Robinhood Markets (NASDAQ:HOOD – Free Report) had its price objective lowered by Cantor Fitzgerald from $130.00 to $100.00 in a research report report published on Tuesday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.
A number of other equities analysts have also weighed in on HOOD. Piper Sandler lowered their price target on shares of Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Needham & Company LLC lowered their target price on Robinhood Markets from $135.00 to $100.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. The Goldman Sachs Group dropped their price target on Robinhood Markets from $152.00 to $130.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Wolfe Research upgraded Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 price objective on the stock in a research report on Monday, February 9th. Finally, CICC Research assumed coverage on Robinhood Markets in a research note on Monday, October 27th. They set an “outperform” rating and a $155.00 price objective on the stock. Seventeen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Robinhood Markets has a consensus rating of “Moderate Buy” and an average target price of $121.71.
Get Our Latest Analysis on Robinhood Markets
Robinhood Markets Price Performance
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.03. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter last year, the firm posted $1.01 EPS. The firm’s revenue for the quarter was up 26.5% on a year-over-year basis. As a group, analysts expect that Robinhood Markets will post 1.35 earnings per share for the current year.
Insiders Place Their Bets
In related news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $87.07, for a total value of $870,700.00. Following the sale, the insider directly owned 393,612 shares in the company, valued at approximately $34,271,796.84. The trade was a 2.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the company’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $107.48, for a total transaction of $630,262.72. Following the completion of the transaction, the chief technology officer directly owned 9,133 shares in the company, valued at $981,614.84. The trade was a 39.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 700,939 shares of company stock worth $84,749,747 in the last three months. 19.95% of the stock is owned by insiders.
Institutional Investors Weigh In On Robinhood Markets
A number of institutional investors and hedge funds have recently made changes to their positions in HOOD. Empowered Funds LLC boosted its position in shares of Robinhood Markets by 46.7% during the 1st quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock worth $2,076,000 after purchasing an additional 15,885 shares during the period. Yousif Capital Management LLC boosted its position in shares of Robinhood Markets by 8.3% during the second quarter. Yousif Capital Management LLC now owns 9,473 shares of the company’s stock worth $887,000 after buying an additional 725 shares during the period. Mutual Advisors LLC purchased a new position in shares of Robinhood Markets during the second quarter worth $333,000. Stratos Wealth Partners LTD. acquired a new stake in shares of Robinhood Markets in the second quarter valued at $751,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Robinhood Markets in the second quarter valued at $209,000. 93.27% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Robinhood Markets
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Q4 results showed continued profitability, an EPS beat and strong growth in Gold/subscription revenue — evidence the company’s shift toward recurring revenue is working. Earnings & Subscriptions Article
- Positive Sentiment: Wall Street remains generally constructive — multiple buy/outperform ratings and a high median analyst target suggest continued upside potential over a longer horizon. Analyst Coverage & Targets
- Neutral Sentiment: Robinhood Ventures Fund I (RVI) launched an IPO roadshow for 40M shares (expected $25/share) and plans to list on the NYSE as RVI — a strategic monetization/expansion of Robinhood’s venture assets but timing and market reception are uncertain. RVI IPO Release
- Negative Sentiment: Robinhood is a selling shareholder for 5M RVI shares and RVI’s filing says the Selling Shareholder proceeds won’t go to the fund — that creates short-term sell pressure and raises questions about share supply and economics. RVI Selling Shareholder Details
- Negative Sentiment: Several firms trimmed price targets (Mizuho from $172→$135; Cantor Fitzgerald from $130→$100) — that can prompt re-rating and short-term selling despite still-positive ratings. Analyst Target Cuts
- Negative Sentiment: Market commentary highlights recent “slide” and rotation away from growth/AI trades; HOOD is caught in that flow which amplifies volatility. Market Commentary
- Negative Sentiment: Crypto revenue remains a laggard, limiting overall growth upside until non-crypto revenue streams scale further. Crypto Revenue Note
About Robinhood Markets
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.
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