Robinhood Markets (NASDAQ:HOOD) Given New $110.00 Price Target at KeyCorp

Robinhood Markets (NASDAQ:HOOD) had its target price reduced by KeyCorp from $120.00 to $110.00 in a report released on Tuesday, MarketBeat Ratings reports. They currently have an overweight rating on the stock.

A number of other equities research analysts also recently commented on the company. Mizuho lifted their price objective on Robinhood Markets from $105.00 to $115.00 and gave the company an “outperform” rating in a research report on Monday. Zacks Research downgraded Robinhood Markets from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 8th. Citizens Jmp lowered their price objective on Robinhood Markets from $180.00 to $155.00 and set a “market outperform” rating for the company in a research report on Friday, April 10th. Barclays lowered their price objective on Robinhood Markets from $124.00 to $89.00 and set an “overweight” rating for the company in a research report on Wednesday, April 8th. Finally, Piper Sandler lowered their price objective on Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Eighteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $109.21.

Robinhood Markets Stock Performance

Shares of HOOD stock opened at $86.43 on Tuesday. The stock has a fifty day moving average price of $75.43 and a 200 day moving average price of $105.23. The stock 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. Robinhood Markets has a 1 year low of $40.81 and a 1 year high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last released 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. The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The business’s revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.01 earnings per share. As a group, equities research analysts predict that Robinhood Markets will post 2.01 earnings per share for the current year.

Insider Activity

In other Robinhood Markets news, insider Steven M. Quirk sold 8,540 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $84.93, for a total transaction of $725,302.20. Following the completion of the sale, the insider owned 53,183 shares of the company’s stock, valued at approximately $4,516,832.19. The trade was a 13.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the business’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 sale, the insider directly owned 442,849 shares of the company’s stock, valued at approximately $30,933,002.65. This trade represents a 2.21% decrease in their position. 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 have sold 540,476 shares of company stock valued at $40,299,967 in the last 90 days. 19.95% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Robinhood Markets

Institutional investors have recently added to or reduced their stakes in the company. Valley National Advisers Inc. boosted its position in shares of 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 buying an additional 100 shares during the period. Sound Income Strategies LLC boosted its position in shares of Robinhood Markets by 152.6% in the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after buying an additional 145 shares during the period. CYBER HORNET ETFs LLC boosted its position 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 period. Golden State Wealth Management LLC boosted its position in shares of Robinhood Markets by 107.6% in the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after buying an additional 99 shares during the period. Finally, Elyxium Wealth LLC purchased a new stake in shares of Robinhood Markets in the fourth quarter worth about $27,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

More Robinhood Markets News

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.