Robinhood Markets, Inc. (NASDAQ:HOOD) Stock Has Consensus Price Target of $129.66

Shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report) have been given a consensus rating of “Moderate Buy” by the thirty-four ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, twenty-six have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $130.05.

Several research firms have weighed in on HOOD. Benchmark raised shares of Robinhood Markets to a “strong-buy” rating in a research note on Wednesday, September 9th. Barclays increased their price objective on shares of Robinhood Markets from $105.00 to $132.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 7th. The Goldman Sachs Group raised their target price on Robinhood Markets from $144.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, September 29th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Robinhood Markets in a research report on Tuesday, September 15th. Finally, Needham & Company LLC boosted their target price on Robinhood Markets from $120.00 to $123.00 and gave the company a “buy” rating in a research report on Wednesday, September 16th.

Get Our Latest Stock Report on Robinhood Markets

Insiders Place Their Bets

In other Robinhood Markets news, insider Steven Quirk sold 24,416 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $120.33, for a total value of $2,937,977.28. Following the completion of the sale, the insider owned 77,839 shares of the company’s stock, valued at approximately $9,366,366.87. This trade represents a 23.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Shiv Verma sold 11,472 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $110.42, for a total value of $1,266,738.24. Following the sale, the chief financial officer owned 56,858 shares of the company’s stock, valued at approximately $6,278,260.36. This represents a 16.79% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 1,089,658 shares of company stock valued at $127,966,018. 13.48% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Robinhood Markets

A number of large investors have recently modified their holdings of the company. MV Capital Management Inc. bought a new stake in shares of Robinhood Markets during the 4th quarter valued at $27,000. C M Bidwell & Associates Ltd. bought a new position in Robinhood Markets in the 2nd quarter worth about $27,000. James T. Borello RIA bought a new position in Robinhood Markets in the 3rd quarter worth about $29,000. SHP Wealth Management purchased a new position in Robinhood Markets during the 4th quarter valued at about $32,000. Finally, Cassaday & Co Wealth Management LLC purchased a new position in Robinhood Markets during the 1st quarter valued at about $33,000. 93.27% of the stock is currently owned by institutional investors.

Robinhood Markets Stock Up 1.8%

Robinhood Markets stock opened at $98.21 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.23. Robinhood Markets has a 12-month low of $63.51 and a 12-month high of $150.47. The firm’s fifty day moving average is $109.32 and its 200 day moving average is $96.79. The company has a market capitalization of $88.30 billion, a PE ratio of 43.26, a PEG ratio of 1.88 and a beta of 2.35.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last issued its earnings results 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. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. Robinhood Markets’s revenue was up 32.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.42 earnings per share. As a group, sell-side analysts predict that Robinhood Markets will post 2.15 EPS for the current fiscal year.

More Robinhood Markets News

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

  • Positive Sentiment: JPMorgan raised its HOOD price target from $103 to $115 while maintaining a “neutral” rating, implying meaningful potential upside from recent trading levels. The higher target reflects confidence in Robinhood’s earnings and growth prospects, even though JPMorgan is not recommending an outright Buy. JPMorgan Raises Robinhood Price Target
  • Positive Sentiment: Multiple previews argue that Robinhood has favorable conditions for beating upcoming earnings estimates, including positive estimate revisions and operating momentum. Investors will focus on transaction-based revenue, net deposits, cryptocurrency activity and the company’s outlook. Robinhood Expected to Beat Earnings Estimates
  • Positive Sentiment: Robinhood is broadening beyond its core brokerage business, with more than 15 recently announced products, including AI trading agents, weekend stock trading and prediction-market contracts. The expansion could diversify revenue and strengthen customer engagement. Robinhood Has 13 $100M Businesses
  • Neutral Sentiment: Robinhood’s prediction-market activity has reportedly grown sharply, adding to the company’s growth narrative. Yet the opportunity remains relatively new and may face regulatory uncertainty, making its long-term earnings contribution difficult to assess. Robinhood Prediction Market Analysis
  • Negative Sentiment: The stock recently declined even as the broader market advanced, suggesting investors may be taking profits or becoming more cautious about Robinhood’s elevated valuation. Analysts note that the shares trade at a substantial premium to the broader market, leaving less room for disappointing growth or guidance. Robinhood Stock Falls Amid Market Uptick
  • Negative Sentiment: A key risk is that Robinhood’s rapid expansion and strong recent revenue growth may slow. With the stock priced for continued growth, weaker trading activity, deposits or product adoption could pressure the shares. What Happens to Robinhood Stock if Growth Stalls?

About Robinhood Markets

(Get Free Report)

Robinhood Markets, Inc is a financial services company that operates a digital brokerage platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company became known for offering commission-free trading and a mobile-first investing experience designed to broaden access to financial markets.

Through its platform, Robinhood provides brokerage services for stocks, exchange-traded funds, options and other investments. Its offerings also include cryptocurrency trading, individual retirement accounts, margin investing, cash management services and Robinhood Gold, a subscription-based product that provides additional features and benefits.

Further Reading

Analyst Recommendations for Robinhood Markets (NASDAQ:HOOD)

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