Robinhood Markets’ (HOOD) “Buy” Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities restated their buy rating on shares of Robinhood Markets (NASDAQ:HOOD) in a report issued on Wednesday morning,Benzinga reports. They currently have a $135.00 target price on the stock.

A number of other equities research analysts also recently weighed in on the company. Wells Fargo & Company decreased their price objective on Robinhood Markets from $125.00 to $120.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 14th. KeyCorp increased their target price on Robinhood Markets from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, September 30th. Loop Capital set a $135.00 target price on Robinhood Markets in a research report on Tuesday, September 29th. CICC Research boosted their price target on Robinhood Markets from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Finally, Wall Street Zen upgraded Robinhood Markets from a “sell” rating to a “hold” rating in a research report on Saturday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $127.39.

Robinhood Markets Trading Down 7.2%

Shares of Robinhood Markets stock opened at $84.99 on Wednesday. The company’s fifty day moving average price is $108.49 and its two-hundred day moving average price is $93.04. The firm has a market capitalization of $76.41 billion, a PE ratio of 39.17, a price-to-earnings-growth ratio of 1.95 and a beta of 2.35. Robinhood Markets has a 52-week low of $63.51 and a 52-week high of $150.47. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.24 and a quick ratio of 1.22.

Robinhood Markets (NASDAQ:HOOD) last issued its earnings results on Tuesday, October 27th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.04. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.44 billion. Robinhood Markets had a net margin of 39.04% and a return on equity of 21.49%. The firm’s revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.61 EPS. On average, analysts expect that Robinhood Markets will post 2.15 EPS for the current year.

Insider Activity

In other news, insider Daniel Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $113.71, for a total transaction of $1,137,100.00. Following the completion of the sale, the insider owned 499,943 shares of the company’s stock, valued at approximately $56,848,518.53. This trade represents a 1.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Oluwadara Treseder sold 1,875 shares of the firm’s 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 sale, the director directly owned 70,567 shares of the company’s stock, valued at approximately $8,820,875. The trade was a 2.59% decrease in their position. 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. In the last three months, insiders sold 1,091,347 shares of company stock valued at $128,447,880. Corporate insiders own 13.48% of the company’s stock.

Hedge Funds Weigh In On Robinhood Markets

Several institutional investors have recently bought and sold shares of HOOD. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Robinhood Markets by 10.2% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 6,812,999 shares of the company’s stock valued at $472,141,000 after buying an additional 632,403 shares in the last quarter. Amundi raised its holdings in shares of Robinhood Markets by 89.0% in the first quarter. Amundi now owns 6,385,232 shares of the company’s stock valued at $442,497,000 after buying an additional 3,007,103 shares during the last quarter. Amova Asset Management Americas Inc. lifted its position in Robinhood Markets by 15.0% during the 1st quarter. Amova Asset Management Americas Inc. now owns 5,240,796 shares of the company’s stock worth $362,925,000 after buying an additional 685,041 shares in the last quarter. Renaissance Technologies LLC lifted its position in Robinhood Markets by 48.6% during the 1st quarter. Renaissance Technologies LLC now owns 5,104,137 shares of the company’s stock worth $353,717,000 after buying an additional 1,668,400 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Robinhood Markets during the 2nd quarter worth about $379,695,000. Institutional investors own 93.27% of the company’s stock.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Diversification is gaining traction. Robinhood reported record third-quarter revenue of approximately $1.42 billion, while prediction-market activity, equities, options and margin trading remained strong. Management also highlighted expansion of its Agentic Trading suite, crypto offerings and broader financial “super app” strategy. Robinhood’s Diversification Push Gains Momentum in Q3
• Positive Sentiment: Prediction markets are a major growth opportunity. The business reportedly grew sevenfold year over year, with management arguing that prediction markets could become a significant long-term revenue stream as activity expands beyond sports. Why Robinhood Thinks We’re at the Beginning of a Prediction Market Supercycle
• Positive Sentiment: Some analysts remain bullish. BTIG, Rosenblatt and Citizens JMP reiterated positive ratings, reflecting confidence in Robinhood’s product expansion and longer-term growth potential. BTIG Reaffirms Buy Rating
• Neutral Sentiment: Broader market pressure is adding volatility. A technology selloff and concerns about the sustainability of AI-related spending are weighing on high-growth and trading-platform stocks generally. Morning Call Sheet
• Negative Sentiment: Quarterly profitability disappointed investors. Although revenue reached a record, reports said adjusted EPS missed expectations, while GAAP net income and diluted EPS fell year over year. The contrast between strong top-line growth and weaker earnings raised concerns about operating performance and valuation. Why Wall Street Remains Bullish Despite the Decline
• Negative Sentiment: Crypto revenue fell sharply. Crypto revenue dropped 55% year over year amid a weaker crypto market, reducing a historically important source of transaction revenue. A record Binance theft also pressured crypto-related stocks across the sector. Crypto Stocks Fall After Binance Hack
• Negative Sentiment: Analysts lowered expectations. Wells Fargo, Goldman Sachs, JPMorgan, Barclays, KeyCorp, Scotiabank and Needham reduced price targets or forecasts, contributing to selling pressure. Barclays Cuts Robinhood Price Target

About Robinhood Markets

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.