Piper Sandler Lowers Robinhood Markets (NASDAQ:HOOD) Price Target to $135.00

Robinhood Markets (NASDAQ:HOOD) had its price target lowered by Piper Sandler from $155.00 to $135.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Piper Sandler’s price objective would indicate a potential upside of 89.82% from the stock’s current price.

Several other equities analysts also recently issued reports on HOOD. Loop Capital set a $130.00 price target on shares of Robinhood Markets in a report on Monday. CICC Research assumed coverage on shares of Robinhood Markets in a research note on Monday, October 27th. They issued an “outperform” rating and a $155.00 target price for the company. Barclays decreased their price target on Robinhood Markets from $159.00 to $124.00 and set an “overweight” rating on the stock in a research report on Wednesday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Robinhood Markets in a research report on Monday, December 22nd. Finally, Needham & Company LLC reduced their price objective on Robinhood Markets from $135.00 to $100.00 and set a “buy” rating on the stock in a research note on Wednesday. Eighteen 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $126.95.

Robinhood Markets Price Performance

Shares of HOOD stock opened at $71.12 on Wednesday. The stock’s fifty day simple moving average is $110.01 and its 200 day simple moving average is $118.35. Robinhood Markets has a one year low of $29.66 and a one year high of $153.86. The firm has a market cap of $63.95 billion, a price-to-earnings ratio of 34.52, a P/E/G ratio of 1.21 and a beta of 2.43.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $1.32 billion. During the same period in the prior year, the company posted $1.01 earnings per share. The business’s revenue for the quarter was up 26.5% compared to the same quarter last year. On average, research analysts anticipate that Robinhood Markets will post 1.35 earnings per share for the current year.

Insider Transactions at Robinhood Markets

In other news, CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $121.63, for a total transaction of $45,611,250.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the company’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $107.48, for a total value of $630,262.72. Following the transaction, the chief technology officer directly owned 9,133 shares in the company, valued at $981,614.84. This trade represents a 39.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,537,615 shares of company stock valued at $182,272,702 over the last quarter. Corporate insiders own 14.47% of the company’s stock.

Institutional Investors Weigh In On Robinhood Markets

Institutional investors have recently modified their holdings of the business. Caisse Des Depots ET Consignations bought a new stake in shares of Robinhood Markets during the 3rd quarter valued at $3,984,000. Jennison Associates LLC acquired a new stake in shares of Robinhood Markets during the third quarter worth $322,823,000. New York Life Investment Management LLC bought a new stake in Robinhood Markets in the third quarter valued at about $14,989,000. Allstate Corp acquired a new position in Robinhood Markets in the third quarter valued at about $3,860,000. Finally, Rhumbline Advisers boosted its holdings in Robinhood Markets by 55.9% during the third quarter. Rhumbline Advisers now owns 1,333,857 shares of the company’s stock worth $190,982,000 after buying an additional 478,523 shares during the last quarter. Institutional investors and hedge funds own 93.27% of the company’s stock.

Key Stories Impacting Robinhood Markets

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.