Robinhood Markets (NASDAQ:HOOD) Stock Price Down 1.7% Following Analyst Downgrade

Robinhood Markets, Inc. (NASDAQ:HOOD) was down 1.7% during mid-day trading on Tuesday after Needham & Company LLC lowered their price target on the stock from $145.00 to $135.00. Needham & Company LLC currently has a buy rating on the stock. Robinhood Markets traded as low as $115.18 and last traded at $115.45. Approximately 16,330,076 shares changed hands during trading, a decline of 57% from the average daily volume of 38,401,141 shares. The stock had previously closed at $117.43.

Other equities research analysts have also issued reports about the company. Citizens Jmp boosted their target price on Robinhood Markets from $170.00 to $180.00 and gave the stock a “market outperform” rating in a research report on Friday, November 7th. Piper Sandler reissued an “overweight” rating on shares of Robinhood Markets in a research note on Wednesday, November 26th. Loop Capital set a $152.00 price objective on shares of Robinhood Markets in a research note on Thursday, December 11th. Citigroup lifted their target price on shares of Robinhood Markets from $120.00 to $135.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 23rd. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Robinhood Markets from $121.00 to $135.00 and gave the company a “market perform” rating in a report on Thursday, November 6th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $136.80.

Insiders Place Their Bets

In other Robinhood Markets news, insider Steven M. Quirk sold 49,942 shares of the stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $131.15, for a total transaction of $6,549,893.30. Following the sale, the insider owned 54,496 shares of the company’s stock, valued at $7,147,150.40. This represents a 47.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Baiju Bhatt sold 418,338 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $116.56, for a total transaction of $48,761,477.28. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,936,763 shares of company stock worth $371,050,559 over the last ninety days. Company insiders own 19.95% of the company’s stock.

Robinhood Markets News Summary

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

• Positive Sentiment: Zacks includes HOOD among “4 Stocks to Buy for 2026,” highlighting Robinhood as a better bet than crypto for next year, which supports continued analyst interest and retail investor optimism. Read More.
• Positive Sentiment: Multiple Zacks pieces and other analyst write-ups tout HOOD’s long-term growth drivers (founder-led strategy, new products, crypto initiatives and global expansion), reinforcing buy-side momentum and several elevated price targets. Read More.
• Positive Sentiment: Industry thesis: prediction markets are growing rapidly (potentially large TAM), which benefits incumbents like Robinhood that already have distribution and Kalshi partnership exposure. That macro opportunity underpins much of the bullish analyst narrative. Read More.
• Neutral Sentiment: DraftKings’ official launch of its Predictions product raises competitive risk for Robinhood in prediction-market-adjacent revenue, but it also validates the market and could expand overall demand; watch early adoption metrics. Read More.
• Negative Sentiment: Insider selling is extensive: QuiverQuant documents many insider sales (CEO/founders among sellers), which can weigh on sentiment and raise governance questions for some investors. Read More.
• Negative Sentiment: Needham trimmed its price target from $145 to $135 (still a buy), a modest analyst tweak that can act as a short-term drag versus the recent rally. Read More.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of HOOD. Valley National Advisers Inc. increased its stake in shares of Robinhood Markets by 113.6% in the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock valued at $26,000 after buying an additional 100 shares during the period. Golden State Wealth Management LLC increased its position in Robinhood Markets by 107.6% in the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after purchasing an additional 99 shares during the period. Vision Financial Markets LLC raised its holdings in Robinhood Markets by 100.0% during the 3rd quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares during the last quarter. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in Robinhood Markets during the 3rd quarter valued at about $29,000. Finally, Guerra Advisors Inc bought a new position in shares of Robinhood Markets in the 3rd quarter valued at about $30,000. Institutional investors own 93.27% of the company’s stock.

Robinhood Markets Stock Performance

The company has a market cap of $103.81 billion, a price-to-earnings ratio of 47.90, a PEG ratio of 2.14 and a beta of 2.43. The firm’s 50-day moving average price is $127.10 and its 200 day moving average price is $116.37.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.20. Robinhood Markets had a net margin of 52.19% and a return on equity of 21.74%. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the prior year, the business posted $0.17 earnings per share. Robinhood Markets’s revenue was up 100.0% compared to the same quarter last year. As a group, equities research analysts predict that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.

Robinhood Markets Company Profile

Robinhood Markets, Inc (NASDAQ: HOOD) is a U.S.-based financial services company best known for its mobile-first brokerage platform that aims to “democratize finance for all.” Founded in 2013 by Vladimir Tenev and Baiju Bhatt and headquartered in Menlo Park, California, the company built early traction by offering commission-free trading and a simplified user experience that attracted a large base of retail investors.

Robinhood’s core products and services include a mobile app and web platform for trading U.S.