Robinhood Markets (NASDAQ:HOOD) Given New $115.00 Price Target at JPMorgan Chase & Co.

Robinhood Markets (NASDAQ:HOOD) had its price target boosted by research analysts at JPMorgan Chase & Co. from $103.00 to $115.00 in a research note issued to investors on Tuesday, Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 15.98% from the stock’s previous close.

A number of other brokerages also recently issued reports on HOOD. Weiss Ratings reissued a “hold (c)” rating on shares of Robinhood Markets in a report on Monday, September 21st. CICC Research raised their price target on shares of Robinhood Markets from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Jefferies Financial Group lifted their price objective on shares of Robinhood Markets from $127.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, September 8th. Compass Point lifted their price objective on shares of Robinhood Markets from $126.00 to $145.00 and gave the company a “buy” rating in a report on Friday, October 2nd. Finally, The Goldman Sachs Group upped their price objective on shares of Robinhood Markets from $144.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, September 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Robinhood Markets has a consensus rating of “Moderate Buy” and a consensus price target of $130.05.

Robinhood Markets Stock Performance

Robinhood Markets stock traded up $2.63 during mid-day trading on Tuesday, hitting $99.15. The company had a trading volume of 6,541,146 shares, compared to its average volume of 26,727,936. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.23. Robinhood Markets has a 12-month low of $63.51 and a 12-month high of $150.47. The company’s fifty day moving average is $109.25 and its 200-day moving average is $96.60. The company has a market capitalization of $89.14 billion, a price-to-earnings ratio of 43.58, a P/E/G ratio of 1.93 and a beta of 2.35.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.18. The business had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. The business’s revenue was up 32.5% on a year-over-year basis. During the same quarter last year, the company earned $0.42 EPS. Equities research analysts predict that Robinhood Markets will post 2.15 EPS for the current year.

Insiders Place Their Bets

In other news, Director Oluwadara Treseder sold 1,875 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total transaction of $234,375.00. Following the transaction, the director owned 70,567 shares in the company, valued at $8,820,875. This trade represents a 2.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 43,373 shares of the stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $114.28, for a total value of $4,956,666.44. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,089,658 shares of company stock valued at $127,966,018. 13.48% of the stock is owned by insiders.

Institutional Investors Weigh In On Robinhood Markets

Several institutional investors and hedge funds have recently added to or reduced their stakes in HOOD. C M Bidwell & Associates Ltd. purchased a new position in shares of Robinhood Markets during the 2nd quarter worth $27,000. James T. Borello RIA acquired a new position in shares of Robinhood Markets during the 3rd quarter valued at about $29,000. SHP Wealth Management purchased a new stake in shares of Robinhood Markets in the fourth quarter valued at about $32,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of Robinhood Markets in the first quarter valued at about $33,000. Finally, Glen Eagle Advisors LLC grew its holdings in shares of Robinhood Markets by 100.7% in the first quarter. Glen Eagle Advisors LLC now owns 568 shares of the company’s stock valued at $39,000 after purchasing an additional 285 shares during the period. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Earnings beat expectations: Zacks reports that Robinhood has the favorable combination of earnings-estimate revisions and historical surprise trends that could support a beat in its upcoming results. That builds on the company’s latest quarter, when revenue rose 32.5% year over year to $1.31 billion and adjusted earnings exceeded consensus estimates. Robinhood Expected to Beat Earnings Estimates
• Positive Sentiment: Growth beyond the core trading app: Robinhood has announced more than 15 products, including AI trading agents, weekend stock trading and contracts linked to company metrics. The initiatives support management’s strategy to develop multiple sizable revenue streams rather than rely solely on traditional trading activity. Robinhood Has 13 $100M Businesses
• Neutral Sentiment: Strong operating momentum, but demanding valuation: Recent results included record revenue, while net deposits reached $5.6 billion in July and $4.0 billion in August. However, the stock trades at a premium earnings multiple, leaving investors highly dependent on continued rapid growth. What Happens to Robinhood Stock if Growth Stalls?
• Negative Sentiment: Recent underperformance highlights volatility: HOOD had declined during the prior session even as the broader market advanced, suggesting profit-taking or company-specific caution ahead of earnings. Its elevated beta also makes the shares especially sensitive to changes in market activity and investor sentiment. Robinhood Stock Falls Amid Market Uptick

Robinhood Markets Company Profile

Robinhood Markets, Inc is a financial services company that operates a digital brokerage platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company became known for offering commission-free trading and a mobile-first investing experience designed to broaden access to financial markets.

Through its platform, Robinhood provides brokerage services for stocks, exchange-traded funds, options and other investments. Its offerings also include cryptocurrency trading, individual retirement accounts, margin investing, cash management services and Robinhood Gold, a subscription-based product that provides additional features and benefits.