Robinhood Markets (NASDAQ:HOOD) Posts Earnings Results, Beats Estimates By $0.04 EPS

Posted by Francis Steltz on Oct 29th, 2026

Robinhood Markets (NASDAQ:HOOD – Get Free Report) issued its earnings results on Wednesday. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.04, FiscalAI reports. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same period in the prior year, the business posted $0.61 earnings per share. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year.

Robinhood Markets Stock Up 0.3%

NASDAQ:HOOD traded up $0.28 during trading hours on Thursday, hitting $91.71. 8,630,267 shares of the stock traded hands, compared to its average volume of 26,538,393. The firm has a market cap of $82.45 billion, a price-to-earnings ratio of 40.33, a PEG ratio of 1.89 and a beta of 2.35. Robinhood Markets has a fifty-two week low of $63.51 and a fifty-two week high of $150.47. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.23. The firm has a 50 day moving average price of $108.78 and a 200 day moving average price of $93.32.

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. Adjusted EPS of $0.60 exceeded the $0.56 consensus estimate, while net deposits reached $16 billion and Robinhood Gold subscribers rose to a record 5.2 million. Robinhood Reports Third Quarter 2026 Results
Positive Sentiment: Prediction markets were the key growth driver, with event-contract activity expanding sharply and revenue surpassing crypto revenue. Management described the business as being at the beginning of a potential “prediction market supercycle,” supported by sports, elections and non-sports contracts. Robinhood Prediction Market Supercycle
Positive Sentiment: Analysts remain broadly constructive despite reducing targets. Goldman Sachs kept a “buy” rating with a $128 target, while Barclays, Truist, Needham and Rosenblatt also maintained bullish ratings. Bernstein called the pullback a potential buying opportunity, citing prediction markets as the next growth catalyst. Bernstein Robinhood Prediction Markets Analysis
Neutral Sentiment: Robinhood is expanding beyond traditional brokerage through AI-powered trading accounts, tokenization, Robinhood Chain and a partnership with Ripple involving the RLUSD stablecoin. These initiatives could diversify revenue but add execution and regulatory risk.
Negative Sentiment: Crypto revenue fell 55% from a year earlier, while tighter spreads, softer interest income and higher expenses pressured profitability. Diluted EPS declined year over year to $0.51 and reportedly missed Wall Street expectations, despite the adjusted EPS beat. Robinhood Shares Fall as Crypto Markets Chill
Negative Sentiment: Ohio regulators issued a cease-and-desist demand concerning Robinhood’s sports-related event contracts, creating uncertainty around a business that management identifies as a major growth opportunity. The company also declined to provide a 2026 operating-expense outlook.
Negative Sentiment: Frequent insider selling and multiple analyst target reductions are adding to investor caution, even though most revised targets remain above the current trading level.

Analyst Ratings Changes

Several research firms recently commented on HOOD. Rosenblatt Securities reiterated a “buy” rating and issued a $135.00 price objective on shares of Robinhood Markets in a research report on Wednesday. The Goldman Sachs Group decreased their price objective on Robinhood Markets from $145.00 to $128.00 and set a “buy” rating on the stock in a research note on Wednesday. Rothschild & Co Redburn lifted their price target on shares of Robinhood Markets from $78.00 to $80.00 and gave the stock a “sell” rating in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft cut their price target on Robinhood Markets from $138.00 to $134.00 and set a “buy” rating for the company in a report on Tuesday, September 29th. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Robinhood Markets in a research report on Monday, October 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Robinhood Markets presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.45.

Get Our Latest Research Report on HOOD

Insider Transactions at Robinhood Markets

In related news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction on Monday, October 5th. The stock was sold at an average price of $113.71, for a total transaction of $1,137,100.00. Following the completion of the sale, the insider directly owned 499,943 shares in the company, valued at approximately $56,848,518.53. This trade represents a 1.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Shiv Verma sold 11,472 shares of Robinhood Markets stock in a transaction 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 directly owned 56,858 shares of the company’s stock, valued at approximately $6,278,260.36. The trade was a 16.79% 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. In the last quarter, insiders have sold 1,091,347 shares of company stock worth $128,447,880. 13.48% of the stock is owned by company insiders.

Robinhood Markets Company Profile

(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.