Robinhood Markets (NASDAQ:HOOD) Trading Down 5.5% on Analyst Downgrade

Robinhood Markets, Inc. (NASDAQ:HOOD)’s stock price traded down 5.5% on Thursday after JPMorgan Chase & Co. lowered their price target on the stock from $113.00 to $92.00. JPMorgan Chase & Co. currently has a neutral rating on the stock. Robinhood Markets traded as low as $81.75 and last traded at $83.54. 33,144,423 shares were traded during mid-day trading, an increase of 9% from the average session volume of 30,526,170 shares. The stock had previously closed at $88.43.

Several other brokerages also recently weighed in on HOOD. KeyCorp cut their price target on shares of Robinhood Markets from $120.00 to $110.00 and set an “overweight” rating on the stock in a report on Tuesday. Cantor Fitzgerald raised their price objective on shares of Robinhood Markets from $95.00 to $110.00 and gave the stock an “overweight” rating in a research note on Tuesday. Mizuho raised their price objective on shares of Robinhood Markets from $105.00 to $115.00 and gave the stock an “outperform” rating in a research note on Monday. Truist Financial dropped their price objective on shares of Robinhood Markets from $120.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Finally, Argus began coverage on shares of Robinhood Markets in a research note on Friday, January 9th. They set a “buy” rating and a $145.00 price objective on the stock. Eighteen equities 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. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $111.08.

Insider Buying and Selling at Robinhood Markets

In other news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $69.85, for a total transaction of $698,500.00. Following the sale, the insider owned 442,849 shares of the company’s stock, valued at $30,933,002.65. This trade represents a 2.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 57,261 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $86.38, for a total transaction of $4,946,205.18. 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. Over the last ninety days, insiders have sold 540,476 shares of company stock worth $40,299,967. 14.47% of the stock is currently owned by insiders.

Robinhood Markets News Roundup

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

• Positive Sentiment: In‑principle approval from Singapore’s regulator clears the way for Robinhood to launch a brokerage in a major APAC hub, supporting international expansion and new revenue opportunities. Robinhood Markets gets in-principle approval for Singapore brokerage
• Positive Sentiment: Robinhood Ventures Fund I invested $75M in OpenAI and is offering retail access to private-market stakes (also reported to include names like Stripe/Revolut), which could boost fee income, product differentiation and long‑term growth narrative. Robinhood’s venture fund invests $75 million in OpenAI
• Neutral Sentiment: Q1 2026 earnings are due after the close on April 28; multiple previews highlight strong topline/engagement trends but warn that crypto volumes and monetization metrics will be key — this increases short‑term volatility and uncertainty. Robinhood’s Q1 Earnings Preview
• Negative Sentiment: JPMorgan cut its price target on HOOD (reporting and coverage note), trimming upside and moving to a “neutral” view — analyst target cuts often pressure sentiment ahead of earnings. Analyst slashes Robinhood’s price target ahead of Q1 earnings
• Negative Sentiment: Reports of insider selling and other firms lowering forecasts (KeyBanc/KeyCorp coverage changes noted) are adding downward pressure, compounding pre‑earnings caution. Robinhood Markets Stock Price Down on Insider Selling
• Neutral Sentiment: Wall Street remains split — some firms (Bernstein, Cantor, Mizuho) are bullish on longer‑term upside, but the near‑term narrative is polarized between growth potential from new products/expansion and sensitivity to crypto and engagement metrics. Mixed analyst views on Robinhood

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in HOOD. Valley National Advisers Inc. lifted its position in shares of Robinhood Markets by 113.6% during the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock valued at $26,000 after buying an additional 100 shares in the last quarter. Sound Income Strategies LLC lifted its position in shares of Robinhood Markets by 152.6% during the 4th quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after buying 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 4th quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock valued at $26,000 after buying 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 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 99 shares in the last quarter. Finally, Elyxium Wealth LLC purchased a new position in shares of Robinhood Markets during the 4th quarter valued at approximately $27,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Robinhood Markets Trading Down 5.5%

The stock has a market cap of $75.21 billion, a PE ratio of 40.55, a price-to-earnings-growth ratio of 2.63 and a beta of 2.46. The business has a 50-day moving average price of $75.89 and a 200-day moving average price of $104.96.

Robinhood Markets (NASDAQ:HOOD) last announced its earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter last year, the firm posted $1.01 EPS. The business’s revenue was up 26.5% on a year-over-year basis. Equities analysts expect that Robinhood Markets, Inc. will post 1.97 earnings per share for the current year.

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.