Robinhood Markets (NASDAQ:HOOD – Get Free Report) had its price objective cut by research analysts at Scotiabank from $136.00 to $124.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has a “sector outperform” rating on the stock. Scotiabank‘s price target indicates a potential upside of 31.13% from the stock’s current price.
Several other analysts have also recently weighed in on the company. CICC Research lifted their price target on Robinhood Markets from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Bank of America increased their price objective on Robinhood Markets from $140.00 to $156.00 and gave the stock a “buy” rating in a research report on Monday, October 5th. Zacks Research raised shares of Robinhood Markets from a “hold” rating to a “strong-buy” rating in a research report on Thursday, September 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Robinhood Markets in a research note on Monday, September 21st. Finally, Benchmark raised Robinhood Markets to a “strong-buy” rating in a research report on Wednesday, September 9th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Robinhood Markets currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.17.
Read Our Latest Report on HOOD
Robinhood Markets Stock Performance
HOOD opened at $94.56 on Wednesday. The firm has a market capitalization of $85.02 billion, a PE ratio of 41.66 and a beta of 2.35. Robinhood Markets has a 52-week low of $63.51 and a 52-week high of $150.47. The business’s 50-day simple moving average is $108.78 and its 200 day simple moving average is $93.44.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.04. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.44 billion. Robinhood Markets’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period last year, the firm earned $0.61 EPS. On average, research analysts forecast that Robinhood Markets will post 2.19 earnings per share for the current year.
Insider Transactions at Robinhood Markets
In other Robinhood Markets news, insider Daniel Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $113.71, for a total value of $1,137,100.00. Following the transaction, the insider owned 499,943 shares in the company, valued at $56,848,518.53. The trade was a 1.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $113.72, for a total value of $42,645,000.00. Following the transaction, the chief executive officer directly owned 375,000 shares of the company’s stock, valued at approximately $42,645,000. The trade was a 50.00% 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. Over the last 90 days, insiders have sold 1,091,347 shares of company stock valued at $128,447,880. Company insiders own 13.48% of the company’s stock.
Institutional Trading of Robinhood Markets
A number of hedge funds and other institutional investors have recently modified their holdings of HOOD. Crossmark Global Holdings Inc. lifted its stake in shares of Robinhood Markets by 0.4% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 27,405 shares of the company’s stock valued at $3,083,000 after acquiring an additional 102 shares during the last quarter. Lake Street Private Wealth LLC lifted its position in shares of Robinhood Markets by 0.3% in the 3rd quarter. Lake Street Private Wealth LLC now owns 43,899 shares of the company’s stock worth $4,939,000 after purchasing an additional 114 shares during the period. Parkside Financial Bank & Trust raised its position in shares of Robinhood Markets by 11.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,089 shares of the company’s stock worth $109,000 after acquiring an additional 116 shares in the last quarter. Root Financial Partners LLC boosted its holdings in shares of Robinhood Markets by 5.4% during the 3rd quarter. Root Financial Partners LLC now owns 2,510 shares of the company’s stock worth $282,000 after buying an additional 129 shares in the last quarter. Finally, Brookstone Capital Management increased its stake in Robinhood Markets by 2.5% in the third quarter. Brookstone Capital Management now owns 5,230 shares of the company’s stock valued at $588,000 after purchasing an additional 129 shares in the last quarter. Institutional investors own 93.27% of the company’s stock.
Robinhood Markets News Summary
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Robinhood reported record third-quarter revenue of approximately $1.42 billion, up about 12% year over year. Net deposits reached $16 billion, platform assets rose 19% to $396 billion, and Robinhood Gold subscribers increased to a record 5.2 million. Robinhood Reports Third Quarter 2026 Results
- Positive Sentiment: Event contracts, options and other products helped offset the crypto slowdown. Event-contract activity reached a record 16.4 billion contracts, while the company said it now has 14 business lines generating at least $100 million in annualized revenue. Robinhood quarterly revenue rises 12%
- Positive Sentiment: The partnership with Ripple to expand RLUSD could support Robinhood’s stablecoin, institutional trading and treasury-management ambitions, adding potential growth beyond retail crypto trading. Ripple strikes deal with Robinhood
- Neutral Sentiment: Adjusted EPS of $0.60 exceeded the $0.56 consensus estimate, but reported diluted EPS fell 16% year over year to $0.51. The mixed earnings metrics have made investor sentiment dependent on the quality and durability of revenue growth. Robinhood Q3 Earnings Surpass Estimates
- Negative Sentiment: Crypto revenue dropped 55% from a year earlier to about $120 million as subdued crypto markets reduced trading activity. Rising costs and the slight revenue shortfall versus Wall Street expectations further pressured the earnings reaction. Robinhood shares fall as crypto markets chill drives profit miss
- Negative Sentiment: Reports of substantial insider selling added pressure, while the stock’s move below its 200-day moving average near $93.44 represents a potentially negative technical signal for momentum-focused investors. Robinhood Q3 2026 Earnings and Insider Trading Activity
Robinhood Markets Company Profile
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.
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