Robinhood Markets (NASDAQ:HOOD) Price Target Cut to $91.00 by Analysts at The Goldman Sachs Group

Robinhood Markets (NASDAQ:HOOD) had its target price cut by The Goldman Sachs Group from $102.00 to $91.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.

HOOD has been the topic of a number of other reports. New Street Research set a $122.00 target price on Robinhood Markets in a research note on Thursday, March 5th. Wall Street Zen lowered shares of Robinhood Markets from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Zacks Research downgraded shares of Robinhood Markets from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Piper Sandler lowered their price objective on shares of Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Finally, KeyCorp dropped their target price on shares of Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating on the stock in a research note on Monday, February 9th. Eighteen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Robinhood Markets presently has an average rating of “Moderate Buy” and a consensus price target of $117.48.

Robinhood Markets Stock Down 3.0%

HOOD stock opened at $70.35 on Thursday. The firm has a market cap of $63.34 billion, a PE ratio of 34.15, a P/E/G ratio of 1.64 and a beta of 2.47. The business has a 50 day moving average of $83.27 and a 200-day moving average of $111.86. Robinhood Markets has a 12-month low of $29.66 and a 12-month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 EPS 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 business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the company posted $1.01 earnings per share. Robinhood Markets’s quarterly revenue was up 26.5% compared to the same quarter last year. On average, research analysts expect that Robinhood Markets will post 1.35 earnings per share for the current year.

Insider Transactions at Robinhood Markets

In related news, insider Steven M. Quirk sold 52,540 shares of Robinhood Markets stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $87.81, for a total value of $4,613,537.40. Following the completion of the sale, the insider owned 27,564 shares of the company’s stock, valued at approximately $2,420,394.84. This trade represents a 65.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $121.63, for a total value of $45,611,250.00. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 469,268 shares of company stock worth $54,409,454 over the last 90 days. 14.47% of the stock is owned by insiders.

Institutional Trading of Robinhood Markets

Several hedge funds and other institutional investors have recently modified their holdings of HOOD. Vanguard Group Inc. grew its stake in Robinhood Markets by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock valued at $10,831,756,000 after buying an additional 1,334,443 shares in the last quarter. State Street Corp raised its holdings in Robinhood Markets by 2.7% during the 4th quarter. State Street Corp now owns 33,121,452 shares of the company’s stock valued at $3,746,036,000 after acquiring an additional 875,297 shares during the period. Geode Capital Management LLC lifted its position in shares of Robinhood Markets by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 21,171,925 shares of the company’s stock worth $2,386,944,000 after acquiring an additional 356,902 shares in the last quarter. Morgan Stanley lifted its position in shares of Robinhood Markets by 23.9% during the fourth quarter. Morgan Stanley now owns 10,683,776 shares of the company’s stock worth $1,208,335,000 after acquiring an additional 2,061,832 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Robinhood Markets in the fourth quarter worth $1,202,160,000. Institutional investors 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: Deutsche Bank signaled upside from Robinhood’s push into prediction markets, highlighting growth potential for new revenue streams tied to Sporticast/prediction products. This supports a longer-term growth thesis beyond trading and subscriptions. HOOD stock gains after Deutsche Bank backs Robinhood’s growth in prediction markets
• Positive Sentiment: Board approved a $1.5 billion share repurchase program — a direct capital-return action that typically supports the share price and signals confidence in the balance sheet. Markets have rallied on the announcement even if it hasn’t fully arrested the downtrend. Robinhood (HOOD) Stock Is Up, What You Need To Know
• Positive Sentiment: New product expansion — Robinhood launched banking services and a “Gold Card” to integrate spending, trading and saving, which could increase customer engagement and fee/interest revenue if uptake is strong. Robinhood Markets Now Offers Banking Services, Gold Card
• Positive Sentiment: Institutional support/coverage: Jefferies initiated coverage with a Buy and $88 PT, and Bank of America has reaffirmed a Buy with a higher $122 target after product launches — both provide analyst endorsement for upside. Analyst Coverage
• Neutral Sentiment: Goldman Sachs trimmed its price target from $102 to $91 but kept a Buy rating; that narrows analyst upside and may temper enthusiasm despite the buy rating. Goldman Sachs lowers HOOD price target
• Neutral Sentiment: Analysis pieces examine HOOD’s premium valuation (P/TB ~7.7x vs. industry ~2.95x). High valuation raises expectations for continued strong execution to justify the stock multiple. Is Robinhood’s Premium Valuation Backed by Fundamentals or Hype?
• Neutral Sentiment: Media interviews and company commentary (e.g., Chief Brokerage Officer Steve Quirk) offer color on client behavior (crypto exposure, retail performance) but are informational rather than immediate price catalysts. Our retail traders are likely lagging S&P due to crypto holdings
• Negative Sentiment: Despite the buyback announcement, HOOD has seen recent share weakness and even touched 2026 lows — suggesting market skepticism that buybacks alone will offset concerns about growth, margins, or valuation. That selling pressure helps explain today’s decline. HOOD stock drops to 2026 low despite buyback

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.