Cantor Fitzgerald Issues Positive Forecast for Robinhood Markets (NASDAQ:HOOD) Stock Price

Robinhood Markets (NASDAQ:HOOD) had its price target increased by Cantor Fitzgerald from $95.00 to $110.00 in a report published on Tuesday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

A number of other brokerages have also weighed in on HOOD. Keefe, Bruyette & Woods began coverage on Robinhood Markets in a research note on Wednesday, April 8th. They set a “market perform” rating and a $75.00 price target on the stock. Loop Capital set a $130.00 target price on Robinhood Markets in a research report on Monday, February 9th. The Goldman Sachs Group reduced their target price on Robinhood Markets from $102.00 to $91.00 and set a “buy” rating on the stock in a report on Thursday, March 26th. Argus initiated coverage on Robinhood Markets in a report on Friday, January 9th. They issued a “buy” rating and a $145.00 target price on the stock. Finally, Jefferies Financial Group reduced their target price on Robinhood Markets from $88.00 to $84.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Eighteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $109.21.

Robinhood Markets Stock Down 5.3%

Shares of Robinhood Markets stock opened at $86.43 on Tuesday. Robinhood Markets has a fifty-two week low of $40.81 and a fifty-two week high of $153.86. The firm has a market cap of $77.81 billion, a PE ratio of 41.96, a P/E/G ratio of 2.74 and a beta of 2.46. The business’s fifty day moving average is $75.43 and its two-hundred day moving average is $105.23.

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 analysts’ consensus estimates of $0.63 by $0.03. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the prior year, the company posted $1.01 EPS. The business’s revenue for the quarter was up 26.5% compared to the same quarter last year. Equities research analysts anticipate that Robinhood Markets will post 2.01 EPS for the current year.

Insider Transactions at Robinhood Markets

In related news, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction on Monday, April 6th. The stock was sold at an average price of $69.83, for a total value of $26,186,250.00. Following the transaction, the chief executive officer owned 375,000 shares in the company, valued at approximately $26,186,250. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 on Monday, April 6th. The shares were sold at an average price of $69.85, for a total value of $698,500.00. Following the completion of the transaction, the insider owned 442,849 shares in the company, valued at $30,933,002.65. The trade was a 2.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 540,476 shares of company stock valued at $40,299,967 in the last ninety days. Company insiders own 19.95% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in HOOD. Vanguard Group Inc. raised its position in Robinhood Markets by 24.9% in the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock valued at $13,521,497,000 after purchasing an additional 18,824,923 shares during the period. State Street Corp raised its position in Robinhood Markets by 103.2% in the third quarter. State Street Corp now owns 32,246,155 shares of the company’s stock valued at $4,617,004,000 after purchasing an additional 16,375,734 shares during the period. Norges Bank purchased a new position in Robinhood Markets in the fourth quarter valued at about $1,202,160,000. Corient Private Wealth LLC raised its position in Robinhood Markets by 5,221.4% in the fourth quarter. Corient Private Wealth LLC now owns 2,559,848 shares of the company’s stock valued at $289,519,000 after purchasing an additional 2,511,743 shares during the period. Finally, Jennison Associates LLC purchased a new position in Robinhood Markets in the third quarter valued at about $322,823,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: SEC removes the $25,000 pattern-day-trader requirement and replaces it with an intraday margin framework — a structural tailwind expected to boost day-trading volumes, margin revenue and platform engagement for brokers like Robinhood. The PDT Rule Is On Its Way Out
• Positive Sentiment: Mizuho raised its price target to $115 and kept an Outperform rating, citing the SEC change as a catalyst for more intraday activity that should lift Robinhood’s order flow and margin income. Mizuho Raises Robinhood to $115
• Positive Sentiment: Cantor Fitzgerald and other banks have raised/maintained bullish ratings and higher targets this week, reinforcing a narrative of upside from looser day-trading rules and Robinhood’s expansion into payments, subscriptions and crypto. Analyst Coverage (Benzinga)
• Positive Sentiment: Cryptocurrency strength (Bitcoin rally) supports Robinhood’s crypto trading revenue potential, a timely tailwind for product monetization. Bitcoin Rises as Risk Appetite Resumes
• Neutral Sentiment: Coverage highlights Robinhood’s strategic push beyond core trading (payments, subscriptions, crypto) — positive for long-term multiple expansion but dependent on execution. Robinhood Expands Beyond Trading
• Neutral Sentiment: Polymarket launched perpetual futures (competition in prediction/derivatives markets); could shape product competition but is not an immediate hit to Robinhood’s core brokerage business. Polymarket Unveils Perpetual Futures
• Neutral Sentiment: Media pieces and a CEO interview (Vlad Tenev) have boosted narrative and brand visibility, but these are unlikely to move fundamentals in the near term. Vlad Tenev Interview
• Negative Sentiment: Pre-earnings write-ups (Zacks/Yahoo) flag that Robinhood lacks the combination of factors usually tied to an earnings beat, raising upside risk to short-term price moves around next week’s report. Earnings Preview (Zacks)
• Negative Sentiment: Director Baiju Bhatt sold 57,261 shares under a 10b5-1 plan (~$4.95M at the trade price); sizable insider sales can add short-term selling pressure despite being prearranged. SEC Filing: Baiju Bhatt Sale

About Robinhood Markets

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.