Robinhood Markets (NASDAQ:HOOD) Rating Increased to Outperform at Wolfe Research

Wolfe Research upgraded shares of Robinhood Markets (NASDAQ:HOOD) from a peer perform rating to an outperform rating in a research note released on Monday, Marketbeat Ratings reports. Wolfe Research currently has $125.00 target price on the stock.

A number of other brokerages have also recently commented on HOOD. Truist Financial reduced their target price on shares of Robinhood Markets from $155.00 to $130.00 and set a “buy” rating for the company in a report on Friday. Dbs Bank raised Robinhood Markets to a “moderate buy” rating in a report on Wednesday, November 12th. CICC Research assumed coverage on shares of Robinhood Markets in a research report on Monday, October 27th. They set an “outperform” rating and a $155.00 price objective for the company. KeyCorp raised their target price on shares of Robinhood Markets from $135.00 to $155.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Finally, Needham & Company LLC reiterated a “buy” rating and set a $135.00 price target on shares of Robinhood Markets in a research note on Wednesday, January 28th. Seventeen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.82.

Robinhood Markets Price Performance

Shares of Robinhood Markets stock opened at $86.56 on Monday. The firm’s fifty day simple moving average is $113.25 and its 200-day simple moving average is $119.11. Robinhood Markets has a 12 month low of $29.66 and a 12 month high of $153.86. The stock has a market capitalization of $77.83 billion, a price-to-earnings ratio of 35.92, a PEG ratio of 1.30 and a beta of 2.44.

Insider Activity at Robinhood Markets

In related news, insider Steven M. Quirk sold 52,540 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $87.81, for a total transaction of $4,613,537.40. Following the sale, the insider owned 27,564 shares of the company’s stock, valued at approximately $2,420,394.84. The trade was a 65.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $87.07, for a total transaction of $870,700.00. Following the transaction, the insider owned 393,612 shares in the company, valued at $34,271,796.84. The trade was a 2.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,537,615 shares of company stock worth $182,272,702 over the last three months. 19.95% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Robinhood Markets

Several hedge funds have recently bought and sold shares of HOOD. Huntington National Bank raised its holdings in Robinhood Markets by 22.3% during the fourth quarter. Huntington National Bank now owns 5,889 shares of the company’s stock worth $666,000 after purchasing an additional 1,074 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Robinhood Markets by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 21,171,925 shares of the company’s stock valued at $2,386,944,000 after buying an additional 356,902 shares in the last quarter. Integrity Advisory Solutions LLC raised its stake in shares of Robinhood Markets by 12.5% during the 4th quarter. Integrity Advisory Solutions LLC now owns 6,397 shares of the company’s stock worth $724,000 after buying an additional 713 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its stake in shares of Robinhood Markets by 10.9% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,511 shares of the company’s stock worth $171,000 after buying an additional 149 shares during the last quarter. Finally, Bleakley Financial Group LLC boosted its position in shares of Robinhood Markets by 66.2% in the 4th quarter. Bleakley Financial Group LLC now owns 25,101 shares of the company’s stock worth $2,839,000 after buying an additional 10,001 shares in the last quarter. 93.27% of the stock is owned by hedge funds and other institutional investors.

Robinhood Markets News Roundup

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

• Positive Sentiment: Wolfe Research upgraded HOOD to “outperform” and raised its price target to $125, signaling analyst conviction and potential upside from estimates revisions. Wolfe Research Upgrade
• Positive Sentiment: Cantor Fitzgerald reaffirmed an “overweight” rating with a $130 target, and other firms have maintained bullish stances — supporting momentum into the print. Cantor Fitzgerald Note
• Positive Sentiment: Street chatter expects ~30% revenue growth for Q4, which if confirmed could validate the company’s top-line recovery narrative and support multiple expansion. Revenue Growth Preview
• Positive Sentiment: Robinhood is seeing Dogecoin inflows and Ark Invest is building a long-term position, which may boost crypto-related fee trends and investor sentiment. Dogecoin / Ark Invest
• Neutral Sentiment: Earnings volatility flagged — Investopedia notes traders expect a big post-earnings swing, increasing short-term volatility risk (direction depends on results/guide). Earnings Volatility Preview
• Neutral Sentiment: HOOD is on several weekly earnings calendars and in focus across media — raises attention/liquidity but not directional on its own. Earnings Calendar
• Negative Sentiment: Some sell-side target trims: Truist and KeyCorp lowered PTs to $130 (still Buy/Overweight), citing crypto weakness and market moves — these cuts temper upside expectations even as ratings remain positive. Truist PT Cut KeyCorp PT Change
• Negative Sentiment: Recent insider selling (multi-million-dollar disposals reported) adds a near-term negative signal and could increase selling pressure if earnings disappoint. Insider Selling 1 Insider Selling 2

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.