Robinhood Markets (NASDAQ:HOOD) Receives Buy Rating from Needham & Company LLC

Needham & Company LLC reiterated their buy rating on shares of Robinhood Markets (NASDAQ:HOOD) in a report issued on Wednesday,Benzinga reports. The firm currently has a $135.00 price target on the stock.

Several other research analysts also recently commented on HOOD. JMP Securities raised their target price on Robinhood Markets from $130.00 to $170.00 and gave the stock a “market outperform” rating in a research note on Thursday, October 9th. Barclays cut their price objective on shares of Robinhood Markets from $171.00 to $159.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Robinhood Markets in a report on Monday, January 5th. Piper Sandler reissued an “overweight” rating on shares of Robinhood Markets in a report on Monday, January 5th. 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 research report on Thursday, November 6th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Robinhood Markets has a consensus rating of “Moderate Buy” and a consensus price target of $136.62.

Robinhood Markets Trading Down 1.7%

Robinhood Markets stock opened at $103.40 on Wednesday. The firm has a 50 day simple moving average of $118.29 and a 200 day simple moving average of $119.86. Robinhood Markets has a 1-year low of $29.66 and a 1-year high of $153.86. The firm has a market capitalization of $92.98 billion, a price-to-earnings ratio of 42.90, a P/E/G ratio of 1.64 and a beta of 2.44.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.20. Robinhood Markets had a return on equity of 21.74% and a net margin of 52.19%.The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the company earned $0.17 earnings per share. The business’s revenue for the quarter was up 100.0% on a year-over-year basis. On average, equities research analysts forecast that Robinhood Markets will post 1.35 EPS for the current year.

Insider Activity at Robinhood Markets

In related news, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the company’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $107.48, for a total value of $630,262.72. Following the completion of the transaction, the chief technology officer directly owned 9,133 shares in the company, valued at approximately $981,614.84. The trade was a 39.10% 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. Also, CEO Vladimir Tenev sold 375,000 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $121.63, for a total value of $45,611,250.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 2,878,425 shares of company stock valued at $358,100,808. 19.95% of the stock is currently owned by insiders.

Institutional Trading of Robinhood Markets

A number of hedge funds have recently bought and sold shares of HOOD. Jennison Associates LLC purchased a new position in Robinhood Markets during the third quarter valued at $322,823,000. Coordinated Financial Services Inc. bought a new position in shares of Robinhood Markets in the second quarter worth about $403,000. Allstate Corp purchased a new position in shares of Robinhood Markets during the 3rd quarter valued at about $3,860,000. New Wave Wealth Advisors LLC grew its stake in shares of Robinhood Markets by 479.4% during the 3rd quarter. New Wave Wealth Advisors LLC now owns 13,331 shares of the company’s stock valued at $1,909,000 after acquiring an additional 11,030 shares during the period. Finally, Asset Management One Co. Ltd. grew its stake in shares of Robinhood Markets by 8.5% during the 3rd quarter. Asset Management One Co. Ltd. now owns 304,424 shares of the company’s stock valued at $43,587,000 after acquiring an additional 23,737 shares during the period. Institutional investors own 93.27% of the company’s stock.

More Robinhood Markets News

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

• Positive Sentiment: Needham reaffirmed a “buy” and set a $135 price target, signaling ~30% upside from current levels and supporting upside expectations from research coverage. Read More.
• Positive Sentiment: Cantor Fitzgerald upgraded HOOD to “strong-buy,” adding institutional momentum to the stock narrative and potentially attracting flow from model-driven funds. Read More.
• Positive Sentiment: Zacks publishes a favorable longer-term view — framing Robinhood’s evolution from discount broker to a broader fintech platform — which supports multiple growth levers (crypto, global expansion, new products). Read More.
• Neutral Sentiment: Analysts and commentaries note HOOD’s 105.6% one‑year gain; debate centers on whether current multiples already price in crypto tailwinds and expansion — watch guidance and margin cadence for validation. Read More.
• Neutral Sentiment: Comparative pieces (SCHW vs HOOD) highlight valuation and product differences — useful for relative‑value investors weighing Robinhood’s growth premium vs. incumbents. Read More.
• Neutral Sentiment: Wider market commentary (Nasdaq/AI themes) may lift growth‑oriented fintech names, including HOOD, but exposure depends on beta to tech and crypto performance. Read More.
• Neutral Sentiment: MarketBeat notes Capital One’s acquisition of Brex — Brex counts Robinhood as a customer — so shifts in corporate payments and bank consolidation could have mixed implications for Robinhood’s B2B relationships. Read More.
• Negative Sentiment: Robinhood was singled out in a Zacks piece noting it “fell more than the broader market,” underscoring short‑term volatility and investor sensitivity to news flow and trading volumes. Read More.
• Negative Sentiment: Insider selling: CTO Jeffrey Pinner sold 5,864 shares (~39% reduction of his holding), a disclosed SEC Form 4 that can create short‑term selling pressure or signal personal liquidity needs. Read More.

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.