Robinhood Markets (NASDAQ:HOOD) Shares Down 1.3% on Analyst Downgrade

Robinhood Markets, Inc. (NASDAQ:HOOD) was down 1.3% on Friday after Morgan Stanley lowered their price target on the stock from $147.00 to $95.00. Morgan Stanley currently has an equal weight rating on the stock. Robinhood Markets traded as low as $68.28 and last traded at $69.19. Approximately 23,020,040 shares traded hands during mid-day trading, a decline of 21% from the average daily volume of 29,086,473 shares. The stock had previously closed at $70.12.

A number of other equities analysts also recently weighed in on the company. New Street Research set a $122.00 target price on Robinhood Markets in a research note on Thursday, March 5th. Mizuho cut their target price on Robinhood Markets from $135.00 to $110.00 and set an “outperform” rating on the stock in a research note on Friday, March 13th. Needham & Company LLC cut their target price on Robinhood Markets from $100.00 to $90.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Barclays cut their target price on Robinhood Markets from $124.00 to $89.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Robinhood Markets in a research note on Friday, March 27th. Eighteen research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Robinhood Markets has a consensus rating of “Moderate Buy” and an average target price of $110.25.

Insider Transactions at Robinhood Markets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction on Monday, April 6th. The stock was sold at an average price of $69.85, for a total transaction of $698,500.00. Following the completion of the transaction, the insider directly owned 442,849 shares of the company’s stock, valued at approximately $30,933,002.65. This represents a 2.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 of the company’s stock, valued at approximately $981,614.84. This trade represents a 39.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 469,239 shares of company stock valued at $34,161,725 in the last three months. 14.47% of the stock is currently owned by company insiders.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Robinhood was selected (with BNY Mellon) to run the U.S. Treasury “Trump Accounts” child savings program — a potential long‑term customer acquisition and recurring deposit channel that could boost assets and engagement. Robinhood, BNY Win Trump Accounts
• Positive Sentiment: ARK Invest / Cathie Wood bought HOOD shares (reported multi‑million dollar purchase), a visible institutional endorsement that can support sentiment and trading flows. Cathie Wood Buys Trending Tech Stocks
• Neutral Sentiment: Keefe, Bruyette & Woods initiated coverage on HOOD with a “market perform” rating and a $75 target — adds another sell‑side reference point but is not strongly bullish. KBW Coverage
• Neutral Sentiment: Industry reviews and Q4 rundowns compare Robinhood with fintech peers; these pieces help frame near‑term performance expectations but don’t change fundamentals immediately. Q4 Rundown: Robinhood Vs Peers
• Negative Sentiment: Major price‑target cuts and cautious notes: Morgan Stanley cut its target from $147 to $95 and moved to “equal weight,” while multiple other brokers trimmed targets — analyst downgrades and lower targets pressure sentiment and reduce upside expectations. Morgan Stanley Price Target Cut
• Negative Sentiment: Zacks Research downgraded HOOD from “hold” to “strong sell,” adding a firm‑level negative recommendation into the market narrative. Zacks Downgrade
• Negative Sentiment: Significant insider selling: CEO Vladimir Tenev sold 375,000 shares, CTO Jeffrey Pinner sold ~5,835 shares, and director Daniel Gallagher sold 10,000 shares under Rule 10b5‑1 plans. The scale of sales is weighing on sentiment even if pre‑arranged. Tenev SEC Filing Pinner SEC Filing
• Negative Sentiment: Legal / third‑party risk: coverage on Robinhood’s exposure to Kalshi (a prediction‑markets platform facing state bans and criminal charges) highlights potential regulatory and reputational risk. Kalshi Risk Coverage

Hedge Funds Weigh In On Robinhood Markets

Several institutional investors and hedge funds have recently bought and sold shares of HOOD. Valley National Advisers Inc. grew its holdings in Robinhood Markets by 113.6% during the third quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the period. Sound Income Strategies LLC lifted its position in shares of Robinhood Markets by 152.6% during the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after acquiring an additional 145 shares in the last quarter. CYBER HORNET ETFs LLC lifted its position in shares of Robinhood Markets by 527.8% during the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock worth $26,000 after acquiring an additional 190 shares in the last quarter. Golden State Wealth Management LLC lifted its position in shares of Robinhood Markets by 107.6% during the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after acquiring an additional 99 shares in the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in shares of Robinhood Markets during the fourth quarter worth $27,000. 93.27% of the stock is owned by institutional investors.

Robinhood Markets Stock Down 1.3%

The stock has a market cap of $62.29 billion, a PE ratio of 33.59, a P/E/G ratio of 1.71 and a beta of 2.46. The firm has a 50-day simple moving average of $75.27 and a 200-day simple moving average of $108.06.

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