Brokerages Set Robinhood Markets, Inc. (NASDAQ:HOOD) PT at $121.73

Shares of Robinhood Markets, Inc. (NASDAQ:HOOD) have been given an average rating of “Moderate Buy” by the twenty-four analysts that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and seventeen have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $121.7273.

Several analysts have issued reports on the stock. Loop Capital set a $130.00 price target on shares of Robinhood Markets in a research report on Monday, February 9th. Citizens Jmp restated a “market outperform” rating and set a $180.00 price objective on shares of Robinhood Markets in a research report on Wednesday, February 11th. Compass Point restated a “buy” rating on shares of Robinhood Markets in a research report on Wednesday, February 11th. Cantor Fitzgerald reduced their target price on Robinhood Markets from $130.00 to $100.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 17th. Finally, The Goldman Sachs Group lowered their target price on Robinhood Markets from $152.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th.

Robinhood Markets Stock Up 2.9%

NASDAQ:HOOD opened at $79.35 on Friday. Robinhood Markets has a 52-week low of $29.66 and a 52-week high of $153.86. The stock has a fifty day simple moving average of $94.33 and a 200-day simple moving average of $114.73. The company has a market capitalization of $71.44 billion, a PE ratio of 38.52, a price-to-earnings-growth ratio of 1.59 and a beta of 2.47.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.03. The firm had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The firm’s revenue was up 26.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.01 EPS. As a group, equities analysts anticipate that Robinhood Markets will post 1.35 earnings per share for the current year.

Insider Buying and Selling

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 transaction of $4,613,537.40. Following the completion of the sale, the insider owned 27,564 shares in the company, valued at approximately $2,420,394.84. This trade represents a 65.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $75.49, for a total transaction of $754,900.00. Following the completion of the transaction, the insider directly owned 452,849 shares of the company’s stock, valued at $34,185,571.01. The trade was a 2.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 475,132 shares of company stock valued at $55,127,149 over the last three months. Insiders own 19.95% of the company’s stock.

Hedge Funds Weigh In On Robinhood Markets

A number of institutional investors have recently modified their holdings of HOOD. Empowered Funds LLC grew its stake in Robinhood Markets by 46.7% in the 1st quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock worth $2,076,000 after acquiring an additional 15,885 shares during the period. Hantz Financial Services Inc. lifted its stake in shares of Robinhood Markets by 120.3% during the 2nd quarter. Hantz Financial Services Inc. now owns 271 shares of the company’s stock worth $25,000 after purchasing an additional 148 shares during the period. Sigma Planning Corp acquired a new stake in shares of Robinhood Markets during the second quarter worth $359,000. Prosperity Consulting Group LLC acquired a new stake in shares of Robinhood Markets during the second quarter worth $234,000. Finally, First Horizon Advisors Inc. grew its position in shares of Robinhood Markets by 7.4% in the second quarter. First Horizon Advisors Inc. now owns 4,290 shares of the company’s stock valued at $402,000 after purchasing an additional 297 shares during the period. Institutional investors and hedge funds own 93.27% of the company’s stock.

Robinhood Markets News Summary

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

• Positive Sentiment: Robinhood launched Robinhood Ventures Fund I (a $658M private-retail fund listed publicly) and unveiled a high-end Platinum credit card, moves that broaden fee-based revenue and give retail customers access to private markets. Robinhood Broadens Beyond Trading With Venture Fund And Platinum Card
• Positive Sentiment: CEO emphasizes a “financial super app” strategy (including prediction markets), reinforcing a long-term growth narrative and cross-selling opportunities that could lift customer monetization. Robinhood’s CEO has a ‘super app’ vision for prediction markets
• Positive Sentiment: High-profile endorsement: Jim Cramer publicly recommended buying Robinhood, which can boost retail sentiment and trading demand. Jim Cramer on Robinhood: “The Question Is, Would You Buy It Now? And the Answer Is a Resounding Yes”
• Neutral Sentiment: Sector tailwind: Nasdaq’s partnership with Kraken to expand tokenization infrastructure signals growing institutional focus on blockchain-based securities — a potential long-term opportunity for Robinhood’s crypto and tokenization roadmap. Nasdaq teams up with Kraken to expand tokenization infrastructure
• Neutral Sentiment: Management reiterated an aggressive growth target (20%+), underscoring product-led expansion but leaving execution and margin mix as variables to watch. Robinhood Markets, Inc. (HOOD) Aims to Become a “Financial Super App” with 20%+ Growth
• Negative Sentiment: Insider selling was reported and the stock traded down on that news earlier in the week — insider activity is raising near-term selling-pressure concerns despite the strategic announcements. Robinhood Markets (NASDAQ:HOOD) Trading Down 4.3% After Insider Selling
• Negative Sentiment: Critics warn that opening hot startup and private deals to retail investors increases risk and could invite regulatory scrutiny or reputational issues if retail customers suffer losses. Robinhood wants everyone to be able to invest in hot startups like Databricks and Ramp, but how much risk will investors take on?

About Robinhood Markets

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.