Private Wealth LLC now owns 2,559,848 shares of the company’s stock worth $289,519,000 after purchasing an additional 2,511,743 shares during the last quarter. Index Venture Growth Associates V Ltd bought a new stake in Robinhood Markets in the fourth quarter worth $193,163,000. Finally, Renaissance Technologies LLC boosted its position in Robinhood Markets by 48.6% during the first quarter. Renaissance Technologies LLC now owns 5,104,137 shares of the company’s stock valued at $353,717,000 after buying an additional 1,668,400 shares during the period. Institutional investors own 93.27% of the company’s stock.

Trending Headlines about Robinhood Markets

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

Positive Sentiment: Expanded trading access could boost engagement and revenue. Robinhood plans to offer 24/7 trading for select U.S. stocks and ETFs, including weekends, in 2027. The company is also preparing Solana perpetual futures, potentially increasing trading activity and crypto-related revenue. Robinhood Markets Plans Perpetual Futures and Weekend Stock Trading
Positive Sentiment: AI product launches are strengthening Robinhood’s growth narrative. New in-app AI agents can analyze markets and execute trades for customers, while a partnership with Narravance adds viral-stock and investor-sentiment research tools. Management says these offerings could give retail customers capabilities historically reserved for larger institutions. Robinhood Bets on AI Agents That Can Trade
Positive Sentiment: Analyst support remains a tailwind. Morgan Stanley reaffirmed an overweight rating, KeyBanc raised its price target to $140 while maintaining its positive view, and Wells Fargo initiated coverage at equal weight with a $125 target—above the referenced share price. Wells Fargo Initiates Coverage of Robinhood
Neutral Sentiment: Robinhood reportedly holds approximately $25 billion in cryptocurrency across 12 blockchains, highlighting substantial exposure to crypto trading demand but also to volatile digital-asset markets. Its third-quarter results are scheduled for October 27.
Negative Sentiment: Valuation and risk concerns remain. Robinhood trades at a high earnings multiple after strong gains, prompting concerns about slowing growth. A recent analyst downgrade and Deutsche Bank’s cautious forecast provide counterweights to the bullish recommendations. Critics also warn that AI agents trading autonomously could create regulatory, operational, and liability risks, despite Robinhood’s use of a separate entity for its AI technology. What’s Next for Robinhood Stock as Valuation Concerns Remain?

About Robinhood Markets

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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.