Robinhood Markets (NASDAQ:HOOD) Trading 1.2% Higher – What’s Next?

Robinhood Markets, Inc. (NASDAQ:HOOD)’s stock price rose 1.2% during mid-day trading on Wednesday . The company traded as high as $71.55 and last traded at $70.11. Approximately 23,970,237 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 29,404,787 shares. The stock had previously closed at $69.30.

Robinhood Markets News Roundup

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

• Positive Sentiment: Analyst upgrade argues a new bull cycle may be forming for HOOD after a sell‑off, suggesting valuation upside if crypto and macro tighten. Robinhood: A New Bull Cycle Is Forming (Rating Upgrade)
• Positive Sentiment: Robinhood Banking topped ~$1.5B in deposits from ~100k funded customers (~50% growth since launch), which supports revenue diversification away from trading‑fee sensitivity. Robinhood Banking Deposits Grow As Trading Heavy Model Faces New Test
• Neutral Sentiment: Robinhood set Q1 2026 earnings release for April 28 and will host management — a near‑term catalyst that could swing sentiment. Robinhood Markets, Inc. to Announce First Quarter 2026 Results on April 28, 2026
• Neutral Sentiment: Needham cut its price target from $100 to $90 but kept a Buy rating — reduces upside but still signals conviction in medium‑term story. Benzinga
• Negative Sentiment: A wave of analyst downgrades and concerns over slowing trading volumes pressures HOOD’s growth outlook and multiple. Robinhood (HOOD) Stock Faces Wave of Analyst Downgrades Amid Slowing Trading Volumes
• Negative Sentiment: Crypto volatility — Bitcoin and altcoins’ pullbacks — hit crypto revenue and sentiment for crypto‑exposed brokers like Robinhood. Bitcoin tumbles, crypto momentum fades as Trump extends Iran timeline
• Negative Sentiment: Legal/regulatory headline risk: Robinhood is fighting state enforcement around prediction markets (suit vs. Washington state) and faces an uncertain regulatory backdrop that could add costs or constrain products. Robinhood Sues Washington State Over Kalshi Lawsuit
• Negative Sentiment: SpaceX retail allocation chatter (reports that other brokers may lead allocations) raised questions about Robinhood’s role in major retail IPOs — a hit to sentiment even after Musk denied exclusions. A Look At Robinhood Markets (HOOD) Valuation After SpaceX IPO Allocation Concerns And Softer Crypto Trading

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Morgan Stanley increased their price target on Robinhood Markets from $146.00 to $147.00 and gave the stock an “equal weight” rating in a report on Monday, December 22nd. Compass Point restated a “buy” rating on shares of Robinhood Markets in a research report on Wednesday, February 11th. Piper Sandler reduced their target price on shares of Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Bank of America lowered their target price on shares of Robinhood Markets from $166.00 to $154.00 and set a “buy” rating on the stock in a report on Wednesday, December 10th. Finally, Loop Capital set a $130.00 price target on shares of Robinhood Markets in a research note on Monday, February 9th. Eighteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $117.58.

Robinhood Markets Stock Performance

The stock’s 50 day moving average price is $79.35 and its two-hundred day moving average price is $110.15. The firm has a market capitalization of $62.03 billion, a price-to-earnings ratio of 33.45, a PEG ratio of 1.58 and a beta of 2.46.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.63 by $0.03. The firm had revenue of $1.28 billion during 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%. During the same quarter last year, the business earned $1.01 earnings per share. The business’s revenue for the quarter was up 26.5% compared to the same quarter last year. On average, sell-side analysts forecast that Robinhood Markets, Inc. will post 1.35 earnings per share for the current fiscal year.

Insider Activity at Robinhood Markets

In other news, CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $121.63, for a total transaction of $45,611,250.00. Following the sale, the chief executive officer owned 375,000 shares of the company’s stock, valued at $45,611,250. The trade was a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $107.48, for a total value of $630,262.72. Following the completion of the sale, the chief technology officer owned 9,133 shares in the company, valued at approximately $981,614.84. This represents a 39.10% 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. Insiders have sold a total of 469,268 shares of company stock valued at $54,409,454 in the last 90 days. Insiders own 14.47% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. North Star Investment Management Corp. increased its holdings in Robinhood Markets by 44.9% during the 3rd quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock valued at $37,000 after acquiring an additional 79 shares in the last quarter. First Command Advisory Services Inc. grew its position in shares of Robinhood Markets by 33.8% in the third quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock valued at $46,000 after purchasing an additional 81 shares during the last quarter. CogentBlue Wealth Advisors LLC grew its position in shares of Robinhood Markets by 3.8% in the third quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company’s stock valued at $342,000 after purchasing an additional 87 shares during the last quarter. Evolution Wealth Advisors LLC increased its stake in shares of Robinhood Markets by 5.2% during the 4th quarter. Evolution Wealth Advisors LLC now owns 1,916 shares of the company’s stock worth $217,000 after purchasing an additional 95 shares in the last quarter. Finally, ORG Partners LLC raised its position in shares of Robinhood Markets by 5.5% during the 3rd quarter. ORG Partners LLC now owns 1,876 shares of the company’s stock worth $269,000 after purchasing an additional 97 shares during the last quarter. Institutional investors and hedge funds own 93.27% of the company’s stock.

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.