Robinhood Markets (NASDAQ:HOOD) Stock Price Down 3% Following Analyst Downgrade

Shares of Robinhood Markets, Inc. (NASDAQ:HOOD) dropped 3% on Thursday after The Goldman Sachs Group lowered their price target on the stock from $102.00 to $91.00. The Goldman Sachs Group currently has a buy rating on the stock. Robinhood Markets traded as low as $69.70 and last traded at $70.35. Approximately 21,146,561 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 29,412,557 shares. The stock had previously closed at $72.54.

Several other brokerages have also recently commented on HOOD. Jefferies Financial Group started coverage on shares of Robinhood Markets in a research report on Thursday. They issued a “buy” rating and a $88.00 price target for the company. Wall Street Zen lowered Robinhood Markets from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Cantor Fitzgerald reduced their price objective on Robinhood Markets from $130.00 to $100.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 17th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Robinhood Markets in a report on Wednesday, February 11th. Finally, Barclays lowered their target price on Robinhood Markets from $159.00 to $124.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Eighteen 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. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $117.48.

Insider Activity

In other news, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction on Monday, January 5th. The shares were sold at an average price of $121.63, for a total transaction of $45,611,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $75.49, for a total transaction of $754,900.00. Following the transaction, the insider owned 452,849 shares of the company’s stock, valued at approximately $34,185,571.01. The trade was a 2.16% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 469,268 shares of company stock valued at $54,409,454. 14.47% of the stock is currently owned by company insiders.

Robinhood Markets News Roundup

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

• Positive Sentiment: Deutsche Bank signaled upside from Robinhood’s push into prediction markets, highlighting growth potential for new revenue streams tied to Sporticast/prediction products. This supports a longer-term growth thesis beyond trading and subscriptions. HOOD stock gains after Deutsche Bank backs Robinhood’s growth in prediction markets
• Positive Sentiment: Board approved a $1.5 billion share repurchase program — a direct capital-return action that typically supports the share price and signals confidence in the balance sheet. Markets have rallied on the announcement even if it hasn’t fully arrested the downtrend. Robinhood (HOOD) Stock Is Up, What You Need To Know
• Positive Sentiment: New product expansion — Robinhood launched banking services and a “Gold Card” to integrate spending, trading and saving, which could increase customer engagement and fee/interest revenue if uptake is strong. Robinhood Markets Now Offers Banking Services, Gold Card
• Positive Sentiment: Institutional support/coverage: Jefferies initiated coverage with a Buy and $88 PT, and Bank of America has reaffirmed a Buy with a higher $122 target after product launches — both provide analyst endorsement for upside. Analyst Coverage
• Neutral Sentiment: Goldman Sachs trimmed its price target from $102 to $91 but kept a Buy rating; that narrows analyst upside and may temper enthusiasm despite the buy rating. Goldman Sachs lowers HOOD price target
• Neutral Sentiment: Analysis pieces examine HOOD’s premium valuation (P/TB ~7.7x vs. industry ~2.95x). High valuation raises expectations for continued strong execution to justify the stock multiple. Is Robinhood’s Premium Valuation Backed by Fundamentals or Hype?
• Neutral Sentiment: Media interviews and company commentary (e.g., Chief Brokerage Officer Steve Quirk) offer color on client behavior (crypto exposure, retail performance) but are informational rather than immediate price catalysts. Our retail traders are likely lagging S&P due to crypto holdings
• Negative Sentiment: Despite the buyback announcement, HOOD has seen recent share weakness and even touched 2026 lows — suggesting market skepticism that buybacks alone will offset concerns about growth, margins, or valuation. That selling pressure helps explain today’s decline. HOOD stock drops to 2026 low despite buyback

Institutional Trading of Robinhood Markets

Institutional investors have recently bought and sold shares of the business. Valley National Advisers Inc. lifted its stake in Robinhood Markets by 113.6% during the third quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares during the last quarter. Golden State Wealth Management LLC increased its stake in Robinhood Markets by 107.6% in the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after purchasing an additional 99 shares during the last quarter. Vision Financial Markets LLC increased its stake in Robinhood Markets by 100.0% in the third quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock valued at $29,000 after purchasing an additional 100 shares during the last quarter. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in Robinhood Markets during the third quarter worth approximately $29,000. Finally, Guerra Advisors Inc acquired a new stake in Robinhood Markets during the third quarter worth approximately $30,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Robinhood Markets Stock Performance

The firm’s 50-day moving average price is $83.27 and its two-hundred day moving average price is $111.86. The firm has a market cap of $63.34 billion, a PE ratio of 34.15, a P/E/G ratio of 1.64 and a beta of 2.47.

Robinhood Markets (NASDAQ:HOOD) last posted its earnings results on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.03. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the firm posted $1.01 EPS. The company’s revenue was up 26.5% on a year-over-year basis. As a group, sell-side analysts predict that Robinhood Markets, Inc. will post 1.35 earnings per share 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.