Barclays Lowers Robinhood Markets (NASDAQ:HOOD) Price Target to $89.00

Robinhood Markets (NASDAQ:HOOD) had its price objective lowered by stock analysts at Barclays from $124.00 to $89.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s target price suggests a potential upside of 26.93% from the company’s current price.

HOOD has been the topic of several other research reports. Loop Capital set a $130.00 target price on shares of Robinhood Markets in a research note on Monday, February 9th. Sanford C. Bernstein reduced their target price on shares of Robinhood Markets from $160.00 to $130.00 and set an “outperform” rating on the stock in a research note on Monday, March 30th. Morgan Stanley increased their target price on shares of Robinhood Markets from $146.00 to $147.00 and gave the company an “equal weight” rating in a research note on Monday, December 22nd. Zacks Research downgraded shares of Robinhood Markets from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Finally, Jefferies Financial Group reduced their price target on shares of Robinhood Markets from $88.00 to $84.00 and set a “buy” rating on the stock in a research note on Monday. Eighteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.46.

Robinhood Markets Trading Down 2.4%

Shares of HOOD opened at $70.12 on Wednesday. Robinhood Markets has a twelve month low of $37.78 and a twelve month high of $153.86. The company has a market cap of $63.13 billion, a P/E ratio of 34.04, a P/E/G ratio of 1.73 and a beta of 2.46. The company’s fifty day simple moving average is $75.88 and its 200-day simple moving average is $108.44.

Robinhood Markets (NASDAQ:HOOD) last announced its earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, beating 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 the consensus estimate of $1.32 billion. During the same quarter in the prior year, the firm posted $1.01 earnings per share. The business’s revenue for the quarter was up 26.5% on a year-over-year basis. Analysts predict that Robinhood Markets will post 1.35 earnings per share for the current fiscal year.

Insider Activity at Robinhood Markets

In related news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $69.85, for a total value of $698,500.00. Following the transaction, the insider owned 442,849 shares of the company’s stock, valued at $30,933,002.65. This trade represents a 2.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vladimir Tenev sold 375,000 shares of the firm’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $69.83, for a total transaction of $26,186,250.00. Following the completion of the transaction, the chief executive officer directly owned 375,000 shares in the company, valued at $26,186,250. This represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 469,239 shares of company stock worth $34,161,725. 14.47% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Robinhood Markets by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock valued at $10,831,756,000 after purchasing an additional 1,334,443 shares during the period. State Street Corp increased its position in Robinhood Markets by 2.7% during the 4th quarter. State Street Corp now owns 33,121,452 shares of the company’s stock valued at $3,746,036,000 after purchasing an additional 875,297 shares during the period. Geode Capital Management LLC increased its position in Robinhood Markets by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 21,171,925 shares of the company’s stock valued at $2,386,944,000 after purchasing an additional 356,902 shares during the period. Morgan Stanley increased its position in Robinhood Markets by 23.9% during the 4th quarter. Morgan Stanley now owns 10,683,776 shares of the company’s stock valued at $1,208,335,000 after purchasing an additional 2,061,832 shares during the period. Finally, Norges Bank purchased a new position in Robinhood Markets during the 4th quarter valued at about $1,202,160,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Robinhood was selected by the U.S. Treasury (with BNY Mellon) to run the new “Trump Accounts” child savings program — a large, recurring account flow and distribution channel with millions already signed up that could boost long‑term deposits and engagement. Read More.
• Positive Sentiment: Institutional buying from ARK/Cathie Wood ($12–13M reported) is a visible demand signal that can support near‑term liquidity and sentiment, especially among momentum traders. Read More.
• Neutral Sentiment: Barclays cut its price target from $124 to $89 but kept an “overweight” rating — lowers upside expectations while remaining constructive; it could temper rally narratives. Read More.
• Neutral Sentiment: Keefe, Bruyette & Woods initiated coverage at “market perform” with a $75 target — adds another sell‑side reference point but is not a strong buy signal. Read More.
• Neutral Sentiment: Leveraged ETF (HOOW) chatter is drawing trader attention — bullish takes highlight deep pullback, while others warn of amplified downside; this mainly affects short‑term flows rather than HOOD’s fundamentals. Read More.
• Negative Sentiment: Significant insider selling: CEO Vladimir Tenev sold 375,000 shares (~50% of his holdings), CTO Jeffrey Pinner sold ~5,835 shares, and director Daniel Gallagher sold 10,000 shares. Trades used Rule 10b5‑1 plans (reduces timing concerns) but the magnitude can sap sentiment and add sell pressure. Read More.
• Negative Sentiment: Regulatory/legal risk from exposure to Kalshi (a prediction markets platform) has resurfaced after a major integration with Fox amid state‑level bans and criminal charges; an upcoming Ninth Circuit matter could affect Kalshi’s national reach and indirectly impact Robinhood. Read More.
• Negative Sentiment: Multiple broker notes and price‑target trims (and at least one pessimistic Jefferies report) are adding analyst‑driven downside pressure heading into earnings season. 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.