Robinhood Markets (NASDAQ:HOOD – Free Report) had its price objective decreased by Truist Financial from $120.00 to $100.00 in a research note issued to investors on Monday morning,Benzinga reports. Truist Financial currently has a buy rating on the stock.
HOOD has been the topic of a number of other research reports. Jefferies Financial Group cut their target price on shares of Robinhood Markets from $88.00 to $84.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. Citizens Jmp cut their target price on shares of Robinhood Markets from $180.00 to $155.00 and set a “market outperform” rating on the stock in a research report on Friday. Piper Sandler cut their target price 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. Keefe, Bruyette & Woods assumed coverage on shares of Robinhood Markets in a research report on Wednesday, April 8th. They set a “market perform” rating and a $75.00 target price on the stock. Finally, New Street Research set a $122.00 target price on shares of Robinhood Markets in a research report on Thursday, March 5th. Eighteen 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. According to MarketBeat.com, Robinhood Markets has a consensus rating of “Moderate Buy” and a consensus price target of $109.42.
Robinhood Markets Stock Performance
Robinhood Markets (NASDAQ:HOOD – Get Free Report) 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. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.32 billion. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The company’s revenue for the quarter was up 26.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.01 EPS. Equities analysts expect that Robinhood Markets will post 1.35 earnings per share for the current fiscal year.
Insider Activity
In other news, insider Steven M. Quirk sold 52,540 shares of Robinhood Markets stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $87.81, for a total value of $4,613,537.40. Following the transaction, the insider owned 27,564 shares of the company’s stock, valued at $2,420,394.84. The trade was a 65.59% decrease in their position. The sale was disclosed in a filing 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, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction that occurred 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 in the company, valued at approximately $30,933,002.65. The trade was a 2.21% 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. Insiders sold 469,239 shares of company stock worth $34,161,725 in the last quarter. 19.95% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Valley National Advisers Inc. grew its position in shares of Robinhood Markets by 113.6% in the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock worth $26,000 after buying an additional 100 shares during the last quarter. Sound Income Strategies LLC boosted its stake in 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 in the last quarter. CYBER HORNET ETFs LLC boosted its stake in Robinhood Markets by 527.8% in the 4th quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock worth $26,000 after purchasing an additional 190 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in Robinhood Markets by 107.6% in the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after purchasing an additional 99 shares in the last quarter. Finally, Elyxium Wealth LLC acquired a new stake in Robinhood Markets in the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.
Key Stories Impacting Robinhood Markets
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Bill Ackman publicly told CEO Vlad Tenev that many of the best businesses are trading at unusually low valuations, a bullish endorsement from a high‑profile investor that can boost sentiment and attract buyer interest. Bill Ackman tells Robinhood’s Tenev best businesses in the world are at ‘some of the lowest valuations in their history’
- Positive Sentiment: A Seeking Alpha piece reiterates a “buy” stance, arguing HOOD is oversold (~20x EBITDA) with improving asset and trading volumes (equity/options), framing recent weakness as a buying opportunity. Robinhood: ‘Buy’ The Dip While Assets Keep Growing
- Positive Sentiment: Truist trimmed its price target (to $100) but kept a “buy” rating, implying they still see upside from current levels despite lowering near‑term expectations. Benzinga report on Truist price target
- Positive Sentiment: Product update: Robinhood is expanding its prediction‑market offerings while pruning riskier contract categories — a sign of product growth accompanied by risk management. Robinhood (HOOD) Expands Prediction Markets While Eliminating Risky Contract Categories
- Neutral Sentiment: Zacks highlights HOOD as a trending stock for retail attention — increased 관심 can raise volatility but is not a clear directional catalyst. Here is What to Know Beyond Why Robinhood Markets, Inc. (HOOD) is a Trending Stock
- Neutral Sentiment: Citizens JMP trimmed its price target (to $155) — still well above current levels, so the move is a mixed signal rather than outright bearish. Citizens Jmp Cuts Robinhood Markets (NASDAQ:HOOD) Price Target to $155.00
- Negative Sentiment: Morgan Stanley cut its price target to $95, a nearer‑term downward revision that could weigh on sentiment and limit upside from current levels. Morgan Stanley Cuts Robinhood Markets (NASDAQ:HOOD) Price Target to $95.00
- Negative Sentiment: FT reports Robinhood excluded some prediction‑market contracts over manipulation fears, highlighting governance and market‑integrity risks that could slow product rollout and spook some investors. Robinhood excludes some prediction markets over manipulation fears
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.
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