Robinhood Markets (NASDAQ:HOOD) Stock Price Down 3.3% After Analyst Downgrade

Shares of Robinhood Markets, Inc. (NASDAQ:HOOD) dropped 3.3% during trading on Wednesday after JPMorgan Chase & Co. lowered their price target on the stock from $115.00 to $114.00. JPMorgan Chase & Co. currently has a neutral rating on the stock. Robinhood Markets traded as low as $89.15 and last traded at $91.43. 38,635,005 shares were traded during trading, an increase of 45% from the average session volume of 26,605,826 shares. The stock had previously closed at $94.56.

Several other research analysts have also recently weighed in on the company. Deutsche Bank Aktiengesellschaft decreased their target price on Robinhood Markets from $138.00 to $134.00 and set a “buy” rating for the company in a research note on Tuesday, September 29th. Morgan Stanley increased their price objective on Robinhood Markets from $150.00 to $160.00 and gave the company an “overweight” rating in a research report on Friday, October 9th. Rosenblatt Securities reaffirmed a “buy” rating and set a $135.00 target price on shares of Robinhood Markets in a report on Wednesday. Citizens Jmp reissued a “market outperform” rating and issued a $165.00 price target on shares of Robinhood Markets in a research note on Wednesday. Finally, China Renaissance assumed coverage on shares of Robinhood Markets in a report on Tuesday, July 7th. They issued a “buy” rating and a $156.80 target price for the company. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $127.45.

Insider Buying and Selling at Robinhood Markets

In related news, CEO Vladimir Tenev sold 375,000 shares of the stock in a transaction on Monday, October 5th. The stock was sold at an average price of $113.72, for a total transaction of $42,645,000.00. Following the completion of the sale, the chief executive officer directly owned 375,000 shares in the company, valued at approximately $42,645,000. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Shiv Verma sold 11,472 shares of the company’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $110.42, for a total value of $1,266,738.24. Following the completion of the transaction, the chief financial officer directly owned 56,858 shares in the company, valued at approximately $6,278,260.36. The trade was a 16.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,091,347 shares of company stock valued at $128,447,880 in the last 90 days. Corporate insiders own 13.48% of the company’s stock.

Robinhood Markets News Roundup

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

• Positive Sentiment: Robinhood reported record third-quarter revenue of approximately $1.42 billion, up about 12% year over year. Net deposits reached $16 billion, platform assets climbed to $396 billion, and Robinhood Gold subscribers rose to a record 5.2 million. Robinhood Reports Third Quarter 2026 Results
• Positive Sentiment: Trading activity remained strong, while prediction markets and options helped offset the crypto slowdown. Robinhood said 14 business lines now generate at least $100 million in annualized revenue, supporting the company’s strategy to diversify beyond cryptocurrency. Robinhood quarterly revenue rises 12%
• Positive Sentiment: Bernstein said new offerings, including prediction markets, could drive future upside. Several analysts retained bullish ratings, although most reduced their price targets; Citizens JMP reaffirmed an outperform rating with a $165 target. Robinhood to rally on prediction markets and new offerings
• Neutral Sentiment: Robinhood’s adjusted EPS of $0.60 exceeded consensus of $0.56, but diluted EPS was $0.51, below expectations and down from a year earlier. Revenue also fell slightly short of estimates, while higher expenses pressured margins.
• Neutral Sentiment: About 200,000 customers have reportedly enabled Robinhood’s AI trading agents. The product could increase engagement and create a new revenue stream, but autonomous trading also introduces regulatory, execution and reputational risks. 200,000 Robinhood Customers Now Let AI Trade for Them
• Negative Sentiment: Crypto revenue fell 55% year over year to $120 million as subdued cryptocurrency activity and tighter spreads reduced transaction revenue. Crypto weakness, along with lower interest income, was the main catalyst for the earnings-related selloff. Robinhood shares fall as crypto markets chill drives profit miss
• Negative Sentiment: Robinhood did not provide a 2026 outlook for total operating expenses, increasing uncertainty around future profitability. The Ohio Casino Control Commission also sent a cease-and-desist letter concerning sports-related event contracts in the state. Robinhood Stock Tumbles Over 6%

Institutional Investors Weigh In On Robinhood Markets

Several large investors have recently made changes to their positions in HOOD. C M Bidwell & Associates Ltd. bought a new position in Robinhood Markets during the second quarter valued at approximately $27,000. James T. Borello RIA bought a new stake in Robinhood Markets in the third quarter worth approximately $29,000. Cassaday & Co Wealth Management LLC bought a new stake in Robinhood Markets in the first quarter worth approximately $33,000. Glen Eagle Advisors LLC increased its stake in shares of Robinhood Markets by 100.7% during the 1st quarter. Glen Eagle Advisors LLC now owns 568 shares of the company’s stock worth $39,000 after purchasing an additional 285 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new position in shares of Robinhood Markets during the 2nd quarter worth $40,000. Institutional investors own 93.27% of the company’s stock.

Robinhood Markets Stock Down 3.3%

The firm has a market cap of $82.20 billion, a P/E ratio of 40.28, a P/E/G ratio of 1.89 and a beta of 2.35. The business’s fifty day moving average price is $108.78 and its two-hundred day moving average price is $93.44. 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 (NASDAQ:HOOD) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.04. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.44 billion. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. Robinhood Markets’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.61 earnings per share. As a group, equities research analysts anticipate that Robinhood Markets, Inc. will post 2.19 EPS for the current year.

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.