Should I buy or sell Robinhood Markets stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Robinhood Markets in the last year. There are currently 3 sell ratings, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HOOD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HOOD, but not buy additional shares or sell existing shares. View HOOD analyst ratings or view top-rated stocks .

What is Robinhood Markets' stock price target for 2024?

14 brokerages have issued twelve-month price targets for Robinhood Markets' stock. Their HOOD share price targets range from $9.50 to $30.00. On average, they predict the company's share price to reach $18.81 in the next year. This suggests a possible upside of 10.1% from the stock's current price. View analysts price targets for HOOD or view top-rated stocks among Wall Street analysts .

How have HOOD shares performed in 2024?

Robinhood Markets' stock was trading at $12.74 at the start of the year. Since then, HOOD stock has increased by 34.1% and is now trading at $17.08. View the best growth stocks for 2024 here .

Are investors shorting Robinhood Markets?

Robinhood Markets saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 30,050,000 shares, a drop of 6.7% from the March 15th total of 32,200,000 shares. Based on an average trading volume of 15,420,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 6.9% of the shares of the stock are sold short. View Robinhood Markets' Short Interest .

When is Robinhood Markets' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our HOOD earnings forecast .

How can I listen to Robinhood Markets' earnings call?

Robinhood Markets will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Robinhood Markets' earnings last quarter?

Robinhood Markets, Inc. (NASDAQ:HOOD) released its quarterly earnings results on Tuesday, February, 13th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.04. The firm had revenue of $471 million for the quarter, compared to the consensus estimate of $454.73 million. Robinhood Markets had a negative net margin of 29.01% and a negative trailing twelve-month return on equity of 7.87%. Robinhood Markets's quarterly revenue was up 23.9% compared to the same quarter last year. During the same period last year, the business posted ($0.19) earnings per share.

What ETFs hold Robinhood Markets' stock?

ETFs with the largest weight of Robinhood Markets (NASDAQ:HOOD) stock in their portfolio include Grayscale Future of Finance ETF (GFOF) , ARK Fintech Innovation ETF (ARKF) , Renaissance IPO ETF (IPO) , ARK Next Generation Internation ETF (ARKW) , Schwab Crypto Thematic ETF (STCE) , Adaptiv Select ETF (ADPV) , ARK Innovation ETF (ARKK) and Roundhill MEME ETF (MEME) .

When did Robinhood Markets IPO?

Robinhood Markets (HOOD) raised $2.2 billion in an initial public offering on Thursday, July 29th 2021. The company issued 55,000,000 shares at a price of $38.00-$42.00 per share. Goldman Sachs, J.P. Morgan, Barclays, Citigroup and Wells Fargo Securities acted as the underwriters for the IPO and Mizuho Securities, JMP Securities, Piper Sandler, KeyBanc Capital Markets, Rosenblatt Securities, BMO Capital Markets, BTIG, Santander, Academy Securities, Loop Capital Markets, Ramirez & Co. and Siebert Williams Shank were co-managers.

Who are Robinhood Markets' major shareholders?

Robinhood Markets' stock is owned by a number of institutional and retail investors. Top institutional investors include TB Alternative Assets Ltd. (0.15%), IMC Chicago LLC (0.00%), Renaissance Capital LLC (0.05%), Banque Cantonale Vaudoise (0.01%), Gulf International Bank UK Ltd (0.01%) and Counterpoint Mutual Funds LLC (0.00%). Insiders that own company stock include Aparna Chennapragada , Baiju Bhatt , Daniel Martin Gallagher Jr , Gretchen Howard , Jason Warnick , Scott D Sandell , Steven M Quirk and Vladimir Tenev . View institutional ownership trends .

How do I buy shares of Robinhood Markets?

Shares of HOOD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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NASDAQ:HOOD

Robinhood Markets (HOOD) Stock Price, News & Analysis

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$17.08

0.00 (0.00%)

(As of 04/18/2024 ET)

Compare

Today's Range: $16.89
▼
$17.60
50-Day Range: $11.55
▼
$20.13
52-Week Range: $7.91
▼
$20.55

Volume: 7.94 million shs
Average Volume: 14.80 million shs
Market Capitalization: $14.94 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $18.81

Get Robinhood Markets alerts:

Robinhood Markets MarketRank™ Stock Analysis

Analyst Rating: Hold
2.07 Rating Score
Upside/Downside: 10.1% Upside
$18.81 Price Target
Short Interest: Healthy
6.87% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.35
Based on 31 Articles This Week
Insider Trading: Selling Shares
$33.50 M Sold Last Quarter
Proj. Earnings Growth: 31.03%
From $0.29 to $0.38 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.67 out of 5 stars

Finance Sector

540th out of 822 stocks

Security Brokers & Dealers Industry

17th out of 27 stocks

3.0

Analyst's Opinion

Consensus Rating
Robinhood Markets has received a consensus rating of Hold. The company's average rating score is 2.07, and is based on 4 buy ratings, 7 hold ratings, and 3 sell ratings.
Amount of Analyst Coverage
Robinhood Markets has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
6.87% of the float of Robinhood Markets has been sold short.
Short Interest Ratio / Days to Cover
Robinhood Markets has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Robinhood Markets has recently decreased by 6.68%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Robinhood Markets does not currently pay a dividend.
Dividend Growth
Robinhood Markets does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HOOD.

3.0

News and Social Media Coverage

News Sentiment
Robinhood Markets has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 31 news articles for Robinhood Markets this week, compared to 17 articles on an average week.
Search Interest
76 people have searched for HOOD on MarketBeat in the last 30 days. This is an increase of 3% compared to the previous 30 days.
MarketBeat Follows
41 people have added Robinhood Markets to their MarketBeat watchlist in the last 30 days. This is an increase of 11% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Robinhood Markets insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $33,495,819.00 in company stock.
Percentage Held by Insiders
20.81% of the stock of Robinhood Markets is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
93.27% of the stock of Robinhood Markets is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Robinhood Markets are expected to grow by 31.03% in the coming year, from $0.29 to $0.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Robinhood Markets is -28.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Robinhood Markets is -28.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Robinhood Markets has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Robinhood Markets Stock (NASDAQ:HOOD)

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services. It also provides various learning and education solutions comprise Snacks, an accessible digest of business news stories for a new generation of investors.; Learn, which is an online collection of beginners' guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free, premium news from sites from various sites, such as Barron's, Reuters, and Dow Jones. In addition, the company offers In-App Education, a resource that covers investing fundamentals, including why people invest, a stock market overview, and tips on how to define investing goals, as well as allows customers to understand the basics of investing before their first trade; and Crypto Learn and Earn, an educational module available to various crypto customers through Robinhood Learn to teach customers the basics related to cryptocurrency. Further, it provides Robinhood credit cards, cash card and spending accounts, and wallets. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.

HOOD Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HOOD Stock News Headlines

April 9, 2024 | insidertrades.com

Robinhood Markets, Inc. (NASDAQ:HOOD) CEO Vladimir Tenev Sells 250,000 Shares

April 3, 2024 | marketbeat.com

Robinhood's Credit Card Has Call Option Buyers Coming in Hot

Discount brokerages are here to stay, and Robinhood Markets Inc. NASDAQ: HOOD is one of the few that has earned the public's heart, not to mention its capital. The company keeps adding new features to its platform, which was once considered for amateurs only.

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Robinhood’s Credit Card Has Call Option Buyers Coming in Hot (HOOD)

Robinhood stock could see higher prices ahead, as markets think its newest credit card product line can attract double-digit EPS growth in the coming quarters

April 3, 2024 | insidertrades.com

Robinhood Markets, Inc. (NASDAQ:HOOD) CFO Jason Warnick Sells 5,000 Shares

March 23, 2024 | insidertrades.com

Baiju Bhatt Sells 16,667 Shares of Robinhood Markets, Inc. (NASDAQ:HOOD) Stock

April 18, 2024 | americanbankingnews.com

Robinhood Markets, Inc. (NASDAQ:HOOD) Sees Significant Decrease in Short Interest

April 17, 2024 | msn.com

Robinhood Markets (HOOD) Price Target Increased by 14.89% to 19.24

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Crypto Carnage: Why Robinhood Stock Is Headed for a Massive Plunge

April 16, 2024 | money.usnews.com

Robinhood Introduces its First Credit Card

April 16, 2024 | finance.yahoo.com

Robinhood Markets, Inc. (HOOD) Surpasses Market Returns: Some Facts Worth Knowing

April 16, 2024 | msn.com

Freetrade, Britain’s Counterpart to Robinhood, Achieves Maiden Quarterly Profit in Recent Financial Report

April 16, 2024 | finance.yahoo.com

Bitcoin’s Halving Is Close. Why Coinbase and Robinhood Stock Might Not Benefit Much.

April 16, 2024 | barrons.com

Bitcoin's Halving Is Close. Coinbase and Robinhood Might Not Benefit Much.

April 16, 2024 | seekingalpha.com

Robinhood: Disrupting Industry Incumbents With Gold-Plated Cards

April 16, 2024 | americanbankingnews.com

Robinhood Markets (NASDAQ:HOOD) Given New $20.00 Price Target at The Goldman Sachs Group

April 15, 2024 | seekingalpha.com

Robinhood: Never Fear Market Volatility, This Company Will Stand To Gain

April 15, 2024 | msn.com

Should You Buy Robinhood Stock Hand Over Fist With $100 in 2024?

April 15, 2024 | cnbc.com

Freetrade, Britain's answer to Robinhood, posted its first quarterly profit

April 15, 2024 | fool.com

You Wouldn't Believe How This Beaten-Down Growth Stock Makes Money

April 14, 2024 | investorplace.com

3 Must-Buy Nasdaq Stocks to Grab for Under $20

April 14, 2024 | americanbankingnews.com

Robinhood Markets (NASDAQ:HOOD) Given New $17.00 Price Target at Piper Sandler

April 13, 2024 | benzinga.com

Amid Dogecoin Crash, 374 Million DOGE Moved From Robinhood To Unknown Wallet

April 13, 2024 | americanbankingnews.com

Robinhood Markets (NASDAQ:HOOD) Shares Gap Down to $18.34

See More Headlines

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Company Calendar

Last Earnings: 2/13/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Security brokers & dealers
Sub-Industry: N/A
Current Symbol: NASDAQ:HOOD
CUSIP: N/A
CIK: 1783879
Web: www.robinhood.com
Phone: 844-428-5411
Fax: N/A
Employees: 2,200
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $18.81
High Stock Price Target: $30.00
Low Stock Price Target: $9.50
Potential Upside/Downside: +10.7%
Consensus Rating: Hold
Rating Score (0-4): 2.07
Research Coverage: 14 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.60)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 58.59
P/E Growth: N/A
Net Income: $-541,000,000.00
Net Margins: -29.01%
Pretax Margin: -28.58%
Return on Equity: -7.87%
Return on Assets: -1.88%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.24
Quick Ratio: 1.24

Sales & Book Value

Annual Sales: $1.87 billion
Price / Sales: 7.97
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $7.68 per share
Price / Book: 2.21

Miscellaneous

Outstanding Shares: 874,550,000
Free Float: 692,554,000
Market Cap: $14.86 billion
Optionable: Optionable
Beta: 1.69

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Key Executives

Mr. Vladimir Tenev (Age 37)
Co-Founder, President, CEO & Chairman of the Board
Comp: $1.3M
Mr. Jason Warnick (Age 52)
Chief Financial Officer
Comp: $588.45k
Mr. Daniel M. Gallagher Jr. (Age 51)
Chief Legal, Compliance, and Corporate Affairs Officer
Comp: $555.85k
Mr. Steven M. Quirk (Age 59)
Chief Brokerage Officer
Comp: $682.16k
Mr. Baiju Prafulkumar Bhatt (Age 38)
Co-Founder & Director
Comp: $1.32M
Irvin Sha
Head of Investor Relations & Capital Markets
Ms. Mary Elizabeth Taylor
VP & Head of External Affairs
Surabhi Gupta
Head of Engineering
Ms. Christina Y. Lai Esq.
VP, Deputy General Counsel & Secretary
Mr. Chris Koegel
Vice President of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HOOD Stock Analysis - Frequently Asked Questions

Should I buy or sell Robinhood Markets stock right now?: 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Robinhood Markets in the last year. There are currently 3 sell ratings, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HOOD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HOOD, but not buy additional shares or sell existing shares.
View HOOD analyst ratings or view top-rated stocks.
What is Robinhood Markets' stock price target for 2024?: 14 brokerages have issued twelve-month price targets for Robinhood Markets' stock. Their HOOD share price targets range from $9.50 to $30.00. On average, they predict the company's share price to reach $18.81 in the next year. This suggests a possible upside of 10.1% from the stock's current price.
View analysts price targets for HOOD or view top-rated stocks among Wall Street analysts.
How have HOOD shares performed in 2024?: Robinhood Markets' stock was trading at $12.74 at the start of the year. Since then, HOOD stock has increased by 34.1% and is now trading at $17.08.
View the best growth stocks for 2024 here.
Are investors shorting Robinhood Markets?: Robinhood Markets saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 30,050,000 shares, a drop of 6.7% from the March 15th total of 32,200,000 shares. Based on an average trading volume of 15,420,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 6.9% of the shares of the stock are sold short.
View Robinhood Markets' Short Interest.
When is Robinhood Markets' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our HOOD earnings forecast.
How can I listen to Robinhood Markets' earnings call?: Robinhood Markets will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Robinhood Markets' earnings last quarter?: Robinhood Markets, Inc. (NASDAQ:HOOD) released its quarterly earnings results on Tuesday, February, 13th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.04. The firm had revenue of $471 million for the quarter, compared to the consensus estimate of $454.73 million. Robinhood Markets had a negative net margin of 29.01% and a negative trailing twelve-month return on equity of 7.87%. Robinhood Markets's quarterly revenue was up 23.9% compared to the same quarter last year. During the same period last year, the business posted ($0.19) earnings per share.
What ETFs hold Robinhood Markets' stock?: ETFs with the largest weight of Robinhood Markets (NASDAQ:HOOD) stock in their portfolio include Grayscale Future of Finance ETF (GFOF), ARK Fintech Innovation ETF (ARKF), Renaissance IPO ETF (IPO), ARK Next Generation Internation ETF (ARKW), Schwab Crypto Thematic ETF (STCE), Adaptiv Select ETF (ADPV), ARK Innovation ETF (ARKK) and Roundhill MEME ETF (MEME).
When did Robinhood Markets IPO?: Robinhood Markets (HOOD) raised $2.2 billion in an initial public offering on Thursday, July 29th 2021. The company issued 55,000,000 shares at a price of $38.00-$42.00 per share. Goldman Sachs, J.P. Morgan, Barclays, Citigroup and Wells Fargo Securities acted as the underwriters for the IPO and Mizuho Securities, JMP Securities, Piper Sandler, KeyBanc Capital Markets, Rosenblatt Securities, BMO Capital Markets, BTIG, Santander, Academy Securities, Loop Capital Markets, Ramirez & Co. and Siebert Williams Shank were co-managers.
Who are Robinhood Markets' major shareholders?: Robinhood Markets' stock is owned by a number of institutional and retail investors. Top institutional investors include TB Alternative Assets Ltd. (0.15%), IMC Chicago LLC (0.00%), Renaissance Capital LLC (0.05%), Banque Cantonale Vaudoise (0.01%), Gulf International Bank UK Ltd (0.01%) and Counterpoint Mutual Funds LLC (0.00%). Insiders that own company stock include Aparna Chennapragada, Baiju Bhatt, Daniel Martin Gallagher Jr, Gretchen Howard, Jason Warnick, Scott D Sandell, Steven M Quirk and Vladimir Tenev.
View institutional ownership trends.
How do I buy shares of Robinhood Markets?: Shares of HOOD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HOOD) was last updated on 4/19/2024 by MarketBeat.com Staff

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Robinhood Markets (HOOD) Stock Price, News & Analysis

Robinhood Markets MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Robinhood Markets Stock (NASDAQ:HOOD)

HOOD Stock Price History

HOOD Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

HOOD Stock Analysis - Frequently Asked Questions

Overall MarketRank^™