Robinhood Markets (NASDAQ:HOOD) Trading Down 6.2% on Analyst Downgrade

Robinhood Markets, Inc. (NASDAQ:HOOD)’s share price traded down 6.2% during mid-day trading on Friday 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 $65.87 and last traded at $66.02. 30,269,048 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 29,429,818 shares. The stock had previously closed at $70.35.

Several other equities research analysts also recently weighed in on the stock. Wall Street Zen downgraded shares of Robinhood Markets from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Piper Sandler lowered their price objective on Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Truist Financial cut their target price on Robinhood Markets from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Morgan Stanley lifted their target price on Robinhood Markets from $146.00 to $147.00 and gave the stock an “equal weight” rating in a report on Monday, December 22nd. Finally, Zacks Research downgraded Robinhood Markets from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Eighteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $117.48.

Insider Activity at Robinhood Markets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $75.49, for a total transaction of $754,900.00. Following the completion of the sale, the insider directly owned 452,849 shares in the company, valued at approximately $34,185,571.01. The trade was a 2.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the 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 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 469,268 shares of company stock worth $54,409,454 in the last three months. 14.47% of the stock is currently owned by company insiders.

More Robinhood Markets News

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

• Positive Sentiment: Board authorized a $1.5 billion open‑ended Class A share repurchase, backed by a $3.25 billion revolving credit facility — management is signaling capital‑allocation flexibility and balance‑sheet confidence, which supported earlier upside. Is Robinhood (HOOD) Using Its New Buyback to Redefine Capital Allocation Priorities?
• Positive Sentiment: Jefferies initiated coverage with a Buy and a ~$88 price target, citing a path to a broader “financial super app” — adds institutional support to the bullish case. Jefferies initiates Robinhood at Buy, citing path to ‘financial super app’
• Positive Sentiment: BofA reiterated a Buy following product launches and the company’s “Take Flight” event — reinforces growth narrative beyond trading/crypto. BofA Reaffirms Buy on Robinhood (HOOD) After Product Launches
• Neutral Sentiment: Pieces comparing long‑term returns for early IPO investors (Coinbase vs Robinhood) are background context for sentiment but don’t change near‑term fundamentals. Had You Invested $1,000 in Coinbase or Robinhood IPOs, Here’s What You’d Have Today
• Neutral Sentiment: Management interviews and commentary on retail client behavior (crypto exposure, product adoption) provide color on user dynamics but are not immediate catalysts. Our retail traders are likely lagging S&P due to crypto holdings, says Robinhood’s Steve Quirk
• Negative Sentiment: Some investors view the buyback as underwhelming or poorly timed; a headline piece lays out three reasons the market “is not impressed,” which directly coincided with the intraday pullback. This is the primary near‑term driver of the stock weakness. Robinhood Slides 6%: 3 Reasons the Market Is Not Impressed by the Buyback
• Negative Sentiment: Valuation concerns: analysis points out HOOD trades at a premium to peers on price/tangible book, leaving the stock vulnerable if growth disappoints. Is Robinhood’s Premium Valuation Backed by Fundamentals or Hype?
• Negative Sentiment: Goldman trimmed its price target (from $102 to $91) — still a Buy but a lower upside anchor that can sap momentum. Goldman Sachs lowers Robinhood price target

Institutional Trading of Robinhood Markets

A number of hedge funds have recently bought and sold shares of HOOD. Valley National Advisers Inc. boosted its position in Robinhood Markets by 113.6% in 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. Sound Income Strategies LLC lifted its stake in shares of Robinhood Markets by 152.6% in the 4th quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after purchasing an additional 145 shares during the period. CYBER HORNET ETFs LLC boosted its holdings in shares of Robinhood Markets by 527.8% in the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock worth $26,000 after buying an additional 190 shares during the last quarter. Golden State Wealth Management LLC grew its position in Robinhood Markets by 107.6% during the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 99 shares during the period. Finally, Elyxium Wealth LLC bought a new stake in Robinhood Markets during the fourth quarter valued at approximately $27,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Robinhood Markets Stock Down 6.2%

The firm has a market capitalization of $59.44 billion, a PE ratio of 32.05, a PEG ratio of 1.59 and a beta of 2.47. The stock’s fifty day simple moving average is $82.41 and its 200 day simple moving average is $111.51.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.03. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter last year, the company posted $1.01 EPS. The company’s revenue was up 26.5% compared to the same quarter last year. On average, analysts predict that Robinhood Markets, Inc. will post 1.35 EPS for the current 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.