Barclays Lowers Robinhood Markets (NASDAQ:HOOD) Price Target to $124.00

Robinhood Markets (NASDAQ:HOOD) had its target price lowered by equities researchers at Barclays from $159.00 to $124.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s target price would suggest a potential upside of 74.35% from the company’s previous close.

A number of other equities research analysts have also recently issued reports on HOOD. Compass Point reaffirmed a “buy” rating on shares of Robinhood Markets in a research note on Monday, October 27th. Weiss Ratings restated a “hold (c+)” rating on shares of Robinhood Markets in a research report on Monday, December 22nd. Needham & Company LLC decreased their price objective on Robinhood Markets from $135.00 to $100.00 and set a “buy” rating on the stock in a report on Wednesday. KeyCorp dropped their target price on Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating for the company in a report on Monday. Finally, Piper Sandler restated an “overweight” rating on shares of Robinhood Markets in a research report on Monday, February 2nd. Eighteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $126.95.

Robinhood Markets Trading Down 8.8%

HOOD opened at $71.12 on Wednesday. The stock has a market capitalization of $63.95 billion, a P/E ratio of 34.52, a PEG ratio of 1.21 and a beta of 2.43. The stock has a 50-day moving average price of $110.01 and a 200-day moving average price of $118.35. Robinhood Markets has a 12-month low of $29.66 and a 12-month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last released its 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 during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the previous year, the company posted $1.01 EPS. Robinhood Markets’s quarterly revenue was up 26.5% compared to the same quarter last year. On average, equities research analysts predict that Robinhood Markets will post 1.35 EPS for the current year.

Insiders Place Their Bets

In other news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $87.07, for a total value of $870,700.00. Following the sale, the insider directly owned 393,612 shares in the company, valued at approximately $34,271,796.84. This trade represents a 2.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven M. Quirk sold 52,540 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $87.81, for a total value of $4,613,537.40. Following the transaction, the insider owned 27,564 shares of the company’s stock, valued at approximately $2,420,394.84. This represents a 65.59% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,537,615 shares of company stock worth $182,272,702. Corporate insiders own 14.47% of the company’s stock.

Institutional Investors Weigh In On Robinhood Markets

Several institutional investors and hedge funds have recently modified their holdings of the stock. Advisors Asset Management Inc. increased its position in shares of Robinhood Markets by 71.1% during the fourth quarter. Advisors Asset Management Inc. now owns 11,752 shares of the company’s stock valued at $1,329,000 after buying an additional 4,885 shares during the period. CI Investments Inc. boosted its position in Robinhood Markets by 1,621.2% during the 4th quarter. CI Investments Inc. now owns 142,053 shares of the company’s stock valued at $16,066,000 after acquiring an additional 133,800 shares in the last quarter. Laurel Oak Wealth Management LLC purchased a new position in shares of Robinhood Markets during the 4th quarter worth approximately $320,000. Northwest & Ethical Investments L.P. raised its position in shares of Robinhood Markets by 149.3% in the 4th quarter. Northwest & Ethical Investments L.P. now owns 5,484 shares of the company’s stock worth $633,000 after acquiring an additional 3,284 shares in the last quarter. Finally, Johnson Financial Group Inc. lifted its stake in shares of Robinhood Markets by 525.6% in the 4th quarter. Johnson Financial Group Inc. now owns 538 shares of the company’s stock valued at $61,000 after purchasing an additional 452 shares during the period. 93.27% of the stock is owned by hedge funds and other institutional investors.

Robinhood Markets News Summary

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

• Positive Sentiment: Q4 EPS beat and improving profitability — HOOD reported $0.66 EPS (above estimates) and showed stronger full‑year margins and deposit growth, supporting a longer‑term earnings thesis. Earnings Call Transcript
• Positive Sentiment: Institutional buying from ARK/ Cathie Wood signals conviction — Ark Invest added a multi‑million dollar stake during recent weakness, providing a potential buyer-of-the-dip catalyst. Cathie Wood Sees Opportunity
• Neutral Sentiment: Management pushing prediction markets as the next growth engine — CEO commentary frames prediction markets and product velocity as strategic priorities; this is longer‑term and may take quarters to monetize. CEO Prediction Markets Comments
• Neutral Sentiment: Company outlines a path to large platform assets and international expansion — product launches and asset growth targets (e.g., $1T ambition) are positive but execution‑dependent. Path to $1T in Platform Assets
• Negative Sentiment: Revenue missed estimates as crypto revenue collapsed ~38% YoY — the revenue shortfall was the main immediate catalyst for the selloff, underscoring HOOD’s sensitivity to crypto volumes. Crypto Revenue Collapse
• Negative Sentiment: Stock trading closely with bitcoin amplifies volatility — pieces note HOOD is moving almost in lockstep with crypto selloffs despite crypto being a minority of revenue. That correlation increases downside when crypto falls. HOOD vs Bitcoin Correlation
• Negative Sentiment: Analysts trimmed price targets after the print (multiple firms lowered PTs though many kept buy/overweight ratings), adding near‑term selling pressure despite longer‑term bullish cases. Analyst Price‑Target Moves (Benzinga roundup)

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.