Robinhood Markets (NASDAQ:HOOD) Stock Gets Price Target Cut from KeyCorp

Posted by Geri Gentry on Oct 31st, 2026

Robinhood Markets (NASDAQ:HOOD – Free Report) had its price objective cut by KeyCorp from $140.00 to $135.00 in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have an overweight rating on the stock.

A number of other research analysts have also issued reports on the company. Zacks Research upgraded Robinhood Markets from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 3rd. Jefferies Financial Group increased their price target on Robinhood Markets from $127.00 to $140.00 and gave the company a “buy” rating in a research report on Tuesday, September 8th. JPMorgan Chase & Co. boosted their price objective on Robinhood Markets from $103.00 to $115.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 20th. Benchmark upgraded shares of Robinhood Markets to a “strong-buy” rating in a research note on Wednesday, September 9th. Finally, The Goldman Sachs Group raised their target price on shares of Robinhood Markets from $144.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, September 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Robinhood Markets has a consensus rating of “Moderate Buy” and an average target price of $127.39.

Read Our Latest Stock Analysis on Robinhood Markets

Robinhood Markets Stock Performance

NASDAQ HOOD opened at $84.99 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.22 and a current ratio of 1.24. The stock’s fifty day moving average is $108.49 and its two-hundred day moving average is $93.04. The firm has a market capitalization of $76.41 billion, a P/E ratio of 39.17, a price-to-earnings-growth ratio of 1.95 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.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.04. Robinhood Markets had a net margin of 39.04% and a return on equity of 21.49%. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same period last year, the business earned $0.61 earnings per share. Robinhood Markets’s revenue was up 11.5% compared to the same quarter last year. On average, research analysts anticipate that Robinhood Markets will post 2.15 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Steven Quirk sold 24,416 shares of the stock in a transaction 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 directly owned 77,839 shares in the company, valued at approximately $9,366,366.87. This represents a 23.88% decrease in their position. The sale was disclosed in a document filed 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, CEO Vladimir Tenev sold 375,000 shares of the stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $113.72, for a total value of $42,645,000.00. Following the completion of the sale, the chief executive officer owned 375,000 shares of the company’s stock, valued at approximately $42,645,000. This trade represents 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. In the last 90 days, insiders have sold 1,091,347 shares of company stock worth $128,447,880. 13.48% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Caldwell Trust Co boosted its holdings in Robinhood Markets by 56.4% in the third quarter. Caldwell Trust Co now owns 4,279 shares of the company’s stock worth $481,000 after purchasing an additional 1,543 shares during the period. 3Chopt Investment Partners LLC bought a new stake in Robinhood Markets during the third quarter valued at $218,000. Compass Financial Management LLC increased its stake in Robinhood Markets by 36.3% during the third quarter. Compass Financial Management LLC now owns 1,834 shares of the company’s stock valued at $206,000 after purchasing an additional 488 shares during the last quarter. Rakuten Investment Management Inc. raised its holdings in shares of Robinhood Markets by 9.7% during the third quarter. Rakuten Investment Management Inc. now owns 139,373 shares of the company’s stock worth $16,198,000 after purchasing an additional 12,304 shares during the period. Finally, Provenance Wealth Advisors LLC acquired a new stake in shares of Robinhood Markets during the third quarter worth $77,000. Institutional investors and hedge funds 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: Diversification is gaining traction. Robinhood reported record third-quarter revenue of approximately $1.42 billion, while prediction-market activity, equities, options and margin trading remained strong. Management also highlighted expansion of its Agentic Trading suite, crypto offerings and broader financial “super app” strategy. Robinhood’s Diversification Push Gains Momentum in Q3
Positive Sentiment: Prediction markets are a major growth opportunity. The business reportedly grew sevenfold year over year, with management arguing that prediction markets could become a significant long-term revenue stream as activity expands beyond sports. Why Robinhood Thinks We’re at the Beginning of a Prediction Market Supercycle
Positive Sentiment: Some analysts remain bullish. BTIG, Rosenblatt and Citizens JMP reiterated positive ratings, reflecting confidence in Robinhood’s product expansion and longer-term growth potential. BTIG Reaffirms Buy Rating
Neutral Sentiment: Broader market pressure is adding volatility. A technology selloff and concerns about the sustainability of AI-related spending are weighing on high-growth and trading-platform stocks generally. Morning Call Sheet
Negative Sentiment: Quarterly profitability disappointed investors. Although revenue reached a record, reports said adjusted EPS missed expectations, while GAAP net income and diluted EPS fell year over year. The contrast between strong top-line growth and weaker earnings raised concerns about operating performance and valuation. Why Wall Street Remains Bullish Despite the Decline
Negative Sentiment: Crypto revenue fell sharply. Crypto revenue dropped 55% year over year amid a weaker crypto market, reducing a historically important source of transaction revenue. A record Binance theft also pressured crypto-related stocks across the sector. Crypto Stocks Fall After Binance Hack
Negative Sentiment: Analysts lowered expectations. Wells Fargo, Goldman Sachs, JPMorgan, Barclays, KeyCorp, Scotiabank and Needham reduced price targets or forecasts, contributing to selling pressure. Barclays Cuts Robinhood Price Target

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.