Robinhood Markets (NASDAQ:HOOD) Shares Up 2.3% on Analyst Upgrade

Robinhood Markets, Inc. (NASDAQ:HOOD) shares shot up 2.3% on Wednesday after Cantor Fitzgerald raised their price target on the stock from $95.00 to $110.00. Cantor Fitzgerald currently has an overweight rating on the stock. Robinhood Markets traded as high as $90.14 and last traded at $88.43. 27,129,434 shares traded hands during trading, a decline of 11% from the average session volume of 30,460,977 shares. The stock had previously closed at $86.43.

Several other brokerages also recently weighed in on HOOD. Jefferies Financial Group reduced their price target on shares of Robinhood Markets from $88.00 to $84.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Wolfe Research raised shares of Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 price target for the company in a research report on Monday, February 9th. Zacks Research downgraded shares of Robinhood Markets from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 8th. Truist Financial reduced their price target on shares of Robinhood Markets from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Finally, KeyCorp reduced their price target on shares of Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating for the company in a research report on Monday, February 9th. Eighteen investment 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, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $109.21.

Insiders Place Their Bets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction that occurred 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 sale, the insider owned 442,849 shares of the company’s stock, valued at approximately $30,933,002.65. The trade was a 2.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeffrey Tsvi Pinner sold 5,835 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 $407,574.75. Following the completion of the sale, the chief technology officer directly owned 18,006 shares of the company’s stock, valued at approximately $1,257,719.10. This trade represents a 24.47% 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 a total of 540,476 shares of company stock worth $40,299,967 in the last 90 days. Insiders own 14.47% of the company’s stock.

Robinhood Markets News Roundup

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

• Positive Sentiment: Robinhood Ventures Fund I closed a $75 million investment in OpenAI, giving Robinhood-linked retail funds indirect exposure to a highly anticipated private AI leader — a catalytic, narrative-driving move that can boost user interest, product partnerships, and investor sentiment around HOOD’s access to premium private-market deals. Reuters: Robinhood’s venture fund invests $75 million in OpenAI
• Positive Sentiment: Analyst and market-structure tailwind: Mizuho raised its HOOD target (citing the SEC’s removal of the $25k PDT rule) and the SEC’s updated intraday margin framework is expected to expand day-trading participation from smaller accounts — a structural revenue tailwind for order flow, margin, and trading activity. Mizuho Raises Robinhood to $115
• Positive Sentiment: Ongoing bull-case coverage and price-target increases from some firms (e.g., Cantor Fitzgerald/Bernstein coverage cited) reinforce a recovery narrative focused on diversified revenue (crypto, payments, subscriptions) and potential multiple expansion if execution continues. Yahoo: Robinhood (HOOD): The Best Fast-Growing Financial Stock
• Neutral Sentiment: Valuation debate: some analysts and write-ups argue recent price moves may already price in optimism, prompting discussion about whether the multiple is stretched even as fundamentals improve — this could moderate upside if expectations outpace delivery. Trefis: The Multiple Tells The Wrong Story
• Neutral Sentiment: CEO media appearances and branding interviews are strengthening Robinhood’s consumer-facing story but are unlikely to move near-term fundamentals materially. Benzinga: Vlad Tenev Interview
• Negative Sentiment: KeyBanc trimmed its price target and lowered estimates citing crypto-related headwinds, which pressured sentiment and can cap near-term upside if crypto volumes remain soft. Yahoo: Why Robinhood (HOOD) Shares Are Trading Lower Today
• Negative Sentiment: Insider selling: co-founder/director Baiju Bhatt reported pre-arranged sales of ~57k shares (Rule 10b5-1), which, despite being planned, can add short-term supply pressure and spark investor attention to insider liquidity events. SEC Filing: Baiju Bhatt Sale

Institutional Investors Weigh In On Robinhood Markets

A number of large investors have recently added to or reduced their stakes in the stock. North Star Investment Management Corp. grew its position in Robinhood Markets by 44.9% in the 3rd quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock worth $37,000 after purchasing an additional 79 shares during the period. First Command Advisory Services Inc. grew its position in Robinhood Markets by 33.8% in the 3rd quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock worth $46,000 after purchasing an additional 81 shares during the period. CogentBlue Wealth Advisors LLC grew its position in Robinhood Markets by 3.8% in the 3rd quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company’s stock worth $342,000 after purchasing an additional 87 shares during the period. Evolution Wealth Advisors LLC grew its position in Robinhood Markets by 5.2% in the 4th quarter. Evolution Wealth Advisors LLC now owns 1,916 shares of the company’s stock worth $217,000 after purchasing an additional 95 shares during the period. Finally, ORG Partners LLC boosted its stake in shares of Robinhood Markets by 5.5% during the 3rd quarter. ORG Partners LLC now owns 1,876 shares of the company’s stock worth $269,000 after acquiring an additional 97 shares during the last quarter. Institutional investors own 93.27% of the company’s stock.

Robinhood Markets Trading Up 2.3%

The company’s 50 day moving average price is $75.64 and its two-hundred day moving average price is $105.11. The firm has a market cap of $79.61 billion, a PE ratio of 42.93, a PEG ratio of 2.57 and a beta of 2.46.

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 the consensus estimate of $0.63 by $0.03. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations 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 was up 26.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.01 EPS. Equities research analysts expect that Robinhood Markets, Inc. will post 1.97 earnings per share for the current fiscal 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.